Minedblock – A Revolutionary Mining Algorithm Built To Drive Blockchain Adoption

INTRODUCTION 

Constant issues had cropped up in the blockchain and many of these had been caused by Bitcoin. Though tons of projects are realized monthly, it is obvious they’re just clone of one another and barely have much to offer to scale up adoption of the blockchain technology.

For this reason, MINEDBLOCK was birthed to put a stop to several issues that have become the norm on the blockchain. It is expected to boost transactions and by extension, chart the course that will see millions of people identifying with the platform.

MinedBlock Innovation

From another perceptive, the platform is intent on incentivizing miners for their inputs. The overall goal here is to issue token rewards to deserving miners.

Seamless transactions will come with fewer costs just as decentralization will be optimum. This is not to be only step to massive adoption and that was why incentives were introduced. Mined coins can be used in the ecosystem and also generate profits by holding them.

Issues with Mining

One other important aspect looked at is coin mining. From the time of Bitcoin’s PoW to other mining channels, it is evident that there are fragments that need to be revamped. To this end, the centralization of FPGA and ASIC that could have made mining easier proved herculean task. In the light of this, the costly nature of these mining tools has been great burden on miners.

The mining process is also threatened by quantum attacks. It is expected that in the future, hackers will come with quantum computers that have tendency to break the strongest of blockchain platforms. Overt centralization of these mining tools has made them permissible for these attacks and other inordinate practices that will be of negative undertone to the blockchain.

MinedBlock As A Long Lasting Solution

Minedblock is a mining platform on the blockchain technology aimed at creating a dedicated mining facility that focuses on mining multiple coins from the top 50 coins on coinmarketcap to ensure a diverse range of revenue streams for mining customers to benefit from. By utilizing a mixture of ASIC units alongside custom built GPU mining rigs, Minedblock aims to offer a fully decentralized mining services where each user can rely on the Minedblock team to look after the equipment and and also ensure they are working at maximum productivity 24/7 with low operating charges.

Why do you need Minedblock? I would say you need not to worry much because with Minedblock, you get to mine with ease, easy in the sense that you can let Minedblock to set up your mining farm for you depending on your location and also they help you with the design and maintenance too; all you have to do is put it to work and get your rewards; all at a cheap and affordable fee. Other benefits of the Minedblock are:

Security: Minedblock security is immense; keeping newly minted or mined coins in cold storage until it’s time to distribute.

With Minedblock mining services, you get the chance to mine multiple coins to help each miner maximize profits.

With Minedblock services; you do not need extra configuration; it will be done for you.

You get to save your time, and efforts as you also enjoy the best customer care support as well as a portfolio wallet to watch your minted coins grow.

Roadmap

More importantly; With Minedblock solution miners are not buying a fixed hashrate, but are buying a share of Minedblock whole service. This means that as Minedblock increase the size of the operation; each share grows too.

Dual Token Model

Team

To conclude; MinedBlock opens the door for crypto currency miner investors to exploit Minedblock mining services from an expansive scale mining activity, mining various crypto resources without the need to purchase, design and keep up costly mining hardware.

For further information about mining on Minedblock, the Minedblock upcoming tokensale (sto) becoming a miner or becoming

Useful Links

Website: https://www.minedblock.io

Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf

Telegram: https://t.me/minedblockofficial

Reddit: https://www.reddit.com/r/MinedBlock

Twitter: https://twitter.com/mined_block

Facebook: https://www.facebook.com/MinedBlock/

Writer Details

Bounty0x Username: olawale100