Bitcoin Minetrix (BTCMTX), a new Stake-to-Mine platform that aims to decentralize Bitcoin mining, is rapidly gaining traction in the crypto presale space.
The platform has attracted over $3.1 million in early investment as the developers gear up for exchange listings once Bitcoin Minetrix’s presale ends.
With BTCMTX still available at just $0.0114, both enthusiasts and experts are speculating that this token could be the next big thing in 2024.
Bitcoin Minetrix Prepares for Bitcoin’s Halving with Stake-to-Mine Feature
As the next Bitcoin halving looms, scheduled for April 2024, Bitcoin Minetrix’s Stake-to-Mine feature presents a timely innovation.
This feature enables users to stake their BTCMTX tokens in exchange for cloud mining power, thereby effectively lowering the entry barriers for Bitcoin mining.
It’s a method that could prove increasingly advantageous given that the halving event reduces block rewards, offering miners a potential buffer against the reduction in mining profitability.
As such, Bitcoin Minetrix’s innovative approach could be a strategic move for miners looking to adapt and sustain their operations long-term.
The staking protocol of Bitcoin Minetrix complements its Stake-to-Mine model by allowing users to pledge their BTCMTX tokens and earn an APY of 182%.
This dual-earning approach, combining staking rewards with mining payouts, could provide a way for crypto enthusiasts to boost their earnings potential exponentially.
For this reason, Bitcoin Minetrix has attracted attention from an array of high-profile names, including VoskCoin, who recently reviewed the project in a YouTube video.
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Author: Felix Mollen