Bitcoin Minetrix (BTCMTX) Launches New Industry-First Stake to Mine Crypto Project
Staking and mining- with these two concepts intertwined, many new investors have a chance to get into mining without worrying about cost and environmental concerns. Making this a reality is Bitcoin Minetrix.
With its one-of-a-kind “Stake-to-Mine” concept, this new cryptocurrency project makes mining more accessible and less cumbersome for standard cryptocurrency investors.
Powered by $BTCMTX, its native ERC-20 token, Bitcoin Minetrix’s unique value proposition involves staking tokens and getting access to Mining Credits that people can use to interact with a cloud mining ecosystem. With the added layer of security provided by blockchain technology, this project also addresses Cloud mining scams, making cloud mining secure for everyone.
BTCMTX Presale Goes Live
The new project has launched its presale this week, with an initial target of $3.08 million during the first stage. The presale has 10 stages in total, with the $BTCMTX token price currently set at $0.011. With its unique concept, some sites have already rated it among the top crypto presales to watch in 2023.
Using Blockchain Technology to Address Cloud Mining Scams
The prospect of having access to cloud mining systems has always been enticing for investors, but the risks associated with them when legacy systems are employed are often ignored. Many legacy cloud mining companies, such as Fancy Crypto, IDMining, USDMiner, and Muximiner, have indulged in dubious behaviors that haven’t put cloud mining in the best light.
While these companies offered good returns when small deposits were made, when deposits were increased, so did the complications. There were reports of these companies asking for more funds and even withholding withdrawals at times. Such circumstances have often put a question mark on the trustworthiness of cloud mining.
Bitcoin Minetrix is dealing with such matters using blockchain technology. Converging the world of staking and mining, Bitcoin Minetrix essentially tokenizes cloud mining. Not only will that make mining more accessible, but it also creates a decentralized ecosystem that voids the chance of bad actors having any influence.
How Does Bitcoin Minetrix Work?
Bitcoin Minetrix (BTCMTX) is the world’s first stake-to-mine token. Those who buy $BTCMTX can stake their tokens to engage with a uniquely tokenized cloud mining ecosystem. This ecosystem eliminates the need to buy cash contracts from mining companies, increasing all opportunities to engage with mining fairly.
When these tokens are staked, stakers can access cloud mining credits. Cloud mining credits are non-transferable ERC-20 tokens that are burned in exchange for getting BTC cloud mining time or the percentage of mining yields. The mined Bitcoin is then transferred to a user’s wallet.
Facilitating this entire process will be the Bitcoin Minetrix web application and mobile app. Immaculately designed for maximum accessibility, the Bitcoin Minetrix platform will offer a simple way to interact with the tokenized cloud mining ecosystem.
Why Pick Bitcoin Minetrix?
Bitcoin Minetrix’s unique value proposition is to make mining more accessible. Not only will users have access to passive rewards from mining with little effort, but it will also absolve them from putting any upfront costs and owning any mining infrastructure.
The process of acquiring hash power, which involves getting mining credits, which are non-transferable ERC-20 tokens, means that users will have full access and control of their funds. That provides an added layer of security that surpasses standard legacy mining systems.
In addition to these perks, users can unstake their $BTCMTX tokens at any time and trade them, which adds a new level of flexibility.
These benefits are underscored by the fact that Bitcoin Minetrix has a low entry barrier. No technical expertise is required, and neither is there a need to have large hardware to facilitate the mining process. Just buy $BTCMTX tokens, stake them, and get access to cloud mining facilities.
Bitcoin Minetrix Presale
Bitcoin Minetrix has the goal to raise more than $15 million during its presale, in which it is offering 70% of its total supply of 4 billion tokens. Investing in the presale will allow users to get in early and make gains from price appreciation from the presale’s appreciating stages.
The funds acquired during the presale will be used to create the Bitcoin Minetrix platform and marketing.
Bitcoin Minetrix Tokenomics
There are 4 billion tokens in total, out of which.
- 42.5% will be allocated to Bitcoin mining.
- 35% will be allocated to marketing.
- 15% is for the community.
- And 7.5% is for staking rewards until the platform is developed.
Participate in the presale by going to the official website – bitcoinminetrix.com. To stay updated with the project’s development, join Bitcoin Minetrix’s following social media handles:
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
