MINEDBLOCK :- MINING AS A SERVICE

PRESENTATION

Bitcoin mining is the backbone of the Bitcoin network, Miners provide security and confirm Bitcoin transactions. Without Bitcoin miners, the network would be attacked and dysfunctional.

The role of miners is to secure the network and to process every Bitcoin transaction.
Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).

For this service, miners are rewarded with newly-created Bitcoins and transaction fees.
Bitcoin mining is done by specialized computers.

Bitcoin mining is done by specialized computers.

Miners secure the Bitcoin network by making it difficult to attack, alter or stop. The more miners that mine, the more the secure the network. The only way to reverse Bitcoin transactions is to have more than 51% of the network hash power. Distributed hash power spread among many different miners keeps Bitcoin secure and safe.

REVIEW OF MINEDBLOCK

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. The unique approach to this activity gives you a fully secured and compliant token granting you a share of ownership of the holding company behind the service and not just a ‘random utility token’

Above is a short video explaining the Minedblock project.

N.B: MinedBlock will make a devoted mining office which centers on mining numerous coins from inside the main 50 by market top to guarantee an assorted scope of income streams for clients to advantage from.

OBJECTIVE OF THE PROJECT

The Minedblock Objective 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 the investors to reap a significant return on investment while MinedBlock employ an aggressive growth strategy to position ourselves as the ‘Amazon’ of the crypto mining industry.

One of MinedBlock's key standards is giving straightforwardness to its clients. Minedblock will be totally open with its arrangements, continuous advancement also, income generation.

Through the proposed vast scale activity, Minedblock will help improve the decentralization of coins where there are as of now vast pools overwhelming the hash rates of prevalent coins. MinedBlock will likewise be progressing in the direction of a dimension of decentralization inside its own organize through worldwide dispersion of its mining information
MinedBlock Limited will accept accountability for looking after, supplanting also, growing the physical resources and will stay in charge of any expenses brought about past that of the income produced in the improbable occasion that the administration moves toward becoming un-gainful. At no time will token holders be required to cover any misfortunes if this ever happened.

THE BENEFIT OF THE PROJECT

MinedBlock are running a Security Token Offering using the Polymath ST20 to raise funding to enable us to offer the opportunity for investors to take advantage of using the resources from a large-scale mining operation without the need to buy, configure and maintain expensive mining equipment. We will offer a fully managed mining service where you can rely on our team to look after the equipment and ensure they are working at maximum productivity 24/7 with the lowest operating costs.MinedBlock will create a dedicated mining facility which focuses on mining multiple coins from within the top 50 by market cap to ensure a diverse range of revenue streams for customers to benefit from. Through the proposed large scale operation, we will help improve the decentralisation of coins where there are already large pools dominating the hash rates of popular coins. MinedBlock will also be working towards a level of decentralization within our own network through global distribution of our mining data centres.

SECURITY TOKEN OFFERING

The MinedBlock token sale will be run as a Security Token Offering to enable our compliant revenue sharing business model. Being a registered Security simplifies the process and
protects both the business and the customers from any potential future regulation.