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Hello everyone, come back with me. Today I will show a very good project, namely Minedblock
About MinedBlock
MinedBlock prepares to offer an exciting opportunity for their investors, this opportunity is about being able to use resource from a large-scale mining operation,during the usage there will be no need to buy, configure and maintain expensive mining equipment. The MinedBlock has a unique approach, our approach to this activity allows the user a fully secured token providing the user a share of ownership of the company backing the service and it would not be just a random utility token. The vission of the MinedBlock is to become a basic player in the cryptocurrency arena and also for MinedBlock to possess an important part of the infrastructure and to mint new crypto assets. While our investors gain from the return of our investment we also put up a massive growth plan to put ourselves at a position as the 'Amazon' (main character) of the crypto mining industry.
Current Challange In the Crypto Minining Sector
One of the key problem crypto mining is facing is that hash power which is the center piece of solving blocks is now being centralized,originally mining is very important in the blockchain, this network is formed by the miners to make it decentralized but now reverse is the case, this has made it more and more harder for people to get involved in minining discouraged by the financial investment required to mine.
About the project
The project itself has a very simple and concise name – MinedBlock. MinedBlock is the world's first crypto mining farm that will carry out the sale of its token using Scrabble STO.
This moment will allow to exclude any fraudulent actions on both sides of the transaction participants, as well as to protect future investors from any force majeure situations. Moreover, all proceeds from the sale will be fully used to purchase powerful and expensive mining tools, their further service processing and other related operations.
The world of high technologies will never be the same and no matter what anyone says about modern blockchain technology, it will still not go anywhere! What is not important as the moment itself, lead the market, rising or falling with the total capitalization, projects arise and technology develops.
Today we will touch upon one of the most popular topics in the cryptocurrency market related to the mining industry. After all, this is where the path of each individual cryptocurrency coin begins. It is with the help of computing power of mining farms that we can further get the opportunity to use our digital tools. But, like any other direction, the mining industry is experiencing today a number of difficulties, which in turn affect the entire further process and the demand for crypto-currency coins.
As a rule, all these problems are formed around several questions:
the first problem often lies in the high cost of the computing equipment necessary for the full production of crypto coins;
the second problem is also financial, as most of the profit from mining goes to pay for electricity. Therefore, the more expensive it is, therefore, the profit becomes less;
the third problem is most likely the issues of transparent settlement of all internal operations within the mining farm itself and its investors. Often, these relations are far from transparent, which naturally affects the entire investment portfolio of the participant;
and the fourth problem is the lack of settlement of all investment and business issues between the participants of the mining farm and its investors. Many modern mining farms simply do not have any legal support or any other legal aspects necessary for the quality of their business.
To solve all the above problems offers a team of professionals whose concept once and for all will change the current situation of all mining farms and bring its investors a new highly efficient stream of cash flow.
Design feature
To do this, the founders have already developed a clear strategy of action, through which they purposefully after the launch will perform certain actions. Starting from the purchase and installation of the equipment, while relying on the selected location, where it all will be located. As I said earlier, a very important criterion in the entire mining industry is the cost of electricity so its price is extremely important for future investors who intend to take a direct part in STO MinedBlock. But here I can really calm you down a bit, as the MinedBlock team intends to use only "green" energy sources, which have a number of advantages, ranging from low cost to high environmental performance for the entire environment.
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Geographically, the MinedBlock farm will be located in Iceland, which will save the founders of MinedBlock not only money for electricity, but also for the cooling system, which is also very important for the constant operation of cryptographic equipment.
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Advantages
As for the specific advantages of MinedBlock, there are a lot of them:
the first thing to start with is a system of transparency of all internal and external processes on the part of the founders of MinedBlock regarding their investors. Moreover, when selling its tokens, it is the only mining farm that uses an improved STO system instead of the classic ICO;
second, the founders of MinedBlock took care of the most important elements necessary for a powerful mining farm: location, “green” and easily renewable electricity, geographical location and highly efficient equipment;
and the third advantage is aimed at specific benefits for investors themselves, who will receive 75%of the profits from the entire mining farm MinedBlock. The remaining part in the form of 25% of the profit will be directly owned by the founders of MinedBlock and spent on various management of mining processes, as well as on the purchase of their own tokens;
the fourth advantage of MinedBlock will again be aimed at privileges for token holders, who in turn have the right to vote and make amendments to the future expansion of the mining service.
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If we talk about the coins themselves, which intends to produce MinedBlock farm, there will be several. These coins will be in the top 50 most popular and promising coins of the entire cryptocurrency industry. Mining two different coins at once within the same farm will allow the founders of MinedBlock to diversify their risks and increase potential profit for their investors.
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Token
As I wrote earlier, the developers of MinedBlock farm decided to abandon all the usual ICO in favor of a new security process called – STO. This procedure is more reliable and safe for both investors and founders of the new token, as the Scrabble platform is designed to support and protect all business rights of both parties.
As for the security token itself, it will be presented on the basis of the Ethereum blockchain to a specially developed Scrabble platform with a standard ST-20 token. The token itself will have a short name – MBTX.
Conclusion
As a result, I want to highlight mining farm MinedBlock among others. First, I really liked the fact that it is based on renewable energy sources. Secondly, they competently worked out all the current problems of all mining farms and took into account the interests of their future investors, which is confirmed by the STO, not the ICO. And thirdly, the simultaneous production of two of the top crypto-coins will keep the financial bar high for all its investors, minimizing any risks and force majeure.
Of course, in order to put in my head a full picture of the MinedBlock project, you will not be enough of my modest review. Therefore, at the end of each article, I recommend that you do not finish your acquaintance with each specific project, and to study more thoroughly its technical documentation and all related official social resources of the project. To do this, as always, I have prepared all the necessary list of resources, links of which you will find under this text. Thank you for your attention and see you soon!
Official resources :
WEBSITE: https://www.minedblock.io
TELEGRAM: https://t.me/minedblockofficial
WHITEPAPER: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5108768.0
FACEBOOK: https://www.facebook.com/minedblock
TWITTER: https://www.twitter.com/mined_block
MEDIUM: https://medium.com/@MinedBlock
REDDIT: https://www.reddit.com/r/minedblock
LINKEDIN: https://www.linkedin.com/company/minedblock
my bounty 0x username : habieredkill
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