⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 48.

Anilbg

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Quote from: Sozialtourist on April 18, 2019, 01:31:12 PM

Quote from: Nathan01 on April 18, 2019, 11:12:20 AM

Quote from: Anilbg on April 18, 2019, 05:12:41 AM

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

I complete doubt this. From my experience in the blockchain I came to realize that mining is a very expensive process. I'll need a breakdown of expenses to really ccept that 10% would be enough or probably it's just a face value thing since it hasn't been tested or implemented

The 75% they share with token holders is part of the profit they make from mining. So I guess the electricity cost is already paid and not part of the operational costs.

Got it. Thanks guys for clarification. I was confused with the word revenue. BTW, are they going to purchase electricity at any special discount rate? Will it be a great energy?

Sozialtourist

full member

Activity: 686

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Quote from: Nathan01 on April 18, 2019, 11:12:20 AM

Quote from: Anilbg on April 18, 2019, 05:12:41 AM

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

I complete doubt this. From my experience in the blockchain I came to realize that mining is a very expensive process. I'll need a breakdown of expenses to really ccept that 10% would be enough or probably it's just a face value thing since it hasn't been tested or implemented

The 75% they share with token holders is part of the profit they make from mining. So I guess the electricity cost is already paid and not part of the operational costs.

Getadaaa

jr. member

Activity: 448

Merit: 3

Quote from: Nathan01 on April 18, 2019, 11:12:20 AM

Quote from: Anilbg on April 18, 2019, 05:12:41 AM

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

I complete doubt this. From my experience in the blockchain I came to realize that mining is a very expensive process. I'll need a breakdown of expenses to really ccept that 10% would be enough or probably it's just a face value thing since it hasn't been tested or implemented

I guess That’s the reason for thoughts of raising funds by selling till tokens by Minedblock team. And it’s wrong to do that. Holding some Minedblock security tokens, means investors should be a part of the decision to sell utility tokens or not. (Just my thoughts, I could be wrong.)

chan001

jr. member

Activity: 280

Merit: 1

Quote from: Nathan01 on April 18, 2019, 11:12:20 AM

Quote from: Anilbg on April 18, 2019, 05:12:41 AM

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

I complete doubt this. From my experience in the blockchain I came to realize that mining is a very expensive process. I'll need a breakdown of expenses to really ccept that 10% would be enough or probably it's just a face value thing since it hasn't been tested or implemented

I also agree with you. I think revenue means profit. They will share 75% profit with token holders. Electricity costs is huge and current mining not giving huge profit.

Nathan01

member

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DocTailor IEO on Zloadr

Quote from: Anilbg on April 18, 2019, 05:12:41 AM

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

I complete doubt this. From my experience in the blockchain I came to realize that mining is a very expensive process. I'll need a breakdown of expenses to really ccept that 10% would be enough or probably it's just a face value thing since it hasn't been tested or implemented

lkjhg

full member

Activity: 744

Merit: 100

Join On COMBO

Quote from: Nathan01 on April 17, 2019, 03:14:04 PM

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

There seem to interesting update coming up every other day but I'm curious to know why the implementation of the "Pay as you Go" feature? I think this is the first time I'm seeing this in token sale

I think that with an interesting update every day, of course it is a positive thing and so that we do not miss the update, we must keep abreast of its developments so as not to miss the exact information

Anilbg

jr. member

Activity: 406

Merit: 2

At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: ganeshramk on April 17, 2019, 09:51:00 AM

Quote from: ning_aric on April 17, 2019, 09:27:48 AM

Utility tokens would play a different role. I don’t see the need for utility tokens for Minedblock just yet. It could comes at a later time, when Minedblock facility is completed and running. Maybe then, there would be need to let other investors in. I think your security tokens should get you all the finance you need for a startup.

I am surprised by this post. Why utility tokens are not helpful especially in Minedblock project? You can pay using the tokens for mining assignment right?

I don't understand why someone would want to pay Minedblock to mine for them? Doesn't Minedblock choose the coins they mine by themselves? And then, why does this need another token? It would be much easier if they would just accept BTC, ETH etc. for this.

Nathan01

member

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Merit: 11

DocTailor IEO on Zloadr

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

There seem to interesting update coming up every other day but I'm curious to know why the implementation of the "Pay as you Go" feature? I think this is the first time I'm seeing this in token sale

chan001

jr. member

Activity: 280

Merit: 1

Quote from: ganeshramk on April 17, 2019, 09:51:00 AM

Quote from: ning_aric on April 17, 2019, 09:27:48 AM

Utility tokens would play a different role. I don’t see the need for utility tokens for Minedblock just yet. It could comes at a later time, when Minedblock facility is completed and running. Maybe then, there would be need to let other investors in. I think your security tokens should get you all the finance you need for a startup.

I am surprised by this post. Why utility tokens are not helpful especially in Minedblock project? You can pay using the tokens for mining assignment right?

This looks more interesting than I thought. Not sure how to use it, let me dig more details about utility tokens. But if I can pay using the tokens for mining then I think it's useful.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: ning_aric on April 17, 2019, 09:27:48 AM

Utility tokens would play a different role. I don’t see the need for utility tokens for Minedblock just yet. It could comes at a later time, when Minedblock facility is completed and running. Maybe then, there would be need to let other investors in. I think your security tokens should get you all the finance you need for a startup.

I am surprised by this post. Why utility tokens are not helpful especially in Minedblock project? You can pay using the tokens for mining assignment right?

ning_aric

full member

Activity: 826

Merit: 102

Quote from: Anilbg on April 17, 2019, 06:07:06 AM

Quote from: Sozialtourist on April 17, 2019, 05:48:49 AM

Quote from: ganeshramk on April 17, 2019, 02:16:47 AM

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

Interesting development. Seems like going in the direction of utility tokens. Why not? This will become extremely attractive in the very near future.

As long as the utility token serves a reasonable use-case. Don't forget that the whole ICO craze ended up producing a lot of useless utility tokens. I am fine with them introducing an utility token as long as it makes sense. I am just not seeing the real need for it but let's see with what they come up with.

What is the difference between utility tokens and other tokens? Does one have advantage over the other? Of both have equal value/right?

Utility tokens would play a different role. I don’t see the need for utility tokens for Minedblock just yet. It could comes at a later time, when Minedblock facility is completed and running. Maybe then, there would be need to let other investors in. I think your security tokens should get you all the finance you need for a startup.

Anilbg

jr. member

Activity: 406

Merit: 2

Quote from: Sozialtourist on April 17, 2019, 05:48:49 AM

Quote from: ganeshramk on April 17, 2019, 02:16:47 AM

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

Interesting development. Seems like going in the direction of utility tokens. Why not? This will become extremely attractive in the very near future.

As long as the utility token serves a reasonable use-case. Don't forget that the whole ICO craze ended up producing a lot of useless utility tokens. I am fine with them introducing an utility token as long as it makes sense. I am just not seeing the real need for it but let's see with what they come up with.

What is the difference between utility tokens and other tokens? Does one have advantage over the other? Of both have equal value/right?

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: ganeshramk on April 17, 2019, 02:16:47 AM

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

Interesting development. Seems like going in the direction of utility tokens. Why not? This will become extremely attractive in the very near future.

As long as the utility token serves a reasonable use-case. Don't forget that the whole ICO craze ended up producing a lot of useless utility tokens. I am fine with them introducing an utility token as long as it makes sense. I am just not seeing the real need for it but let's see with what they come up with.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: MinedBlock on April 16, 2019, 09:33:00 AM

Quote from: Sozialtourist on April 16, 2019, 09:01:53 AM

Since you don't have a bounty campaign, what are you currently doing to advertise your tokensale? Maybe you could get in touch with some influential crypto Youtubers to make a review about your project.

We are in the process of finalising the details to add a 'Pay as you go' side to our mining service which will utilise a utility token. With that will come a bounty and airdrop campaign ahead of an IEO.

Watch this space... full details will be released soon

Interesting development. Seems like going in the direction of utility tokens. Why not? This will become extremely attractive in the very near future.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: MinedBlock_Paul on April 16, 2019, 03:40:48 PM

Quote from: chan001 on April 16, 2019, 01:48:09 PM

Quote from: MinedBlock_Paul on April 16, 2019, 11:47:27 AM

You can open a DM with myself of Greg (usernames found in the pinned post) if you have any direct questions you want to ask

Nice to see project team actively keeping watch on this thread. You guys are active on telegram and other platforms as well?

The core team are active, this is our baby and you won't find a more dedicated team! Yes we have collaborated with a community management specialist "the Collective Go" but this is to answer questions in all native languages and operate with an immediate response 24/7

It means therefore that there are other language group apart from the English group on Telegram? Since you've other language inclined admins?

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: chan001 on April 17, 2019, 01:30:10 AM

Quote from: MinedBlock_Paul on April 16, 2019, 03:40:48 PM

Quote from: chan001 on April 16, 2019, 01:48:09 PM

Quote from: MinedBlock_Paul on April 16, 2019, 11:47:27 AM

You can open a DM with myself of Greg (usernames found in the pinned post) if you have any direct questions you want to ask

Nice to see project team actively keeping watch on this thread. You guys are active on telegram and other platforms as well?

The core team are active, this is our baby and you won't find a more dedicated team! Yes we have collaborated with a community management specialist "the Collective Go" but this is to answer questions in all native languages and operate with an immediate response 24/7

What are the benefits minedblock team of offering for token holders? What team will do if coin mining if not profitable for say few days or even a month? Will they pause mining?

Well, the benefits for token holders are definitely the monthly ETH payouts from the mining profit.

And to your other question. I don't think that they would pause their mining. First of all, they can switch the coins they are mining easily, so when they see that mining one isn't worth anymore they can switch to another. And secondly they can mine with profit even if BTC drops to 1800 USD. (https://bitcointalksearch.org/topic/m.50361742).

chan001

jr. member

Activity: 280

Merit: 1

Quote from: MinedBlock_Paul on April 16, 2019, 03:40:48 PM

Quote from: chan001 on April 16, 2019, 01:48:09 PM

Quote from: MinedBlock_Paul on April 16, 2019, 11:47:27 AM

You can open a DM with myself of Greg (usernames found in the pinned post) if you have any direct questions you want to ask

Nice to see project team actively keeping watch on this thread. You guys are active on telegram and other platforms as well?

The core team are active, this is our baby and you won't find a more dedicated team! Yes we have collaborated with a community management specialist "the Collective Go" but this is to answer questions in all native languages and operate with an immediate response 24/7

What are the benefits minedblock team of offering for token holders? What team will do if coin mining if not profitable for say few days or even a month? Will they pause mining?

MinedBlock_Paul

newbie

Activity: 154

Merit: 0

Quote from: chan001 on April 16, 2019, 01:48:09 PM

Quote from: MinedBlock_Paul on April 16, 2019, 11:47:27 AM

You can open a DM with myself of Greg (usernames found in the pinned post) if you have any direct questions you want to ask

Nice to see project team actively keeping watch on this thread. You guys are active on telegram and other platforms as well?

The core team are active, this is our baby and you won't find a more dedicated team! Yes we have collaborated with a community management specialist "the Collective Go" but this is to answer questions in all native languages and operate with an immediate response 24/7

MinedBlock

copper member

Activity: 112

Merit: 0

Quote from: ?? on ??

Crypto alarm is what you need
https://play.google.com/store/apps/details?id=com.develop.elegant.coinalarm&hl=en

Kindly remove your spam from our thread before we report it!

Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 48. (Read 8718 times)