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COMPETITIVE VALUE OF MINEDBLOCK AGAINST OTHER MINING TYPES

COMPETITIVE VALUE OF MINEDBLOCK AGAINST OTHER MINING TYPES

The presence of MinedBlock as one of the digital platforms has added a long list in the cryptocurrency trading market. He created his own currency consisting of 2 types, namely MBTX and MBTU. MBTX refers to security tokens while MBTU refers to utility tokens. Both of them do have differences but are simultaneously controlled in a functional named MinedBlock. With this platform, users can mine tokens or coins with a more simplified procedure. However, this does not mean there are no other platforms that provide similar facilities. We certainly will immediately refer to Bitcoin as the current main platform that provides mining facilities to obtain digital coins. With the high popularity of Bitcoin, this has become rather difficult for MinedBlock to compete with. However, opportunities remain available. Many other intermediate platforms with similar functions can be rivaled before facing giant competitors like Bitcoin.

MinedStone must strive to show the world that it has special characteristics that distinguish it from other platforms. These advantages have been demonstrated through the introduction of basic functions in websites and whitepapers. As is well known, MinedStone’s main focus is to provide land for miners to mine coins or digital tokens in a variety of types. The advantage of MinedBlock in this function is that the technology system can mine other types of digital currencies without the need to wait for confirmation directly from the user. So that, when users do mining for more than 1 coin or token, the MinedBlock system will automatically mine other types of tokens which are adjusted for profit predictions in the trading market. This is an innovation where before the user must determine what type of token or coin they want to mine.

This variation of digital assets is a basic mining capability that is provided with the aim to increase the potential of certain types of digital currencies and reduce the risk of volatility that affects output. Because the cryptocurrency price continues to change from time to time, this makes the output or final tokens traded will have different values ​​than before. In private mining, the availability of a type of digital asset is limited by the hardware used to mine but this is optional, which means that there is still a possibility to change. Whereas mining that is done with cloud mining does not provide other types of assets, but only 1 digital currency that is in accordance with the contract paid.

Another advantage that must be considered is the intelligence of a platform to respond to the conditions of the trading environment. This is related to the ability of a cryptocurrency platform to exchange types of digital currencies that have been mined with other types of digital currencies which are considered to be increasing in value. This aims to adapt to uncertain trading market conditions. This type of asset change is done to help users get a number of profits that are multiplied. In private mining, GPU miners can be exchanged in a number of cases, while cloud mining has limitations in exchanging mining activities. In MinedBlock, the operational platform will be constantly observed and monitored and can be exchanged to increase output.

Evolution becomes the next important term that describes how a transaction is declared valid or verified. Users must understand the answer to how the service is completed properly in a contract, whether it will be focused on shells that provide power for hashing. In private mining, transactions will be completed immediately unless the user buys more hardware. This means that users need to provide a lot of equipment to do mining which can be sure to drain costs. While in cloud mining, the transaction will be completed unless the user increases his contract. This is intended to change the contract which is likely to be followed by changes in the procedure in it. In MinedBlock, the services provided will be completed by completing the growth strategy. This is useful for increasing output for investors. In the end, this will focus on obtaining greater profits.

These advantages directly show the seriousness of this platform in delivering services to all users in the network. The concept presented by MinedBlock is to provide mining facilities that can be aimed at various types of digital currencies. This makes this platform like an online buying and selling site in which there are many online shops. MinedStone became the first website to provide an area for mining many types of currencies.

More Information:

Web: https://www.minedblock.io/
STO Info: https://www.minedblock.io/assets/stoinfo.pdf
Twitter: https://twitter.com/mined_blockFacebook:https://www.facebook.com/MinedBlock/ 
Reddit: https://www.reddit.com/r/MinedBlock
Telegram: https://t.me/minedblockofficial

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Bounty0x user: edwar

“This article was created in exchange for a potential token reward through Bounty0x.”

Published at Mon, 06 May 2019 04:02:52 +0000

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