Bitcoin Minetrix presales surpassed $8.8 million despite Bitcoin price dropping nearly 10% in one week.

adminJanuary 21, 2024

join us telegram A channel to stay up to date on breaking news coverage

Bitcoin hit $49,000 last week after the SEC approved a spot BTC ETF, but the rally was short-lived, with the price falling more than 10% since then. As of this writing, bears have taken over the Bitcoin market, with the price down 3.02% to $40.8K over the past 24 hours.

Bitcoin’s volatility calls into question its claim to be a reliable store of value and highlights its potential as a purely speculative asset. While $BTC’s long-term prospects remain uncertain, emerging projects such as Bitcoin Minetrix are introducing unique features such as ‘Stake-to-Mine’, potentially providing improved price prospects.

Maximize Rewards with Bitcoin Minetrix’s Staking Strategy

Amid the short-term challenges facing Bitcoin, several innovative projects are emerging that have the potential to reshape the cryptocurrency space. Bitcoin Minetrix is one such initiative that brings a new perspective to this discourse through its ‘Stake-to-Mine’ framework, presenting a streamlined and comprehensive approach to Bitcoin mining.

Utilizing this protocol, individuals can stake $BTCMTX tokens to earn ‘mining credits’, which, when burned, grant access to cloud mining power. This method provides a path to earn BTC rewards without direct capital investment.

The platform eliminates the need for users to purchase and maintain their own mining equipment, which is notorious for producing noise and heat. With the halving expected in April, a decrease in new BTC in circulation could put upward pressure on prices.

As the value of Bitcoin increases, mining those blocks becomes more competitive and profitable. As a result, $BTCMTX holders who stake their tokens for cloud mining power may witness more valuable payouts following the halving event.

In addition to the staking-mining model, staking $BTCMTX can yield notable annual returns of 74%. There are currently over 560 million $BTCMTX tokens staked. Importantly, as more tokens are staked, the rate of return offered decreases, benefiting early participants in the Bitcoin Minetrix model.

Check out the video above to get the latest updates on the Bitcoin Minetrix presale, and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related videos. Jacob also runs a Discord channel with a community of 20,000 members where he provides trading tips and information on upcoming cryptocurrency presales.

BTCMTX Achieves Milestones in Presale Funding and Community Growth

Offered at $0.0129 in an ongoing pre-sale, $BTCMTX has successfully raised over $8.2 million in multi-stage funding. The minimum investment amount is $10 and transactions are accepted via ETH, USDT or credit/debit cards.

With a total token supply of 4 billion Bitcoin, Minetrix allocates 42.5% to mining and 7.5% to staking, along with other distribution plans. The project aims to reach its hard cap goal of over $33 million allocated for platform development, marketing, and staking rewards.

Bitcoin Minetrix has already attracted significant attention due to the rapid growth of social media. The Telegram channel boasts around 12,000 members, while the official X (formerly Twitter) account has amassed over 18,000 followers in just one month.

#Bitcoin Metrics We’ve reached another milestone by raising over $8,800,000! 🚀 pic.twitter.com/eHGCvK020O
— Bitcoin Minetrix (@bitcoinminetrix) January 19, 2024

Additionally, early backers can enjoy a $30,000 ‘minedrop’ on the platform. The prize will be split between 10 winners, and participants will have up to six chances to win by performing simple tasks such as following the project’s social media channels.

This easily accessible airdrop strengthened the appeal of Bitcoin Minetrix, helping accelerate marketing efforts and brand awareness.

Considering the initial success and gradual increase in pre-sale price, those interested in purchasing $BTCMTX at the most advantageous price should act immediately to avoid missing out on the potential opportunity. To participate in the $BTCMTX presale, visit bitcoinminetrix.com.

A new cryptocurrency mining platform – Bitcoin Minetrix