MinedBlock| Mining As A Service Using The Resources From A Large-scale Mining Operation

Welcome my dear friends . I have prepared for you an overview of a project MINEDBLOCK. This Mining solve the problems of individual cryptocurrency mining processes and turn them into a simple and clear service. MINEDBLOCK technology helps to mediate rate, energy cost and space cost, which usually affects the profitability of crypto-mining operations.

MINEDBLOCK offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation, mining multiple crypto assets without the need to buy, configure and maintain expensive mining equipment.

Today, the production of cryptocurrency requires a lot of energy. In recent centuries, human activity and technology development have brought the planet into a rather pitiful state. The development of modern technology greatly simplifies our lives but also brings many environmental damages. Of course, there are now a few businesses that aim to help us and protect our planet. Therefore, the future of our planet is very vague and has few perspectives, and crypto production is not very favorable to this goal right now, because the whole process consumes a huge amount of energy, that is why MinedBlock is here to satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.

BLOCKCHAIN INNOVATION

The innovation of blockchain technology brought about the success of cryptocurrency such as bitcoin which has led to the acceptance and its use, trading and investing via cryptocurrency globally. This has also brought about introduction of other cryptocurrency making the decentralized system that keeps expanding with its users on daily basics. The mining activities of valuable cryptocurrencies around consumes large amount of power and emits to the environment which brings about high energy power cost for miners and depletion of our environment.

The large power consumption comes from the required sophisticated mining machine to mine cryptocurrency and cool the machine. This has brought about the MINEDBLOCK platform, the platform offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited.

We can mine several different coins from our mining facilities. They include Bitcoin, Ethereum, Litecoin, and Monero etc. The profits that MINEDBLOCK is currently offering are substantially higher than in conventional mining farms.

The power revolutionizes project and eliminates the current problem of a mountain ecosystem based on fossil carbon/fossil fuels and contributes to the creation of the first ecological ecosystem of clean/renewable ecological crypto mining. MinedBlock is a mining project-based cryptographic company that includes a team of entrepreneurs, investors, cryptocurrency experts, and climate change.

INTRODUCTION

MinedBlock is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.

MinedBlock was formed with the aim of introducing mining to the cryptocurrency industry. The aim is to set up the infrastructure that can facilitate truly mining for investors and broaden the landscape for miners around the world. This includes the creation of state of the art machines and grids that are energy efficient and that require less cooling. Currently our facilities use cuttingedge renewable energy and no money is being paid to any electrical companies which gives you a fully secured and compliant token granting you a share of ownership of the holding company behind the service.

Going forward we are creating an efficient architecture for our blockchain to ensure that mining costs and demands are low. The mining rigs we are developing will also require less computing and energy power to mine Cryptocurrencies. The MinedBlock token is an ST20 token based on Polymath's token standard. MinedBlock is a large-scale, cost-efficient crypto mining company. We provide a fully managed crypto mining service which pays out 75% of our revenue to our share/token holders.

THE MINING AND TRANSACTION PROCESS WHICH MAKES MINEDBLOCK STAND OUT

Their is need for blockchain technology to shift towards a platform that is highly friendly with the environment. Though, coin mining needs about 75% of crypto, but that does not implies that the climate or environment must be contaminated as a result of this process. That was why MINEDBLOCK stand out among all of its equals. This platform had developed an Eco-Chain with consensus algorithms which allows the consumption of low energy for it's activities.

THERE ARE SEVERAL BENEFITS FOR USING THE MINEDBLOCK CHAIN. THEY INCLUDE:

● Instant transactions – Proof-of-Work blockchains have slow block speeds because of the computational load. The MINEDBLOCK Chain will provide instant transactions because of the revolutionary consensus mechanism used.

● Cutting-edge fund protection – The funds of users on the MINEDBLOCK Chain will be protected from hackers, phishers and nefarious individuals seeking to use the platform to steal or do damage because it will not be susceptible to attacks.

• Multiple Currencies
With MinedBlock there is no need to decide which coin or token you would like to mine as we mine a variety of different crypto to ensure you get a good spread and maximise profitability.

● Global accessibility – The MINEDBLOCK will be accessible from all parts of the globe. Global access brings the passive income opportunity of blockchain mining to people in different parts of the world.

● No transaction fees – The MINEDBLOCK will be a utility blockchain where the native cryptocurrency will not have any transaction fees and the blockchain cryptocurrency will be generated from the MINEDBLOCK cloud and mining services. This will make the MINEDBLOCK the first truly free blockchain that individuals can use.

UNIQUE VISIONS OF MINEDBLOCK

Our vision is to become a major player in the cryptocurrency arena and for MINEDBLOCK to own a significant part of the infrastructure required to process transactions and mint new crypto assets. This will enable our investors to reap a significant return on investment while we employ an aggressive growth strategy to position ourselves as the ‘Amazon’ of the crypto mining industry”.

To increase the breadth of the mining market so that future needs and requirements for miners can be met by introducing mining to the cryptocurrency industry and also to set up the infrastructure that can facilitate truly mining for investors and broaden the landscape for miners around the world.

SECURITY TOKEN OFFERING

Security Token sale participants will be required to pass KYC (Know Your Customer) checks via our Website to enable whitelisting within the Smart Contract. To satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.

This MINEDBLOCK system will allow individuals to mine cryptocurrencies without the use of complicated machines. Mining in blockchain has been a very important factor in cryptocurrency but it has been seen that its energy demand for mining farms and rigs robs the ecosystem of the energy available. Bitcoin and other cryptocurrencies produces tons of carbon which in turn consumes a lot of energy for mining which simply means that as the need for more energy for mining increases, the ecosystem is put in danger as more and more fossil oils will be needed by energy companies. MINEDBLOCK has noticed this and have come up with an objective to develop a framework which will encourage mining and also increase the miners' terrain throughout the globe and also create device and grids with efficient energy which needs minimum cooling.

MINEDBLOCK offers services for cryptocurrency mining, and their goal is to continue to innovate for this already thriving industry. However, even though they are not the only company to offer-based mining projects, they have discovered a way to use their services to take mining to a new level through “sustainable energy” practices that would reduce the cost of minting new bitcoins by contributing hashing power to the network.

However, The cost of operation is not high due to high energy bills and savings which are passed back to contract holders. With the help of low cost of operations, the profits for investors begin to increase. Hence, the investors begin to enjoy more and more benefits.. The creation of the MinedBlock currency has made earning secured, with it been a utility coin, it won’t be as volatile as the speculative coins in most blockchain startups. The state of art machines and grids are created so that energy efficient may require less cooling with no payment to any electrical companies given investors the need not to run the machines themselves but purchasing smart contracts which allows them the mining right in minedblock facilities

You can read the full detail of the project in our Whitepaper. MinedBlock Holding Limited will own 75% of the total Mining Service and will be 95% owned by the shareholders. MinedBlock Limited will own the remaining 5%. The MinedBlock token is an ERC-20 token based on the Ethereum blockchain.

For more information

Website: https://www.minedblock.io/

Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf

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