Investors continue to hurry to the Bitcoin Minetrix ($BTCMTX) presale, pushing the fundraising beyond the $4 million milestone today.
It seems early adopters are intrigued by its novel stake-to-mine ecosystem that allows its users to mine $BTC in a decentralized way, removing the scams prevalent in the cloud mining sector today.
With the presale gaining momentum, just one day remains at the current price point – making time of the essence to benefit from the early adopter prices.
What you'll learn 👉
Bitcoin Minetrix Crosses $4 Million Milestone as Investors Rush to Passive Mining Opportunity.
Bitcoin Minetrix ($BTCMTX) officially crossed the $4 million milestone today as investors rush to the opportunity for passive $BTC mining.
Bitcoin Minetrix helps everyday users mine Bitcoin by simply staking their $BTCMTX tokens.
The project blends two of the hottest trends in the crypto industry today – staking and mining – helping users to double their earning potential.
Given its speedy rise in fundraising, it’s clear investors believe this project has the potential to revolutionize the cloud mining industry and provide 10x returns.
Stake-to-Mine Set to Democratize Cloud Mining Ahead of Block Halving
The stake-to-mine ecosystem behind the project aims to transform the cloud mining landscape.
Cloud mining allows individuals to mine cryptocurrency without buying expensive hardware or maintaining it.
Instead, users can rent some of the computational resources at mining centers and start earning through mining.
It provides a cost-effective, easy route to entry to the mining sector, removing worries of resale value and high electricity costs.
Unfortunately, all cloud mining services today are centralized platforms that enact shady practices.
These shady practices often lock users into long-term contracts and leave miners short on their expected earnings.
Bitcoin Minetrix intends to change this through its stake-to-mine ecosystem.
By tokenizing the process, users on Bitcoin Minetrix retain complete control of their funds every step of the way.
They simply have to buy and stake $BTCMTX tokens to earn Mining Credits, which can then be burnt in exchange for mining time on the Bitcoin Minetrix mining solution.
The stake-to-mine ecosystem provides complete flexibility as $BTCMTX can be unstaked and sold anytime.
Furthermore, the audited smart contracts automatically allocate user earnings, ensuring miners earn their complete expected payout.
The novel concept is quickly gaining attention amongst a handful of crypto influencers.
For example, Michael Wrubel, an analyst with over 300,000 subscribers, recently released a breakdown of the project – citing that he’s bullish on the project’s future.
With the cloud mining sector expected to grow by $12 billion between 2022 and 2027, it’s clear that investors believe Bitcoin Minetrix will be a leader in the space – especially with the Bitcoin block halving approaching in 2024.
Stake and Mine and Earn Double Rewards
Furthermore, investors are intrigued by the long-term prospects of Bitcoin Minetrix as the rewards are doubled through staking and mining.
Users have to stake $BTCMTX token to earn Mining Credits to gain access to the mining platform.
However, the act of staking also provides them with a reward.
Those currently staking their $BTCMTX tokens are earning an impressive 150% APY on their holdings;
In addition, the act of staking also locks tokens away from circulating supply – preventing them from being sold during the staking time.
As a result, analysts believe there might be a supply shock on the open market if more $BTCMTX holders stake their tokens.
Therefore, newcomers to $BTCMTX might struggle to buy the token after the presale – or will be forced to buy at much higher prices.
Get Positioned Today Before Prices Rise Again
The presale continues to blaze through its milestones as investors rush to get positioned as early as possible.
Those buying $BTCMTX right now can purchase the token for $0.0116.
However, a rising pricing strategy is in place that rewards early adopters with lower entry prices.
The token’s price is expected to rise to $0.0017 in just one day – meaning you’ll have to be quick to get positioned at these prices.
With the token expected to launch for $0.002, those buying in these stages will leave with a healthy unrealized return.
Overall, with the price of Bitcoin rising in recent weeks, investors are looking to diversify into the mining sector, which provides passive earnings. Bitcoin Minetrix provides the perfect opportunity to get positioned in the mining sector with 50x potential without taking too much exposure.
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