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Why Strategic Investors Are Buying Both Bitcoin and Bitcoin Minetrix to Ride the Next Bull Wave

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Both Bitcoin and Bitcoin Minetrix are on the watchlists of crypto experts for the next big bull run, predicted to begin by the second half of next month.

Experts recommend adding a well-researched mix of both high-cap and low-cap cryptocurrencies to take advantage of the next uptrend. Bitcoin is an obvious choice for all, being the focal point of the recent market revival, like most that preceded it.

But why Bitcoin Minetrix?

Bitcoin Minetrix is ready to explode

Bitcoin Minetrix is the latest low-cap gem to be unearthed by strategic investors. The new bitcoin 2.0 project comes with a stake-to-mine-to-earn dashboard that simplifies cloud mining for the masses.

Although cloud mining is intended to simplify bitcoin mining for the masses on paper, that has hardly been the case so far. Most cloud mining platforms are far from the reach of everyday crypto users who have little time to hand-pick their assets, let alone learn the intricacies of complex cloud mining processes.

Paradoxically, most of these platforms require users to sign into contracts, make an initial investment in small hardware, and set aside a few hours every day. To make matters worse, the cloud mining space is stunted by various scams and fraudulent schemes.

Cloud mining could be simpler and more accessible.

And that is exactly what Bitcoin Minetrix makes possible.

Cloud mining is simplified through blockchain tokenization

Bitcoin Minetrix simplifies cloud mining by tokenizing the process on the blockchain. Although it sounds complex, it is pretty straightforward in practice.

As far as a user is concerned, they can join the system by simply purchasing cryptocurrencies called $BTCMTX (Bitcoin Minetrix). These are the native tokens of the ecosystem.

Once there are enough tokens in the wallet, they can proceed to the platform’s stake-to-mine dashboard. Here, in a few clicks, they can stake their tokens for as long as they wish to.

The staking period is flexible. So, unlike traditional cloud mining platforms, users are not contractually bound to Bitcoin Minetrix.

Instead, they can unstake their crypto tokens (the only initial investment) anytime they want to.

And if they choose to, they can sell these tokens on public crypto exchanges for the market price. Being cryptocurrencies, they yield real-world value. And unlike mining hardware, they don’t undergo accounting depreciation and investors don’t have to worry about liquidity challenges.

Reselling mining hardware is usually a hassle. But with blockchain tokenization, Bitcoin Minetrix leaves that worry to mining companies. Among other tasks, they take care of operating, running, and maintaining mining equipment.

Bitcoin mining rewards along with profits

There are two benefits that come with holding $BTCMTX tokens.

The first of these is mining rewards. When a user stakes their $BTCMTX tokens in the stake-to-mine dashboard, they get mining credits in return. These non-transferable (to avoid hacks and thefts) ERC-20 tokens can be burned to earn BTC mining rewards.

But that’s not all.

Investors can also benefit from the value appreciation of $BTCMTX tokens as they earn mining rewards from the platform at no extra cost. $BTCMTX tokenomics and roadmap bear similarities to the Bitcoin roadmap.

 

One of the project’s goals, apart from simplifying cloud mining, is to give retail crypto investors another chance to ride a Bitcoin-like bull wave. Although Bitcoin is at the center of all the activity and engagement going on in the crypto space, the cryptocurrency has outgrown its ambitions over the last decade.

Its massive market cap of around $747.97B limits its room for growth. In other words, new BTC investors are looking at limited ROI ranging anywhere from 20% to 100% in a year.

That’s not bad at all. But new cryptocurrencies like Bitcoin Minetrix have substantially larger room for growth. $BTCMTX has yet to launch on public crypto exchanges. Given that it is currently selling for $0.0119 in the presale and the total supply is limited to 4 billion, the token has the potential to climb anywhere from 10X to 50X on its launch.

 

@HIVEDigitalTech expands its global mining footprint with a new data center in Sweden, committed to green energy practices and boosting #Bitcoin production. 🌐#BitcoinMinetrix has also reached another phenomenal milestone, raising over $4,400,000! pic.twitter.com/IcCDlQn7kw

— Bitcoinminetrix (@bitcoinminetrix) November 27, 2023

The token launch is nearing

The token launch of $BTCMTX tokens is closing in as the presale moves ahead at a rapid rate. The growing demand for the token hints that an early sell-out is on the horizon. In that case, the token would make its debut listing in the second half of December, amid the next wave of crypto bull run.

That will fuel the FOMO around the token launch, taking $BTCMTX to a $1B market capitalization within days.

Analysts like Joe Parys Crypto have added $BTCMTX  to the “Big potential” league, while Jacob Bury predicts the token could 10x after its presale. And despite being designed around a highly market-relevant utility, the token may not be immune to a pump comparable to meme coins, suggests the 100X speculation by No Bs Crypto.

Investors need to act early to grab the token for affordable prices in the presale before it lists on public exchanges.

BUY $BTCMTX FOR THE PRESALE PRICE

 

 

 

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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