Project Overview

MinedBlock MBTX

MinedBlock provides a managed crypto mining service which provides our token holders with a share of mining revenue on a monthly basis


Ticker

MBTX

Country

United Kingdom

Industries

Website

Contact Email

marketing@minedblock.it


White paper

Platform

Total Supply

400000000 MBTX


Social Media

Twitter

Facebook

LinkedIn

Medium

Bitcointalk

Telegram

Google Plus

Slack

YouTube Channel

Discord

Github

Steemit

Instagram

Project Description


Description

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:

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.
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.

 

Benefits

MBTX Token holders will automatically receive a share of mining revenue to their ETH wallets on a monthly basis relative to their holdings.

ICO Overview

Ticker

MBTX

Accepted Payment Methods

BTC, ETH, LTC, OTHER

MVP?

No

KYC/Whitelist

Whitelist Only

Soft Cap

3500000

Hard Cap

30000000

Restricted Countries

US - Accredited Investors Only

Bounty Program


Airdrop Overview

Current Status: Ongoing

Description

MinedBlock Airdrop

Amount Available

5000000 MBTX

Start Date

August 1, 2018

End Date

April 30, 2019


Private-Sale Overview

Current Status: Unknown

Private Sale Price

Private Sale Goal

Private Sale Min Contribution

Private Sale Available for Sale

Private Sale Start Date

Private Sale End Date


Pre-Sale Overview

Current Status: Complete

Price

0.025

Goal

1250000 USD

Minimum Contribution

Available for Pre-Sale

60,000,000 MBTX

Pre-Sale Start Date

October 1, 2018

Pre-Sale End Date

October 31, 2018


Public Sale Overview

Current Status: Ongoing

Public Sale Price

0.15 USD

Available For Sale

305000000 MBTX

Public Sale Minimum Contrabution

300 USD

Public Sale Start Date

November 1, 2018

Public Sale End Date

April 30, 2019

group

Team Members

Greg Wales

Director

Matt Ruff

Marketing Director

Paul Bishop

Operations Director

school

Project Advisors

announcement

Press Releases

announcement

Featured ICOs