Ongoing ICOApr 01, 2019 – May 31, 2019
MinedBlock’s aim is to redefine how customers can benefit from hosted mining services instead of the current hidden cloud mining offerings.
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Mining activities will be continuously monitored and switched between coins when the difficulty and success rates fluctuate. The ultimate goal will be to maintain maximum efficiency at all times.
Mining equipment will be regularly resold and replaced. There will be a split between suppliers of ASIC miners to prevent any kind of centralisation and to increase diversity available for customers to utilise.
MinedBlock will evaluate whether mining as part of an existing mining pool or being reliant on our own hash rate output is the most effective to produce coins.
MinedBlock will utilise a mixture of ASIC units alongside Custom Built GPU Mining Rigs.
Electricity costs and climate are the key considerations for choice of location as well as considering the political attitude of hosting Countries towards crypto mining, the last thing we would want it to build a mining farm somewhere and then it become a restricted activity.
The first phase of our Mining Farm build will be using ASIC Bitcoin and Bitcoin Cash mining units as they are built ready to use. These will be hosted from a facility in Iceland where the climate and electricity costs are favourable.
Our GPU mining rigs will be built, configured and run from the United Kingdom initially to ensure they are reliable and easy to manage remotely before moving them to a facility in either Iceland, Canada or Sweden.
Adapting to Change
Mining cryptocurrency isn’t as simple as ‘plug and play and walk away’, the team at MinedBlock will constantly be monitoring our mining activities and evaluating where we could switch the miners to an alternative currency to increase profitability. Upcoming updates and forks will also be monitored to ensure we are always ready to adapt.
MinedBlock has two key priorities following the initial Implementation plan to increase the potential Return on Investment for our Token Holders:
Increasing our output
Reducing our costs
ICO DetailsPre-ICO token supply: 60,000,000 MBTX
ICO token supply: 305,000,000 MBTX
Soft cap: 1,000,000 USD
Hard cap: 15,000,000 USD
LegalICO Platform: Ethereum/Polymath
Registration country: United Kingdom
Office address: 130 Old Street, London, EC1V 9BD
Token infoTicker: MBTX
Token price in USD: 1 MBTX= 0.15 USD
Accepted currencies: BTC, POLY, ETH, Fiat
Pre Sale Stage 1: 90% discount
Pre Sale Stage 2: 85% discount
91.25% - Pre-Sale
3.75% - Founders
3.37% - Retained
1.25% - Airdrop
0.38% - Airdrop
80% - Mining Equipment
10% - Datacenter Build
10% - Reserve
Offices on the map
MinedBlock STO Roadmap
Project Concept Developed
Company Name and Branding Defined
Website and Social Channels Launched
Token Sale Announced
Token Sale Starts
Airdrop and Bounty Schemes Revealed
Initial ASIC and GPU Orders Placed
Datacenter Spaces Agreed
Mining Farm Builds
Token Sale Ends
Final ASIC and GPU Orders Placed
Revenue Distribution Begins
Token Buy Back Starts
Solar Farm Feasibility Study
Hosted Mining Service
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