Join Our Telegram channel to stay up to date on breaking news coverage
Investors have just over five days left to snap up cloud pioneering stake-to-mine crypto token Bitcoin Minetrix ($BTCMTX) before its presale concludes.
After raising a staggering $13 million, the token is now in the final round of a thirty-nine-round ICO. That means it has a fixed price of $0.0148 until the conclusion of the ICO at 12:00 UTC, Saturday, April 28.
From then on, Bitcoin’s post-halving rallies could potentially pump the token to new heights after exchange listings.
The reason being that as of Saturday, April 20, Bitcoin miners now make 3.125 BTC per block. Prior to the halving, the miners’ reward value was set to 6.25 BTC.
But hasn’t that made Bitcoin mining less profitable? That’s a complicated question; the simple answer is no, certainly not. We have had three halvings previously, and they’ve each made Bitcoin more profitable.
See, while mining rewards have gone down, demand for Bitcoin is still on or near an all-time high thanks to heightened institutional demand from eleven US spot Bitcoin ETFs that launched back in January.
So when there’s less Bitcoin to meet the same demand, the BTC in circulation becomes more valuable. This is why Bitcoin’s previous three halvings have catalyzed bull runs.
All this is to say it’s actually the perfect time for a token that smashes down the barriers to entry into the world of Bitcoin mining.
#BTCMTX Announcement! 📢
— Bitcoinminetrix (@bitcoinminetrix) April 22, 2024
The final stage of #BitcoinMinetrix will be ending on April, 28th at 12 pm UTC! ⏰
Followed by the Claim event scheduled for April, 30th at 10 pm UTC! 🚀
Mark your calendars to ensure you don't miss out on these important dates! 🗓️ pic.twitter.com/s8RSTqlj6I
Bitcoin Minetrix (BTCMTX): A Brief Overview
Bitcoin Minetrix deploys Ethereum smart contracts to net investors greater yields through a staking protocol that actually mines real Bitcoin.
How does it work? All anyone has to do is simply buy and stake BTCMTX via the website. There’s no minimum buy and token withdrawal is simple, so it’s a fairly low-stakes entry into mining compared to buying and deploying specialist mining hardware.
Users can currently stake their BTCMTX to earn more BTCMTX during the presale. However, after the platform launches, staking users who lend their BTCMTX to the protocol will receive cloud mining credits representing hash power.
The more hash power users accumulate, the more guesses Minetrix’s cloud mining software can make to break the network’s cryptographic puzzles and validate blocks of transactions (aka mine) for BTC rewards.
The platform also rewards staking with more BTCMTX, further fuelling the staking/mining cycle and generating a lucrative double stream of revenue.
🔍 #Crypto miners may shift towards #AI post #BitcoinHalving for higher revenue, says @CoinSharesCo.
— Bitcoinminetrix (@bitcoinminetrix) April 22, 2024
With production costs projected to double, how do you think miners will adapt to these changes? 💡#BTCMTX has also now raised over $13.2 million! 🎉 pic.twitter.com/Hg07DODpPb
Bitcoin Minetrix returns crypto to its fundamental ethos of decentralization by putting mining capabilities in everyone’s hands.
Interested investors have just over five days to get ready for the post-halving rallies.
New Crypto Mining Platform - Bitcoin Minetrix
- Audited By Coinsult
- Decentralized, Secure Cloud Mining
- Earn Free Bitcoin Daily
- Native Token On Presale Now - BTCMTX
- Staking Rewards - Over 50% APY
Join Our Telegram channel to stay up to date on breaking news coverage
