Bitcoin Minetrix ICO secures over $10 million in funding amid growing interest
Bitcoin Minetrix ICO raises over $10 million for equity mining platform
Bitcoin Minetrix, a cryptocurrency equity mining project, successfully raised more than $10 million in an initial coin offering (ICO). The fundraising effort has gained momentum within the cryptocurrency community thanks to Bitcoin Minetrix’s unique approach to cloud mining.
This ICO, currently in the 23rd stage of pre-sale, is attracting attention as it presents potential benefits to the industry, such as improved efficiency and security, due to Bitcoin Minetrix’s goal of tokenizing cloud mining.
The $BTCMTX token, priced at $0.0132, allows participants to claim a portion of Bitcoin mining profits as a utility function associated with token ownership.
With less than four days left in the pre-sale phase, the current token price is expected to rise to $0.0133. However, if the $10,928,040 goal is met before the deadline, the offer price will move to the next level.
Bitcoin Minetrix is connected to the Bitcoin mining ecosystem, positioning itself as a unique player in the market. The continued success of ICOs suggests growing interest in the platform. The platform aims to be one of the first stake-yielding DeFis to gain significant traction through its stake-mining capabilities and move the market towards value-oriented products.
Bitcoin Cloud Mining Revolution
Bitcoin Minetrix is working to simplify Bitcoin mining and make it accessible to more people. Users receive Bitcoin by staking $BTCMTX tokens, earning mining credits, and then burning them.
Bitcoin Minetrix leverages the stake-mining system of the Ethereum blockchain to transform cloud mining into a stake-revenue model. The platform has high transparency and anti-fraud features and conducts all transactions on-chain, eliminating the risks associated with traditional cloud mining contracts.
Bitcoin Minetrix’s smart contract technology aims to ensure safe and efficient transactions by automating business logic. The platform’s smart contracts manage cloud credits, mining allocations, and durations, allowing users to set their preferences through a user-friendly dashboard.
Pre-sale allocation and cryptocurrency market development
Of the funds raised, 42.5% of $BTCMTX tokens will be allocated directly to mining operations. Marketing activities will consume 35% of the token allocation, with the goal of increasing project visibility and adoption.
Bitcoin Minetrix’s ICO success is rooted in growing interest in Bitcoin. ARK Invest CEO Cathie Wood presented her 2024 recommendation for an optimal Bitcoin portfolio allocation of less than 20%, an increase of over 13% over Wood’s Bitcoin optimal allocation in 2022.
As Bitcoin Minetrix evolves, it capitalizes on the growing interest and awareness of the value of Bitcoin within the acquisition environment.
Bitcoin Minetrix represents a unique venture within the cryptocurrency space, offering a new approach to Bitcoin cloud mining, and with only 4 days left until the end of Phase 23, users can secure $BTCMTX at the lowest price. Early entry is limited. increases.
You can also stay updated with the latest Bitcoin Minetrix pre-sale news and developments on Bitcoin Minetrix’s Telegram channel, Discord server, and X (Twitter).
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