Bitcoin Minetrix: Revolutionizing Bitcoin Mining for Retail Investors
After the US Securities and Exchange Commission (SEC) declined to request an appeals court reconsideration of the Grayscale Bitcoin ETF, the Bitcoin price has experienced a surge. This has led to a search for Bitcoin alternatives, with one such alternative being Bitcoin Minetrix ($BTCMTX). The presale for Bitcoin Minetrix is currently in its second stage, with $1,583,700 already raised.
Bitcoin Price Surge and the US Government’s BTC Reserves
The recent move by the SEC has invigorated the Bitcoin price. Additionally, it has been revealed that the US Government holds the largest BTC reserve of any country. These factors have led to three consecutive days of price increases, with Bitcoin currently trading at $28,200.
During this surge, a fake news story published by CoinTelegraph caused the Bitcoin price to surpass the 20-day moving average (20DMA), which had previously acted as resistance. This increase in price has also positively impacted futures market ETFs like the ProShares Bitcoin Strategy ETF (BITO), which has surged 5.29%.
Bitcoin Minetrix and Its Importance for Network Security
Bitcoin mining has evolved from basement ASICs to a multi-billion dollar industry. However, this success has brought about increased centralization. Currently, just two mining pools (Foundry USA and Antpool) control 57.5% of the Bitcoin network hashrate. To ensure long-term network security, modern solutions are needed.
Bitcoin Minetrix provides such a solution by offering tokenized Bitcoin cloud mining. This allows retail investors to mine BTC across a decentralized mining infrastructure, thus contributing to Bitcoin’s network security. With Bitcoin Minetrix, investors can purchase $BTCMTX tokens during the presale and stake them to earn cloud mining credits. The automated system handles the mining operations, eliminating the need for expensive hardware or technical knowledge.
Market-Beating Staking Returns with $BTCMTX
Bitcoin Minetrix offers smaller investors the opportunity to become „Wholecoiners“ at a fraction of the cost. In addition, 7.5% of the $BTCMTX supply is designated for staking. This creates a dual-earn function, where holders can first earn $BTCMTX tokens at an impressive annual percentage yield (APY) of 733%. To earn these tokens, 158.5 $BTCMTX are rewarded for every Ethereum block produced. After the launch of mining operations, holders can also earn passive BTC income through stake-to-mine earning.
To incentivize participation in the presale, Bitcoin Minetrix is hosting a $30,000 Minedrop giveaway via Gleam.
Bitcoin Minetrix: A Leading Choice for Crypto Influencers
Bitcoin Minetrix has gained the attention of crypto influencers, especially on platforms like YouTube. Joe Parys Crypto, one of the top YouTube crypto influencers, praised Bitcoin Minetrix as a cost-effective way to gain exposure to Bitcoin mining. He highlighted the hassle-free nature of cloud mining, which eliminates the need for expensive hardware or dealing with electricity costs.
Other prominent influencers, like Jacob Bury and Abdessamad Geek, have also showcased their support for Bitcoin Minetrix in their coverage. The innovative project has even attracted attention from influencers in non-Western markets, such as MoneyTime from Russia.
How to Get Started with Bitcoin Minetrix
Joining the Bitcoin Minetrix presale is straightforward. Users need to connect a crypto wallet loaded with either ETH or USDT (bank card option also available) and select the desired amount of $BTCMTX tokens to purchase. Once the tokens are acquired, staking can begin with just a couple of clicks, allowing investors to start earning passively.
To stay updated and connected with the Bitcoin Minetrix community, users can join their channels on X, Discord, and Telegram.
Please note that investing in crypto assets carries risks, and this article is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions (FAQs)
1. What is Bitcoin Minetrix?
Bitcoin Minetrix is a tokenized Bitcoin cloud mining platform that allows retail investors to mine BTC across a decentralized mining infrastructure. It offers an opportunity for everyday investors to participate in Bitcoin mining while contributing to the network’s security.
2. How does Bitcoin Minetrix work?
Investors can purchase $BTCMTX tokens during the presale and stake them to earn cloud mining credits. The automated system handles the mining operations, eliminating the need for expensive hardware or technical knowledge.
3. What are the benefits of Bitcoin Minetrix?
Bitcoin Minetrix provides a cost-effective way for investors to gain exposure to Bitcoin mining. It offers market-beating staking returns, with an impressive annual percentage yield (APY) of 733%. Holders can earn $BTCMTX tokens and, after the launch of mining operations, passive BTC income through stake-to-mine earning.
4. Are there any incentives for participating in the Bitcoin Minetrix presale?
Yes, participants in the presale have the opportunity to participate in a $30,000 Minedrop giveaway hosted through Gleam.
5. How can I get started with Bitcoin Minetrix?
To join the presale, users need to connect a crypto wallet loaded with either ETH or USDT (bank card option also available) and select the desired amount of $BTCMTX tokens to purchase. Staking can then be initiated to start earning passively.
6. Is Bitcoin Minetrix a safe investment?
Investing in crypto assets carries risks, and users should conduct their own research and exercise caution. This article is for informational purposes only and does not constitute investment advice.
