⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 67.

Pricebrianer

jr. member

Activity: 364

Merit: 3

Quote from: Sozialtourist on March 04, 2019, 11:39:39 AM

Quote from: ning_aric on March 03, 2019, 02:11:02 PM

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

Not sure if this is possible but maybe they can mine their coins to an address that everyone who is interested can check all the time and in this way see exactly how much they made with mining. Transparency is here very important.

That’s the reason why there’s a mining option for cryptocurrency. Getting paid for when you keep the chain secured by confirming transactions. I think being transparent is the first, I’ll like to know.

ning_aric

full member

Activity: 826

Merit: 102

One country has to make the first move. I don’t know how long it’s going to take but I guess it’s going to happen soon. Let’s hope Germany regulations comes out positive.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: ning_aric on March 03, 2019, 02:11:02 PM

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

Not sure if this is possible but maybe they can mine their coins to an address that everyone who is interested can check all the time and in this way see exactly how much they made with mining. Transparency is here very important.

nxnqauff

member

Activity: 840

Merit: 17

PG-PAY Gold Backed Token

Regulations from Thai came in just days ago. Now I hear about Germany. Its a nice move from most of the countries. Then people will start recognizing projects like Minedblocks as they are already offering STO.

ganeshramk

full member

Activity: 868

Merit: 104

Quote from: Nathan01 on March 04, 2019, 10:27:30 AM

OK I think so far since my last post I've been researching laws guiding crypto in the UK and I haven't found any regulations against crypto there maybe but it's a good thing to see adoption happen across the globe uniformly

Germany is on its way to release crypto regulations this June. Uk or any other country follow as soon as regulations from Germany is in place.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: dcoolguy84 on February 27, 2019, 02:27:51 PM

Quote from: Nathan01 on February 27, 2019, 10:09:18 AM

Read somewhere that the company is registered in the UK, could we have a pictorial proof of office sent here to the thread for evidences. Do the UK allow for ICO to be conducted within the country?

Yes, UK allows ICOs. UK originated cryptos, LTC and ETN are successfully operating in crypto market.

OK I think so far since my last post I've been researching laws guiding crypto in the UK and I haven't found any regulations against crypto there maybe but it's a good thing to see adoption happen across the globe uniformly

em777

jr. member

Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: gee777 on March 03, 2019, 01:18:55 PM

Quote from: Getadaaa on March 03, 2019, 09:26:54 AM

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

Yeah. As there are a lot of countries still against cryptocurrencies so it would be nice and wise to avoid building mining facilities in those countries.

Yeah, I agree with you I think it only a matter of time before some of those countries begins to accept cryptocurrency and blockchain technology

ning_aric

full member

Activity: 826

Merit: 102

I’ll like to know, how does Minedblock plan to share updates on mining profits and cost? With investors not being a part of the mining process, I’ll like to know how Minedblock team plans to be transparent with profits?

Getadaaa

jr. member

Activity: 448

Merit: 3

I didn’t know that about Iceland. There’s so much that a mining project like Minedblock could do better than individual mining. Building a huge mining facility if gotten right would cut down the cost of mining to the minimum.

gee777

member

Activity: 728

Merit: 10

Quote from: Getadaaa on March 03, 2019, 09:26:54 AM

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

Yeah. As there are a lot of countries still against cryptocurrencies so it would be nice and wise to avoid building mining facilities in those countries.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Pricebrianer on March 03, 2019, 09:16:37 AM

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

Especially in Iceland there is the possibility to use electricity from geothermal power plants. Keeping in mind that we should do something to battle global warming, I hope that they will get their electricity mainly from renewable energy sources.

Getadaaa

jr. member

Activity: 448

Merit: 3

There’s also climate and political attitude of the hosting country. I think the team should do some research on the best location for mining, having a facility in a restricted country would be a huge loss.

Pricebrianer

jr. member

Activity: 364

Merit: 3

Cost of Electricity could go so high in some countries. I don’t know about Iceland and Sweden. But what plans do you have to cut down the cost of electricity in these mining facilities? Is there a partnership, contract or something.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: ning_aric on March 02, 2019, 09:15:42 PM

What miners would you be using in your facility? Your roadmap shows investors should expect first payouts by Q3 of this year, would that be possible with the current state of your token sales?

I just checked their Whitepaper again and it looks like they are getting a mixture of ASIC miners (Antminer S9 / L3++ and D3) and GPU mining rigs. With this set-up they can mine a broad range of different coins, depending on which one is the most profitable.

ning_aric

full member

Activity: 826

Merit: 102

What miners would you be using in your facility? Your roadmap shows investors should expect first payouts by Q3 of this year, would that be possible with the current state of your token sales?

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Zurcermozz on March 02, 2019, 04:00:46 AM

Quote from: ning_aric on March 01, 2019, 10:12:28 PM

This looks like a few old mining project except that tokens distributed would be STO tokens and would have less restrictions. Also mining more tokens other than Eth is a nice idea.

yeah agree on you, i really like their mining feature which while you mine other tokens, you can also get extra token from them.

You will always get paid out in ETH, you won't get the crypto currencies that they are mining. They will convert them and pay out the profits in ETH. But which coins will they mine with their mining facilities mostly?

Getadaaa

jr. member

Activity: 448

Merit: 3

I think there’s an amazing future with STO tokens. Although there are just a few STO Projects atm, other projects would have to join the trend. Minedblock being the first of all mining project is way ahead.

Zurcermozz

member

Activity: 560

Merit: 16

Quote from: ning_aric on March 01, 2019, 10:12:28 PM

This looks like a few old mining project except that tokens distributed would be STO tokens and would have less restrictions. Also mining more tokens other than Eth is a nice idea.

yeah agree on you, i really like their mining feature which while you mine other tokens, you can also get extra token from them.

ning_aric

full member

Activity: 826

Merit: 102

This looks like a few old mining project except that tokens distributed would be STO tokens and would have less restrictions. Also mining more tokens other than Eth is a nice idea.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: dcoolguy84 on March 01, 2019, 02:45:11 PM

Quote from: Sozialtourist on March 01, 2019, 07:44:28 AM

Quote from: em777 on February 28, 2019, 06:47:55 PM

Quote from: ning_aric on February 28, 2019, 04:36:06 PM

I see some people talk about retailer communities that invest in ICO project which have been vetted and given a high ranking. I think it’s best for Minedblock to get a good rating from these communities.

Yeah, positive rating will go a ling way in ensuring they get decent investors I would advise the team to make sure they get positive rating as much as they can

This almost sounds like they can actually have a direct influence on their ratings and let them look positive. I hope this is not the case. I think the best they can do is ask these sites to do a rating but then these sites should decide completely on their own and only based on their opinion about the project.

I think even these ICO ranking websites , alongwith project potential and uniqueness , also look upon popularity in public..
This in turn affects future ranking based on volumes.

Or ... they are looking to get the most money for the best rating? Not saying that every website does this but I wouldn't trust any of them at all.

Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 67. (Read 8718 times)