Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 14. (Read 8722 times)

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

5K USD for electricity is quite high. But still this is also dependent on how big your facility is. People are preferring Arab countries for some reasons. May be they have cheap electricity and regulations are easy?
[/quote]

I believe is more of support than cheap electricity because the cost of maintaining crypto mining is quite exorbitant, this can be attributed to the immense power or amount of electricity needed to get things up and running, some are seeking other ways of taking care of that, such as bio-fuel an all that but still the maintenance is on the high side

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: champ005 on July 11, 2019, 11:02:25 PM

Quote from: Nathan01 on July 11, 2019, 06:10:01 PM

Quote from: kriszz50983 on July 09, 2019, 10:42:06 AM

IEO first phase will start from 22nd July, but before that make sure everyone who want to buy minedblock tokens pass the KYC. KYC is mandatory for all buyers.

KYC

Could be a really huge hindrance, KYC have never been attractive to both users and investors. Could team reconsider this

KYC should be there. This is to prevent money laundering cases. And this gives additional confidence in the project as well.

Isn't money laundering laws suppose to be effective when you move actual funds like Fiat or already established coins like Ethereum and Bitcoin and not a new token in the blockchain like Minedblock?

Sounds to be an interesting point but can you elaborate it how new tokens are different from the ETH and BTC when it comes to money laundering?

One difference is that they are not traded yet. The fact that new token do not have fiat value do not make it attractive for money laundry unless I'm not getting my fact correct.

Getadaaa

jr. member

Activity: 448

Merit: 3

Quote from: MinedBlock_Paul on June 24, 2019, 06:31:11 PM

https://twitter.com/mined_block/status/1143234815866671104?s=21

Coming SOON, the next step of our Initial Exchange Offering (IEO)
Stage 1 will run from the 22nd to the 28th July.
Stage 2 will run from the 5th to the 18th August.
Stay tuned as we release more information and exchange details over the coming days:

I’m having difficulty with KYC verification on your website. What’s the new exchange for your IEO? Do I need to KYC on your IEO exchange?

Anilbg

jr. member

Activity: 406

Merit: 2

Quote from: ganeshramk on July 12, 2019, 02:21:27 AM

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

5K USD for electricity is quite high. But still this is also dependent on how big your facility is. People are preferring Arab countries for some reasons. May be they have cheap electricity and regulations are easy?
[/quote]

Not sure if it's due to low electricity charges but it might be due to tax as well. Arab countries have less tax or no tax which makes business more profitable.

Lizcrypto

jr. member

Activity: 98

Merit: 1

Quote from: kriszz50983 on July 09, 2019, 10:42:06 AM

IEO first phase will start from 22nd July, but before that make sure everyone who want to buy minedblock tokens pass the KYC. KYC is mandatory for all buyers.

KYC

Could be a really huge hindrance, KYC have never been attractive to both users and investors. Could team reconsider this

KYC should be there. This is to prevent money laundering cases. And this gives additional confidence in the project as well.

am agree with your opinion...it’s particularly important for financial institutions and KYC is to help companies ensure they know who they are doing business with and keen to stop the increasingly sophisticated financial crimes so kyc shouldn’t be a problem

ning_aric

full member

Activity: 826

Merit: 102

Quote from: Zurcermozz on July 12, 2019, 12:04:36 AM

Quote from: kriszz50983 on July 11, 2019, 11:38:18 PM

Since we are discussing about mining cost I want to know where minedblock is going to setup their mining facility? Not sure if this was already announced by team or not.

As far as i know they will setup this in Siberia where the weather can support the too much heat and the electricty cost is less

I can’t find that on the whitepaper. Minedblock would need a good location for a mining facility. They should have a public announcement where that would be. I’m pretty sure every investor would want to keep that in mind while making a research.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.
[/quote]

5K USD for electricity is quite high. But still this is also dependent on how big your facility is. People are preferring Arab countries for some reasons. May be they have cheap electricity and regulations are easy?

Anilbg

jr. member

Activity: 406

Merit: 2

Quote from: Zurcermozz on July 12, 2019, 12:04:36 AM

Quote from: kriszz50983 on July 11, 2019, 11:38:18 PM

Quote from: champ005 on July 11, 2019, 10:20:33 AM

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

I just googled it to check current mining cost of BTC. I don't get clear answer but it's still around 5K we can say. May not be profitable for individuals people but a project like minedblock can generate good returns.

Since we are discussing about mining cost I want to know where minedblock is going to setup their mining facility? Not sure if this was already announced by team or not.

As far as i know they will setup this in Siberia where the weather can support the too much heat and the electricty cost is less
[/quote]

Oh so in Siberia electricity is cheaper? Also what about weather conditions and is it good place for people to leave a good life? I am thinking from project operation prospective.

Zurcermozz

member

Activity: 560

Merit: 16

Quote from: kriszz50983 on July 11, 2019, 11:38:18 PM

Quote from: champ005 on July 11, 2019, 10:20:33 AM

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

I just googled it to check current mining cost of BTC. I don't get clear answer but it's still around 5K we can say. May not be profitable for individuals people but a project like minedblock can generate good returns.

Since we are discussing about mining cost I want to know where minedblock is going to setup their mining facility? Not sure if this was already announced by team or not.
[/quote]

As far as i know they will setup this in Siberia where the weather can support the too much heat and the electricty cost is less

kriszz50983

jr. member

Activity: 140

Merit: 1

Quote from: champ005 on July 11, 2019, 10:20:33 AM

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

I just googled it to check current mining cost of BTC. I don't get clear answer but it's still around 5K we can say. May not be profitable for individuals people but a project like minedblock can generate good returns.

[/quote]

Since we are discussing about mining cost I want to know where minedblock is going to setup their mining facility? Not sure if this was already announced by team or not.

champ005

newbie

Activity: 126

Merit: 0

Quote from: Nathan01 on July 11, 2019, 06:10:01 PM

Quote from: kriszz50983 on July 09, 2019, 10:42:06 AM

IEO first phase will start from 22nd July, but before that make sure everyone who want to buy minedblock tokens pass the KYC. KYC is mandatory for all buyers.

KYC

Could be a really huge hindrance, KYC have never been attractive to both users and investors. Could team reconsider this

KYC should be there. This is to prevent money laundering cases. And this gives additional confidence in the project as well.

Isn't money laundering laws suppose to be effective when you move actual funds like Fiat or already established coins like Ethereum and Bitcoin and not a new token in the blockchain like Minedblock?

Sounds to be an interesting point but can you elaborate it how new tokens are different from the ETH and BTC when it comes to money laundering?

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: kriszz50983 on July 09, 2019, 10:42:06 AM

IEO first phase will start from 22nd July, but before that make sure everyone who want to buy minedblock tokens pass the KYC. KYC is mandatory for all buyers.

KYC

Could be a really huge hindrance, KYC have never been attractive to both users and investors. Could team reconsider this

KYC should be there. This is to prevent money laundering cases. And this gives additional confidence in the project as well.

Isn't money laundering laws suppose to be effective when you move actual funds like Fiat or already established coins like Ethereum and Bitcoin and not a new token in the blockchain like Minedblock?

champ005

newbie

Activity: 126

Merit: 0

Quote from: kriszz50983 on July 11, 2019, 09:51:37 AM

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.
[/quote]

I just googled it to check current mining cost of BTC. I don't get clear answer but it's still around 5K we can say. May not be profitable for individuals people but a project like minedblock can generate good returns.

kriszz50983

jr. member

Activity: 140

Merit: 1

Quote from: ganeshramk on July 10, 2019, 07:55:29 AM

Quote from: Smitty Werben Man Jensen on July 10, 2019, 05:09:08 AM

Team is very communicative. I think marketing team is picking up speed in sending emails about kyc, IEO etc. I personally think they should also send promotional content in email to reach out to people.

What is certain is that everyone is expected to be communicative with his team because then communication between the team and the community will also be well established and this is a positive thing

This project is a very good example of very efficient and transparent team. They communicate each and every thing here as well as in other social media platforms.

What is the current average cost of BTC mining now? Current price is well over 10k USD so I want to check how much profit will be there for mining BTC.
[/quote]

BTC mining cost depends mainly on electricity. This cost is different from country to country. But I think current cost for mining is not above 5k USD.

Anilbg

jr. member

Activity: 406

Merit: 2