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MoonLite is disrupting the crypto-mining industry — and you are part of the operation

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2017 will forever be known as the year that cryptocurrencies and blockchain technology exploded into mainstream awareness. Since then, cryptocurrencies have now evolved into a valuable asset class, with institutional money pouring into crypto markets from all four corners of the globe.

The skyrocketing value of the cryptocurrency market speaks to the enormous promise that blockchain projects hold — with the potential to disrupt everything from banking to logistics to the very way you store information.

As demand for cryptocurrency coins continues to increase, the coins themselves have also become more valuable. Like Bitcoin, many of these cryptocurrencies have a limited total supply of coins — which has made mining, or earning coins for dedicating computing power to maintaining the blockchain, much more lucrative.

Breaking down the costly barriers to profitable cryptocurrency mining

Long gone, however, are the days that an average Joe could easily muster enough computing and networking power to mine coins. As the number of transactions and the complexity of solving algorithms for maintaining blockchains have skyrocketed, so have the computing and energy costs of mining.

This has effectively restricted serious, profitable mining to companies with the capital and resources to maintain large-scale, energy-intensive mining farms.

That is, until MoonLite, an innovative cryptocurrency mining company, unveiled plans for a renewable energy-based cryptomining farm in Iceland that will distribute mined profits to ordinary investors and MoonLite (MNL) coinholders.

A chance for anyone to get involved in a green-energy, industrial-scale mining operation

MoonLite is a cryptocurrency mining company that allows anyone to contribute — and profit — from an industrial scale mining operation. MoonLite is helmed by an impressive team of business executives, FinTech professionals, and blockchain entrepreneurs.

With an excessively detailed roadmap and white paper all in place, the team is now raising capital through a presale and public ICO. It could be a chance for keen-eyed investors to take a stake in an ambitious and sustainable industrial-scale mining operation

Unlike most mining groups that are at the mercy of the increasingly crypto-skeptic governments of Asia, MoonLite has strategically positioned itself by establishing its first mining farm in Iceland — and they are allowing the public to take a stake in the operation and its distributed profits by holding MoonLite (MNL) coins.

So how does it all work?

MoonLite will use the capital raised from private investors and it’s ICO to develop its first data centers, and will then “begin by mining predominantly Bitcoin, DASH, Litecoin, and Ethereum using 100% sustainable, green energy.”

The projected amount of coins and profits gained from mining is fully transparent; all information regarding the operation is publically available so that investors and MNL coinholders know what to expect.

Each month mining proceeds are collected and then distributed toward:

  • Liquidating a percentage into fiat currency to cover mining and operational costs as well as expand investment opportunities
  • Retaining a percentage of coins to be held in cold storage for appreciating value, with a smaller portion going toward an in-house team of traders for more returns
  • Purchasing additional infrastructure to expand the operation

As it stands, the team plans to distribute proceeds at a ratio of 60:20:20. There will also be decentralized voting via secure.vote so that token holders can vote on the appropriation of proceeds each quarter and have a say in the governance of the mining operation.

Mining proceeds are projected to scale upward each quarter due to MoonLite profits being redistributed for investment, trading, holding coins in storage, and expanding the infrastructure of its data centers.

MoonLite is also implementing a lucrative token buy-back structure where the company will repurchase a significant amount of MNL tokens from coinholders at a premium rate, every six months. These tokens will then be burned, appreciating the token value of MNL over the long-term.

Why investors should consider MoonLite

As cryptomining becomes more lucrative yet more costly, the window of opportunity is fast closing for ordinary people to mine today’s most valuable coins.

MoonLite offers a unique opportunity for people to get onboard and take a stake in what is becoming an increasingly lucrative industry: cryptocurrency mining.

Here is a quick wrap-up on how MoonLite is setting itself apart from the competition and why you should consider taking a look at their ICO before it ends on March 15th.

  • Renewable energy-based data centers based in stable, crypto-friendly Iceland
  • Redistribution of mining profits to increase profitability and appreciate value of MNL coinholders
  • Lucrative buy-back program (every 6 months) and token burn
  • Investor/coinholder-based voting and governance on all operational procedures
  • Public and transparent financial and operational reporting
  • Innovative team of business executives, FinTech professionals, and blockchain entrepreneurs
  • Limited token supply, with token burns appreciating the value of each MNL token

Now more than ever, the actual mining of cryptocurrency coins is an excellent opportunity for those that can afford to get involved — and now with MoonLite, most can.

MoonLite will give investors a chance at mining valuable and well-established coins, like Bitcoin, Litecoin, Ethereum, and Dash — coins that are only going to continue to increase in value as blockchain goes toward mass-adoption phase and cryptomarkets continue to receive enormous interest and capital.

The cryptocurrency market had a value of $18 billion last January. It is now $600 billion as of writing this. To put that in perspective, cryptocurrencies are now more valuable than Bank of America, JP Morgan, Exxon Mobile, Berkshire Hathaway, Amazon, and Facebook.

No competitor offers a similar product, and no other company can match the innovation that MoonLite is bringing to cryptomining space.

The MoonLite (MNL) ICO begins on February 28th, but the presale is open now

If you are interested in disrupting the cryptomining industry and taking a share of its profits, MNL tokens are being offered via presale until February 28th. These tokens are being offered at a discount to investors, with a bonus percentage (100%-300%) based on the number of tokens purchased.

The public ICO will go live on the same day that the presale ends, February 28th, and will end on March 15th. Or earlier if all of the tokens are all snapped up. This may be the best time to get into MNL while it is still cheap.

If 2018 is going to be anything like 2017, cryptocurrency mining is something that you are going to want to be a part of — and MoonLite is your best bet.

As always, do your own diligence and research before investing. If you want to learn more about MoonLite, check out the following links below.

Website: https://www.moonlite.io/

Whitepaper: https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf

Presale and ICO: https://sale.moonlite.io/

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Bitcoin

Wisebitcoin Launches Professional-Grade Crypto Exchange

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Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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