There have been a consistent development of new blockchains and consensus mechanism since the creation of bitcoin. However, BTC has not only defeated all security problems, but has kept it's status as the lion of blockchain technology and cryptocurrency.

Bitcoin blockchain is what it is today because of the Proof Of Work consensus that was designed mining. Mining activity is dependent on huge supply of electricity — and a number of mining farms have folded up due to high power cost in the countries where they are located. However, few companies who have the funds and remained liquid through the bear market are currently the ones that have monopolised the market and can mine bitcoin easily

Difficulty & Hash Rate are Dropping Rapidly

MinedBlock is a new mining company that is adopting strategies that will let them pay very low electricity cost, low enough to remain profitable at incredibly low bitcoin prices — they are taking advantage of the current market to build the most widely accessible mining farm in the world. The company, which will be launched in Iceland, aims to provide an experience that is user-centric enough to appeal to the masses, thereby making a mining stake truly spread among the cryptocurrency world. To accomplish this, MinedBlock has had its assets insured in Europe and has also registered with Security And Exchange Commission (SEC) in order to simplify processes and protect both the company and customers against future regulations.

MinedBlock is offering a very low access fee, not only to provide those who are bullish on BTC's success to be a part of the new wave of change, but it also gives individuals who are interested in mining with an opportunity to uniquely hedge their risk and cash out big without actually doing the work themselves.

Just a Few Moments

In any business, each cent that can be spread across number of operating assets will help improve the aggregate earning on that business. The income of a mining facility is entirely driven by the cryptocurrencies it mines. As more people join MinedBlock, the company will expand and the number of mining farms will also increase, thereby improving its economics and market share.

Power cost is inverse to Bitcoin.

Beside the guarantee on user funds and investmenrs, the location of MinedBlock's mining farm will give it access to an incredibly cheap electricity supply—arguable the cheapest in the developed world.

Cheap power means access to Bitcoin at a discount compared to exchange prices. Given that the mining facility is already established, MinedBlock, and those who take a stake in the farm, have to only account for electricity bills. Iceland has some of the lowest electricity cost in the world; this, coupled with the fact that MinedBlock is using the latest mining gears, means this company will easily make profit while most of the world’s mining farms are taking losses.

MinedBlock profits while others lose.

Iceland boasts of an electricity cost that is just around 4 cents per kWh; this price is considerably lower than the $0.8/kWh faced by the Chinese Bitcoin mining farms, which presently dominate the market. Therefore, MinedBlock is strategically structured to profit during the Crypto winter while its competitors, across the globe, shut down. In fact, as other farms continue to close down, the mining difficulty is on the down-run and this equates to increased profits for MinedBlock.

Unrivalled Hedge

Hedging is the means of cutting investment risks. While majority of the Cryptocurrency community is hyped on Bitcoin, a few are shorting it.

Participating in a BTC mining is something even shorts should look into as it’s a unique way to hedge outstanding risks of purchasing. The cause of this is that it’s a one-time expense which can allow the losses of short positions to be mitigated if the market makes a sharp rebound. The coins earned from the mining farm will provide the assets needed to cover for the market risks. People who are bullish on BTC can consider a participation in a low-cost mining farm as a means to buy Bitcoin at a discount.

The Plans

MinedBlock aims to make access to a stake in mining operations as accessible as possible through its equity token MBTX — this allows the farm’s control and cash flow to be distributed among the users and investors . Thus, its plans start from prices as low as $0.015 at ICO. The plans extend into high entry-points to allow users to also have a stake in the mining operations of DASH and LTC.

Wrap Up

Given that the operation cost of MinedBlock is primarily associated to its electricity bill, are well below the operating costs of most farms across the world, MinedBlock is able to mine coins at a positive cash flow.

While the market conditions may take a conservative approach to profit calculations. MinedBlock's low-end of the annual profit calculation still allows users to acquire coins at a great discount compared to market prices. Instead of buying coins on an exchange, get even more coins for the same amount of money through a stake in MinedBlock.

Essential MinedBlock links

Web: https://www.minedblock.io/
Telegram: https://t.me/MinedBlockOfficial
Twitter: https://twitter.com/mined_block
Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf

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