MIB COIN - MINING ON SMART PHONE

Introduction

The process of crypto-mining has been tedious and time-taking, needing a dedicated computer hardware to utilize the power of a specialized graphical processing unit (GPU) chip or an application-specific integrated circuit (ASIC) for doing so. Besides that, a miner would need a continuous internet connection, an original software for cryptocurrency mining and memberships with online crypto exchanges and mining pools. Using these, the miners are vying with each other to solve high order mathematical problems in order to record transactions and to generate fresh blocks of digital currency. Hash values for unique data identification are cracked by the miners to lay claim to a fresh block, while earning rewards for the same.

However, now, with new coins like the MIB Coin that allow smart mining with the help of mobile phones, there is a real chance of availing the advantages of decentralized mining. Offering power-saving up to 99.24% and allowing a penetration up to 94.4%, MIB is on the brink of successfully decentralizing the cryptocurrency mining scene. MIB Coin saves power consumption by harnessing it from mobile phone hardware to generate hash rates up to 100 h/s or even more depending on the device specifications. This allows implementation of smart-mining even in areas that have a crunch of power sources and reach of the internet.

Such great innovation can only be achievable when the right team is involved with the capable knowledge and experience to deliver the project.Most of the team members on MIB have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are. It is with great honour I introduce you to the team behind this project. Here they are;

Smart Mining

Mining participation is quick and easy and can be done by leveraging an iOS or Android smartphone. After accessing an app store via a wireless network and downloading the Smart Miner, mining can begin immediately. The Mining Monitor app can monitor and control the mining situations. The app can also store, send, and receive MIB Coin. Additional features are also provided for multi-miners with many devices.

What MIB Coin Offers

• MIB COIN, wants to make its coin the center, namely the “core standard” — that is, the center of the mobile crypto-currency system.
• In the long term, an ecosystem where functional tokens can be issued by utilizing the stable nodes of the SmartX blockchain network will be formed and dev
• MIB Coin’s future will continue to improve and be developed as a system closely related to everyday life by growing into a globally used cryptocurrency working as a means of currency exchange, payment, value measurement, and communication.

MIB Coin will grow into a real cryptocurrency used by people around the world as the means of exchange, payment, saving, value evaluation function and communication of hard currency.
MIB coins use a mobile-based platform, which requires only the minimum amount of power consumed in everyday life. This is because MIB coins only need the power by mobile CPUs compared to the vast amount used by BITCOIN.

Smart X Blockchain Platform

It’s unquestionably not a dedicated mining machine (ASIC or GPU). It is mining on the smartphone.

Mining that was specific to just certain nations and affiliations are at display accessible to all. Everybody can participate.

An eco-satisfying, low-control criticalness based mining methodology clears up finished the best power utilize issues.

Keep it at an insignificant cost as opposed to existing shocking expense blockchain systems.

Additionally, a gathering of tokens will be made on the SmartX Blockchain Platform MIB sort out.

Token & ICO Details

Token name: MIB

Platform: SmartX Blockchain

Token price: 1 ETH = 1200 MIB

Total supply: 600,000,000 MIB

Public ICO: Jul 20, 2018 ~ Aug 10, 2018

Token Allocation

Use of Proceeds

Roadmap

Conclusion

None of other Cryptocurrencies have brought a solution to the problem of minings despite the evident side effect that the future of Cryptocurrency will have to face. MIB coin is replicating traditional mining operations using only smartphones. The new token isn’t just attracting new investors either, it’s gaining attention from more experienced cryptocurrency enthusiast as well. The company is taking the new operations very seriously as well with phones generating has values at 100 h/s of more the mining is very real, being lucrative as some of the larger ones.

The rates are quite impressive when you consider everything is run by a standard smart phone. Of course, better phones provide better hash rates. The payoffs are higher than the cost of running the operation, which only takes a small investment on the part of the user. Even though skeptics complain about battery life, the pros are too abundant to be limited by the cons.
MIB have brought solutions and results to this problem, I like this project a lot and surely believe it will benefit everyone What are you waiting for, Get On Board.

Links

Website: http://www.mibcoin.io/
Twitter: https://twitter.com/mibcoin
White paper: https://drive.google.com/file/d/1V0J0kHNkpMDcPCZEGVtZhbAA_UAsfijl/view
Facebook: https://www.facebook.com/mibcoinio/
Telegram: https://t.me/joinchat/DNeZgA-RivbU3EOQfl-wIQ

Author : belushiiwuzeree
Bitcoin Talk Profile : https://bitcointalk.org/index.php?action=profile;u=2191289