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Investors are rushing to the new stake-to-mine project, Bitcoin Minetrix, contributing to its achievement of the $1.6 million milestone in its $BTCMTX presale. $BTCMTX’s distinctive approach to Bitcoin mining has attracted the attention of both fresh and experienced investors, who see the potential for significant growth in the token.
Several projects are now using Bitcoin as a base to improve its use and create a new path for the original cryptocurrency. These risky alternatives, sometimes called ‘next-gen Bitcoins,’ can be more profitable.
This post will highlight why this emerging Bitcoin alternative has more room for growth and enhanced profitability as well as its intended solutions to crypto mining challenges.
Bitcoin Minetrix’s Game-Changer for Inclusive Bitcoin Mining
Bitcoin Minetrix approach enables regular cryptocurrency enthusiasts to take part in Bitcoin mining, a process usually dominated by large corporations with costly equipment. Users can purchase $BTCMTX tokens and stake them to earn non-transferable ERC20 tokens.
These credits are then consumed to access Bitcoin cloud mining power, allowing users to earn recurring BTC rewards. Staking $BTCMTX tokens also offers rewards to holders – during the presale, stakers can enjoy an impressive 352% annual percentage yield (APY) as an incentive for long-term holding.
This staking method will continue to provide returns to token holders even before the official launch of the stake-to-mine platform. Ultimately, by tokenizing the hash power acquisition process, Bitcoin Minetrix grants users more control and flexibility over their mining operations.
Users can unstake and trade their tokens at any time while avoiding the issues associated with many cloud mining companies, such as scams and lack of decentralization.
View the video above for the full Bitcoin Minetrix presale update, and be sure to subscribe to his YouTube channel for additional crypto-related content. Jacob Crypto Bury also runs a Discord channel with 17,000 members, offering trading advice and insights on upcoming crypto presales.
Getting Started with $BTCMTX – How to Start Earning Rewards and the Token’s Strategic Design
To initiate your mining journey with Bitcoin Minetrix, your first step is to acquire $BTCMTX tokens, currently available at a discounted rate of $0.011 per token. The presale comprises ten phases, each one progressively increasing the token’s price. In the final stage, the token will cost 8% more at $0.0119.
Once you’ve secured the $BTCMTX tokens, proceed to the crypto staking module, where you can lock them into a smart contract. It’s that simple. Your account will then start accumulating rewards over time. Bitcoin Minetrix’s tokenomics are strategically designed to ensure the sustainable growth of the platform in the long run.
A substantial portion, 42.5% of $BTCMTX tokens, is allocated to support the core bitcoin cloud mining operations, ensuring an ample hashrate for rewarding stakers. These mining rewards, in turn, create essential utility and demand for $BTCMTX tokens.
Witness #BitcoinMinetrix achieving another remarkable milestone!
More than $1,600,000 raised!🪙 pic.twitter.com/yyrHTMRQz2
— Bitcoinminetrix (@bitcoinminetrix) October 17, 2023
An additional 35% of tokens are designated for marketing efforts and user acquisition, fostering positive network effects as more users join the platform and enhancing the value of $BTCMTX tokens.
Moreover, 15% of the tokens are reserved for community rewards, encouraging active involvement, advocacy, and providing incentives for users to contribute to the ecosystem. These rewards help align incentives between the project and its community.
Lastly, the remaining 7.5% of tokens are set aside for staking rewards during the initial period before the mining platform goes live. These generous staking rewards, distributed gradually, help increase the circulating supply fairly and in a controlled manner during the platform’s early stages.
For potential investors interested in getting started, they can visit the project’s website to purchase $BTCMTX using ETH, BNB, USDT, or bank cards, with a minimum purchase requirement of $10.
Bitcoin Minetrix’s Vision on Transforming the Future of BTC Mining
Bitcoin Minetrix has an ambitious plan that could genuinely change the BTC mining landscape. The team intends to release a mobile app and web dashboard soon, allowing users to fully use the staking and mining features.
In the future, Bitcoin Minetrix’s developers aim to partner with large cloud mining companies to expand the platform’s capacity. Bitcoin Minetrix has the potential to revolutionize the crypto mining sector by utilizing decentralized cloud mining.
Its inventive tokenization model reduces obstacles, enhances transparency, and provides a user-friendly way to mine Bitcoin. Compared to traditional mining, Bitcoin Minetrix offers lower costs, improved accessibility, increased security, and environmental benefits.
With the global crypto mining market projected to reach a value of $7 billion by 2032, Bitcoin Minetrix is strategically positioning itself to capture a significant portion of that market.
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