MinedBlock is a Fintech Crypto Mining & Infrastructure Service Provider that specialize in transaction processing, or ‘mining’, for crypto currency transactions. The ‘Parent’ company MinedBlock Limited owns all of assets, infrastructure and operation while the ‘Subsidiary’ company will run services.
A lot of problems has affected mining companies. MinedBlock has plans to raise funding which will be used to build a corporate-scale mining operation. Our investors can rely on our team to look after the equipment and ensure they are working at maximum productivity 24x7 with the lowest operating costs.
MinedBlock 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.
Over the last decade; the popularity, use case and validity of Bitcoin and other cryptocurrencies has grown beyond the ability of most people to stay involved with mining. Whilst the exchange/brokerage side of the crypto ‘industry’ has evolved and firmly established leaders such as Coinbase or Binance, there isn’t really a comparable entity in the mining arena. Bitmain is probably the biggest but they are primarily a hardware manufacturer and don’t focus solely on transaction processing.
Their remit is limited to the range of assets that they can mine using the hardware they manufacture and own. During the 2018 ‘crypto bull’ market, many mining companies appeared but failed to properly prepare for the event of a downturn and in the ‘bear’ market in the latter half of 2018 have disappeared. At the point in December 2017 where Bitcoin price peaked at $20,000 the blockchain couldn’t cope with the sheer volume of transactions and the fees were astronomical. Transactions were taking over 2 hours and costing up to $40 in fees. The total crypto market value is still relatively low at the moment, so the opportunity is ripe for MinedBlock to establish ourselves as a company bringing a corporate approach to the crypto mining industry. By establishing ourselves while the crypto market value is lower, we are protecting ourselves and our investors against any potential future downturns.
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for more info, visit: https://www.minedblock.io/
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