MinedBlock
Copper Member
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Activity: 112
Merit: 0
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August 29, 2018, 03:50:34 PM
Last edit: October 16, 2018, 09:34:43 AM by MinedBlock |
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Automate your trading like a pro. Lightning fast execution. Start trading |
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
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sacskate
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August 29, 2018, 03:51:52 PM |
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hi sir do you have already established mining farm and where is the location ?
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MinedBlock
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Activity: 112
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August 29, 2018, 03:58:47 PM |
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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. |
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joycigar
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August 29, 2018, 04:03:10 PM |
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reserved indonesia translation
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Fionoa
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Activity: 226
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August 29, 2018, 05:13:04 PM |
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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
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Anthomy
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Activity: 266
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August 29, 2018, 06:24:53 PM |
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big community, business model is similar to most of the projects here. needs to step-up fast to beat them.
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MinedBlock
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August 29, 2018, 07:20:52 PM |
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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 |
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MinedBlock
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Activity: 112
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August 30, 2018, 07:10:02 AM |
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Good luck with your project
Thank you Don’t forget to join our Airdrop and Referral Scheme to get free tokens 👍🏼 |
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captin crunch
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August 30, 2018, 07:15:09 AM |
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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. |
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tingo2k
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August 30, 2018, 07:17:00 AM |
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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!
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MinedBlock
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August 30, 2018, 01:12:22 PM |
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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  |
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Tiffanya
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August 30, 2018, 03:59:32 PM |
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The best project with the best goal.
Great project with great team.
Members are more helpful with better thinking.
Good luck!
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Samuiel
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August 30, 2018, 04:06:09 PM |
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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!
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MinedBlock
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August 30, 2018, 10:10:19 PM |
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reserved indonesia translation
We will offer 50,000 of our MBTX tokens to anyone willing to translate the Whitepaper for us. PM me if you're interested |
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MinedBlock
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September 01, 2018, 08:57:53 AM |
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MinedBlock
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September 20, 2018, 06:35:20 AM |
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Thank you kind sir |
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TimeTeller
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September 20, 2018, 06:59:46 AM |
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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.
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MinedBlock
Copper Member
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Activity: 112
Merit: 0
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September 20, 2018, 09:10:52 AM |
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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 |
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