About Project

Problem

Mining is a fundamental part of the blockchain for any crypto assets that aren’t pre-mined. Miners host the network and form the basis of the decentralisation model of the Cryptocurrency arena but we are getting to a point where large amounts of hash power, the key ingredient to solving blocks, is becoming centralised which is making it increasingly difficulty for individuals to get involved with mining due to the financial investment required to mine competitively

 

There are other solutions out there such as cloud mining services, but they aren’t transparent or cost effective and MinedBlock intends to change that.

 

There have been a number of mining ICOs conducted through 2017/2018 that offered a share of mining revenue in return for investment but that haven’t conducted their token sale as a regulated Security Token Offering which increases the risk to investors.

 

Solution

MinedBlock are running a Security Token Offering using the Polymath ST20 to raise funding to enable us to offer 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. We will offer a fully managed mining service where you can rely on our team to look after the equipment and ensure they are working at maximum productivity 24/7 with the lowest operating costs.

 

MinedBlock 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.

 

Through the proposed large scale operation, we will help improve the decentralisation of coins where there are already large pools dominating the hash rates of popular coins. MinedBlock will also be working towards a level of decentralisation within our own network through global distribution of our mining data centres.

Social Networks
Team

Main Team (4)

  • Greg Wales
    Co-Founder & CEO
  • Matt Ruff
    CSO
  • Paul Bishop
    Co-Founder & COO
  • Ruhin Khan
    Marketing Consultant
  • The Collective Go
    Community Management

Roadmap

  • Q4 2018 ICO halted & changed to STO, Whitepaper Version 3, Airdrop & Bounties Ended
  • Q1 2019 SEC Exemption Filed
  • Q2 2019 Private Funding Round, Security Token Offering Starts, Whitepaper V4
  • Q3 2019 Security Token Sale Ends, Data Center Build Begins, Hardware Ordered, Mining Starts, MBTU IEO
  • Q4 2019 First Dividends Paid, Listing on Exchanges, Mining Expansion Starts, Investor Dashboard Launched
  • Q1 2020 Solar Farm Location Search, Design of Solar Facilities
  • Q2 2020 Application for Solar, Development Permission, Solar Funding Round
  • Q3 2020 Solar Farm Build, Planning for second Mining Farm Location
  • Q4 2020 Second Mining Farm Build

Token Sale
  • Main Sale Start
    March 30, 2019
  • Main Sale End
    August 31, 2019
  • Minimum Investment Goal
    $500,000
  • Minimum Investment
    $ 300
  • Public Sale Price
    $ 0.15
Asset Details
  • Token Holder Rights
    Profit Share, Redemption Right
Token Details
Investor Requirements
  • Whitelist / KYC / AML
    Whitelist, KYC Required
Company Profile
  • Legal Name
    MinedBlock Limited (CN 11481414)
  • Country of Origin
    United Kingdom of Great Britain and Northern Ireland
  • Country of Incorporation
    United Kingdom of Great Britain and Northern Ireland
  • Registered Office
    130 Old Street, London, EC1V 9BD
Regulation
  • Regulation
    US Securities and Exchange Commission - Reg D (506b, 506c)

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