About Mib Coin
Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government. . A block-chain is an immutable public book that records digital transactions.
ABOUT MIB COIN
MIB Coin is a new SmartX blockchain platform that gives you the ability to get involved with mining through smartphones. Also, to make it easy for people to connect with businesses in a much easier way. MIB has focused on the fundamental solution of maintaining an agile and sustained blockchain network with continuity in the long term, to expand the features of a robust platform, and to distribute and maintain. With 'Smart Mining', it reduces the power consumption by about 15,000% compared to the existing method. Therefore, it reduces the cost of maintaining the blockchain and the social cost.
Through this, it aims at decentralizing the mining by enabling areas where power generation is not enough such as Central Asia, Africa, South America, and Southeast Asia to participate in mining. MIB Coin will grow into a real money exchange, payment, saving, value evaluation.
SmartX BLOCKCHAIN PLATFORM
SmartX will support creating and executing smart contracts, which in turn are the changing of the way. This allows for a multitude of applications such as insurance contracts, distribution of profits and endless possibilities.
More significant opportunities for participation in mining are given to more countries and people by using smartphones which are already available all over the world in billions.
The problem of polarization is characterized by the distribution of mineral deposits. Mining today is becoming a monopoly by large miners with infrastructure and funding and countries with a seamless power supply. Cutting back high cost of ASIC and GPU mining methods into a more economical mobile-based method, the power consumption rate. MIB, mobile cryptocurrency, can be proposed to many cryptocurrencies that have lost their original functions due to mining and blockchain-based technical difficulties, enabling them to improve smoothly and continuously.
MIB coins use a mobile-based platform, which requires only the minimum amount of power consumed in everyday life. This is because MIB coins only need the power by mobile CPUs compared to the vast amount used by BITCOIN.
The SmartX blockchain platform is expected to become a globalized model of caregiving, economy and popularity. This will not change the cryptocurrency ecosystem.
MIB SmartX Blockchain Platform Structure:
It is not a dedicated mining machine (ASIC or GPU). It is mining on the smartphone.
Mining that was exclusive to only certain countries and companies are now available to all. Everyone can participate.
An eco-friendly, low-power energy-based mining method.
Keep it at a minimum cost.
In addition, a variety of tokens will be created on the SmartX Blockchain Platform MIB platform.
HOW MIB COIN IS MINED
The MIB Coin (www.mibcoin.io) is designed to be mined specifically on mobile devices and can not be mined by powerful mining machines. Mining MIB Coin requires 99.24% less processing power compared to traditional miners, requires very little electricity and the total cost of the process. This is simply fantastic because it goes beyond cost-saving and sustainable. Mining will be accessible to everyone from anywhere. Just download the app from the app store, register and start mining. It's fast, no need to know, programming or handle complicated settings that even a 5-year-old could do. The process is safe and involved.
Anyone can mine with a smartphone. Benchmark your smartphone and allocate a hash rate. MIB is designed so that your smartphone is able to withstand the computational complex