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Author Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡  (Read 8715 times)
Getadaaa
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March 10, 2019, 11:07:09 PM
 #321

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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Pricebrianer
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March 11, 2019, 07:15:42 AM
 #322

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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March 11, 2019, 01:26:36 PM
 #323

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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March 11, 2019, 01:28:30 PM
 #324

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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March 11, 2019, 02:05:38 PM
 #325

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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March 11, 2019, 05:34:12 PM
 #326

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.
dcoolguy84
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March 11, 2019, 07:27:51 PM
 #327

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.

Pricebrianer
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March 11, 2019, 08:41:28 PM
 #328


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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March 11, 2019, 11:11:24 PM
Last edit: March 12, 2019, 06:43:02 AM by Sozialtourist
 #329

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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March 11, 2019, 11:15:00 PM
 #330


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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ganeshramk
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March 12, 2019, 08:41:50 AM
 #331


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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March 12, 2019, 08:43:42 AM
 #332


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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March 12, 2019, 09:20:03 AM
 #333

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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March 12, 2019, 11:54:07 AM
 #334

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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March 12, 2019, 12:18:06 PM
 #335


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
 #336

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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March 12, 2019, 06:48:17 PM
 #337

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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March 12, 2019, 07:12:46 PM
 #338


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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March 12, 2019, 09:15:01 PM
 #339


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!
Pricebrianer
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March 12, 2019, 09:46:31 PM
 #340


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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