Bitcoin Minetrix Blazes Past $3.4 Million With One Day To Go. Here’s Why Whales Are Building Big Positions

The presale for Bitcoin Minetrix ($BTCMTX) has blazed past the $3.4 million milestone with just one day to go at the current price point.

Whales are building big positions in this innovative stake-to-mine solution as they believe it can potentially disrupt the cloud mining industry ahead of the next block halving.

Given its extraordinary rise, it’s clear that investors are anticipating 50x returns alongside passive income through mining.

Here’s everything you need to know about why investors are building positions in this token.

Bitcoin Minetrix Blazes Past $3.4 Million As They Rush to Stake-2-Earn

Bitcoin Minetrix has already raised $3.4 million in its presale as investors rush to the stake-2-earn innovation behind the platform.

Bitcoin Minetrix is a platform that helps everyday users mine Bitcoin through an innovative and decentralized mining platform.

The project seeks to tokenize the cloud mining space to remove the prevalent scams within the industry.

With staking and mining being two of the industry’s most popular themes, Bitcoin Minetrix combines them into one ecosystem to provide double the earnings.

Considering its speedy climb to the $3.4 million mark, investors are backing this token as a revolutionary force in the cloud mining space.

Ecosystem Designed to Revolutionize Cloud Mining Ahead of Next Halving Cycle

In a nutshell, Bitcoin Minetrix wants to democratize the elite mining sector and remove the scams that plague the industry.

Cloud mining is nothing new in the crypto space.

It allows individuals to mine without having to pay for or maintain expensive mining equipment.

Instead, users rent a portion of the computational power at a dedicated mining center to start earning $BTC.

With the mining industry expected to grow by $12 billion between 2022 and 2027, it’s unsurprising that large players aren’t practicing ethically in the space.

As cloud mining is a centralized process today, investors are usually tied into long-term contracts through cash deposits. Furthermore, many miners are left short on their expected mining earnings.

Bitcoin Minetrix intends to change this by tokenizing the sector.

The tokenization of the entire sector ensures that users retain complete control of their assets at each stage of the process – providing complete flexibility for end-users.

Users simply have to buy and stake their $BTCMTX tokens to get started. In turn, they earn Mining Credits, which can be burnt in exchange for mining time on the cloud mining infrastructure.

The $BTCMTX can be unstaked and sold at any time, and users aren’t required to lock themselves into long-term contracts.

Furthermore, smart contracts automatically manage user allocations and $BTC earnings, providing complete transparency for miners.

Bitcoin Minetrix is expected to completely change how cloud mining functions, bringing it into the DeFi era ahead of the next block halving.

Double Earnings Potential Alongside 50x Value Appreciation

Another reason investors are eager to get positioned in $BTCMTX early is the potential of double earnings alongside a 50x value appreciation.

As Bitcoin Minetrix is a staking platform, it provides rewards for stakers of the $BTCMTX tokens – alongside the Mining Credits earned to start mining.

Currently, those staking $BTCMTX are earning an impressive 170% APY on their holdings;

The second avenue to earning on the platform is through the $BTC mining – doubling up the earnings.

In addition, investors are expecting huge returns from the token itself.

It’s not just investors thinking that. Some notable YouTube analysts are also expecting huge returns from the project.

For example, highly popular Michael Wrubel recently released a video of Bitcoin Minetrix to talk about his incredibly bullish optimism for its future;

With the Bitcoin block halving coming next year, Bitcoin Minetrix is setting itself up for an extraordinary year as it seeks to change the landscape before the block rewards are slashed again.

Following its impact, analysts expect a new breed of miners to enter the cloud mining space as they look to earn returns from this previously exclusive club.

Just One Day Remaining Until Price Hikes: Get Positioned Today

The Bitcoin Minetrix ($BTCMTX) presale continues to fly through the milestones and is just one day away from its next price increase.

$BTCMTX acts as the access card to the Bitcoin cloud mining platform – providing it with exceptional utility.

Currently, users can purchase the token for a price of $0.0114.

However, in 24 hours, the price of the token will rise to $0.0115 and will continue rising throughout the presale.

As a result, early adopters benefit the most from the lower entry prices.

Users can purchase $BTCMTX by swapping ETH, BNB, or USDT for the token on the project’s website.

Overall, with its revolutionary utility and multiple avenues for earning, Bitcoin Minetrix is setting the stage for explosive growth following its presale.

Visit the Bitcoin Minetrix Presale today

Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.