The presale of Bitcoin Minetrix is nearing a close with only five days left for investors to grab tokens at a discounted price. The presale has pushed records, reaching $13 million so far and showing no signs of slowing down as the finish line draws near.
Bitcoin Minetrix offers a new form of Bitcoin mining with a novel stake-to-mine concept. Staking BTCMTX tokens earns users non-tradeable ERC-20 tokens that can then be burned in exchange for Bitcoin cloud mining power. This process simplifies Bitcoin mining, which often involves technical knowledge, expensive hardware, and huge amounts of electricity.
Through staking Bitcoin Minetrix, users can easily enter the lucrative world of Bitcoin mining without lengthy commitments or complicated contracts. Instead, they can easily stake and unstake when they want, giving them control over their tokens and the ability to earn income.
Bitcoin Halving Spells Success for Mining Projects?
With the token set to launch, an important factor is the price of Bitcoin in the coming months. The Bitcoin Halving of 2024 has come and gone on April 20th, 2024. While this sees Bitcoin miners’ rewards half, it also means that the amount of new Bitcoin entering circulation also drops by 50%.
This reduced issuance rate has the effect of creating scarcity and increasing demand. Usually, every Bitcoin Halving event sees the price of Bitcoin climb in the following months after a brief dip.
Bitcoin has grown in value by 27,300% in the past ten years, with this growth often accelerating post-halving. We also see a knock-on effect on related tokens or tokens with exposure to the price of Bitcoin — like Bitcoin Minetrix. While miners will see a drop in their returns for the first few weeks, the returns could grow exponentially in the months to come, making this project one to watch.
Bitcoin Minetrix Offers Eco-Friendly Exposure to Bitcoin
The Bitcoin Minetrix presale is a multi-stage presale, with stage 38 ending just 3 days ago. Every stage has seen a price increase in anticipation of the token listing on exchanges. Now, the project enters its final stage with a price of $0.0148.
While the project is still in development, they have set aside 12.5% of the total token supply or 500,000,000 $BTCMTX tokens to reward early investors through staking. This provides a return until the first Bitcoin is mined. After that, rewards will be issued continually from the mined Bitcoin.
The final stage is to end on April 28th with the token set to list on DEXs just two days later at 10 pm, April 30th. For traders interested in getting involved at a discounted price, the window is starting to close. The project has also announced a $30,000 minedrop with 10 prizes of $3,000 to be distributed to token holders.
Visit Bitcoin Minetrix Presale
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