MIB Coin; The smartphone-based blockchain network
Initial
mining challenges has in the past put many off and many have had to look for
other alternatives to get
crypto currencies aside mining, but of recent, smarter approaches have come to
light as to better ways of mining on the blockchain network. Among early
adopter of such approach is the set of team behind the MIB Coin project.
What
is MIB Coin?
MIB
coin is a Mobile Mining based Blockchain that has constructed an ecosystem that
minimizes the maintenance of Blockchain Network making endless possibilities available
through mining with your smartphone.
The
Blockchain Network is based on SmartPhone device which is the most widely used
device with unlimited functionality as it is called the Mobile-PC. Anyone can
download MIB APP on their SmartPhone to start Mining and exchange their Mined
MIB Coin. The Mobile SmartX Blockchain Platform (MSXBP) enables various
payments and transactions on Mobile Environment.
HOW
IT WORKS
MIB
coin cannot be mined using existing ASIC and GPU methods. It is only available
on smartphones.
MIB is designed so that your smartphone
is able to withstand the computational
complexityMIB is designed so that your smartphone
required for mining and protect your smartphone from overheating and damaging the hardware.
Another
interesting thing about is that it`s possible to do this with one smartphone
and even at a reduced power by 99.24% compared to existing mining
machines offering greater
eco-friendliness, lower cost and higher accessibility. This solution will
improve mining participation in areas with unstable power production, such as Africa,
South America, Central Asia, and South East Asia as anyone can mine with a
smartphone.
CONCEPT
OF SMARTX BLOCKCHAIN
- It is not a dedicated mining machine (ASIC or GPU).
- It is mining on the smartphone.
- Mining that was exclusive to only certain countries and companies are now
- Available to all. Everyone can participate.
- An eco-friendly, low-power energy-based mining method solves excessive power consumption issues.
- Keep it at a minimal cost instead of existing high cost blockchain networks.
TO
START MINING