Since the blockchain technology and cryptocurrencies were introduced about ten years ago, a lot of projects have been linked to this technology with different cryptocurencies to power the ecosystem. This sudden attraction is due to the unique features of the blockchain technology which include transparency, safety, security, and immutability as well as other unique features. More people are gradually adopting this technology and the use of digital currencies.
Be that as it may, mining these cryptocurrencies like BTC and others is becoming too expensive for crypto enthusiasts globally. As important as crypto mining is, there are some factors affecting its efficient and effective mining, these include:
- High cost of mining equipment: Expensive Mining equipment is one big factor affecting effective mining of crypto , such that not many people could afford it.
- High power consumption: Most crypto mining requires whole lots of energy to be effective.
- Delayed transactions: due to choked blockchain, crypto transactions are becoming very slow.
- Environmental pollution: crypto mining has affected the environment as a result of a high energy consumption required by the existing blockchains.
- Lack of adequate security tools to protect investor’s assets.
THE CREATION OF MINEDBLOCK
Due to the above mentioned challenges and others, MINDBLOCK team of seasoned professionals and experienced men in related fields have decided to create an innovative mining platform where investors can benefit from using the resources from a large scale mining operation and be able to mine different kinds of cryptocurrencies even without owning a mining equipment that could be very expensive. The platform is designed to be in charge of equipment that can help in minting new cryptocurrencies as well as effectively processing crypto transactions. More information can be obtained on mindblock website: https://www.minedblock.io/ and whitepaper https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
THE UNIQUE FEATURES OF MINEDBLOCK
Minedblock is designed with several features that are meant to make it outstanding. Some of these features are:
- Zero configurations: Minedblock is designed such that users do not need to bother about acquiring or configuring their own mining equipment, rather minedblock does that and offer them opportunity to easily mine different kinds of tokens.
- Security measures: Minedblock takes security very important as such they use a fully secure data center to host their service. The platform is also designed such that all crypto coins mined will be stored in a cold wallet which is fully encrypted.
- Multiple currencies: Minedblock is designed in such a way that investors will be able to mine different kinds of currencies, unlike other platforms where users have to mine either one types of crypto.
- A unique support service: Minedblock takes their investors seriously, and as such they will provide a 24 hrs effective support service that will handle any challenge or complain that might arise from any user of the platform.
- 100% transparency: Minedblock platform is built to be transparent to all users/ investors. The team will always carry investors along in their developmental plans. These and more are the features that will allow investors on the Minedblock platform to get a good profit on their investments. More information can be obtained on minedblock website : https://www.minedblock.io/ and whitepaper https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
THE TOKEN
Minedblock is creating two different tokens that will run the ecosystem. These two are security token ( MBTX) and a utility token( MBTU). The security token will allow investors to earn some passive income while the utility token will allow investors to enjoy a pay as you go mining operations. More information can be obtained on minedblock website : https://www.minedblock.io/ and whitepaper https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
TOKEN USAGE
MBTX is the minedblock ecosystem security token and will give investors a passive income of up to 75% of profits made every month. Users can also trade them for other tokens on security token Exchanges.
Also, MBTU which is a Utility token will be used in making payments for minedblock mining hardware , hardware Management fees will also be paid from time to time using the MBTU token . More information can be obtained on mindblock website: https://www.minedblock.io/ and whitepaper https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
CONCLUSION
Minedblock is not just another crypto mining platform designed on the blockchain , but it’s an innovative mining platform designed to offer investors a great mining experience. The idea of mining multiple cryptocurrencies from the mining equipment is a great idea that will attract a lot of investors to the platform .since they won’t need to bother about which crypto to mine or not as a result of the ability to mine different kinds of cryptocurrencies all in one platform.
However, Token sale is ongoing right now and .investors are invites to take advantage of this and be a part of this, innovative mining platform. More information can be obtained on minedblock website : https://www.minedblock.io/ and whitepaper https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
For more information please also use these links below and join the social:
Website: https://www.minedblock.io/
White paper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
Telegram: https://t.me/minedblockofficial
Twitter: https://twitter.com/mined_block
Facebook: https://www.facebook.com/MinedBlock/
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