Bitcoin Minetrix is on track to become one of the year’s hottest presales as it reaches $5 million raised in nine weeks.
The trending crypto project has attracted massive excitement due to the project’s revolutionary use case, enabling users to cloud mine Bitcoin effortlessly.
Market participants can buy the $BTCMTX presale for $0.012, but the price will incrementally increase throughout. This incentivizes buyers to get in early to maximize their upside potential.
Presale buyers can stake their tokens immediately to compound their initial investment. However, staking rewards will reduce as the staking pool grows, so buyers should act fast.
What Is Bitcoin Minetrix?
Bitcoin Minetrix is a groundbreaking Stake-to-Mine venture revolutionizing the crypto-mining landscape. With an outside-the-box approach, the project allows users to cloud mine Bitcoin by staking $BTCMTX on its Ethereum-based platform.
It is a fusion of staking and mining, blending the best of crypto’s leading consensus mechanisms for security, decentralization, and accessibility.
The platform works by users staking $BTCMTX for Bitcoin mining credits, which they can burn for cloud mining power. This equates to Bitcoin rewards, which will be paid into the user’s wallet.
Bitcoin Minetrix’s use case eradicates the known barriers to entry of Bitcoin mining, like expensive hardware, a high degree of technical know-how, and excessive overhead costs.
Furthermore, the platform will subsidize Bitcoin mining rewards with staking rewards in its native token, $BTCMTX.
The platform also eradicates the risk of cloud mining scams through its decentralized and user-owned $BTCMTX token. These scams come in all shapes and sizes but often lead to cloud mining users overpaying and not profiting from their endeavors.
However, with Bitcoin Minetrix, users do not need to pay for the service; they just stake $BTCMTX tokens for Bitcoin mining power. Furthermore, the user decides the staking lock-in period, providing peace of mind as they are in control of their funds.
With this in mind, Bitcoin Minetrix tackles all the prevalent Bitcoin mining issues, making it of tremendous value to the industry.
$BTCMTX Utility and Tokenomics
Given the pivotal role Bitcoin Minetrix looks to play in the Bitcoin mining industry, the $BTCMTX token could experience notable gains in the upcoming bull market.
The reason is that it is central to the Bitcoin Minetrix operation. Users require it for staking, providing a steady and predictable demand stream that aligns with the platform’s popularity.
Furthermore, many tokens will be locked in the staking contract, and rewards are primarily paid in mining credits, not $BTCMTX. Consequently, $BTCMTX could be in high demand and low supply.
Yet, what’s even more exciting is the anticipated price rise of Bitcoin in the bull market. Some analysts believe Bitcoin could climb to $150K, making the Bitcoin Minetrix rewards more valuable, which would also bolster $BTCMTX’s price, too.
According to its website, Bitcoin Minetrix has a total supply of 4,000,000,000, with 42.5% of tokens earmarked for mining, 35% allocated to marketing, 12.5% to staking rewards, and 10% to community rewards.
Analyst Predicts $BTCMTX Will Explode
Considering its compelling, one-of-a-kind use case, analysts and media outlets have rallied behind Bitcoin Minetrix.
Countless traders have provided significantly bullish predictions, but one particularly insightful forecast came from No Bs Crypto, who speculated it could even 50x – 100x.
In a recent video, the YouTuber highlighted Bitcoin Minetrix’s compelling use case, noting its advantages over legacy cloud mining solutions and how it eradicates the risk of scams.
The analyst also praised its innovative tokenomic structure and ended the video by noting that the project’s social media following is exploding. According to No Bs Crypto, this provides “24/7 free marketing,” which could help bolster $BTCMTX’s price.
Meanwhile, top outlets like Bitcoin Magazine, Cointelegraph, Finanzen.net, Crypto News, and Business Insider have endorsed the project.
Consequently, those looking to buy $BTCMTX at the best price must act fast. The presale is currently available for $0.012, but this will incrementally rise throughout the presale, with the next hike occurring shortly.