Bitcoin Forum

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ANN Locales:
SOON

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Hello Scavo team,

Congratulations for succeeding in ICO and going forward with the plans. I don't remember a detailed explanation regarding the passive income for SCAVO holders in the whitepaper other than the calculator you had on site, am I wrong?

Kind regards,

Hello dear community!!! Good day.


We want to share with you our progress.

As we have said, currently we are working on the website as well as the user's dashboard.
As a part of this current stage, synced daemons are mandatory. We have installed and setted up 2 instances of Bitcoin Core daemon.
Finally it is synced and fully functional, therefore, now we can continue to work on the user's dashboard.

We are waiting for Ethereum and Litecoin to be synced soon.

If you want to know more, please follow or join us on our social network.


👉Facebook: https://www.facebook.com/SCAVOTechnologies/
👉Twitter: https://twitter.com/SCAVOTech
👉Telegram Channel: https://t.me/SCAVOTechnologies
👉Telegram group en Español: https://t.me/SCAVOTech_Spanish
👉Telegram group in English: https://t.me/SCAVOTech_English
👉Medium: https://medium.com/@SCAVOTech
👉YouTube: https://www.youtube.com/channel/UC97baGa2bnwnxolojO8LsjA


~SCAVO TEAM

Hello meejay:

First of all, thank you!.

As is established in the Whitepaper, each token holder is entitled to receive profits from mining operations as well as third party operations in a relation to what he/she hold compared to circulating tokens.
By default, It is estipulated to send them in a weekly basis, in ETHER, directly on the wallet (see *1).
For those holders that have a small amount of tokens, they will receive the utilities once he/she reaches the mininmum expected in relation to fees ( see *1).

Basically:

TAETS = EBMO + EBTPO - OPEX

TASTE = TAETS * PSTH

PSTH = ATH * 100 / NTC

TAETS = Total Amount Earned To Share in BTC and/or ETH.
EBMO = Earned By Minig Operations
EBTPO = Earned By Third Party Operations
OPEX = OPerating EXpenses
TASTE: Total Amount to be Sent To Each token holder in ETH
PSTH = Percentage of Share of Token Holder

ATH = Amount of Token you Hold
NTC = Number of Tokens in Circulation

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Let's exemplify:

NTH = 5,000,000 SCAVO
ATH = 500,000 SCAVO

It means your POSTH = 500,000 * 100 / 5,000,000 = 10%

Now, our:
OBMO = 10 BTC
EBTPO = 2 BTC
OPEX = 0.5 BTC

So, our:

TAETS = 10 BTC + 2 BTC - 0.5 BTC = 11.5 BTC

finally, your TASTE = 11.5 BTC * 10% = 1.15 BTC

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Indeed, we built a calculator to arrange an expected/estimated return during the course of the token sale on our website. Parameters was setted based on current market and expectations at that time.
Mining calculator will be available once new website (scavo.farm) becomes online. At first, it will calculate an estimate based on preload parameters according to datacenter estimations.
Once mining farm is finally  online, it will show you a realtime and accurate profits.

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I hope I clarified your concern. If you have any further questions, please let us know.

🇺🇸 Dear community: we want to share with you an importat update about the AML/KYC process and the project itself.

https://medium.com/@SCAVOTech/ongoing-important-updates-b46f06895ab4

#SCAVO #Token #Crypto #cryptocurrency #cryptocurrencynews

🇺🇸 Dear community:

As we have committed ourselves yesterday, we want to share with you the NEW DISTRIBUTION AND FINANCING MODEL.
It is entirely designed to provide equal opportunity to everyone who wants to participate and rewards those investors who decide to stay with SCAVO.
In addition, it takes into consideration the asymmetric results that occurred during the different campaigns that we have carried forward, be these bounties, airdrops or contest.

We ask you to please take a few minutes to read carefully.

👉 https://medium.com/@SCAVOTech/new-distribution-and-financing-model-2d4bb9bd4bb3

We await your feedback.

~ SCAVO TEAM

has the mining farm building been completed? when can scavo start mining? will the scavo token holder get a passive income?

🇺🇸 DEAR COMMUNITY !!!

PREPARING US FOR MIGRATION TO THE NEW DISTRIBUTION AND FINANCING MODEL
IMPORTANT INFORMATION

According to what was previously reported, next February 1st at 00:00:00 (GMT-03) we will take a snapshot of the current distribution and based on this we will begin the automated process of adaptation to the new distribution and financing model.
Therefore, we ask everyone to send their tokens to their personal wallets or they can contact our support to advance the adjustment process.
Currently SCAVO is listed in Graviex, WeiDex and FatBTC.
In the case of FatBTC users, we are evaluating what steps to take and we will be communicating briefly.

~ SCAVO Team

🇺🇸 DEAR COMMUNITY

TOKENS IN WeiDex EXCHANGE - IMPORTANT STEP TO CARRY OUT

Since we are going to migrate to a new distribution model of our token without changing our smart contrat, it is mandatory to widthdraw your token to your wallet before 01-31-2019.
We can't identify your tokens if they are in WeiDex smart contract.

🇺🇸 DEAR COMMUNITY

STEPS NEEDED TO PROCEED WITH TOKEN ADJUSTMENT

https://medium.com/@SCAVOTech/adjustment-procedure-for-investors-tokens-5032a0d2b3d5


~SCAVO TEAM

what tokens SCAVO on the stock exchange FATBTC no longer valid???

Hello.
Yes, of course they are valid, also they will be upgraded to new token distribution soon.

👋Hello!!

🙏 We are focusing on ending the website, that will be online in few days, also testing dashboard.
🙏🙏 Data center will finished by february 10.
🙏🙏🙏 Testing and integration will begin right after data center become online with miners we have in stock. It will take no less than a week to cover soma bugs etc, according to our developers

We are still waiting for confirmation for those investors that already hasn't replied yet to get an accuarete numbers of miner we will have in production.

🇺🇸 DEAR COMMUNITY

‼️ IMPORTANT ‼️ — ‼️  FatBTC Users ‼️

STEPS NEEDED TO PROCEED WITH TOKEN ADJUSTMENT for FatBTC Users

Guide: https://medium.com/@SCAVOTech/adjustment-procedure-for-fatbtc-users-8841d8fda1c7


Please, take a minute to read the post and if you have any concern or issue, don't hesitate to contact us by Telegram or by email at support@scavo.technology.

~SCAVO TEAM

I want to praise the team members of this project. I see, that they are struggling to improve their work. they gradually reach important steps, moving steadily but confidently. and it is important for further success

Thanks for your kind support!!.

Mining farms is good oportunity to earn a good coins without hard work. Need to look deeper in this project.

Today many mining projects like ambit and others have ended in bankruptcy, while leaders like bitmain are on the verge of bankruptcy. What is your difference from them? Solar panels and cheap electricity?

As per photos alone, it already suggests that they will be employing renewable energy on this project.
To survive in this crypto mining business, they should seriously implement this aspect.
Energy consumption is one major obstacle why small miners are stopping their mining activities.
And we don't know yet if Scavo can really achieve the sustainability that they are aiming for.

The team here is on average better than in a regular project. But they have a problem with the implementation of the amount of money that they have.
For projects like scavo, not only technology is important, but also very large sums of money  ::)

Dev i need help pliz  can’t finish the registration already the 3rd day a table with authentication has arrived and all help address dreemsjohn@gmail.com do not recover the password

Hello.
Please check your email. Pasword has been re-established.

Also if you have any issue, you can contact us at support@scavo.technology o @SCAVOSupport on Telegram.