When cryptocurrency mining was still in its infancy, it was well distributed among a few thousand private miners who had transparent rules and did not harm the climate because their energy needs were microscopically low. All this has changed:
We believe that system innovation is essential for cryptocurrencies to gain mass acceptance. We believe that future mining operations must be decentralized to reduce their reliance on regulations of individual governments, powerful individuals, and fossil or nuclear energy. Crypto-mining operations in the future must reduce the systemic risks that result from being tied to specific coins or mining pools. So MyGoldblocks strives to give the crucial power back to the crypto community. It must be possible for individuals to participate in crypto-mining without huge investments in hardware and technology. The technology developed by MyGoldblocks represents the next generation of mining, addressing the challenges of the future: the PoS Wallet System. All coins based on PoS (Proof of Stake) are potential customers. MyGoldblocks offers customers a way to manage their coins, which adds value by holding foreign coins and staking. MyGoldblocks has created an online marketplace – a so-called CRM system – for the community. The PoS Wallet System is downloadable as a mobile application on Android and iOS. It’s in sync with the PoS Wallet, so the mined Coins are available at any time.