Cryptocurrency mining, is a means where by transactions of various forms of crypto currencies are verified and then added to the digital ledger of blockchain. cryptocurrency mining activity has increased in as much as cryptocurrency usage itself has increased and grown at a fast rate in the last few years.
As crytocurrency has grown in popularity it is expedient that cryptominers should also know that, competition in crypto minning has also increased noticeably as it now includes structured organizations and big enterprises in possession of more sophisticated and expensive resources than what most individuals can now compete with
In early stage of cryptocurrency crypto mining was a unique way of getting or owning crypto token as it was much easier to mine at that point in time due to the fact crypto was not as popular as it is now. Fast forward to this present time where many institutions and cooperate bodies has discovered that crypto minning is a lucrative way of getting crypto token, many has now been involved in crypto mining process there by owning large crypto mining farms. Which has now made it less profitable ans hard for individual miners with low mining equipment to make something meaningful from minning crypto tokens.
Like any other aspect of Cryptocurrency the minning aspect is also finding its own difficulty, from the high cost of computing power which makes it difficult for individual miners to keep up and maximize profit from crypto mining, the electricity consumption cost which normally consumes most of the profit realised from the minning process which has made it ess profitable for individual miners as they spend most of their profit on electricity bills
In order to ensure that investors makes good profit from crypto mining it is expedient that all related problems listed above are attended to. There is no other capable team to provide this solution than the minedblock team which are experienced professionals with this concept.
ABOUT MINEDBLOCK
MinedBlock is a well desingned innovative blockchain mining project that will develop a dedicated mining facility which will focuses on mining multiple coins from within the top 50 coin by market cap this is this wa so as to ensure an effective way of revenue streams for investors to utilize. MinedBlock happens to be the first STO crypto mining farm, this will help to reduce fraudulent transactions.
After sales and funds have been raised the developers promise to use the proceeds from the sales to buy minning equipment for the minning process.
From the above listed problems faced by miners of crypto it is so evident that electricity is high influential factor that affects the profit of investors, minedblock move to solve this problem invlove the team to use green energy which is a big one form the team. The use of green energy will be beneficial on two sides as it will cut down cost of electricity and it will also be friendly to the environment also. To that effect minedblock farm will be situated in iceland which will be favourable for their plans.
Minedblock team have their investors at heart as they provide them with a means to earn 75%of the profits made from the entire mining farm, of which the remaining 25% wil be directed towards improving the mining farm which includes a buy back so as to improve liquidity and protect the price of their token from dumping, which is a win win situation for investors.
CONCLUSION
With the possession of the minedblock token investors has the privilege of being part of the decision making process that will uplift the platform. Minedblock wi mine two diffrent coins simultaneously at thesame farm which will reduce risk and increase profit for investors. Minedblock team has the investors at heart so well and this platform promises to be one investors will benefit a great deal from
For more information visit:
WEBSITE: https://www.minedblock.io
TELEGRAM: https://t.me/minedblockofficial
WHITEPAPER:https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf
ANN THREAD:https://bitcointalk.org/index.php?topic=5108768.0
FACEBOOK:https://www.facebook.com/minedblock
TWITTER:https://www.twitter.com/mined_block
MEDIUM: https://medium.com/@MinedBlock
REDDIT: https://www.reddit.com/r/minedblock
LINKEDIN:https://www.linkedin.com/company/minedblock
Bounty 0x username: Lynks