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The groundbreaking equity mining cryptocurrency Bitcoin Minetrix ($BTCMTX) has raised an astonishing $13 million.
Investors have two days to purchase Bitcoin Minetrix tokens at a fixed price of $0.0147 per token. Afterward, the token price will adjust to $0.0148 until the ICO ends on April 25th. From that point on, there will be no limit to potential appreciation.
How Bitcoin Minetrix (BTCMTX) Works
BTCMTX utilizes Ethereum smart contracts to provide investors with a straightforward pathway into cloud mining for higher returns.
Anyone can become a Bitcoin miner from the comfort of their bedroom without the need to purchase specialized hardware equipment. In fact, they don't even need to get out of bed. They simply need to purchase and stake BCTMTX tokens through the website. There's no minimum purchase amount, and token withdrawal is simple, lowering the barrier to entry for mining participation.
Stakers receive cloud mining points representing hash power. The greater the hash power, the more guesses Minetrix's Bitcoin cloud mining software can make to solve the cryptographic puzzles of the network, validate transaction blocks (i.e., mine), and earn Bitcoin rewards.
The platform further drives the staking/mining cycle and generates substantial dual income streams through more BTCMTX tokens staked for rewards.
Bitcoin Minetrix represents a revolution in single-token mining. Well, actually, two tokens... In fact, before Minetrix, mining was a highly centralized activity conducted by specialized mining companies, institutions, and those with ample cash, space, and energy-intensive mining equipment.
Returning to the founding principles of cryptocurrency, decentralization, Bitcoin Minetrix puts mining power into the hands of everyone.
Bitcoin Minetrix and the Bitcoin Halving Event
By the time Bitcoin Minetrix launches, Bitcoin mining will undergo an irreversible change due to the halving event on April 20th.
Halving is an event stipulated in the Bitcoin code that occurs when mining rewards are halved. Currently, Bitcoin miners receive 6.25 BTC as a reward for verifying and adding transaction blocks to the blockchain. After the halving, this number will decrease to 3.125 BTC.
As miners control the issuance of new Bitcoin, the commodity will become scarcer after the halving; miners' supply of Bitcoin will effectively be only half of what it normally is.
This fundamental supply-demand dynamic has led to significant increases in Bitcoin during the three previous halving events.
After the launch of 11 Bitcoin exchange-traded funds (ETFs) approved by the United States in January, demand for Bitcoin from institutional and retail investors reached historic highs. |
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Post time 26-4-2024 21:07:24