Investors are rushing to the stake-2-earn project Bitcoin Minetrix ($BTCMTX) as it crosses the $1.8 million milestone in just three weeks. With just three days to go at the current prices, the FOMO is officially kicking in for this groundbreaking project that combines staking and cloud mining.
Investors believe it has a chance for 10x returns due to its disruptive potential of the cloud mining sector ahead of the BTC block halving. In addition, with a string of notable influencers on board, the hype is steadily growing.
Investors rush to stake-2-earn Bitcoin Minetrix for double earnings
Investors are keen to become early adopters of the Bitcoin Minetrix ($BTCMTX) ecosystem at the lowest prices due to the double earnings it provides from staking and mining.
Bitcoin Minetrix is a staking platform that introduces a novel stake-to-mine concept allowing users to access a cloud mining facility. The project is designed to help everyday users mine $BTC while avoiding the prevalent scams in the cloud mining sector.
The creators behind the project believe that its stake-to-mine concept can completely transform the cloud mining landscape, and investors are quickly rushing to back the project. With the Bitcoin mining industry expected to grow by another $12B between 2022 & 2027, inventors believe this will be a disruptive force in the sector – evidenced by its speedy fundraising growth.
How does Bitcoin Minetrix double its earnings?
So, how does Bitcoin Minetrix double its earnings?
Well, it doesn’t. It actually triples the earnings.
Here’s how.
Users buy & stake $BTCMTX tokens to earn Mining Credits, which are non-transferrable ERC20 tokens.
The Mining Credits can be burnt in exchange for designated BTC cloud mining time on the Bitcoin Minetrix mining solution.
Once launched, users will be able to earn $BTC through the mining ecosystem by simply staking – providing one source of earnings. The second source of earnings is through staking. Those staking their $BTCMTX tokens are currently earning a 324% APY on their holdings:
Although this APY is expected to drop as more users enter the staking pool, it’s still providing a significantly higher return than every other stake-to-earn project.
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The third source of earnings is through the value appreciation of $BTCMTX. The token acts as the access card to the Bitcoin cloud mining solution, and users will require it if they want to mine.
As a result, the token’s value is expected to increase over time, with many early adopters anticipating a 50x return by the time the next Bitcoin block halving arrives.
Tokenizing the cloud mining sector ahead of BTC halving
Cloud mining isn’t a new concept in the crypto world. It allows users to mine $BTC without owning expensive mining equipment or possessing the expert knowledge required to set them up and maintain them.
Instead, users can simply rent a potion of the mining hashing power from a dedicated mining center in exchange for cash or crypto.
As a result, this provides an easy entry into the mining industry, which is cost-effective without worrying about high electricity bills.
However, one major problem with the centralized cloud mining solutions today is that they exhibit predatory behavior.
For example, they often force users to lock into extended mining contracts, requiring them to post large cash deposits for the mining time.
In addition, the fact that the ecosystem is centralized means that miners seem to be left short on expected $BTC earnings. Bitcoin Minetrix intends to overhaul this industry through its tokenized stake-to-mine ecosystem.
Tokenizing the process brings transparency to the sector as all earnings and user allocations are automatically managed through smart contracts.
Furthermore, the smart contracts for Bitcoin Minetrix have been fully audited by Coinsult – providing peace of mind for investors regarding security. Tokenizing the process ensures that cloud miners can see how much $BTC they’re earning and removes the need to deposit cash sums to secure mining contracts.
In addition, tokenization also means that users retain full control over their funds, as the $BTCMTX can be sold anytime, providing complete flexibility.
Just 3 days to go: Get positioned at the lowest prices
There are just three days to get positioned in $BTCMTX at the discounted price of just $0.011.
The presale is spread over ten stages as it aims to raise $15 million. The cost of the token is expected to rise in the next stage, meaning those who invested earlier will benefit from the lower prices.
Prospective investors can get positioned by heading to the project’s website and purchasing $BTCMTX by swapping ETH, BNB, USDT, or using a bank card.
Overall, the stake-to-mine ecosystem from Bitcoin Minetrix will revolutionize the cloud mining sector by removing third-party scams and putting control back into end-users hands.
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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
