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The beginning of 2024 looks promising for the increasing interest in cloud mining, which sets the stage for Bitcoin Minetrix, a new bitcoin mining platform that has already raised $7.3 million.
Bitcoin started 2024 on a high note, showing a 7% increase in the past 72 hours and currently valued at $45.4k. The surge in Bitcoin’s value is driven by increasing optimism about the approval of spot ETFs.
Despite the potential for significant gains with the ETF approvals, smart analysts are playing it safe by exploring newer projects connected to Bitcoin. Bitcoin Minetrix is one such project, with plans to shake up the Bitcoin mining industry upon its launch.
Bitcoin Minetrix brings bitcoin mining to everyone with decentralized cloud mining
Bitcoin mining has changed a lot over the years, going from a small, specialized activity to a big industry that’s known worldwide. According to the latest Technavio report, this industry is expected to grow a whopping $12 billion in the next 4 years.
However, there’s still a big problem. Bitcoin mining still needs special equipment, technical know-how, and uses a lot of power, making it tough and resource-heavy. Because of this, it’s mostly controlled by a small group of people and companies.
Bitcoin Minetrix, though, fixes this issue by creating a totally decentralized cloud-based mining platform. It uses the power of cloud computing to give users the tools they need to mine Bitcoin, getting rid of the technical barriers.
This means you don’t need expensive equipment or technical skills – anyone can mine Bitcoin from home, using just a regular computer or phone. Bitcoin Minetrix has several advantages, including easy access without the need for expensive mining gear and a user-friendly interface.
Additionally, it offers the convenience of mining Bitcoin from anywhere and at any time, ensures the safety and security of funds, provides real-time monitoring of mining activity and rewards, and allows for a scalable mining operation, starting small and expanding as needed.
Bitcoin Minetrix presale hits $7.3 million as traders seek the next BTC
Bitcoin Minetrix is a new platform built on Ethereum that lets users do cloud mining for BTC. To start, users stake $BTCMTX, which are the platform’s tokens, to get Bitcoin mining credits. These credits can be traded for cloud mining power.
The whole process is easy for users – they just need an Ethereum-compatible wallet like MetaMask and $BTCMTX to get going. The ongoing presale for Bitcoin Minetrix has already raised over $7.3 million.
The presale for $BTCMTX is still happening, offering a low-cost entry at $0.0126 per token. Take a look at our price prediction for Bitcoin Minetrix.
🎉 Happy New Year, #BTCMTX Communtity! 🚀
Surpassing $7,200,000 is a stellar way to start 2024.
Here's to an incredible year ahead!#HappyNewYear #CryptoMilestone pic.twitter.com/IGO0Jv70AA
— Bitcoinminetrix (@bitcoinminetrix) January 2, 2024
While it’s hard to predict the future, a 100x increase would push the price a bit over $1. Though such big returns might not happen right away, Bitcoin Minetrix could potentially see gains like other recently launched Bitcoin-inspired projects, such as the BTC20 token that quickly multiplied by 5 after its launch.
Respected sources such as Business Insider, Cointelegraph, and well-known crypto YouTubers have emphasized the potential of Bitcoin Minetrix, especially praising its user-friendly mining approach. Given its purpose and the positive market conditions, analysts believe there could be more potential gains.
No Bs Crypto, in a recent video, mentioned that Bitcoin Minetrix might continue gaining. The analyst pointed out that while other companies also offer Bitcoin mining, Bitcoin Minetrix’s tokenomics and its use of the decentralized and transparent $BTCMTX might make it a better choice.
In summary, Bitcoin Minetrix is positioning itself as a promising project, especially with the upcoming Bitcoin halving and the growing demand for energy-efficient Bitcoin mining alternatives. To learn how to buy $BTCMTX, please check out our guide here.
Bitcoin Minetrix introduces innovative ‘Stake-to-Mine’ idea, transforming crypto mining
Bitcoin Minetrix brings forth a new and inventive idea called Stake-to-Mine, combining two popular themes in the crypto world: staking and Bitcoin mining. Users earn mining credits by staking the native token $BTCMTX on the platform.
These credits can be used to get cloud mining power, allowing you to mine Bitcoin without having to invest in or manage costly Bitcoin mining rigs. To enhance security, mining credits cannot be transferred, providing protection against hacks and thefts.
This token-based system establishes a clear and decentralized environment, granting you full control over your mining activity. Moreover, Bitcoin Minetrix doesn’t stop at just offering Bitcoin mining; it adds an extra layer of rewards to boost your crypto gains.
By depositing your $BTCMTX tokens on the mining platform, you automatically unlock staking rewards, leading to your token balance growing over time and increasing your crypto returns.
With the Bitcoin Minetrix website showing an impressive APY of 87% at the time of writing, it’s not surprising that almost 10% of the total token supply is already staked on the platform.
$BTCMTX tokenomics and minedrop
Bitcoin Minetrix introduces a unique tokenomics model centered around its ERC-20 token, $BTCMTX, with a total supply of 4 billion $BTCMTX tokens.
The allocation plan is as follows: 42.5% for the presale to fund mining operations, 35% for marketing and community initiatives, 12.5% for the staking rewards pool, and the remaining 10% for community rewards. This strategy aims to ensure a fair distribution of tokens and support different aspects of the Bitcoin Minetrix ecosystem.
Moreover, Bitcoin Minetrix presents an exciting opportunity to take part in a $30,000 airdrop. With over 31,000 entries and 180 days left, participants can increase their chances of winning by actively engaging with the platform through various social media channels.
This competition provides yet another way for potential participants to benefit from the initiative. To take part in the $BTCMTX presale, visit bitcoinminetrix.com.
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