Tokenized cloud-mining innovator Bitcoin Minetrix ($BTCMTX) has raised more than $10 million from contributors.
Fundraising for the Bitcoin Minetrix ICO is picking up pace as the crypto community warms to its unique selling point: Bitcoin Minetrix plans to bring cloud mining to the tokenized space, making the industry more efficient and eliminating fraudsters.
Currently in its 23rd pre-sale phase, Bitcoin Minetrix, priced at $0.0132, is the only product on the market that allows participants to access claims on Bitcoin mining income through the utility of owning $BTCMTX tokens. In this way, token holders can also enjoy passive income from mining Bitcoin.
With less than four days until the $BTCMTX token presale price rises to $0.0133, there is no time to lose. However, if the current phase target of $10,928,000 is reached within four days, the offering price will roll over to the next phase before the end of the four days.
Bitcoin Minetrix is a particularly attractive candidate because its business model is based on its connection to the Bitcoin mining ecosystem, making it one of the first scaled crypto killer apps.
The recent wild swings in Bitcoin prices have once again highlighted the relative immaturity and highly speculative nature of the market.
What the crypto industry needs is value creation through truly useful products. Bitcoin Minetrix is arguably doing just that by opening up Bitcoin mining opportunities to regular consumers interested in the future of the currency.
With applications like Bitcoin Minetrix striving to be one of the first decentralized applications to gain significant traction, this is exactly what the market needs to move from speculative immaturity to a value-driven industry focused on delivering products that people want to use.
Bitcoin Minetrix makes Bitcoin cloud mining more convenient and efficient. Compared with purchasing mining equipment and trying to build a business yourself, the advantages of Bitcoin Minetrix in cloud mining are obvious, and the upfront capital expenditure is much lower.
There is no need to worry about understanding the intricate details of the Bitcoin protocol.
Bitcoin Minetrix, which runs on Ethereum, rewards those who deposit the native $BTCMTX token by providing cloud mining points. Each participant in the network can access a portion of the mining revenue based on their share of cloud mining points. Cloud mining points can be redeemed for cloud mining computing power.
As a tokenized system, this means that cloud mining with Bitcoin Minetrix will become a pay-as-you-go system. This will also help weed out fraudsters.
Customers of cloud miners no longer have to hand over cash to use cloud mining contracts that are written specifically to obfuscate the user experience.
In contrast, Bitcoin Minetrix is fraud-resistant because all transactions are conducted on-chain.$BTCMTX is an ideal market fit for smart contract technology, which aims to automate the underlying business logic of products and services through code.
The system’s main smart contract handles all cloud credit and mining allocations, as well as time periods for mining, all of which are set by the user using a dedicated dashboard.
Transparency and efficiency combine to provide an easy-to-use product that has the potential to revolutionize the cloud mining space.
By providing this nearly frictionless entry into Bitcoin mining, it can help increase the network’s hash power (computing resources), making it more secure and decentralized.
At the beginning of Bitcoin's mission to change the world's currency, it was once possible to mine this digital currency on a laptop, but those days are gone. However, with Bitcoin Minetrix, the little guy has a new opportunity.
As you would expect, the largest allocation of funds will go directly to mining operations, accounting for 42.5% for every $BTCMTX token.
Marketing efforts to ensure the project gains traction will account for 35% of the token allocation.
Stay up to date with all the news and product developments surrounding the Bitcoin Minetrix presale on our Telegram channel, Discord server, and Twitter.
Bitcoin Minetrix’s tokenized Bitcoin cloud mining is a business model with many advantages and virtually no competition.
The first-mover advantage is a strong selling point in itself. After raising more than $10 million, with more funding on the way, the team has the resources to realize its vision of potentially disrupting Bitcoin mining.
To purchase Bitcoin Minetrix, click here.
New Crypto Mining Platform – Bitcoin Minetrix
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Reviewed by Coinsult
Decentralized, secure cloud mining
Earn Free Bitcoin Every Day
Native Token Presale Now Available – BTCMTX
Equity Rewards - Annualized rate of return exceeding 100%
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