When we talk about revolutionary crypto projects, the recent emergence of Bitcoin Minetrix has sparked the curiosity of many enthusiasts. Claiming a landmark upon hitting its $500,000 presale milestone, Bitcoin Minetrix is aiming to bring the first tokenized Bitcoin cloud mining operation to the forefront of the crypto world, and it is turning a lot of heads.
Bitcoin mining is no longer a solitary venture performed in the comfort of your bedroom, it’s an industry-scale operation herein Bitcoin Minetrix is bringing this venture back into the grasp of the individual. What is required of you? Simply purchase and stake the token, thereafter the automated system generates credits for your mining operation.
Furthermore, in light of their recent $30,000 Minedrop giveaway, Bitcoin Minetrix’s competitiveness in the market is reinforced, causing an influx of prospective buyers. There’s a sense of anticipation surrounding Bitcoin Minetrix as a promising disruptor in the Bitcoin mining industry, particularly for reasons such as the aspiration to decentralize hash power.
With this concept, Bitcoin Minetrix is providing a platform that redistributes mining profits from large corporate giants towards retail investors, through introducing a new paradigm, Stake-to-Mine. This paradigm enables depositors to earn credits that can be leveraged for Bitcoin mining in the cloud.
Simultaneously, it provides a safeguard against the fraudulent entities that continue to tarnish the sector. The initiative is anchored in T’bilisi, Georgia, a country welcoming of crypto, therefore eliminating the customary regulatory concerns – a valuable trait considering the impact of the mining bans in regions like China.
What’s more, Bitcoin Minetrix is an ERC-20 token that operates on the Ethereum blockchain, despite the numerous attempts to create competing Ethereum-Killer Layer 1s. This unique embedding into the Ethereum blockchain allows investors a yield return of a stellar 1,193% with $BTCMTX. Typically, the promise of high yields, like these, tend to raise red flags, but, in the case of Bitcoin Minetrix, these yields are secured from the allocated token supply, all fully transparent with no complex algorithms or models to decipher.
However, a note of caution: those yields are free-flowing and will eventually decrease as more stakers step onto the platform. Regardless, an annual return of 1,000% remains an incredible offer, and one that partially explains the torrent of capital pouring into the presale.
Simultaneously, Bitcoin Minetrix also delivers a secondary income stream stemming from the Bitcoin mining process. Upon initiation of the mining operation, users transition from stake-to-earn to stake-to-mine, where profits are driven by mining activity based on token allocation.
This novel approach towards fully decentralized Bitcoin mining brings corporate-level operations within the reach of every individual while significantly minimizing capital risks. This accessibility and inclusivity towards mining profits have positioned Bitcoin Minetrix as an appealing avenue for obtaining exposure to Bitcoin mining. With all these incentives, it’s no surprise that Bitcoin Minetrix is making waves in the crypto industry.
Source: Cryptonews
