MinedBlock

MinedBlock

Created using Figma
Created using Figma

Last Update

Nov 12, 2018

Mining as a Service MinedBlock offers the opportunity for investors to take advantage of using the resources from a large scale mining operation, mining multiple coins without the need to buy, configure and maintain expensive mining equipment. We offer a fully managed mining service where you can rely on our team to look after the equipment and ensure they are working at maximum productivity 24/7 with the lowest operating costs.
Pre-Sale
Feb 15, 2019
Mar 30, 2019
20% completed
Raised funds - no Data
34
Goal 1 000 000.00 USD
Cap 5 000 000.00 USD
ongoing
  • 1 MBTX
    =
    0.1 USD
Token Details
Total supply
400,000,000
Token Distribution
365,000,000 - Public Sale
5,000,000 - Free Airdrop
13,500,000 - Retained For Future Incentives
1,500,000 - Referral Bounty Rewards
15,000,000 - Founders (locked until 1st July 2019)
Accepted Currencies
POLY
Min Contribution
300
USD
Company Details
Registered Company Name
MinedBlock Limited
Registered Country
United Kingdom
Additional Details
Platform
Ethereum
Whitelist
Yes , from Feb 1, 2019 till May 30, 2019
KYC
Yes
Categories
Platform

About MinedBlock

Problem Statement

Mining is a fundamental part of the blockchain for any coins or tokens that aren't pre-mined. Miners form the basis of the decentralisation model of the Cryptocurrency arena but we are getting to a point where large amounts of hash power, the key ingredient to solving blocks and securing the chain, are becoming centralised.

This has two impacts:
1. It means that there is a risk of a single pool or company being able to gain control of an entire blockchain. If a person or company managed to gain greater than 50% of the computing power or mining hashrate they would be able to prevent new transactions from gaining confirmations and be able to reverse transactions that were completed while they had control so they could double spend coins. They wouldn?t be able to create new coins or blocks but it would have a huge reputational impact on the particular blockchain.
2. It means that for the average person mining isn?t a worthwhile venture due to the cost of equipment, electricity and time for maintenance. The ROI isn?t as beneficial as it used to be.

There are other solutions out there such as cloud mining services but they aren?t transparent or cost effective and we want to change that.

Solution

MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation without the need to buy, configure and maintain expensive mining equipment. We will offer a fully managed mining service where you can rely on our team to look after the equipment and ensure they are working at maximum productivity 24/7 with the lowest operating costs.
 
We will create a dedicated mining facility which focuses on mining multiple coins from within the top 50 by market cap to ensure a diverse range of revenue streams for customers to benefit from. 
 
Through the proposed large scale operation we will help improve the decentralisation of coins where there are already large pools dominating the hashrates of popular coins. MinedBlock will also be working towards decentralisation within our own network through global distribution of our mining data centres.

MinedBlock Roadmap

  • Q1 2018

  • Project Concept Defined
  • Q2 2018

  • Company Registration
    Team Formed
    Original Whitepaper Written
  • Q3 2018

  • Whitepaper and Social Channels Launched
    Whitepaper Released
    ICO Presale Began
  • Q4 2018

  • ICO Halted - Changed to STO
    Whitepaper Version 3 Released
    Airdrop & Bounties Closed
    SEC Exemption Filed
  • Read More
  • Q1 2019

  • Security Token Offering Starts
  • Q2 2019

  • Security Token Offering Ends
    Data Centre Build Begins
    Hardware Ordered
  • Q3 2019

  • Mining Starts
    First Dividends Paid
  • Q4 2019

  • Mining Expansion Begins
    Phase 2 - TBA

Activity

Posts:
217
MEDIUM
Followers:
12 162
VERY HIGH
Likes:
11 885
VERY HIGH
Rating:
5
VERY HIGH
Followers:
7 560
HIGH
Tweets:
130
MEDIUM
30 Days Growth:
-134
Members:
12 699
VERY HIGH
30 Days Growth:
-230

Team

Verified 75%

Attention. There is a risk that unverified members are not actually members of the team

Greg Wales
Founder and CEO
verified
Paul Bishop
Founder and COO
verified
Matt Ruff
Sales Manager
verified
Ruhin Kahn
Marketing Consultant
unverified

MinedBlock Interviews

Greg Wales
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
MinedBlock will be able to offer a great mining service to its token holders. The team are committed to making this project work and creating a genuine opportunity for those who invest in our tokens to earn additional crypto through holding our tokens. I appreciate there are a lot of scam mining projects but assure you that we are not one of them
Paul Bishop
As a team member, сan you tell us about your role in the ICO project?
Operation director, architecturing our mining equipment and managing facilities, with a successful family business off the ground I’m now looking for a bigger and bolder venture
What do you think about idea?
I’m so enthusiastic about this project and am buzzing to get this project of the ground! We have a great team backing this from different backgrounds but with key focuses on trademark assets
Matt Ruff
As a team member, сan you tell us about your role in the ICO project?
Sales and Marketing Director, building a project that supports the world we live in, giving opportunity to all looking for investment in Crypto
What do you think about idea?
An exciting project for open minded people, looking to invest in to the ever growing crypto world, part a journey that has no limit

Last News

N/A
5.0 4
ICO Profile Vision Activity Potential Product Team
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