MINEDBLOCK - STO Fully managed crypto mining service. Enabling people to get involved without the financial & technical challenges
**_The revolution of cryptocurrency is amazingly spreading like wide fire and has been gaining a remarkable level of acceptance.
**
INTRODUCTION:
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
While this revolution is gaining wide acceptance, 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.
Mining, in the context of blockchain technology, is the process of adding transactions to the large distributed public ledger of existing transactions, known as the blockchain. The term is best known for its association with bitcoin, though other technologies using the blockcahin employ mining. Bitcoin mining rewards people who run mining operations with more bitcoins.
Blockchain mining involves adding transactions to the existing blockchain ledger of transactions distributed among all users of a blockchain. While mining is mostly associated with bitcoin, other technologies using a blockchain employ mining as well. Mining involves creating a hash of a block of transactions that cannot be easily forged, protecting the integrity of the entire blockchain without the need for a central system.
With that being said, the MinedBlock 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.
INTRODUCING MINEDBLOCK?
As depicted above and as indicated on the official website 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’.
In addition, 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.
The Idea Behind MINEDBLOCK
The 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 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.
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.
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.
All cost and income data will be distributed every month for survey by any token holders to guarantee full straightforwardness of the aggregate overseen mining administration.
Any wallet tends to claimed by the organization will be distributed inside the speculator dashboard to fully perceive. Mining exercises will be persistently observed and exchanged between coins when the trouble and achievement rate vary. A definitive objective will be to look after most extreme proficiency consistently.
Mining hardware will be routinely exchanged and supplanted. There will be a part between providers of ASIC diggers to forestall any sort of centralization and to build assorted variety accessible for clients to use.
MinedBlock will assess in the case of mining as a major aspect of an existing mining pool or being dependent all alone hash rate yield is the best to create crypto resources.
Minedblock coins will be held completely cold storage until the time has come to disperse income and rewards to investors. This will help in securing the platform and assets of its customers. With minedblock, there is no compelling reason to choose which coin or token you might want to mine simply because there is a wide range of crypto to guarantee you get a decent spread and boost benefits.
Minedblock is also designed to give zero configurations to its users simply because the whole setup and arrangements would be made by Minedblock platform. This will save users from the setup stress and likewise resources. There is 100% transparency in minedblock platform. All activities in minedblock will be imparted to the locale and made public. There is also constant support and help group within the platform, the help group will ensure things are been run smoothly without any difficulties.
Minedblock will rewards its miner with not just the token but as well as ETH which I believe most users and investors will find very profitable to them
Minedblock will adopt the use of dual token model which comprises of both utility and security token. Security token will enable the users to earn passive income while the utility token will enable users to pay for different services within the platform.
Why an STO?
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.
TOKEN DISTRIBUTION
95% Allocated to token sale
5% Allocated to founding team
FUND DISTRIBUTION
80% Allocated to Mining equipment
10% Allocated to building of data centre
10% Allocated to Reserve
MONTHLY REVENUE DISTRIBUTION
75% Distributed to token holders
10% Allocated to expansion
10% Allocated to operational costs
5% Allocated to Token buy back
MEET THE TEAM BEHIND THIS AMAZING PROJECT
ROADMAP
For more information, please visit the links below:
Website: https://www.minedblock.io
Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
Telegram: https://t.me/minedblockofficial
Reddit: https://www.reddit.com/r/MinedBlock
Twitter: https://twitter.com/mined_block
Facebook: https://www.facebook.com/MinedBlock/
Bounty0x Username: TosinDavid