MIB Coin is a new SmartX blockchain platform that gives everybody 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 features like a robust platform, and to distribute and maintain nodes with a low cost. With ‘Smart Mining’, it reduces the power consumption by about 15,000% compared to the existing method by significantly lowering the high power consumption, which is a critical issue in mining. Therefore, it reduces the cost of maintaining the blockchain and the social cost.
MIB Coin will grow into a real cryptocurrency used by people around the world as the means of exchange, payment, saving, value evaluation function and communication of hard currency.
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 cryptocurrency that reduces blockchain’s maintenance cost remarkably by applying a lightweight mobile-based hash algorithm aiming for convenience, economy and popularity. This will not be a simple platform change but a change of 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 solves excessive power consumption issues.
Keep it at a minimal cost instead of existing high cost blockchain networks.
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 is reduced in a way never seen before. This is simply fantastic because it goes beyond cost reduction by being totally eco-friendly and sustainable. Mining will be accessible to everyone from anywhere with an internet connection from smartphones. 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 completely safe and involves no risk of damage to devices.
By what method Might It Work
By what method may you mine cryptocurrency on smartphones without dedicated extreme mechanical assembly?
Instantly, let’s depict what a HASH rate construes: In basic terms, a hash rate can be depicted as the speed at which a given mining machine works. A higher hash rate is better when mining, it develops your probability of finding the going with square and getting the reward and in the interim requires an immense measure of criticalness like we examine prior and to an incredible degree extreme. Moving Further,
Anybody can mine with a smartphone. Benchmark your smartphone and assign a hash rate. MIB is framed so your smartphone can withstand the computational multifaceted nature required for mining and shield your smartphone from overheating and harming the hardware. It`s conceivable with one smartphone. Reduced control by 99.24% emerged from existing mining machines.
You should simply download the APP, MIB Coin Mining App for Android variety is starting at now running on TestNet and you can download it on Google PlayStore. https://play.google.com/store/applications/details?id=io.mibcoin.miner
TOKEN AND ICO DETAILS
Token name: MIB
Platform: SmartX Blockchain
Token price: 1 ETH = 1200 MIB
Total supply: 600,000,000 MIB
Public ICO: Jul 20, 2018 ~ Aug 10, 2018
This project will be successful and we will all benefit from it.
Follow these links for more information;
Website: http://www.mibcoin.io/
Twitter: https://twitter.com/mibcoin
White paper: https://drive.google.com/file/d/1V0J0kHNkpMDcPCZEGVtZhbAA_UAsfijl/view
Facebook: https://www.facebook.com/mibcoinio/
Telegram: https://t.me/joinchat/DNeZgA-RivbU3EOQfl-wIQ
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