MinedBlock (MBTX) ICO

updated 25 September 2018

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.

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Status: upcoming
Presale: 01 Oct`18-31 Oct`18
Public sale: 01 Nov`18-30 Apr`19
Cap: 30 000 000 USD
Goal: 3 500 000 USD
Price: 1 MBTX = 0.15 USD
Blockchain: Ethereum
Offering type: Utility
Country: United Kingdom of Great Britain and Northern Ireland
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Overview

 

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 thing that is hugely important to MinedBlock for our customers within the “cryptosphere” is the level of transparency we will offer. 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.  

 

Benefits for Token Holders

 

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, 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.

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