Following the early access launch of BLOX last October to a small group of users, the “cryptocurrency for all” official opens its doors worldwide, allowing everyone to join its growing community.
Intending to make global payments accessible to everyone, BLOX created a cryptocurrency that anyone may mine in seconds with the use of cost-effective and sustainable power solutions. Anyone with a stable Internet connection and a mobile phone or a computer may start cryptocurrency mining with BLOX.
Launched with one goal in mind: to be the most accessible and easiest to use of all the cryptocurrencies in the world; the cryptocurrency is not even thinking to be bigger or better than Bitcoin. Created by the BLOX Group, BLX -- a decentralized peer-to-peer open-source payment cryptocurrency -- has a total supply of 84,000,000 units. FinTech startup Cloudchain Technologies, Inc. has acquired the API to be the first wallet and blockchain for BLOX mining and BLOX Coin transactions. The cryptocurrency is poised of being the most accessible and easiest to use in the world.
Going beyond cryptocurrencies, Cloudchain-minted tokens can represent anything the creator chooses during the minting process. These could be bonds, documents, licenses or certificates, real estate assets, loyalty points, original artwork, penalties, rewards, events, or reserved tickets — the potential applications are currently only limited by our imagination.
How to Mine BLOX?
BLOX doesn’t require expensive hardware and enormous computing power to be mined, presenting a profitable venture, especially for home miners. BLOX mining works the same way as mining Bitcoins where when more miners enter the market, the difficulty increases to ensure that the level is static. Miners are rewarded with BLOX for verifying blocks of transactions to the blockchain network and as more miners compete for rewards, the process becomes more difficult. BLOX Halving occurs every two years until all BLOX coins are released and are in circulation. BLX and its entire supply can currently only be acquired by CloudMining through PCs or mobile devices:
- Simply create an account on CloudWallet.ai using your mobile number, add your security PIN, and enter “BLX” as your primary asset.
- From the dashboard, select “CloudMining” and click “Start Mining” on the next screen.
- You’re now mining a new generation of decentralized coins.
Miners play a massive role in the crypto community. If you believe in cryptocurrency and want to join the BLOX community, mining is one of the best ways to get involved and contribute to its long-term success.
Future of BLOX
You’re probably wondering if BLOX is worth your time? Are there enough merits to maintain a bullish outlook on crypto in general? Based on forecasts by analysts, they all share a common ground and that is that they point in the same direction: up.
No one could have anticipated the meteoric rise in the value of Bitcoin five years ago. A US$100 investment in Bitcoin in 2013 would now be worth US$8,000 today.
BLOX is well-positioned to grow along the same trajectory as Bitcoin. BLOX lowers the barrier to entry and presents a more friendly and accessible cryptocurrency for the global market. This doesn’t only make BLOX mining profitable for small individual miners again as it costs nothing to mine, it could also greatly improve the decentralization of the network, further protecting it against legislative risks.
Crypto has come a long way since Bitcoin. BLOX has created a new cryptocurrency for all, with greater accessibility, and is making strides to make cryptocurrency as user-friendly as possible. BLOX has done what all other cryptocurrencies need to be — more accessible, and with this, it hopes to attract not only those who have crypto but also the billions who do not.