Getadaaa
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March 10, 2019, 11:07:09 PM |
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Mining is the basis of true decentralized cryptocurrencies. But with the cost of mining and difficulty getting higher and with the need for bigger equipments, most people have lost interest in the oldest way of earning free cryptocurrency.
It's not actually free. Mining in this moment is not always profitable and the impact due to the amount of energy is relevant. These are problems that the crypto ecosystem must solve to evolve. You don’t pay for the coins you get from mining (although it costs you), insteaded you’re rewarded. It was meant to be a reward like a gift for keeping the system checked. I think the more we see mining not just as a profitable venture, the better we understand how a decentralized currency should work. I hope Minedblock realize this too.
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BEST TIME AND PLACE TO EXIST
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Pricebrianer
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March 11, 2019, 07:15:42 AM |
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It’s great to know that you don’t need to have any mining experience to earn from mining. Minedblock team would monitor the mining activities, switch between coins as the difficulty rates fluctuates and purchase of new miners.
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IOVO | INTERNET OF VALUE OMNILEDGER # THE FIRST DECENTRALIZED HUMAN VALUE BLOCKCHAIN NETWORK
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ganeshramk
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March 11, 2019, 01:26:36 PM |
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One country has to make the first move. I don’t know how long it’s going to take but I guess it’s going to happen soon. Let’s hope Germany regulations comes out positive.
Lots of countries are talking and starting their work on regulations. I don't care who comes out first but I need strict rules and regulations for the projects. Those survives that will be the winner in the end.
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nxnqauff
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PG-PAY Gold Backed Token
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March 11, 2019, 01:28:30 PM |
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It’s great to know that you don’t need to have any mining experience to earn from mining. Minedblock team would monitor the mining activities, switch between coins as the difficulty rates fluctuates and purchase of new miners.
Thats a very good point. It is also much needed one for persons like me. Minedblock tokens will have more benefits like this I believe.
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Sozialtourist
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March 11, 2019, 02:05:38 PM |
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It’s great to know that you don’t need to have any mining experience to earn from mining. Minedblock team would monitor the mining activities, switch between coins as the difficulty rates fluctuates and purchase of new miners.
This and the fact that there is quite a high entry barrier to start mining by yourself with expensive mining gear and non-intuitive settings and high energy consumption. So to profit off mining as an individual, mining projects like MinedBlock are probably the easiest way.
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gee777
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March 11, 2019, 05:34:12 PM |
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One country has to make the first move. I don’t know how long it’s going to take but I guess it’s going to happen soon. Let’s hope Germany regulations comes out positive.
Lots of countries are talking and starting their work on regulations. I don't care who comes out first but I need strict rules and regulations for the projects. Those survives that will be the winner in the end. Are you guys talking about ICO regulations? If so I personally think having regulations in the ico business will be a very bright idea and also provides a sense of security to investors.
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dcoolguy84
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March 11, 2019, 07:27:51 PM |
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It’s great to know that you don’t need to have any mining experience to earn from mining. Minedblock team would monitor the mining activities, switch between coins as the difficulty rates fluctuates and purchase of new miners.
This and the fact that there is quite a high entry barrier to start mining by yourself with expensive mining gear and non-intuitive settings and high energy consumption. So to profit off mining as an individual, mining projects like MinedBlock are probably the easiest way. Yes and thats what makes it popular in common retailers communities. I hope not only Big investors but governments also see its potential and make it legal.
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Pricebrianer
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March 11, 2019, 08:41:28 PM |
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Yes and thats what makes it popular in common retailers communities. I hope not only Big investors but governments also see its potential and make it legal.
Two things about Minedblock model makes it stand out and unique First, they protect investors by issuing STO tokens. Secondly, it states on the whitepaper, they’ll maximize profits by using green energ and, mining the most profitable tokens
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IOVO | INTERNET OF VALUE OMNILEDGER # THE FIRST DECENTRALIZED HUMAN VALUE BLOCKCHAIN NETWORK
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Sozialtourist
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March 11, 2019, 11:11:24 PM Last edit: March 12, 2019, 06:43:02 AM by Sozialtourist |
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One country has to make the first move. I don’t know how long it’s going to take but I guess it’s going to happen soon. Let’s hope Germany regulations comes out positive.
Lots of countries are talking and starting their work on regulations. I don't care who comes out first but I need strict rules and regulations for the projects. Those survives that will be the winner in the end. In my opinion, it should be a goal for every country to be as crypto-friendly as possible.. If crypto becomes mainstream, more and more successful companies might emerge. And if you look at Germany, or Europe in general, they already failed the last time when tech giants like GAFA and the Silicon Valley boomed. Now it should be in their own interest not to scare away new potential startups again.
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em777
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when you are fed up transfer your crypto to me
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March 11, 2019, 11:15:00 PM |
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Yes and thats what makes it popular in common retailers communities. I hope not only Big investors but governments also see its potential and make it legal.
Two things about Minedblock model makes it stand out and unique First, they protect investors by issuing STO tokens. Secondly, it states on the whitepaper, they’ll maximize profits by using green energ and, mining the most profitable tokens They are going to make cryptocurrency a lot more friendly and easier to invest, I see this as little step towards cryptocurrency mass adoption and I hope larger organization like the government see the potential
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r e c k o o n ONE STOP SHOPPING APP Global Shopping Platform (https://ieo.reckoon.com/) [[[[[[
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ganeshramk
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March 12, 2019, 08:41:50 AM |
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They are going to make cryptocurrency a lot more friendly and easier to invest, I see this as little step towards cryptocurrency mass adoption and I hope larger organization like the government see the potential
How is the marketing team doing? Did they publish their plans? That would be helpful in understanding their strategy.
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nxnqauff
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PG-PAY Gold Backed Token
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March 12, 2019, 08:43:42 AM |
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Two things about Minedblock model makes it stand out and unique
First, they protect investors by issuing STO tokens. Secondly, it states on the whitepaper, they’ll maximize profits by using green energ and, mining the most profitable tokens
How the term protection is used here? Still we don't know how STOs would be and especially when it is listed in market. Are they going to have separate exchanges for STOs with well controlled regulations?
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em777
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when you are fed up transfer your crypto to me
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March 12, 2019, 09:20:03 AM |
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It’s great to know that you don’t need to have any mining experience to earn from mining. Minedblock team would monitor the mining activities, switch between coins as the difficulty rates fluctuates and purchase of new miners.
managing the mining process will greatly be beneficial to the whole community at least they can track activities and ensure every member follows due process
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r e c k o o n ONE STOP SHOPPING APP Global Shopping Platform (https://ieo.reckoon.com/) [[[[[[
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RedenBlack13
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0x773f017A00F1eD28a18bC9dE6bc72e5Ea3EcBA3d
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March 12, 2019, 11:54:07 AM |
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Mining is the basis of true decentralized cryptocurrencies. But with the cost of mining and difficulty getting higher and with the need for bigger equipments, most people have lost interest in the oldest way of earning free cryptocurrency.
It's not actually free. Mining in this moment is not always profitable and the impact due to the amount of energy is relevant. These are problems that the crypto ecosystem must solve to evolve. You don’t pay for the coins you get from mining (although it costs you), insteaded you’re rewarded. It was meant to be a reward like a gift for keeping the system checked. I think the more we see mining not just as a profitable venture, the better we understand how a decentralized currency should work. I hope Minedblock realize this too. I don't know if we're actually understanding eachothers, but if mining was just money for free we were all billionaires. It has a cost in terms of energy and CPU capacity and, in a bearish market, is not always profitable. I hope that the market will start to grow again and I hope this project can achieve its goals, but talking about mining as a magical activity that creates free money seems to me not exact. With the greatest of respect obviously.
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ning_aric
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March 12, 2019, 12:18:06 PM |
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Two things about Minedblock model makes it stand out and unique
First, they protect investors by issuing STO tokens. Secondly, it states on the whitepaper, they’ll maximize profits by using green energ and, mining the most profitable tokens
How the term protection is used here? Still we don't know how STOs would be and especially when it is listed in market. Are they going to have separate exchanges for STOs with well controlled regulations? STOs are the best we got now because they are registered. The whitepaper says Minedblock is registered in UK. And I think they’ll need a licensed exchange to trade.
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Sozialtourist
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March 12, 2019, 06:12:22 PM |
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Mining is the basis of true decentralized cryptocurrencies. But with the cost of mining and difficulty getting higher and with the need for bigger equipments, most people have lost interest in the oldest way of earning free cryptocurrency.
It's not actually free. Mining in this moment is not always profitable and the impact due to the amount of energy is relevant. These are problems that the crypto ecosystem must solve to evolve. You don’t pay for the coins you get from mining (although it costs you), insteaded you’re rewarded. It was meant to be a reward like a gift for keeping the system checked. I think the more we see mining not just as a profitable venture, the better we understand how a decentralized currency should work. I hope Minedblock realize this too. I don't know if we're actually understanding eachothers, but if mining was just money for free we were all billionaires. It has a cost in terms of energy and CPU capacity and, in a bearish market, is not always profitable. I hope that the market will start to grow again and I hope this project can achieve its goals, but talking about mining as a magical activity that creates free money seems to me not exact. With the greatest of respect obviously. Yes, the profitability of mining depends mostly on your energy source and the market situation. No wonder, that a lot of mining businesses had to shut down their operations because of the long bear market we are in at the moment. In times like these, mining can only be profitable if you have a very cheap energy source.
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dcoolguy84
Copper Member
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Activity: 425
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March 12, 2019, 06:48:17 PM |
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Mining is the basis of true decentralized cryptocurrencies. But with the cost of mining and difficulty getting higher and with the need for bigger equipments, most people have lost interest in the oldest way of earning free cryptocurrency.
It's not actually free. Mining in this moment is not always profitable and the impact due to the amount of energy is relevant. These are problems that the crypto ecosystem must solve to evolve. You don’t pay for the coins you get from mining (although it costs you), insteaded you’re rewarded. It was meant to be a reward like a gift for keeping the system checked. I think the more we see mining not just as a profitable venture, the better we understand how a decentralized currency should work. I hope Minedblock realize this too. I don't know if we're actually understanding eachothers, but if mining was just money for free we were all billionaires. It has a cost in terms of energy and CPU capacity and, in a bearish market, is not always profitable. I hope that the market will start to grow again and I hope this project can achieve its goals, but talking about mining as a magical activity that creates free money seems to me not exact. With the greatest of respect obviously. That's what makes Minedblock unique and popular in retailers because they (read Minedblock) are going to take care of costs, machinery etc. We as investors/customers/subscribers just have to 'mine' :-) I am just interpreting their whitepaper but could be wrong. Please do correct me if your understanding is different.
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Sozialtourist
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March 12, 2019, 07:12:46 PM |
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That's what makes Minedblock unique and popular in retailers because they (read Minedblock) are going to take care of costs, machinery etc. We as investors/customers/subscribers just have to 'mine' :-) I am just interpreting their whitepaper but could be wrong. Please do correct me if your understanding is different.
No, we don't have to mine. MinedBlock takes care of the mining and just distributes the mining profits to token holders. But nevertheless, the mining has to be profitable for MinedBlock, too. If they have higher operating costs, than what they earn for themselves, they cannot distribute anything to token holders and cannot run their business for long.
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MinedBlock_Paul
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March 12, 2019, 09:15:01 PM |
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That's what makes Minedblock unique and popular in retailers because they (read Minedblock) are going to take care of costs, machinery etc. We as investors/customers/subscribers just have to 'mine' :-) I am just interpreting their whitepaper but could be wrong. Please do correct me if your understanding is different.
No, we don't have to mine. MinedBlock takes care of the mining and just distributes the mining profits to token holders. But nevertheless, the mining has to be profitable for MinedBlock, too. If they have higher operating costs, than what they earn for themselves, they cannot distribute anything to token holders and cannot run their business for long. Especially as we (the founders) will only profit from holding tokens, so you can trust in the work ethic we have, because if you (the investor) aren't making a profit, neither are we!
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Pricebrianer
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Activity: 364
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March 12, 2019, 09:46:31 PM |
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No, we don't have to mine. MinedBlock takes care of the mining and just distributes the mining profits to token holders.
But nevertheless, the mining has to be profitable for MinedBlock, too. If they have higher operating costs, than what they earn for themselves, they cannot distribute anything to token holders and cannot run their business for long.
They’ll have more currency options to other than ETH. I think that and having a large mining facility should ensure they stay profitable all the time.
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IOVO | INTERNET OF VALUE OMNILEDGER # THE FIRST DECENTRALIZED HUMAN VALUE BLOCKCHAIN NETWORK
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