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There is currently increased interest in Bitcoin-related projects such as Bitcoin Minetrix ($BTCMTX). The presale of BTCMTX was successfully completed within two weeks. The available BTCMTX tokens were already sold out before the scheduled time. In response to strong demand, the price rose from $0.011 to $0.0111.
Crypto presales are of course associated with risks due to the early timing of the investment. However, if speculative investors are interested in the concept behind Bitcoin Minetrix, they could carefully analyze the new coin.
Find out more about Bitcoin Minetrix
Tokenized & Decentralized Bitcoin Cloud Mining
Bitcoin mining is experiencing increasing centralization, making it difficult for private investors to access. This is due to several factors, including the increasing difficulty of mining. The higher difficulty requires powerful and more expensive hardware, which tends to favor large mining farms.
These centralized facilities have the resources to mine efficiently and therefore a competitive advantage. This trend excludes private miners as costs and competition increase, threatening the decentralization of Bitcoin mining and limiting market access for individual investors.
The team describes the claim as follows:
Bitcoin Minetrix introduces a reliable cloud mining platform for everyday crypto users, designed to solve the problem of high hardware costs and fraudulent scams that have discouraged people from BTC mining.
Ergo, there is a new platform for tokenized Bitcoin cloud mining that also allows retail investors to participate in Bitcoin mining via a decentralized mining infrastructure. Given the increasing centralization of mining and the need for modern solutions to secure the network, Bitcoin Minetrix offers an exciting solution.
The platform gives normal investors the opportunity to participate in lucrative Bitcoin mining without major entry hurdles such as expensive hardware or extensive technical knowledge. Bitcoin mining becomes a simple process and with a transparent Ethereum blockchain, the integration of smart contracts and the stake-2-mine approach, Bitcoin Minetrix aims to simplify mining and make it accessible to everyone.
Staking rewards & mining credits: Bitcoin Minetrix offers these dual rewards
In addition to the potential for Bitcoin Minetrix to increase in value, rewards also play an important role in the concept. Staking is an integral part of Bitcoin Minetrix. At the same time, investors who pre-sell BTCMTX with ETH can start staking immediately. According to the official real-time staking dashboard, there are currently returns of over 300%. These are paid out in BTCMTX tokens.
Passive rewards are already possible with Bitcoin Minetrix until the Stake 2 Mine function is introduced. The mining credits will then replace today’s staking rewards. These are suitable for Bitcoin mining via the Ethereum blockchain because the mining credits can be used for hash power and then burned. The rewards from Bitcoin mining are distributed proportionally.
The following applies: The more BTCMTX tokens are staked, the greater the number of mining credits. The more mining credits are then destroyed (burned), the more hash power investors can acquire. The proportional returns from the new tokenized, Ethereum-based cloud mining also increase.
Bitcoin mining via Bitcoin Minetrix
Awareness increases: Crypto influencers praise Bitcoin Minetrix
It is crucial for any new cryptocurrency to gain greater awareness and generate some virality. This process of building trust, creating a solid community and disseminating information is crucial to realizing potential. Because without increasing awareness, there is usually a lack of demand.
This applies not only to meme coins, but basically to all cryptocurrencies, as the competition is high and investor interest must be aroused in order to achieve long-term success.
Bitcoin Minetrix not only creates associations with the Bitcoin brand, but numerous crypto influencers have already reported on the presale. This broad support in the crypto world underlines the potential associated with the innovative project.
For example, YouTuber Joe Parys, with over 300,000 subscribers, recently praised a great “cost-effective way to avoid dealing with the difficulties” that come with Bitcon mining in 2023. Simplicity and accessibility are attractive advantages of decentralized cloud mining.
The well-known influencer Michael Wrubel, who has around 310,000 followers, has also recently been involved with Bitcoin Minetrix. In a video with over 14,000 views, Wrubel explained why he is bullish on Bitcoin Minetrix.
Of course, crypto investors should never blindly follow the predictions of any analyst or influencer. Rather, an independent analysis is required in order to make a well-founded and independent investment decision. Whitepapers, roadmaps and audits are transparently available on the official Bitcoin Minetrix website.
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