INTRODUCTION
Back in the 18th to 19th century, people invest much in oil and banking sectors because they are the gold of that era, but since 2009 that cryptocurrency surface, the story has changed. Majority investors has shifted their attention into the crypto space and many of them are making a lot of profits from the crypto market.
There are many ways we can earn cryptocurrency of which one of its type is ‘mining’. To mint cryptocurrency, there are hardware requirement to perform the mining and also energy needed to power the processes. To acquire this hardware and the energy, it is another type of investment. So the aims of every miners is to make profits; but it is very unfortunate that majority investors had felt disappointed with the outcome of what they have seen so far from their investment. It is clearly shows that majority of the mining platform has disappointed people that try to mint cryptocurrency through their platform.
However, a platform called MindedBlock has come up to bring the lasting solution to the challenges facing mining industry. The team behind this project has took their time to study the challenges and are here with the solutions which led to the creation of this promising platform called MindedBlock.
MINDEDBLOCK
MindedBlock is a digital mining platform aiming to build an ecosystem that permits people to mint cryptocurrency with a low cost input and optimize profits using an alternative source of energy to power the processes. MindedBlock is a platform that is open for everyone to exploit a profitable cryptocurrency into their wallet through mining. MindedBlock is a mining platform that permits mining of different cryptocurrencies, unlike others mining platform that only specialize on mining of a single cryptocurrency. The MinedBlock platform is quite different from other mining platform in the sense that investors don't need to buy mining hardware nor pay for energy as every things will be handle within the platform. MindedBlock is a very transparent mining platform that makes the miners choose the particular token he/she wish to mint using smart contacts to keeps all records.
WHY MINDEDBLOCK?
The main challenges miners are facing in this sector is “shortage of investment”. It happened that the input investment (hardware and energy cost plus maintenance) is greater than the market value of the cryptocurrency they mint. Is just like you invest 2000$ to buy hardwares and the energy cost and you mint a cryptocurrency that could only worth 1000$ in the exchange. In nutshell, the energy cost and the maintenance fees to mint cryptocurrency is not something we could write home about. With the level of volatility in crypto market, in it very sad for someone to be mining just a single cryptocurrency. To round it up why MindedBlock is needed, majority mining platform are not transparent, they do manipulate things which are not favoring the miners.
HERE COMES THE LIGHT
MindedBlock has been tipped as the light in this mining sector with a features that makes mining become easier for the miners and at the same time reduces the cost for mining. Mindedblock is exceptional and incomparable in this sector; the mining is done within the platform and they are also in charge of fueling the energy required for the mining. The platform will make use of alternative source of energy which is less costly than the later. The good thing about MindedBlock is that, users can mint different cryptocurrencies. The platform will help the miners to analysis the cryptocurrency that will yield highest profits for them to mint in collaboration with the agreement of both parties.
IN SUMMARY,
The MindedBlock mining platform will take the responsibility and sustainability of the energy required for mining through this platform. The platform is also aiming to share 95% of the profits made with the token holders which is the biggest so far I have seen in this ecosystem. And finally, the dream of every miner is to make profits and it will be achievable in MindedBlock platform.
ICO- Information:
Symbol: MBTX
Token type: ETH (ERC20)
ICO Price: 0.15 USD
Min purchase: 300 USD
Total supply: 400,000,000 MBTX
Available for sale: 365,000,000 MBTX
Soft cap: 3,500,000 USD
Hard cap: 32,000,000 USD
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
Roadmap
Remember this is a promotional post, I want you to dig further about this project by following up through any of 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/
Writer’s details:
Bounty0x Username: Netflave