Next 10X Potential Cloud Mining Crypto Presale Project Raises Over $10 Million

adminFebruary 5, 2024

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Bitcoin Minetrix, a new pre-sale project that aims to democratize cloud-based mining prospects, has surpassed $10 million in fundraising.

As Bitcoin mining operations expand rapidly ahead of the April halving, which will reduce miner income significantly by reducing block rewards from 6.25 coins to 3.125 coins, large mining farms are aggressively scaling up to protect their profits.

Despite the emergence of cloud mining solutions that support potential miners, the existing cloud mining environment faces many challenges. Fraud is rampant, putting many cloud mining companies at risk of unexpectedly withdrawing their support.

Many people detail their unfortunate experiences of investing their hard-earned money into cloud mining contracts but not receiving the promised mining rewards.

The inherent problem stems from the centralized nature of the traditional cloud mining ecosystem, which Bitcoin Minetrix aims to solve with a transparent on-chain approach.

The platform’s unique stake-to-mine smart contracts manage all cloud mining credits and allocations directly on the blockchain, allowing users to customize details such as mining periods through their personal dashboard.

Bitcoin Minetrix’s transparent and user-friendly approach to cloud mining

Bitcoin Minetrix introduces unique stake-to-mine capabilities within the cloud mining ecosystem, serving users without any hardware or technical expertise, making it particularly user-friendly for beginners. The decentralized and transparent nature of $BTCMTX minimizes the risks associated with cloud mining fraud.

Primary use cases include users purchasing and staking $BTCMTX tokens, the native token of the Bitcoin Minetrix ecosystem. By staking these tokens, users gain access to mining credits, which are ERC-20 tokens with unique characteristics. This means that they cannot be traded, but can only be burned.

Burning a certain number of mining credits grants users mining time within the Bitcoin Minetrix cloud mining ecosystem. At the end of the mining period, the mined Bitcoins are immediately transferred to the user’s trading account. Bitcoin Minetrix offers two ways to make money:

The on-chain rewards of the staking activity itself, combined with the mined Bitcoin, create a complex reward structure for investors. The platform recently unveiled a dashboard that provides users with a centralized hub to manage all their $BTCMTX tokens.

This acts as a gateway to participate in Bitcoin Minetrix’s mining equipment and staking facilities. The full functionality of the dashboard will be accessible after the project completes pre-sale, which is expected to take place soon.

In addition to mining rewards, $BTCMTX stakers can earn an impressive Annual Percentage Yield (APY) of up to 65%, with over $637 million BTCMTX already staked.

Featuring both Bitcoin mining and staking rewards, Bitcoin Minetrix offers users a powerful opportunity to earn cryptocurrency through two attractive income streams.

Watch the video above for the latest Bitcoin Minetrix pre-sale update and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related content. Jacob also runs a Discord channel that boasts 20,000 members, providing users with valuable trading tips and insights on upcoming cryptocurrency presales.

Bitcoin Minetrix Presale Update – Surpasses $10.2 Million

Bitcoin Minetrix is now more than halfway through its pre-sale phase and has raised over $10.2 million in initial investment. Given the soft cap of $15 million, there is still plenty of time for potential investors to get involved before the project officially launches.

The ongoing pre-sale is offering each $BTCMTX token at $0.0132, considering a total supply of 4 billion tokens. Token allocation includes 42.5% presale, 35% marketing, 12.5% staking, and 10% community. Potential investors can visit our guide on how to buy $BTCMTX tokens here.

Big announcement! 🎉#Bitcoin Metrics We’ve reached the incredible milestone of raising over $10,000,000! 🪙 pic.twitter.com/toEsT1NvWv
— Bitcoin Minetrix (@bitcoinminetrix) January 31, 2024

In addition to pre-sale opportunities, Bitcoin Minetrix also offers attractive incentives to investors. The project is holding a ‘Minedrop’ where 10 winners will be split the prize money, giving them the chance to win $30,000 worth of $BTCMTX.

Contestants can increase their chances of winning by completing simple tasks, such as following social media channels. For more updates, we recommend following Bitcoin Minetrix’s Telegram channel and its X account (formerly Twitter). To participate in the $BTCMTX presale, visit bitcoinminetrix.com.

A new cryptocurrency mining platform – Bitcoin Minetrix