⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡

[Sozialtourist]

What miners would you be using in your facility? Your roadmap shows investors should expect first payouts by Q3 of this year, would that be possible with the current state of your token sales?

I just checked their Whitepaper again and it looks like they are getting a mixture of ASIC miners (Antminer S9 / L3++ and D3) and GPU mining rigs. With this set-up they can mine a broad range of different coins, depending on which one is the most profitable.

[Pricebrianer]

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

[Getadaaa]

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

[Sozialtourist]

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

Especially in Iceland there is the possibility to use electricity from geothermal power plants. Keeping in mind that we should do something to battle global warming, I hope that they will get their electricity mainly from renewable energy sources.

[gee777]

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

Yeah. As there are a lot of countries still against cryptocurrencies so it would be nice and wise to avoid building mining facilities in those countries.

[Getadaaa]

I didn’t know that about Iceland. There’s so much that a mining project like Minedblock could do better than individual mining. Building a huge mining facility if gotten right would cut down the cost of mining to the minimum.

[ning_aric]

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

[em777]

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

Yeah. As there are a lot of countries still against cryptocurrencies so it would be nice and wise to avoid building mining facilities in those countries.

Yeah, I agree with you I think it only a matter of time before some of those countries begins to accept cryptocurrency and blockchain technology

[Nathan01]

Read somewhere that the company is registered in the UK, could we have a pictorial proof of office sent here to the thread for evidences. Do the UK allow for ICO to be conducted within the country?

Yes, UK allows ICOs. UK originated cryptos, LTC and ETN are successfully operating in crypto market.

OK I think so far since my last post I've been researching laws guiding crypto in the UK and I haven't found any regulations against crypto there maybe but it's a good thing to see adoption happen across the globe uniformly

[ganeshramk]

OK I think so far since my last post I've been researching laws guiding crypto in the UK and I haven't found any regulations against crypto there maybe but it's a good thing to see adoption happen across the globe uniformly

Germany is on its way to release crypto regulations this June. Uk or any other country follow as soon as regulations from Germany is in place.

[nxnqauff]

Regulations from Thai came in just days ago. Now I hear about Germany. Its a nice move from most of the countries. Then people will start recognizing projects like Minedblocks as they are already offering STO.

[Sozialtourist]

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

Not sure if this is possible but maybe they can mine their coins to an address that everyone who is interested can check all the time and in this way see exactly how much they made with mining. Transparency is here very important.

[ning_aric]

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.

[Pricebrianer]

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

Not sure if this is possible but maybe they can mine their coins to an address that everyone who is interested can check all the time and in this way see exactly how much they made with mining. Transparency is here very important.

That’s the reason why there’s a mining option for cryptocurrency. Getting paid for when you keep the chain secured by confirming transactions. I think being transparent is the first, I’ll like to know.

[Getadaaa]

Regulations from Thai came in just days ago. Now I hear about Germany. Its a nice move from most of the countries. Then people will start recognizing projects like Minedblocks as they are already offering STO.

It’s a good thing Minedblock tokens are securities, STO , not just ICO Tokens. From the very start investors funds are secured and wouldn’t be bothered about regulations.

[nxnqauff]

It’s a good thing Minedblock tokens are securities, STO , not just ICO Tokens. From the very start investors funds are secured and wouldn’t be bothered about regulations.

Do we already have information about how much they have raised until now? I have not seen any counter in their website till couple of days back.

[ctrades31]

It’s a good thing Minedblock tokens are securities, STO , not just ICO Tokens. From the very start investors funds are secured and wouldn’t be bothered about regulations.

Do we already have information about how much they have raised until now? I have not seen any counter in their website till couple of days back.

That's what I also want to know but I couldn't found it. I guess we will know this information from their social medias also? Is that possible?

[Dump3er]

I was surprised by the relatively good rating on ICObench I think. I was a bit cautious here as I remember a similar project that turned out to be a scam. Will give this another look.

Were there already other mining projects that went the security token road and turned out to be a scam? Hard to believe because it isn't that easy to just disappear again when you have all your documents already checked by the SEC.

To be honest I have to look into the SEC stuff as I don't know whether there any easy routes these projects could take. If they have really undergone an intense scrutiny by the SEC, there isn't any doubt then. I just don't know what processes the SEC offers. I can imagine there is also some "light" route.

[MinedBlock]

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

We don't have a discount rate contract, we picked it because the normal prices are really low. If we raise enough funds to build a bigger farm initially then we can talk to electricity suppliers about reduced rates.

There is an alternative option available where we could reduce the electricity cost down as low as 2.5 cents a kilowatt hour but we'd need to build a 20 megawatt facility to get that rate

[MinedBlock]

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

Especially in Iceland there is the possibility to use electricity from geothermal power plants. Keeping in mind that we should do something to battle global warming, I hope that they will get their electricity mainly from renewable energy sources.

100% of the energy we use will be renewable