Hello friends. Again, we are here with a new technology that will make our lives easier and offer new opportunities.
Trade is the most impressive interaction between smart and social people. Since the beginning of human history has been engaged in trade. Trade is something we must apply to keep our lives alive today. Thanks to the trade, we can meet many of our needs because our lives are almost all taken care of. In the past, people used the trading method for TRADE and then introduced many innovations in the trade with the invention of money. For example, we need materials for cooking and we can supply these materials from markets.
What is Mining?
Cryptocurrency Mining is a computerised process which decrypts transaction blocks. When a miner processes or finds a block a few things happen: • Pending transactions are processed resulting in a transaction fee for the miner • New crypto assets are minted and awarded to the miner or pool of miners •
The next link in the chain is sealed and confirmed throughout the blockchain creating a permanent record of the transactions and the new generated assets In the early days it was possible to mine with any standard laptop or desktop but as technology has evolved and the blockchain difficulty has increased miners now need to use specialised mining rigs or devices. These fit into 2 categories: GPU Mining Rigs Graphics Processing Units (GPU) or graphics cards, as they are more commonly known, perfectly suit the processing power needed to run the complex calculations to solve ‘blocks’.
Mining and MinedBlock
Digital currencies became even more popular after the introduction of powerful graphics cards and the high value of Bitcoin. Ethereum (ETH) is a very popular digital currency recently. Ethereum, which causes companies to run out of stocks, is attracting more and more people.
Now there is a project in mining that will give a new perspective. Mined block token (MBTX))
MinedBlock wants to bring innovation to the crypto community so everyone can mining. Buying large quantities of mining equipment will help them achieve the best discounts.
They aim to build a large mining facility to serve mine owners. By accessing places where renewable energy prices are very low due to electricity costs, they will solve the problem of making the best profit from mining. Therefore, they will increase the share of mining.
Safed and 100% Transparency
MinedBlock have stated they will take full responsibility for maintaining, replacing and expanding the physical assets and also any costs incurred beyond that of the revenue generated in the unlikely event that the service becomes un-profitable.
ICO details
Token Supply
The total supply of MBTU tokens will be capped at 200,000,000
Initial Exchange Offering — 115,000,000
Public Airdrop — 10,000,000
Bounty Campaign — 10,000,000
Airdrop to MBTX Holders — 30,000,000*
Team/Reserve — 35,000,000**
Token price will be $0.10 per MBTU
https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
bounty0x username: germandivision
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