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Hot new crypto presale Bitcoin Minetrix (BTCMTX) has crossed a significant milestone, raising over $5 million in its presale.
With its innovative “Stake-to-Mine” model that rewards holders with Bitcoin, Bitcoin Minetrix aims to stand out from the crowded field of new crypto projects.
Bitcoin Minetrix Raises Over $5m as Crypto Influencers Take Note
Bitcoin Minetrix’s presale has gained immense traction, raising over $5 million across several stages.
The presale allows investors to purchase BTCMTX tokens at discounted rates using ETH, USDT, or a credit/debit card.
At present, investors can buy BTCMTX for $0.0121 – although this price is only on offer for three more days before increasing.
The presale’s soft cap is set at just over $15 million, meaning Bitcoin Minetrix is now a third of the way to reaching its minimum fundraising goal.
This is an impressive achievement for any cryptocurrency startup – and Bitcoin Minetrix seems to have captured the crypto community’s attention with its innovative features.
More than 6,200 people have joined the official Telegram channel, while Bitcoin Minetrix’s Twitter account boasts an audience of 8,700 people.
The project has also begun to attract attention from prominent crypto influencers.
YouTuber No Bs Crypto recently uploaded a video analysis of Bitcoin Minetrix, speculating that it could “100x.”
Fellow YouTuber Jacob Bury also released a video on BTCMTX, stating that “something big is brewing.”
Game-Changing Stake-to-Mine Model Could Revolutionize the Mining Sector
The main reason for the buzz around Bitcoin Minetrix is the ecosystem’s groundbreaking Stake-to-Mine concept.
Traditionally, Bitcoin mining involves powerful computers solving complex computational problems to validate transactions on the blockchain.
However, regular miners now require specialized equipment and access to cheap energy to stand a chance of earning mining rewards.
Bitcoin Minetrix turns this model on its head through Stake-to-Mine.
According to the project’s whitepaper, BTCMTX token holders can stake their coins to generate “mining credits” over time.
These mining credits can then be exchanged for cloud mining power – removing the need for expensive hardware or technical know-how.
This innovative yet straightforward approach helps democratize Bitcoin mining to the masses.
Anyone can participate and earn passive crypto income – with the supplementary staking pool also offering yields of 119% per year.
As such, through this mechanism, crypto enthusiasts can create two pathways to income generation over time.
Not only that, but BTCMTX holders also have scope to benefit from any price appreciation of the token itself, potentially boosting their returns.
This dual-income potential and the project’s strong credentials make Bitcoin Minetrix an enticing prospect ahead of the 2024 Bitcoin halving.
Ideal Environment for Bitcoin Minetrix as Crypto Mining Industry Poised to Explode
According to an industry report from Data Bridge Market Research, the crypto mining sector is expected to grow at a CAGR of 11.5% between now and 2028.
This could be great news for Bitcoin Minetrix investors, as the projected growth indicates a favorable environment for the project’s innovative Stake-to-Mine concept.
With the increasing adoption of cryptocurrencies and the rising demand for effective mining solutions, Bitcoin Minetrix looks well-positioned to benefit from this industry expansion.
Adding to Bitcoin Minetrix’s appeal is that Coinsult has audited the project’s smart contracts.
This third-party audit provides investors with additional confidence in the platform’s reliability.
Bitcoin Minetrix has even been ranked second on CoinSniper, a website that provides information and rankings for upcoming crypto launches.
Again, this highlights the growing interest and potential of the project’s revolutionary use case.
With the development team laying out plans to launch a dedicated mobile app and partner with cloud mining institutions in the future, Bitcoin Minetrix looks well-positioned for growth in 2024 and beyond.
