Bitcoin Forum

https://i.imgur.com/46af2EB.jpg

https://i.imgur.com/tp2Mh2R.jpg

https://i.imgur.com/ZujR7M8.jpg

https://i.imgur.com/U1OhyUG.jpg

https://i.imgur.com/D5F1CHv.jpg

https://i.imgur.com/Azw7Zbj.jpg

https://i.imgur.com/qN6Hon9.jpg

https://i.imgur.com/hTcIOYx.jpg

https://i.imgur.com/XGohu6U.jpg

https://i.imgur.com/UHsgtJu.jpg

Website
https://www.minedblock.it (https://www.minedblock.it)


Whitepaper
https://www.minedblock.it/assets/MinedBlockWhitepaper.pdf (https://www.minedblock.it/assets/MinedBlockWhitepaper.pdf)


Follow our Social Channels for more updates:

Twitter
https://www.twitter.com/Mined_Block

Reddit
https://www.reddit.com/r/MinedBlock

Telegram - Chat
https://t.me/MinedBlockOfficial

Telegram - Announcements
https://t.me/MinedBlock

Facebook
https://www.facebook.com/minedblock

hi sir do you have already established mining farm and where is the location ?

Not yet, the pre-sale is to fund the building of the mining farms but we have already identified data center space in two locations in Iceland with very very competitive electricity and hosting costs.

We are currently experimenting with GPU rigs to find the best possible setup to maximise profit and reduce operating costs in preparation for mass deployment.

reserved indonesia translation

I should support this project because I see a good potential on it. Goodluck to the developers of this project. A successful project with an excellent idea, a world that is necessary and great potential

big community, business model is similar to most of the projects here. needs to step-up fast to beat them.

There are one or two similar projects in ICO stage at the moment but there are flaws to their plans which they don’t appear to have adapted to which is disappointing.

The difference you will find with our team is that our customers will get 100% transparency on everything we do up to and including webcams in the mining farms to see that they actually exist.

I can’t speak for speculative token value but our mining model will deliver profits for our token holders

Thank you

Don’t forget to join our Airdrop and Referral Scheme to get free tokens 👍🏼

I hope that this coin will be more promising than other mining projects! would be great to see the project listed at www.icoguide.com I am reading their reviews and they are meaningful for me.

Is MinedBlock really worth it? I just saw an introduction and say! There is no whitpaper or team info or anything that ICO projects need! the platform and the token distribution table, the initial capital? We are completely blind in this project!

Whitepaper has been released early and team information has been added to the main post.

The whitepaper and website will provide more detail about the token sale, distribution and soft cap targets.

Let us know if you have any questions

Thanks :)

The best project with the best goal.
Great project with great team.
Members are more helpful with better thinking.
Good luck!

I really like this project, seems a good team over there and, until now, they are pretty good at what they're doing.
Also listing on CB is a big step ahead that I think proofs commitment to the project for it's future development.
So, I'll keep an eye on this, good job guys!

We will offer 50,000 of our MBTX tokens to anyone willing to translate the Whitepaper for us.

PM me if you're interested

Over 1000 sign ups for our airdrop already!

Find the form and instructions here to join in

https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform (https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform)

Token Sale details will be announced on 1st October 2018, the first stage will have a 900% bonus for the first 20,000,000 MBTX tokens!

Don't forget to join our Airdrop if you haven't already

https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform?usp=sf_link (https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform?usp=sf_link)

Thank you kind sir :)

Are you going to physically supervise your operations in Iceland, in case your project will push thru?
Also, you said that if you will not reach your soft cap of $3.5M, all funds will be refunded. Does it mean that your mining services will also stop?
What will happen to your company? You are a UK registered company based from your website.

Hi Timeteller,

Initially, we will be hosting the ASIC miners for Bitcoin and Bitcoin Cash in a managed datacenter as it is more cost effective but Iceland is a short trip from the UK so one of the team will be there on a weekly basis to monitor and manage the devices. Everything will be monitored 24/7 to ensure smooth running and so we have the ability to quickly respond to any issues.

As time goes on we would prefer to commission our own facility and employ a team that is on the ground and dedicated to managing our miners but part of our operating model is to remain as lean as possible to keep running costs to a minimum to maximise profits for our token holders so until we need a team to manage this we won't implement one.

The soft cap target of $3.5m is to ensure the facility that we build will be profitable for our token holders, even when we are in a bear market. We could build a facility on $500k but the ROI would look a lot different and we want to deliver a proper, reliable and profitable service. There are cloud mining services which are terminating contracts and services because they can't provide a return on customers investments so we want to ensure that doesn't happen to us.

If the token sale doesn't meet the soft cap, we have alternative funding mechanisms but it would be more of a private company which isn't what we want to do. There is a very real opportunity here to enable holders of our tokens to build their portfolios and increase their crypto holdings which is why we are doing this and if the value of our own token grows in the process then that will be great

We are a UK registered company but will spread our operations between the UK, Iceland, Sweden and Canada where there are cheap, renewable energy sources. The UK electricity cost is quite high in comparison but will be used as a based for mining farm development before moving farms out to more profitable locations.

I hope that answers your questions

Thanks, Greg

**UPDATES**
 
We still need translators for the Whitepaper and ANN threads – please PM me if you’re interested with a previous example of your work
 
 
 
Version 2.0 of our Whitepaper has just been released:
https://www.minedblock.it/assets/MinedBlockWhitepaper.pdf (https://www.minedblock.it/assets/MinedBlockWhitepaper.pdf)
 
 
Airdrop campaign is still running, join here for 200 MBTX worth $30 (ICO price):
https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform?usp=sf_link (https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform?usp=sf_link)
 
 
Join us on Telegram:
 
News Feed - https://t.me/MinedBlock (https://t.me/MinedBlock)
Chat Room - https://t.me/MinedBlockChat (https://t.me/MinedBlockChat)

We are offering a number of opportunities to earn MBTX tokens via our bounty campaign

See here:

https://bitcointalk.org/index.php?topic=5033610.0 (https://bitcointalk.org/index.php?topic=5033610.0)

I've completed Vietnamese translation for ANN.

ANN: https://bitcoingarden.org/forum/index.php?topic=47259.0

WPP: please wait.

Our whitepaper now available in Russian

https://www.minedblock.it/assets/MinedBlockWhitepaper-RU.pdf (https://www.minedblock.it/assets/MinedBlockWhitepaper-RU.pdf)

I've completed Vietnamese translation. Please update my stake.

ANN: https://bitcoingarden.org/forum/index.php?topic=47259.0
WPP: https://drive.google.com/open?id=1naCpk16zBQKNfUqXAFAT90UOOK_pMJyh

You can find our project now listed on Coinlauncher

https://www.coinlauncher.io/minedblock-ico (https://www.coinlauncher.io/minedblock-ico)

I was interested in a new variation of mining.
As I looked at the website I found out that preparation of facilities and hardware is going to come, so I felt that the actual operation is unknown.
As future information I would like to expect steady achievements and operation tests.
Because the mining business has too many suspicious things.
 I believe that trust and achievements are necessary for the development of the plan.
 I expect it in the future.
good luck.

Our pre-sale is live until 31st October

15% of the total supply is available at up to 90% discount and we have an exclusive announcement for pre-sale buyers coming soon!

Don't miss this chance

https://www.minedblock.it/tokensale.html (https://www.minedblock.it/tokensale.html)

If you have any questions come to our Telegram Chat at https://t.me/MinedBlockOfficial (https://t.me/MinedBlockOfficial)

Exclusive Offer - Founder Status
Buying anything in a pre-sale is risky, especially when it comes to Crypto.
For anyone who buys our MBTX token during the pre-sale we have the following offer:

•   60% of pre-sale funds raised will be used to build a dedicated Founders mining Farm

•   Pre-sale buyers will be issued with a MinedBlock Founder Token so we can identify them when we run the monthly distribution

•   Founding members will receive their share from the dedicated Founders Farm in addition to mining revenue from the main mining facilities when they go live

Don’t miss out on this limited opportunity, get your tokens at up to 90% off while they are still available

https://www.minedblock.it/tokensale.html

Have a read about why we’re different to cloud mining services

https://medium.com/@MinedBlock/minedblock-introduction-41c5aea3dfeb   (https://medium.com/@MinedBlock/minedblock-introduction-41c5aea3dfeb)

Newly updated announcement introduction  :)

Which coins will you mine?

Hi Dave,
Initially, we will be mining Bitcoin, Bitcoin cash, Ethereum, Litecoin and Dash. The latter two will be on a much smaller scale because the price makes them unprofitable for now but we want to be ready for when they spring back.

We will look at expanding the range of mined coins when we are up and running.

Hey there guys. Found your project serfing the web, just joined, can you clarify the main idea/concept please?

Greetings Velona! In few words, 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 :) But there is much more they are bringing  ;)

Oooh ok, this sounds promising. And what will be mined throughout their "platform"?

Sorry for a little delay, had a meeting at office  ;) They 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  ;)

This sounds quite promising! And can you help me with a token structure, please? Of course, in case you are aware of it

Yeah, sure! What exactly are you mostly interested in?

Wondering about the total supply and softcap :) Thanks in advance

There are 400,000,000 tokens available in total, from which 91% will be sold during the ICO :) And soft is $3,500,000! But I believe that with such an interesting idea softcap will be collected quite fast ::)

And is their token ERC-20 compatible?

Yep :) You can acquaint with more details regarding their token "structure" in here https://www.minedblock.it/tokensale.html  ;) But I am happy to help, as spent some time examining it, so deeply into the details  ;)

Hello community! Love seeing you active. I wonder about the team, where can I find out more of it?

Hi Azam. The team is truly experienced and you can be 100% sure in it, reading more about their core members  ;) I would recommend you to check out more on the 1-st page of the thread, right on top of it or on their website  ;)

Ohh, so sorry, missed that on the first page! Will read out more right now, thank you for your time  :)

Absolutely no problem!! And what I love is that you can directly connect with their team in their Telegram chat - they always answer in there and help out  ;) As for me, this is an extra transparency point  :)

Ooh, haven't known of that... Can you please share a link to their Telegram chat?

Sure! Here you go: https://t.me/MinedBlockOfficial ;) It is truly friendly in there, so you will definitely love the community

wow, Just saw the websites and it's really looks good and found some great informations about the project. I thought the pre sale is already closed last Oct 31? Or you guys adjusted it?

Multiple currency mining platform?  Interesting,  I don't know if mining one or two currencies will be profitable or multiple currencies.  I mean they requires multiple type of minors if decided to mine multiple currencies.

As far as I see pre-sale already ended and moving forward with main sales. However I don't know whether the softcap had already been achieved. I am curious to know about that.

Mining is a very attractive topic in crypto world. Not many can mine due to various reasons. For example I cannot do it as I don't have enough resources. If it is fine as a service, is it only for big players or also for meant for small players like me?

That seems to be an interesting mining project. Mining from the Top50 CMC coins, exchange of revenues in ETH and this ETH are then paid to the tokenholders. I like it very much, will inform me more

Minedblock seems to be a good deal. But my question is this. If you plan to mine multiple crypto exchange from the top 50 on coinmarketcap what will happen when one tends to fall down the list and new tokens go up. As we all know the market is very volatile.

The mining of several different currencies is a bit risky and tricky. You need special hardware for every currency and cannot switch to an other coin. I‘m curious about the answers from the team and how they will handle this.

Mining for others is a good idea because they don't need to buy equipment and also mining the top 50 in CMC is also good idea, but what if the coins you mine suddenly drop down, and the other coins will go up. Will you switch to the coins that goes up or will you still stick to the first 50 coin you started with ?

I just visited on website and found details about pre sale. It's showing pre sale was completed between 1st to 31st Oct, 2018. So that's mean ICO is finished or still going on?

Hi,
We extended our pre-sale until the 30th November so the huge discount is still available for another 10 days.


The ASIC miners are mostly limited to one or two potential currencies but GPU mining rigs have a much broader range of potential assets to mine. We will constantly review the profitability of various options and ensure we are always working in the most efficient manner. The top 50 is more of a guideline rather than a rule.

The market is really scary as of now. Not sure if it is the fall before the rise or something else. It is going to be a tough time for ICOs. For minedblock the softcap seems quite achievable and I think they have a better chance raising funds from private investors.

this is truly an impressive way of earning decent crypto imagine setting up a mining rig for each of the top 50 cryptocurrency, that's gonna be outrageously expensive i believe they will make a great business.

So basically this project is all about mining, the industry has been known to be challenging, is the team ready to take up the challenge head on?, i'm yet to dig deeper on the brand but i hope they got what it takes to handle the issues that plagues the niche, such as power and its quite capital intensive to get such up and running

It’s not about the expense but the profits. My concern is the volatility of these altcoins. Bitcoin Is quite stable. I would prefer they focus on mining BTC and leave out altcoins except they got a reason for that.

Pre sale ended and we will see announcement about main sale soon. But I don't know that what price and bonus they will offer in main sale.

if this project wanted to mine multiple currencies, their making a huge business since they need a good set up of mining rig for that and i am agreed that it going to be expensive. I will check the progress of this one, i wish all the best for this project   

I think it gives them that flexibility of mining whenever a coin is profitable and easily switching between them. I mean unlike when you are mining for a single coin you have to optimize for that one coin.

I see MinedBlock will be setting up a Minning Facility from the Money they Rise from ICO.
So what's in it there for a Investor for investing in your exchange ?    

On their website it's still on Pre Sale, I thought it's the second stage but the same bonuses are appearing when I tried to click the buy tokens button. Let's wait for the admin response to it if what happen and if they already achieved their softcap.

It is true that there seem to be a competition right now for you guys and I like the fact the team is attempting on taking this on with a great deal of correction as against competition however I'd love to know if there is a site video update of the mining facility already up?

they have a good idea. although we have seen a lot of mining projects fall this year due to the inability to raise funds and maintain their facilities.I would advice them to also look for private investors to invest in the project. that way they will be safe.

Projects would fail when they don’t offer something different to what we got atm. What does minedBlock offer uniquely, when compared to older projects?
Most mining projects are closing down, btc prises are being more volatile, MINEDBLOCK Seems to offer something different, what’s that?

Yeah, agree on you, because of the market keeps collapsing, a lot investor are getting scared to invest on something because it may turn out to be a failure, I wish that the project find a suitable investor.

I just come to know about this project and going through the details now. At this moment I don't have idea about tokens holders benefits. If anyone knows this then please let us know.

Mining coins at this time may not be profitable. But by the time this ICO finishes and team start developing mining facility, market will go up. And I think they have chance to buy miners at negotiated rates because people not be buying it for now.

Agree. Now most of the people asking same questions, what are the benefits for investor. Why should we buy this tokens. No one believes in listing profit now.

Token holders would benefit from 75% of total tokens mined monthly. Mined tokens would be converted to ETH and distributed to MINEDBLOCK Token holders. I guess the more you hold, the more ETH you would get monthly.

Yeah, I visited to their whitepaper and found really this is something interesting and new in Crypto. About token holders benefits details are mentioned in page number 6.

I just came acrosss MinedBlock, they seem to have potentials and I like their idea. But do you have a mining facility already running and where is it located?

😂
I don’t think they got a mining facility, that’s the reason for the ICO. Funds from the ICO would be used to fund the mining facility. Btw the idea of a mining facility where anyone could be a part of the profit is great. What countries are restricted?

75% of the mined revenue being distributed to token holders is quite a large amount. But what is the guarantee that this project will be successful given the current market situation and that other mining companies are folding up.

thats a good question. For me the most important question at this moment is how much they have raised until now in the preICO. Its nice to know this information to see how far are they with their softcap target.

I could not easily find the ICO progress bar in their website. Is it not available or am I missing this somehow? Always I feel ICO progress bar gives confidence to the small investors and shows the transparency of the project.

75% mined revenue will be distributed to the token holders will be really huge pay. But what is minimum or maximum holding time period?

As far as I understand, there is no specific minimum holding period for the Tokens. I think you should hold them for the whole month to qualify for your distribution.

I don't think that the blockchain industry will fail, rather it will get stronger once everything becomes stable, it plays on sentiments and individuals are still very sentimental about it, with every little dip leading to a massive sell block, while the strong hands keep getting their desired coins/tokens at very cheap rate, so i do believe that they can get investors, though it will take a while

I learnt your ICO was a success, I'd like to know if your hardcap was reached and also what was your soft cap set at?

Right now BTC confirmation is not smooth due to the fact that BTC is trading below the cost of mining and electricity, what do you do in this situation? How do you manage this?

I read that they will expand their mining facilities this will happen by getting 10% of revenue per month by this their project will continue growing and expanding.

It's a solid idea, they cant distribute or pocket otherwise they will get crushed by the difficulty increases over time, i mean right now difficulty should be going down as older less efficient miners drop out but stilll it will eventually go back up and the 10% will help them stay ahead of that

while going through the white paper of minedblock, I realized they are more into mining as some part of the funds realized from the ICO sale will be used for mining. How then do investors hope to make tangible gains considering the recent recession being faced by the cryptocurrency world.

Forgive me, but I don't fully grasp how this will guarantee the success of the project. Going by your logic, they can only expand their mining facilities with 10% if investors come in, and we know how critical the market is to easily get investors.

exactly my point, there is nothing as sweet as transparency. I would also love that the team make a transparent report on their website or other medium on the progress of the pre ico and the general activities of the project, so that investors won't be in the dark.

yeah, the investors would want to get clear information as regards the workings of the team and the level of progress the project is experiencing, the team should see to that

it still runs the pre-sale, right? on their homepage is at least that you can still get up to 90% bonus. and a special founder bonus
but I also read that the pre-sale should only run until October 31st. he was apparently lengthened. or the homepage is not updated

What is the reason behind the idea to run an ICO and create your own ERC-20 tokens instead of selling mining contracts like a lot of other popular large-scale mining farms?

That's right, One of the possible factor or reason now why the project will going to fail is because of the market current situation but I hope that their team will not going to think about the failure instead make an alternative way to survive on this situation.

It's a curious time for crypto, is this the end? Will crypto bounce back? Will we see a lot of the shitty ICO's that flooded the market this year slowly start to be flushed out? I for one am excited to see what happens, I'm optimistic about crypto but I'm not 100% confident we will see the market stay afloat. It's a very interesting time.

Thats a good question it really shows if they have the support from really early on that a project needs like this, i mean i'm hoping that they managed a decent haul from that and can fill out the rest at this point, the market is in a really crappy spot so people are probably scared of mining projects

That is a good question. In my opinion I think that the tokens from MinedBlock will be also use as payment for mining other cryptocurrency, also I think if the project become successful mining the other cryptocurrency, there is a chance that mindblock token will be advertise by others.

lets wait for there further updates regarding to the dashboard to develop in which the investor can monitor the whole mining operation. At the end of each calendar month 75% of mined revenue will be responsibly sold for ETH and will be distributed between registered token holders to their ETH wallets, i guess its a fair gain between holders and the company

most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?

A stage with such level of bonus should not be kept alive for too long as this else, by my judgement, it is not a sign of appreciation to those who where bold enough to support the project in its early stage. I really hope it's just a website update issue.

It is the 4th quarter of 2018 and according to the roadmap, the initial Asic and GPU orders will be placed and Data center spaces agreed. I want to know if this has been done and if yes, when do we expect them to arrive?

It will really takes a while for the blockchain to be stable like it to be used in 2018 t because of the market. Some experts says that it will happen in 2019 or 2020. Lets just look forward to the investor since the coins are so cheap for sure many of them ill buy their coins. No one can predict the future what if something happen

It seems many people liked minedblock project already.  Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

Having an alternative during this bad market situation is a bright idea, if they can handle this tough times and scale through. I think it will change the perspectives of  investors to invest in minedblock.

I think that is going to happen after the ICO given they would want to get the funds first and then buy the equipment or the hardware. it woudn't make much sense buying it this early.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

They don't have telegram channel? Because of this thread is not enough to get reply of our questions and queries.

its so hard to find a good project in early stage, and i am happy to find this thread so early so i can monitor all the progress and development of this project, and since the team is so active responding to questions most of the member here to keep the project continue to get some attention in some reason beside from posting in their other social media account.
I just cant wait to see the whole facility of their mining firm

I haven’t gone so deep into mining.  But it’s all about transparency in all we do right?
That’s what Blockchain adoption into mining like minedBlock is going to get us. If the got a plan to show the number of btc mined daily from the farm. Also they could tell us the location of the facility.

the best thing about having discovered this project so early is probably the bonus you get at the moment you participate in the presale. At the moment this is still 90% bonus, very lucrative

I would like to believe that the team did every due diligence before going forward, saying it makes no sense to buy equipment early doesn't add up. According to the roadmap that is the stage they should be in so I just wanted to be updated on it from the team.

This is very hard time for any project/ICO and any new project needs to do smart marketing to attract investors. Instead of offering huge bonuses they need to build confidence in the project by taking care of safety,  security of the funds.  Assuring return on investment/tokens holders benefit. 

After checking the website i understood they will be distributing profits as reward to token Holder!
I dont know how  they will be  guaranteeing the Reward!

What do you mean?
Based on my understanding whatever they make they will share the percentage set which is 75% so regardless of the generated sum or the price of the mined token the distribution is set according to the 75% of the return.

One of the things they need to do right away for the betterment of their project is that more investors will stay and go to their project. But I think they can also do it because it is also one of the interests of investors to see

I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project.

I don't see any percent of revenue sharing mentioned,  but I have not checked all the documents as of now. If I see any such information,  I will update here.

Yea, that's a good question and i will also love to know how they intend to battle with such, not to mention the high volatility of the cryptocurrency market,what happens to the profit revenue when the market goes below as we are experiencing?, i remember a friend of mine stating that he spent hours online before he could get a confirmation from his transaction

They would give 75% of mined tokens converted to eth and distributed to all holders of minedBlock. It’s stared on the website. That would mean they would hold 25% of mined tokens.
How about maintainance of the facility? And electricity? Would 25% of mined tokens always be able to pay for that?

MinedBlock project looks realistic. Giving out payments monthly from mining profit using a smart contract and based on a percentage could work out. If the value of btc is low or gets high, payment would still be done. Unlike mostly facilities that promise theoretical profit and wouldn’t deliver.

Interesting fact and it should be known to many people especially who wants to mine cryptos. btw, where is their facility? Is it already up and running?

Crypto is there to stay. Soon everybody will be there in crypto. It needs some regulations for sure to kill the whole scammers. Then crypto will rule the world and it might take another 3-5 years. By then everybody will look for tokens like minedblock.

I'd like to believe the team has put this into consideration before coming up with this figures. However 75% shared among holders sounds like a nice incentive.

Yeah, that would be interesting where the mining facility is, I assume it is in the UK. They will start in Q1-2019 with building up the facility. Maybe the Team can post some pics.

I joined the aridrop and will consider joining the bonus program.
This is a good project and has great potential, good luck

Most project teams don't start up like MINEDBLOCK did. They must have gotten the prior experience of ICO. The introduction of promotional plans right at the start of the project shows they are in for a successful project. btw i think the team should do more promotion to meet the softcap in time while being fair to participating Bounty Hunters.

Because of their favorable percentage-based offer they give your profit I think it would be much more fun to participate in this project because of their beautiful offers to their participants. It is also one of the reasons for their success in the future.

i read somewhere that they will be mining top cryptocurrencies i believe that is a very wise move from them doing so will help create more profitable scheme

1k sign ups already, this is amazing shows the project has prospects. I will get involved in the bonus program too. Thanks for sharing the link mate.

Yea, such statements are mainly speculations, i barley listen to them these days and just stick to my decision, nowadays, technical analysis don't work on the market, rather its been manipulated by a selected few but the good thing is that good brands are now coming into the industry with viable products that will make the industry much more valuable

Yeah, this one is a good one, because of it's feature, mining other crypto by paying them, who needs to buy equipment when there is a project that can mine for you, but there is still a lot of questioned waiting to be answered until now, I hope Minedblock will answer all of them.

As regulation comes in project will have no choice but to be transparent
If they aren't the long arms of sec will catch up and investors will be scared
Minedblocks do not have much of a choice here

I think the team need to sit down and do a good job. They need to be specific on coins to be mined. Btc would be a good choice, but we got more coins coming in and being a bit stable too. The team should make a choic and based on this make estimates on profits.

that will probably depend on the market. The higher the prices rise, the easier it will be to cover the costs. At the moment it would be rather difficult :-) but they use not only the mined tokens to cover the costs, but also the ICO revenue

I would like to see some more details on the Minedblock website, it looks a bit bland at the moment. The team should definitely look into giving it an update in the near future. It could potentially attract more attention which might lead to more investors and support.

Hhmm. They giving too much shares of the mined tokens to their investors or share holders, The same question comes on my mind too on how they will going to maintain the facility needs if they will going to have 25% only for it.

i don't stable coins are mineable or I haven't read anywhere that they are though
Right now the best coin to mine remains BTC cos of its strong value which is why I am glad about team choice of mineable token

It depends if they are using ASICS then yes btc is normally best but if they go the gpu route they get a lot more flexibility of their target coins and some of those can be more profitable than asic ones

yeah, it all depends on the team i would suggest they take the GPU route because no one is certain about the direction of the market and mining more than one coin can be very profitable.

I think BTC will be the best coin to mine long term, it holds the most value and due to recent events and developments, its mining difficulty has decreased. ETH is till extremely difficult to mine.

It shifts a lot it’s a debatable thing especially as new ASICS come out that affect older ASICS and that’s what really drives difficulty up and if bch fails a lot would move back to btc

i guess 25 percent is not bad for the company shares since they need some cash for maintaining the facility and to cover some expenses. Since  the project is build for a long term investment i guess  its fair enough for the team and investors.

I wonder about the tax, if the project needed to pay the tax for the facility and for the project depends where the facility is located. i hope  the remaining 25% can still pay it if ever they need to pay the tax since  they are building a big facility

I don't think it's possible to share 75% revenue with token holders. It might be possible when say Bitcoin price is at 20k USD and mining cost is below 5k.

Keep in mind that they are not limited to BTC it can extend to other coins as well. So whatever renders profitable can be mined. If BTC is not profitable there is no reason to stick to it.

With current market conditions I don't think any token mining will give profit. Crypto is the future, it's growing Baby juts needs to go through some more hiccup.

Yea. I noticed that too. They are obviously following up with discussions in here. I know such task can be very difficult to keep up with especially when there are more visitors to the thread.

is it confirmed the MinedBlock would be mining BTC alone?
there are some other coins like eth, eleectroneum, monero but none of these atm would be more profitable than btc mining. MinedBlock team should fix a specific token. that would make investors make a realistic estimation on profits.

It is stated in the front page that they will be mining the top 50 cryptocurrency listed on the coinmarketcap rankings. I think this should be good as they will be getting profits from all sides.

time will certainly reveal a lot for all we know BTC is not the holy grail may be some other crypto will take its place, ETH will have to solve its scalability or risk been replaced by other platforms. the field is still fresh

In the whitepaper page 5 , they said that they have ASICS and custom GPU for mining, and its already tested in United Kingdom. They said that they will build a mining farm for Bitcoin and bitcoin cash first. Also they will keep monitoring to their mining activities , and they will look for good alternative cryptocurrency to increase profitable.

Yea, regulation is the way to go if the blockchain industry truly want to become stable,you know the industry was built on the belief of get rich quick syndrome, so when individuals stopped seeing that scenario of overnight wealth brought about by scammers, they withdrew their investment and some got seriously burnt, but now, the environment is getting cleanse

maybe in the future as the project develop the project will consider to mine other coin aside for the top 50 coin only, we all know that top 50 coins in the market seems stable in the market and hope all of this coin continue till 5 or 6 year in the future. For this, the investor have a lot of choices to mine in their dashboard aside from the top 50 so they can maximize their profit in any market situation whenever the marke is in bull or bear market

I really have to look up on this two mining machines and mechanism and learn more
As an investor that do not know much of the technicalities, profitability remains the big deal for me, well I speak for myself

ASICs are best for BTC and the likes but not for other altcoin and especially those that do not depend on proof of work. However striking the balance between GPUs and ASICs is the trick here.

Probably some videos with the core team member sharing their Plan and Progress with the Community could really be a good idea!
They should consider doing That ! 

I don't think that 25% can really maintain those expenses. They must also put some percent about the developments or it's also on that 25%? But if they chose that they will going to be fine.

You said it yourself. 75% is really much and that’s the catch. Some mining companies would offer lower percentage but with minedBlock willing to give up 75% woah, they got my interest already.

We need to check what is mentioned there. I mean 75% profit (after all expenses) sharing or 75% revenue sharing? This makes huge difference.

I have not checked whitepaper, but people here mentioned that it will be 75% revenue sharing. I think it's maximum % of revenue they will be sharing. And % might change depending on value of coin.

I think this 75% will just a opening offer for the early participant, because this kind of huge percentage have huge benefits to the people who will participate to their project.

No one knows the reason behind these dip market states for sure but am very hopeful that soon all these will be a thing of the past for a better experience

How anyone can predict the market? I agree that at this situation mining may be will not gives enough profit but that we know very well also market is not moving in the one direction. It's always changing it's trend. I am not sure that if observed yet or not, but market cap is not braking their low and still sustained above 140B.

I still feel that there will still be another major dip before we see the market recover. There are various speculations that btc will drop to 3k and that has not yet happened. So lets just watch and see how it plays out.

While checking their website I found one more tab and one PDF is attached in this tab - ROI. Really awesome return we will get on our investment.

http://www.minedblock.it/assets/ROI.pdf (http://www.minedblock.it/assets/ROI.pdf)

This is indeed great, the projected ROI would be quite enough for me. Unfortunately, I cannot invest $10000 in the Minedblock project.

Yeah responding to different questions and queries is not an easy task but they have been on top of their game by ensuring we get answers.

This is the first time I see this ROI.pdf this is a great deal for the investors and whales they have great and huge percentage for the investors. If I have that kind of money now I will surely be investing this great offer.

OH great.. Thanks for the follow up with explanation
I'll do a study on the Asic and Gpu maybe tomorrow... Can anyone get this machines if they have the means to?

the dip is not as a result of bad news i believe something is happening more like trying to stabilize the cryptocurrency for mass adoption, i believe bull run will soon ensue and we will all forget these moment

I really don't buy the idea that's as a result of bad news, i mean, we've seen good news in the industry couple of days ago before the massive bloodbath, just like i stated earlier, i believe the market is being manipulated by the big boys in the game and they are yet to get the needed market price, we'll get to see some rise in price when they are done

These are very nice numbers, but they are based on very optimistic numbers. I would prefer a calculation that is based more on the current market situation

Yeah, agree on you no one can predict the future. Maybe there is a chance or the time that market fully recover. Investors right now are just waiting for the right time, hopefully the market will recover in February.


Yes, mining will not give us good profit right now because of the current situation of the market but It is okay because we can mine coins that we can hold and someday the value of it will pump up.

I find it funny when people say mining isn’t profitable in these conditions yet still theirs millions of ASICS chewing away every day because it is possible that’s how difficulty works

It is possible that this project will be able to achieve its goal of raising funds, although on the website I did not see how the fundraising was going.

I also some predictions that there will be really another dip before the year end and it will really going to drop to that 3k. I really don't like thinking about it too that's why I'm focusing on looking and monitoring some good project like this one.

For sure the project will become successful and reach its fundraising, mining coins for others is a good idea since a lot of equipment right is too much expensive and they will build a mining farm in a cheap electric bill in iceland

We hope things recover soon; but I think there is room to profit is some altcoins even if it means small profits. Small and consistent is better than a big chunk at once. I am not an expert though just guessing.

But I feel the ico came at a wrong time where everyone is watching the market to see what happens next. Only a few are paying attention to ico projects and what they are going to solve. If the market becomes stable a lot of investors will surely invest in minedblock.

They've a well set out plan, they stand a good chance to succeed at their goal. They should have a plan on how to secure good partnerships and have a good marketing team.

having a good marketing team would help out in getting partnerships. I would advise the team to look out for private partnerships more by attending blockchain conferences and setting up meetups.
the market could look like a deep shit but its the best time/osr profitable time to invest in your best projects.

You’re right. I know of a few teams that tried with private partnerships. And I know of a lot of team that tried that and were successful with it. But they left some percentage of tokens for the public sale.

They just not need marketing but they have to manage it very effectively. Market is not that good, so aggressive marketing is needed but at the same time they should not end up in spending too much money

Of course, the bad market environment is a big problem. But what could be a problem here too, there are already too many mining projects and many have just completed the ICO. There are of course some new prospects, but why should older investors invest in so many different mining projects?

You know the niche is a really controversial one, i have seen people say things about the industry and some believe that anything related to mining is a failure or a scam project, so it all depends on the brand in question, MinedBlock should owe it a duty to prove the such individuals wrong by bringing up a credible brand that will not only be profitable but sustainable

I like the structure of minedblock and I see some good potential on mining and for the holders. Goodluck for the team of minedblock and I want to look forward on this project.

Yeah, I think it will be good if they will going to put some progress bar or give an updates what's happening to their sale because it's really important that their will will going to monitor it too.

This is a very good point. I think thats also the reason, they have a very stretched timeline for ICO. As far as I have seen it, ICO is closing sometime in April next year. Hopefully, Market will be stable by then.

I really like the idea if they have an progress bar to know what's new and what's happening on their project.

No one knows, this might be the perfect time!
Many people were waiting for this dip! They will take entry in crypto now in anyways! Finding this kind of promising sure wont let them down!

It might be a good thing for many to jump in at such times but for many others this is a really bad time given their assets were bought at a higher rate. Anyways I am not sure what this means to mining facilities you would think they would also be impacted. so not sure how will they go about such conditions.

Haarh war and more Craig Wright unfortunate moves and tweets is shaking the market
Atleast last I checked thats what I learnt but then again will there be more dip? I'm curious

Really, it's amazing pay in ROI. But same problem with me bro. This much amount is not affordable to me also. Hope so they will offer some investment also.

Initial stage of ICO or during private sale, ICOs always ask for higher investment amount. But they get good bonuses as well. I am sure, they will allow small investment in future.

I think soon they will do this because many people are suggesting this kind of progress bar and because of this we can see how the project doing every single step they make and how successful the project in every stage they go.

It is going to be implemented soon. I hope they can be able to raise enough tokens during this period as the market does not seem to favor them. With faith and believe anything can happen.

A progress bar is a good indicator for investors, great that they will implement it soon. I hope also that they will raise enough money. Mining projects have hard times in this market.

well they just stared. they sure need some time to spread word about them around.
and i believe people wont miss the chance to invest as soon as they finds about this project!

the market is currently falling and most investors would not want to put their funds until they are sure it gonna pay, i would advise the team to do more publicity.

I also think that at the moment it is very difficult to attract investors. Advertising is unlikely to help at a time when the cryptocurrency market is going down.

Any efforts to create publicity will probably just go unnoticed like it's being pulled into a black hole during this market.

Yea, the duration is quite long and anything can happen within the stipulated period of their ICO, the market is going down every second and speculations are just coming up everywhere and due to the fact that the market is based on sentiments, we'll get to see different people coming up with a FUD story but i'm still optimistic about the market

A good marketing team is definitely needed, I will also advise they should be strategic when they plan on attracting new partnerships due to the fall of cryptocurrency market.

well they can not abandon the project at this stage i would advise them to push for more investment at least that is what they can do right now even at the current moment

I know it's really hard to believe some progress bar or related to it but it will help them to get their investors confidence when they can see that the sales are really going good.

Anything that improves communication and helps to develop that important trust that really is required in the stage of the industry we’re currently dealing with

They should open the door for smaller investment if they really want to move their tokensale fast
Right now any amount of money will do getting into the crypto space as there have been plenty loss of money

I hope you have all participated in Airdrop. I also filled in the form, only with the Facebook-Post i had a problem because I do not have an account there. Let's see if I still get tokens :-)
https://docs.google.com/forms/d/e/1FAIpQLSfadSZgcET1Q8Bobldj5G64vE2ME4uTlua-ASIAs5ef0-z0FQ/viewform

yup, agree on you because of the market , a lot of investor are pretty scared right now. But for sure they will find private investors because they have a good project, mining coins for others is a good move, since a lot of mining equipment are pretty expensive.

They will sure find some big investors we can't see all their moves but I think the team of this project doing something to improve their project and making some moves to have more investors in their project.

Yeah, it is hard to know if we have some big news or new development on the project if we don't have some like that.

i guess the market situation is not to worried about since the market is going to stable soon. In my opinion mining is a best way to earn passively no matter what the market situation we are now facing, mining is a good alternative to gain some coin. Maybe the market is in not a good shape but soon as the project goes on to their development, i am sure there is more investor will check this project since their coin worth and profitable

I honestly don't fancy long sales however it is understandable that the market is not stable enough to allow for a decent raise. However publicity should not stop it should keep happening especially on how Minedblocks is different than other solutions.

It is really good the team is starting already with airdrop and bounties with the bounties. they should find a way to get airdrop and bounty hunter to see the advert and come in, without which it may not be effective. BTW how much of the total volume is allocated to bounty and airdrop? 

Airdrops and bounty campaigns are the surest way to gather community and take the business idea to a wider audience i would advise the team to create more form of campaign to reach larger audience

Yeah I agree. Airdrops and bounties can make one project gather a community because some of users are bounty hunters and they want to earn free tokens to spread the information what project they joined.

That's really great, it's still going on. This is also good opportunity to earn free tokens. This airdrop is required KYC verification?

Just participated the airdrop campaign! Yes, an Airdrop is a must for a ico! But at the end I saw a link to the bounty campaign... Wondering why aren't they using another separated bitcointalk bounty thread for the bounty campaign!

After reading the whitepaper, its nice job to find and locate a worthy place to build a mining farm that is approved, and it is a good choice that you pick Iceland since it it has a low cost for electricity bill and with a favorable weather since. Good movement and a nice choice for choosing a place  to build a mining farm  :D :D

I think quiz bounties are better at least then you will know that the ones doing it are catching a thing or two. A dead bounty does nothing to the project except lowers its number of tokens is all.

I think at a time where other mining projects are shutting down  the upcoming ones can step up and deal with the problem well enough. I hope minedblocks will be the future.

i guess there is no need to post another thread for their bounty campaign because as i check there bounty it lead me to their telegram, which is good also to avoid questions regarding to the bounty issues and question related to the bounty. Their telegram channel is also so active that all of the participants will be answer of the team or staff in their telegram channel, its also good in telegram to avoid spamming bounty question related here in their ANN thread


 

I'm glad to hear how active the team is but nonetheless a bounty thread on bitcointalk is needed as it entails the full run down of what MinedBlock bounty offers. They should consider having one.

Well, finding private investors at the moment is really tough at this point, they will need to do more to give investors enough reason to fall in, probably through the release of something tangible, enough to interest them, like MVP and all that, even in a good market condition, they still have a lot to offer because of the niche they find themselves

Yeah! bounties do more exposer then the Paid social media Campaign! They should start the Bounty soon with a thing to keep in mind, not to give too much in bounties meanwhile rewarding every bounty hunter with they deserve.     

I agree buddy, If they want to have more people that will going to support them they must have some good campaigns where they can attract them like some campaigns.

I really do not know they have an airdrop activity going on
Thank you for this, would get to work immediately

I also don't have a Facebook account. I don't know if it make sense to participate in the Airdrop without Facebook. I'll try it later, thanks for the reminder.

Many people saying mining is dead now but some miners keep telling that mining is not yet dead and it's start to bloom again and I hope MinedBlock is one of the project that will keep the mining blooming and living.

Did you guys seen this tweet? MinedBlock is offering great opportunity double your purchased tokens.
 
https://twitter.com/Mined_Block/status/1064998035640459265 (https://twitter.com/Mined_Block/status/1064998035640459265)

Nice offer from the MinedBlock Team, this should drive sales up. These days you need more promotions like this, to get more investors.

It’s a nice incentive who doesn’t want double of what they’re meant to get. They should spread the word on other social media outlets as well

Their own black friday deal and it is a 100% bonus om every purchase between 300 to 1000 dollars. This is very generous from the team.

An airdrop is helpful but it is not necessarily a must for ICOs, it helps create awareness but does not necessarily brings in investors. I think the bounty is a better option though. Just my personal opinion

You're right, i never liked the airdrop thing nor bounties but i think the later is much more better because it has some sort of task attached to it that will help spread the word about the brand and not just the former that's like a freebie with nothing attached and a perfect guarantee for dumpers to do what they know best and mess up the project

Wow, I had no idea they have an airdrop campaign going on, thanks for sharing I will just jump in on this. It will be nice squaring more MinedBlock token.

Looks like a great deal at first glance. But you get 90% bonus anyway, if you invest now. They offer just 10% more for Black Friday. Or do they double the bonus as well?

I always find it interesting with ICOs that decide to got the 90-100% free va just having the normal price be half the price I guess it comes back to people like seeing the word free even if the pricing change is basically the same

we are al aware of the fact that people love free stuff even when it is not totally free they will always go for it. i will advise minedblock to consider their options

Haven't kind of followed or checked for the state of market price movement today but I have seen one or two persons make posts about further dip of the market.

Bounty campaign builds a community within a day or a week it depends on the project and the details of their campaign. If one project doesn't have a campaign, possibly they can lose some audience/participants of their project. Some of projects who has bounty campaigns are now successful projects so bounty campaigns has an opportunity that can build more members on their community.

In most of the cases, your submissions won't be validated, sometimes the form is tailored that way and its a required entry, it's a good opportunity to accumulate extra tokens aside buying them

Yeah just saw it last night, It's really a good deal to have a 100% bonus of your purchased tokens and I don't we need to miss this chance to have more tokens of the minedblock.

its good to have bounty or airdrop as long as the project still at the early phase of the project because in my experienced, coin is being dump buy most of the bounty hunters but in the good side those who are willing to invest more coins of the coin that is being dump buy others is a good sign to have an active market supply in the market, they also have the rights to sell their coin since they put some effort to get those coins participated from bounties and airdrop, if you know that the project is worth to hold it in the future so there is no need to worried about the market situation i guess.

I think bounties are important if they have value; Which most of the currently available ones are? take the signature for example you are basically spreading word about the project. Which begets the other bounty which is the blog; I think the team should do more on that front; At least on how minedblock is different.

What about this is buddy? Are you from admin team? I don't think so that It's related to the MinedBlock. Because I cannot access this link and showing error page not found.

Yeah , agree on you, some project just needed to post their retwert and post once after joining the airdrop and the telegram which is not good , as my opinion, because once the user receive their airdrop for sure they will leave the group and look for another and so on and so forth. Its much better to do task and be active in any certain events to be qualified in airdrop.

The market is steady falling, BTC is below $4k and altcoins aren't doing good either. So many mining companies are closing down because the profit margin is further decreased. Are there any plan by MinedBlock to curtail this? Also, how can they pay monthly dividends in this condition?

Bitcoin is falling down and we didn't know when it stops but supposed to be this is the right time to do some investing on it because if bullrun starts, we lose a chance to ride on.

But at same time, they can be very disastrous to brands, yea they help in audience building but its a known fact that 90% of audience generated through such means are not investors, rather they are there to have a taste of what the freebie offers, after which they dump and head on to the next project and the cycle of dumping continues

Yeah. This condition doesn't support mining companies giving dividends out to their holders. I hope things works out for this mining companies.

well, like my teacher said, selling coins in the market is not bad, dumping coins does, having an active  volume in exchange is a sign of good coin that is actively being trade in exchange. As long as the investor know the whitepaper of this project and started to believe that this is worth something in the future there is no need to worried about the price of the coin at the early/1st exchange of the coin whether it is being dump by the hunters, still holding is a must

Does the team make any announcement for it that it's a legit announcement or not? Planning to join but waiting for the team response about it. Same here after clicking it "Page not found".

This is a good news to have! I'm sure going to Join the Airdrop and Bounty.
Missing the chance to grab some free MinedBlock is really gonna be a dumb one!

Agree on you, I wish they could still hold what is happening in the market right now since there is a huge lose in both investors and the company , I wish they think twice before they take their Evey move.

Yes, I saw this twit in their twitter account this is for black Friday and Cyber Monday sale. This is a great offer many investors will grab this chance to grab more of their tokens.

I remember similar project which promised dividends from mining, buy they turned to scam (this was Envion). Do you have registered company, and mining  equipment already?

As it stands it will be difficult to find ico getting invest from the community. Everyone is concerned with whats happens next with bitcoin and Ethereum.

MinedBlock has a big advantage of the current market situation, they can switch to the most profitable coins and they are not fixed on a currency. Nevertheless, the market is not ICO friendly.

Not sure how that impacted the sale in current market conditions. Personally I don't like large bonuses but if it is bound to a set timing than I guess it is a promotional stunt?

It's really a tough one buddy right now if were project team I won't even bother myself too much.
The market kept everyone in that mute position now

its good to see them making some traditional offer in this crypto space! other people will sure not the opportunity drop to get some tokens before they runs out!

As of now they just need to plan everything before starting the project they should choose wisely what cryptocurrencies they will mined so that they will have a great profit to the chosen cryptocurrencies. And it's a good start to mine now and go with the flow if the bull run starts on.

yeah, a lot of individuals are after what is going on with BTC and ETH if the market changes then they are going to change else they will remain cold

It’s going to be interesting to see if the market conditions change the way the overall crypto market is behaving lately hopefully they have planned to handle low valuation not just high

i don't think any project have plans to handle low valuation they just set a level and once that level is reached they bail out, most crypto project are after high returns

Interesting questions you’ve asked buddy, I’d like a reply to the asked questions as well. You can also check out their telegram group for a quicker reply.

The team mentioned early on that they are officially registered in the UK and that their operations will not be bound to the UK along. They will be managing the mining facility from Iceland; They have their eyes on a location with a good electricity pricing. however they need to suffice the softcap to be able to do this (3.8 mil I guess)

Iceland is good location for mining facility. Don't know about electricity rate but I hope Minedblock will be doing negotiations with electricity provider.

Having some sort of deal with electricity provider will really cut down cost when undergoing mining. Brilliant suggestion mate.

I honestly don't know the prices for electricity in Iceland, but the climate should be perfect for a mining facility. Some other mining companies have their facilities in northern Scandinavia and the conditions must be perfect.

With mining it really comes down to electricity I imagine ambient temperature  can help with keeping  costs low  but above all else it comes down to electrical costs

Wow! This is really a huge opportunity to to grab 100% bonus of purchased tokens. I like the additional incentives it will surely make an impact on the project.

yeah, electricity is super important to cryptocurrency mining i will like to believe that the team have plans for cheap and effective power supply

Well ya any project like this has to put that kind of considerations above all else especially if they expect to have longterm success

I believe they'll get a fair deal given they intend to offer and considering the growth they're bringing to Iceland.

I think such project are highly couple with the electricity bill; since that is recurring; from what I've understood they have a good deal awaiting if they are able to hit the softcap. machines are purchased after that.

But they have equipment there (in the Iceland) already? Can they provide photo with some equipment etc from there? Or why we must to trust them?

There is barely anything they can do now to sufficiently raise interest in the project. Not a lot of money coming in for projects.

i like your project airdrop it will be great to when you will lunch airdrop bounty and its very unique way to grow our business