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Rapidly Expanding Cryptocurrency Cloud Mining Initiative Approaching $1 Million Mark in Presale – Bitcoin Minetrix ICO

With the cryptocurrency market stepping into the fourth financial quarter—a time that’s historically yielded substantial successes—discussions about the impending crypto bull market are gaining momentum.

As traders look forward to the much-anticipated 'Uptober' surge, excitement is building around a new cryptocurrency, Bitcoin Minetrix, which is already making waves by amassing a remarkable $815,000 in just over a week. token ICO This project represents a decentralized cloud mining platform, opening doors for average investors to earn passive BTC mining rewards without the stress of competing against industry giants.

Bitcoin Minetrix With the next halving of Bitcoin expected in April 2024, BTC Minetrix could prove essential for retail investors eager to dive into a profitable sector of mining that has largely left them behind for over a decade.

It’s no surprise that everyone from wealthy investors to popular influencers in the crypto space are snapping up tokens in the presale stage, driven by the abundant potential for considerable price appreciation.

In What Ways Will Bitcoin Minetrix Transform the Mining Landscape?

In the nascent era of Bitcoin, mining was an incredibly efficient method for accumulating BTC—ordinary users with just a standard CPU were capable of mining thousands of tokens.

Take the story of Laszlo Hanyecz, known for trading 10,000 BTC for two pizzas, a legendary event in Bitcoin history. What many overlook is that Hanyecz likely mined all those BTC himself, being one of the first to understand that using a Graphics Processing Unit was far more advantageous for mining than a regular CPU.

Then the game changed in 2013 with the introduction of Application-Specific Integrated Circuits (ASICs), which completely revolutionized the landscape. These were the first devices tailored specifically for Bitcoin mining, providing billions of times more hashing power than traditional CPUs.

More crucially, as corporations recognized the lucrative possibilities, they began establishing vast mining farms filled with thousands of ASICs. Major entities often pool their computing power together, and right now, two behemoths—Foundry and Antpool—control half of the global Bitcoin hash rate.

In essence, the tale of Laszlo Hanyecz mining 10,000 BTC would be virtually impossible in today's world. Depending on where you are, a solo miner might have to invest anywhere from $40,000 to $200,000 for a single Bitcoin, whereas companies like Riot Platforms can mine thousands in just a single quarter.

Bitcoin Minetrix aims to disrupt this prevailing monopoly—through its stake-to-mine approach, investors can earn Bitcoin mining rewards simply by purchasing and staking $BTCMTX tokens. Their motto succinctly captures their vision: 'Bitcoin Minetrix mines Bitcoin so you don't have to.'

How Bitcoin Minetrix Is Positioned to Revolutionize Mining?

Those who stake their tokens are awarded with ERC-20 mining credits, which they can exchange for cloud mining time or a share of the yield. This innovative mechanism allows users to reap BTC rewards without managing a mining operation directly.

Benefits of Bitcoin Minetrix’s Decentralized Cloud Mining

The arrival of ASIC technology made it clear that retail investors were outmatched by large mining companies, leading to the concept of cloud mining—where investors can rent a fraction of hashing power without needing extensive knowledge or significant capital.

Sadly, the early cloud mining landscape was marred by fraud—sites like Fancy Crypto, Happy Miner, and IDMining did a good job appearing legitimate before ultimately absconding with investors’ funds.

In response to these challenges, Bitcoin Minetrix has launched a decentralized and tokenized cloud mining platform. Its stake-to-mine interface provides investors with total transparency and control, enabling them to unstake and sell their tokens whenever they wish.

This model also does away with the long-term cash contracts typically imposed by older cloud mining platforms.

The project has undergone an audit by Coinsult, which found no weaknesses or risks related to centralization.

The Bitcoin Minetrix smart contract Attractive Staking Rewards and Community-Driven Tokenomics May Position $BTCMTX as the Next 10x Token

As previously mentioned, Bitcoin Minetrix’s cloud mining initiative could be one of the prime opportunities for retail investors aiming to create passive BTC revenue, having earmarked 42.5% of its token supply for this operation.

Moreover, 7.5% of the tokens are set aside for staking rewards even before the stake-to-mine app is launched. Currently, the $BTCMTX staking pool boasts an APY exceeding 700%, with more than 55 million tokens already staked.

Attractive Staking Rewards and Community-Driven Tokenomics May Position $BTCMTX as the Next 10x Token

An additional 15% of the tokens is devoted to exciting community rewards, a strategy likely to enhance user engagement and adoption. The remaining 35% of the $BTCMTX supply will support promotional efforts.

”, with 10 fortunate participants winning $3000 each.

The project has also announced a $30,000 “ Minedrop Thanks to its well-structured tokenomics and appealing value proposition, Bitcoin Minetrix has attracted attention from savvy traders. The administrator of the

Telegram group—boasting over 25,000 members—recently made a substantial investment in the token, dubbing it a 'winning opportunity.' Crypto Whale Pumps Others in the trading community share this optimism. A well-known trader

Famous YouTubers such as Crypto Gains and Michael Wrubel expects that the Bitcoin Minetrix token could witness an exponential 10x increase post-launch. Jacob Bury Investors eager to take advantage of this potential price surge can visit the presale at bitcoinminetrix.com, where they can acquire tokens using credit cards or by exchanging ETH, BNB, or USDT.

, remember that the information on this page is not meant to be interpreted as legal, tax, investment, financial advice, or any other form of guidance. Always invest what you can afford to lose and seek independent financial counsel if you have reservations. For more details, we recommend checking the terms and conditions and the help and support sections provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and impartial reporting, though market conditions can shift unexpectedly.

Visit Bitcoin Minetrix Presale

Disclaimer

In line with the Trust Project guidelines Damir leads the Metaverse Post team as a product manager and editor, focusing on cutting-edge topics like AI/ML, AGI, LLMs, and the evolving realms of Metaverse and Web3. His writings draw in a large audience, boasting over a million users monthly. With a decade in SEO and digital marketing, Damir has established himself as an expert, with features in notable publications including Mashable, Wired, Cointelegraph, and others. He lives as a digital nomad, traveling across the UAE, Turkey, Russia, and the CIS. With a bachelor's degree in physics, he attributes his success in the fast-paced online environment to the critical thinking skills gained through his education.

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