MinedBlock MinedBlock

Cryptocurrency
MinedBlock offers the opportunity for investors to take advantage of using the resources from a large scale mining operation, mining multiple coins without the need to buy, configure and maintain expensive mining equipment.

The MinedBlock (MBTX) token is an ERC-20 token based on the Ethereum blockchain. The token is non-mintable and, therefore, will be limited in supply.

When the mining service goes live holders will be required to register their token wallets in our user dashboard. The dashboard will allow customers to monitor the mining operation, with information such as hash rates being achieved and earnings to date.

At the end of each calendar month 75% of mined revenue will be responsibly sold for ETH and will be distributed between registered token holders to their ETH wallets.
Details
General
Country
United Kingdom
Website
Whitepaper
Token info
Token
MBTX
Available for sale
365000000 MBTX
Financial
ICO price
1 MBTX = 0.15 USD
Accepting
BTC, ETH, LTC, USD, EUR, BCH
Softcap
3500000 USD
Hardcap
35000000 USD
Distributed
9125 %
Minimum
300 USD
About
MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation without the need to buy, configure and maintain expensive mining equipment. We will offer a fully managed mining service where you can rely on our team to look after the equipment and ensure they are working at maximum productivity 24/7 with the lowest operating costs. We will create a dedicated mining facility which focuses on mining multiple coins from within the top 50 by market cap to ensure a diverse range of revenue streams for customers to benefit from. Through the proposed large scale operation, we will help improve the decentralisation of coins where there are already large pools dominating the hash rates of popular coins. MinedBlock will also be working towards decentralisation within our own network through global distribution of our mining data centres.
Transparency One of MinedBlock’s key principles is providing transparency for our customers. We will be completely open with our plans, ongoing progress and revenue production. Live dashboards will be produced and available via our website to show current hashrates across all currencies being actively mined along with details of revenue per MBTX token to allow customers to project potential earnings by using our service. We want to shape our projects future based on feedback from our customers so will we actively engage via multiple social channels, weekly email updates will be provided and we will return customer queries as soon as we can.
Team
Matt Ruff
Marketing Director
Greg Wales
Managing Director
Paul Bishop
Operations Director
Milestones
Q1 2018
Project Concept Developed
Q2 2018
Whitepaper Written Company Name and Branding Defined
Q3 2018
Website and Social Channels Launched Whitepaper Released Token Sale Announced Token Sale Starts Airdrop and Bounty Schemes Revealed
Q4 2018
Initial ASIC and GPU Orders Placed Datacenter Spaces Agreed
Q1 2019
Mining Farm Builds Mining Begins Exchange Listings
Q2 2019
Token Sale Ends Final ASIC and GPU Orders Placed
Q3 2019
Revenue Distribution Begins Token Buy Back Starts
Q4 2019 and Beyond
Solar Farm Feasibility Study Hosted Mining Service TBC
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