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

[ning_aric]

Wish your team success in raising a softcap. Would be have another bounty program or airdrop to promote your project?

[Sozialtourist]

With our planned farm being located in Iceland, from our calculations BTC can drop to $1800 and ETH $80 before we stop making a profit. It just needs thought, planning and strategy and that’s why we’re here in this space!

That's interesting. I doubt or better hope we won't see BTC and ETH at that price level ever again. But nevertheless, it's good that you have some scope and don't fully rely on that the crypto markets won't go down any further. With what electricity price was this calculation made?

[MinedBlock_Paul]

With our planned farm being located in Iceland, from our calculations BTC can drop to $1800 and ETH $80 before we stop making a profit. It just needs thought, planning and strategy and that’s why we’re here in this space!

That's interesting. I doubt or better hope we won't see BTC and ETH at that price level ever again. But nevertheless, it's good that you have some scope and don't fully rely on that the crypto markets won't go down any further. With what electricity price was this calculation made?

This was made using the financial forecast readily available on our website, all of our workings are made public to keep up with our transparency, thus nothing we claim can be perceived as fictional

[MinedBlock_Paul]

Keeping everyone in the loop,

Pre-Sale ends Midnight tonight GMT London 29/03/2019, with the Main Sale starting on the 1/04/2019.

Key Highlights are:

• Full Transparency
  All expense and revenue information will be published each month for review by any token holders to ensure full transparency of the total managed mining service
• Preference Shares
  Each ST-20 token equates to 1 preferential share of our investment vehicle MinedBlock Holding Limited
• Expansion
  We will use 10% of the revenue each month to expand the mining facilities. On a quarterly basis 5% of mining revenue for the period will be used to buy back tokens from the circulating supply to be destroyed. This activity will continue until the supply is reduced by 50%
• Revenue Distribution
  75% of mining revenue will be distributed to our token holders relative to the number of tokens held (i.e. if you hold 1%% of all circulating tokens, you will get 1% of the distributed revenue)

The 33% Discount only applies to the Pre-Sale which ends tonight. We are planning to structure in a Bonus to each phase of the Main Sale.

Social channels are:

Bitcoin talk - https://bitcointalk.org/index.php?topic=4975764

Reddit – https://www.reddit.com/r/minedblock

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

Twitter – https://www.twitter.com/mined_block

Telegram – https://t.me/MinedBlockOfficial

Medium - https://medium.com/@MinedBlock

Bounty -  https://bitcointalk.org/index.php?topic=5033610

Instagram - https://www.instagram.com/minedblock_/

https://www.youtube.com/watch?v=u9_PPF5OAWo

[Sozialtourist]

As you may or may not be aware, MinedBlock has been competing in the Newconomy TOP 50 Market Challenge sponsored by Neironix, BitcoinOX, Crypterium, Huobi, Kaspersky Labs, Blockglobe, Coinfox, Crosschain and UltraFund VC, during the last 3 days live conferences have been held on Facebook and Twitter, during these Market experts have voted on preference for their leading Projects under 5 categories. AI, VR, Finance, Platform & Mining.

MinedBlock have leading the voting contest all the way through the challenge & have had favourable preferences from the Industry experts. The Latest live conference was an opportunity for our CEO Greg Wales to formally discuss MinedBlock with the Hosts. You can find the footage from this interview here https://youtu.be/nNzwVINPKxs

The outcome of potentially winning this challenge we will receive:
Blockchain-based “Market Leader’s” certificates,
A chance to meet with the representatives of several major investment funds and
The free listing of the Project’s token on several trusted exchanges

You can find more information here https://newconomy.media/market/how-the-community-will-define-the-leaders-of-new-economy/

I just checked your Twitter account and saw that you won the competition for the best mining project. First of all, congratulations to the whole team!

https://newconomy.media/market/market-challenge-recap-the-community-voting-results/

Does this mean you will get the chance to meet representatives of major investment funds?

[MinedBlock_Paul]

As you may or may not be aware, MinedBlock has been competing in the Newconomy TOP 50 Market Challenge sponsored by Neironix, BitcoinOX, Crypterium, Huobi, Kaspersky Labs, Blockglobe, Coinfox, Crosschain and UltraFund VC, during the last 3 days live conferences have been held on Facebook and Twitter, during these Market experts have voted on preference for their leading Projects under 5 categories. AI, VR, Finance, Platform & Mining.

MinedBlock have leading the voting contest all the way through the challenge & have had favourable preferences from the Industry experts. The Latest live conference was an opportunity for our CEO Greg Wales to formally discuss MinedBlock with the Hosts. You can find the footage from this interview here https://youtu.be/nNzwVINPKxs

The outcome of potentially winning this challenge we will receive:
Blockchain-based “Market Leader’s” certificates,
A chance to meet with the representatives of several major investment funds and
The free listing of the Project’s token on several trusted exchanges

You can find more information here https://newconomy.media/market/how-the-community-will-define-the-leaders-of-new-economy/

I just checked your Twitter account and saw that you won the competition for the best mining project. First of all, congratulations to the whole team!

https://newconomy.media/market/market-challenge-recap-the-community-voting-results/

Does this mean you will get the chance to meet representatives of major investment funds?

Thank you!

Yes the wheels are already in motion, Thanks to the conference we have made several new contacts

[Sozialtourist]

I just checked your Twitter account and saw that you won the competition for the best mining project. First of all, congratulations to the whole team!

https://newconomy.media/market/market-challenge-recap-the-community-voting-results/

Does this mean you will get the chance to meet representatives of major investment funds?

Thank you!

Yes the wheels are already in motion, Thanks to the conference we have made several new contacts

Sounds great!

Another thing that I was wondering about: You said that the price for winning the competition was also ' free listing of the Project’s token on several trusted exchanges'. Is this also the case for your security token? I remember that you, or one from your team, once mentioned here in the thread that only a handful of exchanges can already trade security tokens.

[MinedBlock_Paul]

I just checked your Twitter account and saw that you won the competition for the best mining project. First of all, congratulations to the whole team!

https://newconomy.media/market/market-challenge-recap-the-community-voting-results/

Does this mean you will get the chance to meet representatives of major investment funds?

Thank you!

Yes the wheels are already in motion, Thanks to the conference we have made several new contacts

Sounds great!

Another thing that I was wondering about: You said that the price for winning the competition was also ' free listing of the Project’s token on several trusted exchanges'. Is this also the case for your security token? I remember that you, or one from your team, once mentioned here in the thread that only a handful of exchanges can already trade security tokens.

The short answer to that at the moment is that the marketing material before the challenge hasn’t matched what was given to winning projects, however the opportunity hasn’t gone and we are working with the sponsor Neironix to resolve this issue, as soon as we have confirmation it will be published.

[Nathan01]

A good percentage of profits made by mining companies comes from BTC rewards for miners. What’s your thoughts on talks about bitcoin rewards halting ?

Around 50% will be bitcoin focussed, the rest will be GPU miners for alt coins and Eth. They will halve in a year or so but the theory is that puts the price up

Do you already have a mining farm set for operation?
If so can you kindly share video link for the thread viewers so we can see your facility?

We are a Startup, so unfortunately we have no MVP, hence the desire to raise the softcap early on to enable us to build an MVP before the end of the mainsale

That's quite understandable and hopefully you should be able to raise the needed caps to be able to run. This project is capital intensive but returns is even much more higher, I only wish coinvestors could sight the gem earlier

[Sozialtourist]

We are a Startup, so unfortunately we have no MVP, hence the desire to raise the softcap early on to enable us to build an MVP before the end of the mainsale

That's quite understandable and hopefully you should be able to raise the needed caps to be able to run. This project is capital intensive but returns is even much more higher, I only wish coinvestors could sight the gem earlier

Usually, I also prefer to have an MVP ready. But, in my opinion, in this case, it's not really that important. We are talking about a mining operation here. The only thing that would be interesting to see is how the dashboard looks like where token holders can see what monthly payout they can expect. Maybe a screenshot of this is also possible without that the mining has begun?

[MinedBlock_Paul]

We are a Startup, so unfortunately we have no MVP, hence the desire to raise the softcap early on to enable us to build an MVP before the end of the mainsale

That's quite understandable and hopefully you should be able to raise the needed caps to be able to run. This project is capital intensive but returns is even much more higher, I only wish coinvestors could sight the gem earlier

Usually, I also prefer to have an MVP ready. But, in my opinion, in this case, it's not really that important. We are talking about a mining operation here. The only thing that would be interesting to see is how the dashboard looks like where token holders can see what monthly payout they can expect. Maybe a screenshot of this is also possible without that the mining has begun?

Its funny you should mention that as we have already started designing the dashboard, we could probably leak our concept design. Let me speak with the design team and see if i can get something out there 

[MinedBlock_Paul]

A good percentage of profits made by mining companies comes from BTC rewards for miners. What’s your thoughts on talks about bitcoin rewards halting ?

Around 50% will be bitcoin focussed, the rest will be GPU miners for alt coins and Eth. They will halve in a year or so but the theory is that puts the price up

Do you already have a mining farm set for operation?
If so can you kindly share video link for the thread viewers so we can see your facility?

We are a Startup, so unfortunately we have no MVP, hence the desire to raise the softcap early on to enable us to build an MVP before the end of the mainsale

That's quite understandable and hopefully you should be able to raise the needed caps to be able to run. This project is capital intensive but returns is even much more higher, I only wish coinvestors could sight the gem earlier

Our revenue projections are certainly achievable with adequate funding and the scalability of the project will be intensively supported with larger funding.

[Sozialtourist]

We are a Startup, so unfortunately we have no MVP, hence the desire to raise the softcap early on to enable us to build an MVP before the end of the mainsale

That's quite understandable and hopefully you should be able to raise the needed caps to be able to run. This project is capital intensive but returns is even much more higher, I only wish coinvestors could sight the gem earlier

Usually, I also prefer to have an MVP ready. But, in my opinion, in this case, it's not really that important. We are talking about a mining operation here. The only thing that would be interesting to see is how the dashboard looks like where token holders can see what monthly payout they can expect. Maybe a screenshot of this is also possible without that the mining has begun?

Its funny you should mention that as we have already started designing the dashboard, we could probably leak our concept design. Let me speak with the design team and see if i can get something out there 

I think that would be a great idea. If that's possible, please show us what you got so far. Even if it's not an MVP, this could help to convince more people about your project.

[ganeshramk]

Wish your team success in raising a softcap. Would be have another bounty program or airdrop to promote your project?

As far as I hear, this project is having huge potential. Team just needs couple of private investors on board to move forward with their vision. Good luck for that.

[nxnqauff]

A good percentage of profits made by mining companies comes from BTC rewards for miners. What’s your thoughts on talks about bitcoin rewards halting ?

Around 50% will be bitcoin focussed, the rest will be GPU miners for alt coins and Eth. They will halve in a year or so but the theory is that puts the price up

I agree. ETH is also equally popular and it will stay as is for the timebeing. Lots of new platforms coming up but it will take time.

[nira09]

As far as I hear, this project is having huge potential. Team just needs couple of private investors on board to move forward with their vision. Good luck for that.

can you help me understand the potential of this project? because so far I haven't found a mining project that is going well, thanks.

[ning_aric]

https://newconomy.media/market/market-challenge-recap-the-community-voting-results/

Minedblock just won the competition and becomes the best mining project. Congratulations to the team. This would get more partners and investors present in the conference interested in Minedblock.

[dcoolguy84]

I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.

You answered yourself in first line. :-)

If you received your rewards, how come you say scam or so..
About kyc , if you think 2$ is much for such prestigious project, stay away.
Only genuine investors are needed , who won't care for 2$ but kyc.. and not some black money or negative trust people.

When reading this I was wondering if airdrop hunters also get compensated with MBTX tokens if they pay the $2 for the KYC. Or is this just an offer for people who then invest in their STO after completing KYC?

It is common Knowledge that we planned to launch an ICO in November and then changed our strategy and framework to become an STO, before the proposed project launch during the ICO we did run an Airdrop, now we could of apologised endlessly to the Airdrop participants and not reward them however we decided to still honour these participants with the ERC-20 token promised.

As the ERC-20 token will never see an exchange it will not have any monetary value and so therefore we had offered the ICO participants to SWAP their token for our ST-20 token, but they would obviously have to pass KYC.

We have had positive and negative reviews about the $2 charge but you probably have more change rattling around in your pocket? We are compensating applicants with MBTX but everything in our Business model is focused on reducing unnecessary costs to build a sustainable and profitable Mining Farm.

Obviously as we all know it is impossible to please everyone but still we try  

Great explanation sir. This not only clarifies the fog but also shows your transparency in ICO.

Change in strategy  for betterment of good outcomes for project, is always appreciated by investors.

[Sozialtourist]

As far as I hear, this project is having huge potential. Team just needs couple of private investors on board to move forward with their vision. Good luck for that.

can you help me understand the potential of this project? because so far I haven't found a mining project that is going well, thanks.

Well, first of all, it's a fully regulated security token offering. And my favourite part of this project is probably that you'd get an easy source of passive income just by holding the tokens.

[ganeshramk]

As far as I hear, this project is having huge potential. Team just needs couple of private investors on board to move forward with their vision. Good luck for that.

can you help me understand the potential of this project? because so far I haven't found a mining project that is going well, thanks.

Well, first of all, it's a fully regulated security token offering. And my favourite part of this project is probably that you'd get an easy source of passive income just by holding the tokens.

Passive income is the best part. I completely understand. but many projects promised earlier and did nothing. Since this is a STO, I hope that the project stick to their promises.