It is a known fact that the demand for cryptocurrency at the current moment is very high but unfortunately the mining sector has continued to experience down trend in it's functional service. The various challenges clouding the mining industry are itemised below:
High cost of mining equipments: This is a major issue in the mining industry because in order to make mining profitable, more number of mining equipments are needed which is very expensive.
High cost of electricity: This plays an important role as mining profit is indirectly related to the cost of electricity. In such way, it implies that low the electricity cost, more profits made from mining and vice versa.
Transparency: In order to get best deals, transparency is very key. Every mining operations as well as transactions with the various investors need to be done with full transparency. Otherwise it affects the entire business processes, thereby leading to a huge loss.
Mining Farm Legality: Since mining farms are not supported legally in most countries, it becomes very difficult to manage and transact every business and investment settlements between investors, users and mining farm itself.
To address these challenges, MinedBlock was birthed to revolutionize the mining industry with her unique features.
ADVANTAGES OF MINEDBLOCK
MinedBlock farm s located in Iceland, which is geographically known to be cold at most times. The low climatic temperature of Iceland will help mining equipment to be calm temperature at all times, which brings efficiency of the machine as well as longer lifespan.
The cost on energy in the form of electricity is relatively low, which will surely enhance more profit for miners. This is done by utilizing green electricity generated by green resources.
In order to ensure transparency, MinedBlock team embraces tokenization. Tokenization will ensure that all mining operations as well as business transactions will go smoothly.
Building MinedBlock token as a security token via STO will surely give it a good use are as well great stability compared to an ICO.
Giving back to the community members for their great support will also boost the project. Thus the team will share 75% of the total profit made to all investors, users and influencers that holds MinedBlock token as a form of reward and appreciation while the balanced 25% will further be used to develop the patform.
To future expansion and development of MinedBlock platform, only holders of MinedBlock token can cast votes on the platform to bring about a beneficial growth.
MINEDBLOCK TOKEN
In order to give state-of-earth platform with ease of transaction, MinedBlock introduces her token, which will aid all modes of transactions within the platform.
TOKEN DETAILS
Token: MBTX
Type: Security: STO
Pre ICO Price 1 MBTX = 0.1 USD
Price 1 MBTX = 0.15 USD
Platform: Ethereum/Polymath
Accepting BTC, ETH, LTC, NEO, BNB and FIAT
Minimum investment: 300 USD
Soft-cap: 1,000,000 USD
MINEDBLOCK TEAM
The team comprises of experts from various face of life with very keen knowledge of the Blockchain technology and mining pools.
To know more about MINEDBLOCK, kindly check the links below
