[ANN] - MinedBlock - Pre-Sale Live Now! - AIRDROP - BOUNTY - page 9.

nxnqauff

member

Activity: 840

Merit: 17

PG-PAY Gold Backed Token

Quote from: Geraldo on November 20, 2018, 03:51:42 PM

while going through the white paper of minedblock, I realized they are more into mining as some part of the funds realized from the ICO sale will be used for mining. How then do investors hope to make tangible gains considering the recent recession being faced by the cryptocurrency world.

Crypto is there to stay. Soon everybody will be there in crypto. It needs some regulations for sure to kill the whole scammers. Then crypto will rule the world and it might take another 3-5 years. By then everybody will look for tokens like minedblock.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: Getadaaa on November 21, 2018, 11:05:49 AM

They would give 75% of mined tokens converted to eth and distributed to all holders of minedBlock. It’s stared on the website. That would mean they would hold 25% of mined tokens.
How about maintainance of the facility? And electricity? Would 25% of mined tokens always be able to pay for that?

Interesting fact and it should be known to many people especially who wants to mine cryptos. btw, where is their facility? Is it already up and running?

ning_aric

full member

Activity: 826

Merit: 102

MinedBlock project looks realistic. Giving out payments monthly from mining profit using a smart contract and based on a percentage could work out. If the value of btc is low or gets high, payment would still be done. Unlike mostly facilities that promise theoretical profit and wouldn’t deliver.

Getadaaa

jr. member

Activity: 448

Merit: 3

Quote from: chan001 on November 21, 2018, 10:23:46 AM

Quote from: AngelJoshua on November 21, 2018, 10:00:42 AM

Quote from: Geraldo on November 21, 2018, 02:28:14 AM

most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?

I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project.

I don't see any percent of revenue sharing mentioned, but I have not checked all the documents as of now. If I see any such information, I will update here.

They would give 75% of mined tokens converted to eth and distributed to all holders of minedBlock. It’s stared on the website. That would mean they would hold 25% of mined tokens.
How about maintainance of the facility? And electricity? Would 25% of mined tokens always be able to pay for that?

Ace44

member

Activity: 672

Merit: 11

Quote from: Nathan01 on November 20, 2018, 02:00:18 PM

Right now BTC confirmation is not smooth due to the fact that BTC is trading below the cost of mining and electricity, what do you do in this situation? How do you manage this?

Yea, that's a good question and i will also love to know how they intend to battle with such, not to mention the high volatility of the cryptocurrency market,what happens to the profit revenue when the market goes below as we are experiencing?, i remember a friend of mine stating that he spent hours online before he could get a confirmation from his transaction

chan001

jr. member

Activity: 280

Merit: 1

Quote from: AngelJoshua on November 21, 2018, 10:00:42 AM

Quote from: Geraldo on November 21, 2018, 02:28:14 AM

most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?

I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project.

I don't see any percent of revenue sharing mentioned, but I have not checked all the documents as of now. If I see any such information, I will update here.

AngelJoshua

member

Activity: 630

Merit: 10

Quote from: Geraldo on November 21, 2018, 02:28:14 AM

most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?

I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project.

justsimpleram

jr. member

Activity: 462

Merit: 1

Quote from: em777 on November 20, 2018, 05:49:41 PM

Quote from: Geraldo on November 20, 2018, 04:50:36 PM

Quote from: Cnote112 on November 20, 2018, 01:55:35 PM

I learnt your ICO was a success, what was your soft cap set at?

exactly my point, there is nothing as sweet as transparency. I would also love that the team make a transparent report on their website or other medium on the progress of the pre ico and the general activities of the project, so that investors won't be in the dark.

yeah, the investors would want to get clear information as regards the workings of the team and the level of progress the project is experiencing, the team should see to that

One of the things they need to do right away for the betterment of their project is that more investors will stay and go to their project. But I think they can also do it because it is also one of the interests of investors to see

ibininja

member

Activity: 490

Merit: 10

Quote from: CrypticBabe on November 21, 2018, 09:00:06 AM

Quote from: gee777 on November 20, 2018, 09:54:23 AM

Quote from: CrypticBabe on November 20, 2018, 09:25:59 AM

I see MinedBlock will be setting up a Minning Facility from the Money they Rise from ICO.
So what's in it there for a Investor for investing in your exchange ?

they have a good idea. although we have seen a lot of mining projects fall this year due to the inability to raise funds and maintain their facilities.I would advice them to also look for private investors to invest in the project. that way they will be safe.

After checking the website i understood they will be distributing profits as reward to token Holder!
I dont know how they will be guaranteeing the Reward!

What do you mean?
Based on my understanding whatever they make they will share the percentage set which is 75% so regardless of the generated sum or the price of the mined token the distribution is set according to the 75% of the return.

CrypticBabe

jr. member

Activity: 420

Merit: 2

Quote from: gee777 on November 20, 2018, 09:54:23 AM

Quote from: CrypticBabe on November 20, 2018, 09:25:59 AM

I see MinedBlock will be setting up a Minning Facility from the Money they Rise from ICO.
So what's in it there for a Investor for investing in your exchange ?

they have a good idea. although we have seen a lot of mining projects fall this year due to the inability to raise funds and maintain their facilities.I would advice them to also look for private investors to invest in the project. that way they will be safe.

After checking the website i understood they will be distributing profits as reward to token Holder!
I dont know how they will be guaranteeing the Reward!

RyCriptoC

jr. member

Activity: 238

Merit: 1

Quote from: faulerwilli on November 21, 2018, 07:28:18 AM

Quote from: bartolomeo on November 21, 2018, 07:05:20 AM

Quote from: Getadaaa on November 21, 2018, 06:25:57 AM

Quote from: chan001 on November 21, 2018, 04:53:52 AM

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

its so hard to find a good project in early stage, and i am happy to find this thread so early so i can monitor all the progress and development of this project, and since the team is so active responding to questions most of the member here to keep the project continue to get some attention in some reason beside from posting in their other social media account.
I just cant wait to see the whole facility of their mining firm

the best thing about having discovered this project so early is probably the bonus you get at the moment you participate in the presale. At the moment this is still 90% bonus, very lucrative

This is very hard time for any project/ICO and any new project needs to do smart marketing to attract investors. Instead of offering huge bonuses they need to build confidence in the project by taking care of safety, security of the funds. Assuring return on investment/tokens holders benefit.

Kinkadeinspired

copper member

Activity: 644

Merit: 1

Quote from: ibininja on November 21, 2018, 05:21:12 AM

Quote from: Kinkadeinspired on November 21, 2018, 04:26:51 AM

It is the 4th quarter of 2018 and according to the roadmap, the initial Asic and GPU orders will be placed and Data center spaces agreed. I want to know if this has been done and if yes, when do we expect them to arrive?

I think that is going to happen after the ICO given they would want to get the funds first and then buy the equipment or the hardware. it woudn't make much sense buying it this early.

I would like to believe that the team did every due diligence before going forward, saying it makes no sense to buy equipment early doesn't add up. According to the roadmap that is the stage they should be in so I just wanted to be updated on it from the team.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: bartolomeo on November 21, 2018, 07:05:20 AM

Quote from: Getadaaa on November 21, 2018, 06:25:57 AM

Quote from: chan001 on November 21, 2018, 04:53:52 AM

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

its so hard to find a good project in early stage, and i am happy to find this thread so early so i can monitor all the progress and development of this project, and since the team is so active responding to questions most of the member here to keep the project continue to get some attention in some reason beside from posting in their other social media account.
I just cant wait to see the whole facility of their mining firm

the best thing about having discovered this project so early is probably the bonus you get at the moment you participate in the presale. At the moment this is still 90% bonus, very lucrative

Pricebrianer

jr. member

Activity: 364

Merit: 3

Quote from: Geraldo on November 21, 2018, 02:28:14 AM

most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?

I haven’t gone so deep into mining. But it’s all about transparency in all we do right?
That’s what Blockchain adoption into mining like minedBlock is going to get us. If the got a plan to show the number of btc mined daily from the farm. Also they could tell us the location of the facility.

bartolomeo

jr. member

Activity: 114

Merit: 1

Quote from: Getadaaa on November 21, 2018, 06:25:57 AM

Quote from: chan001 on November 21, 2018, 04:53:52 AM

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

its so hard to find a good project in early stage, and i am happy to find this thread so early so i can monitor all the progress and development of this project, and since the team is so active responding to questions most of the member here to keep the project continue to get some attention in some reason beside from posting in their other social media account.
I just cant wait to see the whole facility of their mining firm

ethtrader16

copper member

Activity: 658

Merit: 0

Empowering crypto w/ sustainable energy

Quote from: Getadaaa on November 21, 2018, 06:25:57 AM

Quote from: chan001 on November 21, 2018, 04:53:52 AM

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

They don't have telegram channel? Because of this thread is not enough to get reply of our questions and queries.

Getadaaa

jr. member

Activity: 448

Merit: 3

Quote from: chan001 on November 21, 2018, 04:53:52 AM

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early.
I think the team should keep up with the reply, while I get all the details.

ibininja

member

Activity: 490

Merit: 10

Quote from: Kinkadeinspired on November 21, 2018, 04:26:51 AM

It is the 4th quarter of 2018 and according to the roadmap, the initial Asic and GPU orders will be placed and Data center spaces agreed. I want to know if this has been done and if yes, when do we expect them to arrive?

I think that is going to happen after the ICO given they would want to get the funds first and then buy the equipment or the hardware. it woudn't make much sense buying it this early.

Corleone100

newbie

Activity: 238

Merit: 0

Quote from: AngelJoshua on November 20, 2018, 06:12:10 PM

Quote from: Zurcermozz on November 20, 2018, 10:23:55 AM

Quote from: ibininja on November 20, 2018, 07:03:45 AM

Quote from: basil-usa on October 17, 2018, 08:17:29 AM

Quote from: eleonora0x on October 17, 2018, 08:10:03 AM

Quote from: basil-usa on October 17, 2018, 08:05:41 AM

Quote from: velona-lee on October 17, 2018, 07:57:05 AM

Quote from: basil-usa on October 17, 2018, 07:50:15 AM

Quote from: velona-lee on October 17, 2018, 06:10:27 AM

Quote from: basil-usa on October 17, 2018, 05:57:38 AM

Quote from: velona-lee on October 17, 2018, 05:49:50 AM

Hey there guys. Found your project serfing the web, just joined, can you clarify the main idea/concept please?

Greetings Velona! In few words, 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

But there is much more they are bringing Wink

Oooh ok, this sounds promising. And what will be mined throughout their "platform"?

Sorry for a little delay, had a meeting at office Wink

They 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 Wink

This sounds quite promising! And can you help me with a token structure, please? Of course, in case you are aware of it

Yeah, sure! What exactly are you mostly interested in?

Wondering about the total supply and softcap

Thanks in advance

There are 400,000,000 tokens available in total, from which 91% will be sold during the ICO

And soft is $3,500,000! But I believe that with such an interesting idea softcap will be collected quite fast Roll Eyes

The market is really scary as of now. Not sure if it is the fall before the rise or something else. It is going to be a tough time for ICOs. For minedblock the softcap seems quite achievable and I think they have a better chance raising funds from private investors.

Yeah, agree on you, because of the market keeps collapsing, a lot investor are getting scared to invest on something because it may turn out to be a failure, I wish that the project find a suitable investor.

That's right, One of the possible factor or reason now why the project will going to fail is because of the market current situation but I hope that their team will not going to think about the failure instead make an alternative way to survive on this situation.

Having an alternative during this bad market situation is a bright idea, if they can handle this tough times and scale through. I think it will change the perspectives of investors to invest in minedblock.

chan001

jr. member

Activity: 280

Merit: 1

It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.

Topic: [ANN] - MinedBlock - Pre-Sale Live Now! - AIRDROP - BOUNTY - page 9. (Read 2884 times)