Revolutionary Bitcoin cloud-mining project, Bitcoin Minetrix, has achieved a significant milestone by surpassing its $500,000 presale goal. This project is introducing the concept of tokenized Bitcoin cloud mining, which has caught the attention of top influencers in the crypto world. With its innovative business model, Bitcoin Minetrix aims to make Bitcoin mining accessible to everyday individuals. All you need to do is purchase and stake the token, and the automated system will generate credit for your account to mine Bitcoin in the cloud.
To attract more buyers, Bitcoin Minetrix has announced a $30,000 Minedrop giveaway. You can enter in six different ways by visiting their website. The project has garnered excitement from influencers like Crypto Gains and Cilinix, who believe that Bitcoin Minetrix has the potential to disrupt the mining industry and redistribute profits from corporations to retail investors.
Bitcoin Minetrix operates on the Ethereum blockchain as an ERC-20 token. By buying and staking $BTCMTX tokens, you can earn a yield of over 1,000%. This yield is dynamic and will decrease as more people join the staking pool. However, it still offers an astronomical return compared to traditional investment options.
The mining process begins once the stake-to-earn period ends. Stakers will then receive profit income from the mining activity based on the number of tokens they have dedicated to the Stake-to-Mine process. Bitcoin mining requires substantial capital outlays and high electricity costs, but with Bitcoin Minetrix’s cloud mining approach, these complications are eliminated.
One of the advantages of Bitcoin Minetrix is that it helps keep Bitcoin decentralized by avoiding concentration of hash power in specific entities or jurisdictions. This decentralization enhances security and prevents potential 51% attacks. Austin Hilton, a crypto expert analyst, believes that Bitcoin Minetrix is a hidden gem in the market due to its competitive advantages and calls it “the ultimate altcoin now.”
By tokenizing the Bitcoin mining process, Bitcoin Minetrix not only improves efficiency and security but also provides an opportunity for average individuals to benefit from mining profits during the upcoming Bitcoin halving. The project’s smart contract has been audited by Coinsult with no major issues identified. With the halving approaching, Bitcoin Minetrix positions itself as a platform ready for the bull run.