Smitty Werben Man Jensen
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COMBONetwork
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April 05, 2019, 04:37:15 AM |
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Well explained concept of Mineblock, short and simple Can this get fixed in the front page of the thread? Stay tuned, we have another video in the making to help explain POS ( Proof of Stake) & POW (Proof of Work) and how MinedBlock utilise both functions to create a profitable platform! Nice work with hit, really informative video it explained the project to the details. Keep with good work. It's true that the video is very useful because it explains the project in detail and I think it's a good step so I hope there are many projects that make videos about the project we'll see
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Sozialtourist
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April 05, 2019, 12:55:03 PM |
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Well explained concept of Mineblock, short and simple Can this get fixed in the front page of the thread? Stay tuned, we have another video in the making to help explain POS ( Proof of Stake) & POW (Proof of Work) and how MinedBlock utilise both functions to create a profitable platform! Videos are a good idea. People tend to prefer watching a short video than reading a complete whitepaper. But I'd suggest to keep the general explanation of POW and POS very short and mainly focus on the parts that have to do with your project. It will be a short video, some of the private investors have very limited knowledge and are most like me and you in which they prefer an educational animated video rather than a worded document Oh I see. If potential private investors are asking for such a video, you should definitely make it based on their previous knowledge.
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MinedBlock_Paul
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April 05, 2019, 11:13:39 PM |
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Well explained concept of Mineblock, short and simple Can this get fixed in the front page of the thread? Stay tuned, we have another video in the making to help explain POS ( Proof of Stake) & POW (Proof of Work) and how MinedBlock utilise both functions to create a profitable platform! Videos are a good idea. People tend to prefer watching a short video than reading a complete whitepaper. But I'd suggest to keep the general explanation of POW and POS very short and mainly focus on the parts that have to do with your project. It will be a short video, some of the private investors have very limited knowledge and are most like me and you in which they prefer an educational animated video rather than a worded document Oh I see. If potential private investors are asking for such a video, you should definitely make it based on their previous knowledge. That’s the plan 🙌
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ning_aric
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April 06, 2019, 09:19:53 AM |
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I like your promotions. I think they are targeted promotion and it’s giving the needed results. I once had a problem with the KYC verification process, this being my first KYC for an STO project, and I was guided appropriately by your support. You keep up with these promotions and we should soon be ready to launch soon.
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Sozialtourist
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April 06, 2019, 11:38:53 AM |
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What exactly do you mean when you say that you will utilize POS ( Proof of Stake) on your platform? Does this mean that you will also buy coins to stake them?
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pinoycash
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April 06, 2019, 11:46:03 AM |
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What exactly do you mean when you say that you will utilize POS ( Proof of Stake) on your platform? Does this mean that you will also buy coins to stake them?
Aside from traditional POW mining, They are probably gonna mine coins that has Proof of stake capability. In my understanding it will be a genesis mining combined with Proof of stake pool or hosting.
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MinedBlock_Paul
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April 06, 2019, 01:48:59 PM |
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What exactly do you mean when you say that you will utilize POS ( Proof of Stake) on your platform? Does this mean that you will also buy coins to stake them?
Aside from traditional POW mining, They are probably gonna mine coins that has Proof of stake capability. In my understanding it will be a genesis mining combined with Proof of stake pool or hosting. So would be utilising Masternodes within our setup alleviate risk and increase profits
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Sozialtourist
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April 06, 2019, 02:50:41 PM |
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What exactly do you mean when you say that you will utilize POS ( Proof of Stake) on your platform? Does this mean that you will also buy coins to stake them?
Aside from traditional POW mining, They are probably gonna mine coins that has Proof of stake capability. In my understanding it will be a genesis mining combined with Proof of stake pool or hosting. So would be utilising Masternodes within our setup alleviate risk and increase profits So with POS you are referring to masternodes? But as to my knowledge masternodes and POS isn't equivalent, right? Dash, for example, which is probably the most known masternode, is POW.
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MinedBlock_Paul
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April 06, 2019, 03:28:34 PM |
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What exactly do you mean when you say that you will utilize POS ( Proof of Stake) on your platform? Does this mean that you will also buy coins to stake them?
Aside from traditional POW mining, They are probably gonna mine coins that has Proof of stake capability. In my understanding it will be a genesis mining combined with Proof of stake pool or hosting. So would be utilising Masternodes within our setup alleviate risk and increase profits So with POS you are referring to masternodes? But as to my knowledge masternodes and POS isn't equivalent, right? Dash, for example, which is probably the most known masternode, is POW. Proof of stake (aka POS) cryptos has many technical benefits but apart from that some proof of stake cryptos also give different economic benefits/dividends to its HODLers by giving them the option of running a masternode or staking their coins in a stake-able wallet
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MinedBlock_Paul
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April 06, 2019, 03:37:06 PM |
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ganeshramk
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April 06, 2019, 05:49:21 PM |
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Nice to remind these elements of the minedblock project. This is the first ITO I am following. Lets see how this will progress in the near future..
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nxnqauff
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PG-PAY Gold Backed Token
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April 06, 2019, 06:06:54 PM |
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Thanks for sharing this video. I was looking for such things for long time now. This helps.
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MinedBlock_Paul
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April 06, 2019, 09:32:52 PM Last edit: April 06, 2019, 11:04:52 PM by MinedBlock_Paul |
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We are still awaiting our latest animation but as soon as we have it you will be informed!
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MinedBlock_Paul
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April 06, 2019, 10:37:32 PM Last edit: April 07, 2019, 10:56:55 AM by MinedBlock_Paul |
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We believe that we can compound information with an infographic, i hope this works for you all and if you have any specific concerns we can try and facilitate in this method to aid comprehension
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Sozialtourist
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April 07, 2019, 11:07:03 AM |
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Your sale will run until the end of May, right? So let's assume you will only reach your softcap at that time. How long do you think would you need from that point (or let's better say the moment you are reaching your softcap) until your mining operation can start? Are we talking here about weeks or months?
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MinedBlock_Paul
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April 07, 2019, 11:22:32 AM Last edit: April 07, 2019, 01:14:51 PM by MinedBlock_Paul |
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Your sale will run until the end of May, right? So let's assume you will only reach your softcap at that time. How long do you think would you need from that point (or let's better say the moment you are reaching your softcap) until your mining operation can start? Are we talking here about weeks or months?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up. You can take a look at the Roadmap, found on our website https://www.minedblock.iohttps://i.imgur.com/S3rAVMg.png
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Sozialtourist
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April 07, 2019, 04:49:57 PM |
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Your sale will run until the end of May, right? So let's assume you will only reach your softcap at that time. How long do you think would you need from that point (or let's better say the moment you are reaching your softcap) until your mining operation can start? Are we talking here about weeks or months?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up. You can take a look at the Roadmap, found on our website https://www.minedblock.ioWhen you decide to buy an already operational farm, I assume it means you'd also take over their miners? Are these the latest ASIC miners on the market then? I guess you'd only get the most possible profit with the newest mining equipment?
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MinedBlock_Paul
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April 07, 2019, 04:53:19 PM |
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Your sale will run until the end of May, right? So let's assume you will only reach your softcap at that time. How long do you think would you need from that point (or let's better say the moment you are reaching your softcap) until your mining operation can start? Are we talking here about weeks or months?
If we choose to setup our farm from scratch we anticipate 6-15 weeks, but we are in talks about the initial purchase of an already operational farm in our preferred location to speed this process up. You can take a look at the Roadmap, found on our website https://www.minedblock.iohttps://i.imgur.com/S3rAVMg.pngWhen you decide to buy an already operational farm, I assume it means you'd also take over their miners? Are these the latest ASIC miners on the market then? I guess you'd only get the most possible profit with the newest mining equipment? This would be only an entry into the market at a fraction of the cost to enable an instant return whilst the operation was modernised and expanded but at the fraction of the initial startup costs
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ganeshramk
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April 07, 2019, 10:31:06 PM |
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[/quote]
This would be only an entry into the market at a fraction of the cost to enable an instant return whilst the operation was modernised and expanded but at the fraction of the initial startup costs [/quote]
This is nice initiative. But still I did get where you exactly same of you start with existing solution in case of mining?
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