Many people who have invested in the Pieta token/project or plan to do so are wondering when and how we will release our mining platform. To solve the investors’ woes, here’s the answer directly by the Pieta team.
Pieta Mining Platform (App) will be ready by November
The final public ICO sale of Pieta token is going to end on 15th November, 2019. We are already near to achieving our target investment for the platform. The project itself is in the last stage of development. It is expected to be ready at the same time when the ICO ends.As for the release of the Pieta mining system, it is scheduled in November 2019.
What to expect?
Well, we will, for now, release a beta version of the mining app in order to test it in the real environment with real people. At the same time, we will gather the audience response and figure out the bugs (if any) in the first version. Based on the subsequent changes and updates, the final app will be released in December or later.The development of Pieta mining platform is in the final stage.
The team has partnered with Bitmain, which is a popular crypto mining network, for the development of custom mining rigs and contract.The Pieta team consists of expert blockchain developers from around the world. The mining contract of Pieta has already been developed. It will be published soon.
The team is now working on programming the mining equipment to work with solar electricity.Since no such system has been developed as of yet, it is naturally going to take some time and considerable efforts from the end of our team. But rest assured, Pieta’s mining platform will be ready and launched very soon.With the launch of Pieta mining system in November, we will become the first platform to successfully run a complete mining system based on solar electricity.
For those who don’t know, Pieta is developing a first-of-its-kind mining system where solar will be the primary source of electricity. To reduce the cost of mining operations and improve productivity, Pieta system will use affordable solar electricity produced at the company’s solar plants located in Africa and other places.
The use of solar is expected to reduce the energy cost to nearly zero, which will be a very profitable deal for the miners worried about reducing profitability. As the energy cost reduces, the profitability of crypto mining operations will increase by up to 20-30%.In other words, users will be able to mine up to 30% more cryptocurrencies with the same cost through the Pieta mining platform. Join the Pieta Network
Originally published on Pieta Ecosystem