Market watchers are expecting Bitcoin to rise past the $50,000 mark before the end of the month and to continue in that bullish streak going into the new year, as a spot Bitcoin ETF approval beckons.
Bitcoin Minetrix ($BTCMTX) is rising on the fair wind lifting Bitcoin. The new token is especially well-positioned due to its direct relationship with the Bitcoin ecosystem through the unique tokenized way in which it mines BTC via the cloud.
Priced at $0.0123 in Stage 14 of its ICO, there are less than four days left before the price increases in the next stage to $0.0124.
#BitcoinMinetrix Stage 14 has begun! 🎉
What groundbreaking application do you foresee for #DeFi technology in the future?
How might it revolutionize your everyday routines? 🌐🚀 pic.twitter.com/IO9MTX7tRR
— Bitcoinminetrix (@bitcoinminetrix) December 17, 2023
Offering an enticing 141% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and earn crypto from a project that seeks to revolutionize Bitcoin mining.
Many investors in the crypto space face difficulties in trying to understand the truth. With Bitcoin Minetrix’s new approach, gone are the days of heavy initial capital and navigating complex mining contracts.
In addition, its tokenized economy provides advantages over competitor cloud mining services, like added decentralization and security.
Because of its low-cap pricing and upside potential, an investment of $1,000 could be turned into $1 million if the coin returns 1,000x.
Given the 20,000%-plus returns seen on various meme coins in recent times, $BTCMTX with its unique use case and Bitcoin association warrants pride of place in a diversified crypto portfolio.
How Does Bitcoin Minetrix Work?
In its simplest form, users of Bitcoin Minetrix buy $BTCMTX tokens and then stake them in the platform’s staking contract. They then earn mining credits in return, which they can then burn and receive Bitcoin in exchange.
This provides a fair, secure, and hands-off approach to Bitcoin mining. Additionally, $BTCMTX is an ERC-20 token which means that users can buy it using their MetaMask or other Ethereum-compatible wallet. As such, Bitcoin Minetrix is a viable way for beginners to get started mining Bitcoin and poses much less risk than alternate solutions.
By eliminating the hazards of third-party cloud mining frauds, it offers users complete control over their mining endeavors. 🛡️ pic.twitter.com/ahx6cbb7mt
— Bitcoinminetrix (@bitcoinminetrix) December 4, 2023
As a result, Bitcoin Minetrix could foster a significant user base, adding to Bitcoin’s hashing power and bolstering its security.
Moreover, Bitcoin Minetrix provides a greener solution to Bitcoin mining. This is important due to Bitcoin’s prevalent environmental concerns that have seen environmentalists criticize its energy-intensive mining process.
Furthermore, it requires no space from users and gives off no noise since it is all done with cloud computing.
Bitcoin Minetrix Presale Raises $5.4 million with a potential to make 100x returns
Running on Ethereum, Bitcoin Minetrix rewards stakes of its native $BTCMTX token with cloud mining credits. By doing so, it opens up a passive income stream offering a percentage of the mining revenue based on the share of cloud mining credits which can be exchanged for cloud mining power.
Interest in Bitcoin is surging as a new bull run begins. Old hands and new entrants into the crypto markets are searching out ways to gain exposure to the Bitcoin melt-up that doesn’t require either waiting to buy a spot Bitcoin ETF or purchasing the coin directly.
There are currently many eye-watering price predictions to pick from for Bitcoin. They range from $120,000 by the end of next year, according to Standard Chartered, to as much as $1.48 million by 2030 according to Ark Invest CEO Cathie Wood.
However, savvy investors know there are other ways to secure returns on investment that could be multiples of both of those example Bitcoin target prices.
Although a crypto bull run typically begins with Bitcoin leading the way, as its dominance of the market begins to top out, market participants start to focus on the value differential offered by alternative coins with arguably more tempting risk-reward profiles. Bitcoin Minetrix is one such coin.
By revolutionizing mining, Bitcoin Minetrix has already attracted many investors looking to get in early on a high-potential crypto. However, many will likely miss out since the presale supply is limited.
The project has raised more than $5.4 million with less than $800,000 remaining before the soft cap of $6.2 million is reached.
In celebration of achieving the 5M raise milestone, we’re hosting a competition! 🎉
Create your most unique #BTCMTX Christmas Graphic/Image or Video. 🎨🎥🎄
Tweet, tag us, and include #BTCMTXCOMP in your entry.
The top 3 submissions stand a chance to win a cash prize. 🎁 pic.twitter.com/1nhsatlXUB
— Bitcoinminetrix (@bitcoinminetrix) December 8, 2023
This incentivizes investors to buy quickly and secure the best possible price.
Investors can buy $BTCMTX tokens by visiting the presale website here, and connecting their Metamask wallet. You can buy Bitcoin Minetrix using ETH, USDT, or fiat currency using your bank card.