MinedBlock "Mining As A Service"

in blockchain •  4 months ago 

Blockchain as well as cryptocurrency are on the sting to disrupt the globe technologically. Individuals are currently realizing these technological items have the aptitude to rework each sphere of our society. The immutable properties of blockchain is attracting the globe to implement it into each business section. Cryptocurrencies on the opposite hand are getting widespread and prepared to produce daily standard of living payment services.

One of the necessary pillars of crypto operating principles is surely mining. Mining act as the fuel for each blockchain and crypto network operations. Before any transaction can be executed, a group of mining computers performs advanced mathematical operations which then get verified and completed. With that being said, mining farms do play an important role within the functioning of crypto economy. Mining additionally permits miners to earn cryptocurrencies in a more sophisticated way. Everything isn't as sweet as it does look though. Within the recent years conditions for mining are really drastically ever-changing and it becomes terribly troublesome to form a profitable mining.

Challenges

Though there's been a high demand for cryptocurrency generally. However, the mining sector keep decreasing together with its useful service. These are factors which affects the mining method;

• Mining equipment has become quite expensive and to be able to make profit from mining, a miner need to own several equipments.
• The rate of which the electricity consumption is highly demanded, for mining to be profitable, the cost of electricity need to be less
• Mining process should have an absolute transparency
• Lastly, mining farms don't seem to be supported by legal aspects it becomes terribly tough to manage each business and investment settlements between investors, users and mining farm itself. Business problems ought to be resolved carefully

Considering these issues, a team of extremely skilled specialists came up with a distinctive solutions by making a project known as MinedBlock

Objectives

The main objectives of the @MinedBlock project is create an effective mining process through utmost transparency. Kindly be aware that MinedBlock is known to be the world's 1st mining farm that is hosting a Security Token Offering (STO) to boost funds. With that being said, MinedBlock chooses a credible STOwhich is obviously more reliable than ICO. MinedBlock is also committed to eliminate any dishonest activity to promote utmost transparency between investors and miners.

The funds which would be raised and profits attained are utilized to expand the mining farm by acquiring mining equipments and to produce quality service to all users.

Benefits of MinedBlock


MinedBlock offers several benefits listed below

  1. The first advantage will be from the particular geographical located chosen for their mining which is in cold location. Thus, Project developers saves on electricity cost used in cooling the equipments. This helps to extend the longetivity of mining equipments.

  2. MinedBlock will utilize the usage of green electricity which is generated by green resources, this helps to create a profitable mining process.

  3. Tokenization helps to promote absolute transparency in the mining process, so each miner have clear image regarding each mining operation being done.

  4. The decision to supply tokens through STO will also promote credibility especially over ICO.

  5. Investors will receive a large sum profit of 75% from the mining profit generated and off course 25% will go to the MinedBlock team which will then be used to utilized for further development, enlargement of mining farm and to increase the token value.

  6. MinedBlock additionally provides a chance for token holders to vote in future developments and mining farm enlargement.

With MinedBlock being an STO, this guarantee to produce higher benefits over a regualar ICO. MinedBlock project is also high rated and within the list of most promising crypto solutions.

Token Details

• Token ticker: MBTX
• Token offering: STO
• Token platform: STO-20 Polymath platform on Ethereum blockchain
• Token price: $0.15 per MBTX
• Softcap: $1,000,000
• Token sale: 30th March to 30th May 2019

Team

Roadmap

There is an assurance that MinedBlock project can promote the expansion of crypto market because it uses green energy to mine cryptocurrency which then causes no harm to the universe. The cold location chosen to setup mining farm can also make mining a lot more profitable and attract a lot of investors. Their choice to supply tokens through STO will also increase their credibility. Tokenization in mining also will ensure no room for any frauds and promote transparency. MinedBlock is among the top rated and promising project.

For more detailed info about MinedBlock, please check their links below:

Website: https://www.minedblock.io
Read Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5108768.0
Telegram: https://t.me/minedblockofficial
Facebook: https://www.facebook.com/minedblock
Twitter: https://www.twitter.com/mined_block
Medium: https://medium.com/@MinedBlock
LinkedIn: https://www.linkedin.com/company/minedblock
Reddit: https://www.reddit.com/r/minedblock

Bounty0x Username tinakoya

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