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Fundraising for bitcoin Minetrix is accelerating, with $2.5 million of the total raised so far in the last four weeks alone. Traders may be excited about the project as a smart way to gain exposure to the bitcoin ETF theme without being exposed to rising volatility.
Currently priced at $0.0126 in Stage 17 of its ICO, bitcoin Minetrix is a pioneer in tokenized cloud mining. Not only will pre-sale contributors benefit from the prospect of capital appreciation when the token price rises, but token holders will also be able to enjoy the passive income that comes from mining bitcoins.
There are less than 24 hours until the pre-sale price of the $BTCMTX token rises to $0.0127, and there is no time to waste in locking in the lowest price available.
Due to the low-cap price and growth potential of $BTCMTX, a modest investment today could pay off big as bitcoin enters mainstream finance.
Given the 20,000%+ returns seen across several meme coins in recent months, $BTCMTX, with its unique use case and direct connection to the bitcoin mining ecosystem, deserves a special place in a diversified portfolio.
#BitcoinMinetrix is paving the way for a new approach to cloud mining, integrating stakeholders and cloud mining.
By prioritizing transparency, independence and security, #BitcoinMinetrix are pioneers in tokenized cloud mining, providing a reliable path to $btc mining. pic.twitter.com/Itz9l8vO89
—Bitcoinminetrix (@bitcoinminetrix) December 6, 2023
<h2 id="h-sec-lawyers-met-with-top-us-exchanges-finishing-touches-for-spot-bitcoin-etf-approval” class=”wp-block-heading”>SEC Met With Major US Exchanges: Final Stages of bitcoin Spot ETF Approval?
Volatility in the price of bitcoin is intensifying as speculation and rumors abound regarding the expected approval of the first bitcoin ETF in the US.
bitcoin-etf-approval”>fox business reported yesterday that SEC lawyers held meetings with the American exchanges on which the ETFs will be traded: the New York Stock Exchange, Nasdaq and the Chicago Options Exchange.
This was taken as another positive sign that the SEC will approve the bitcoin spot ETF. This follows a client note two days ago from Singapore-based Matrixport that said it expected the SEC to reject the applications before it, with approval likely to come in the second quarter.
The report sent the price of bitcoin into a tailspin, but it has since offset more than half of the losses that saw it trade as low as $40,813 after a 10% drop.
<h2 id="h-bitcoin-minetrix-provides-a-clever-way-to-play-this-volatile-early-stage-bull-market” class=”wp-block-heading”>bitcoin Minetrix is a smart way to play this bumpy bull market in its early stages
This week's dramatic moves in the price of bitcoin speak to the relative immaturity of the market, but also to the binary nature of the narrative, at least in part, underpinning bitcoin's bullish story heading into 2024.
But for investors looking to gain exposure to the bitcoin price surge that will come from the approval of the spot ETF and the four-year halving of bitcoin block rewards sometime in April, bitcoin Minetrix offers a way less risky to play in this market.
Yeah bitcoin-edges-lower-as-traders-await-sec-bitcoin-etf-move”>Bloomberg Intelligence Analysts They are right, there is still a 90% chance of approval in January, but even if it is the second quarter of 2024, an investment in bitcoin Minetrix today provides a way to enter the market that avoids exposure to the extreme volatility seen in recent years. days.
On Wednesday, when bitcoin lost 10% of its value in minutes, it triggered hundreds of millions of dollars in forced liquidations of long positions held by traders, often with leverage.
Jacob Joseph, research analyst at CCData (formerly CryptoCompare), told Bloomberg: “While a spot bitcoin ETF still appears likely to be approved in the coming days, any delay contrary to market consensus will likely result in a further drawdown. for digital resources.”
Across derivatives exchanges, up to $500 million was wiped from traders' accounts. Meanwhile, data collected by Coinglass for January 3 showed $120 million in liquidation of long positions:
<h2 id="h-bitcoin-minetrix-makes-cloud-mining-profitable-and-secure” class=”wp-block-heading”>bitcoin Minetrix: Making Cloud Mining Profitable and Secure
The advantages of bitcoin Minetrix over purchasing mining rigs and attempting to set up a business on your own are obvious in terms of the much lower initial capital outlay involved with cloud mining.
There is also no need to worry about familiarizing yourself with the complicated intricacies of the bitcoin protocol.
Running on ethereum, bitcoin Minetrix rewards stakers of its native $BTCMTX token with cloud mining credits. By doing so, you open a passive income stream that offers a percentage of mining income based on the proportion of cloud mining credits. Cloud mining credits can be redeemed for cloud mining power.
The pay-as-you-go approach to the cloud mining model is attractive, but it has its drawbacks, until bitcoin Minetrix came on the scene to offer a different approach.
Unfortunately, cloud mining has earned a bad reputation for fraud. A quick Google and it won't be long before you find a story about victims handing over cash for a cloud mining contract, only for the service provider to never obtain or distribute mining rewards.
bitcoin Minetrix is fraud resistant because everything is on chain. The system's mining staking smart contract handles all cloud credits and allocation to mining and the time period over which mining will take place, all configured by the user through their own custom dashboard.
<h2 id="h-bitcoin-minetrix-strengthens-the-bitcoin-network-in-a-win-for-crypto-and-your-investment-returns” class=”wp-block-heading”>bitcoin Minetrix strengthens the bitcoin network and the return on your investment
Transparency and efficiency combine to deliver an easy-to-use product that threatens to trigger a revolutionary change in the cloud mining space.
A byproduct of this nearly frictionless path to bitcoin mining is how it can help increase the hash power (computing resource) of the network, making it even more secure and decentralized.
At the beginning of bitcoin's journey to transform money, it was possible to mine the digital currency on a laptop, but those days are long gone. However, with bitcoin Minetrix the door has been reopened for the little guy.
How the project will use the $BTCMTX tokens
As expected, the largest allocation of funds will go directly to mining operations: 42.5% of $BTCMTX tokens.
Marketing efforts to ensure the project gains traction will account for 35% of the token allocation, while 12.5% will be for $BTCMTX staking rewards that will be distributed in the period before the project goes live. bitcoin Minetrix cloud mining platform. 10% goes to community rewards for active participation in the project.
| Activity | % allocation | Symbolic |
| bitcoin Mining | 42.50% | 1,700,000,000 |
| Marketing | 35% | 1,400,000,000 |
| Rethink | 12.50% | 500,000,000 |
| Community | 10% | 400,000,000 |
Its ability to generate substantial profits from modest capital inflows positions it as a promising investment. Pre-sale buyers can start earning 85% APY today. At the time of writing this article, 490 million $BTCMTX tokens have been staked.
The bitcoin Minetrix team recently appointed ambassadors to begin establishing partnerships with cloud providers, other companies, and stakeholders for a seamless launch.
Mohammad Sitaboha, Lutfi Khanfar and Ghazi Sitaboha will lead the project from the front.
Mohammad is a highly experienced marketing strategist, while Lutfi brings a wealth of knowledge in finance and sustainability. Ghazi is focused on solidifying key financial and commercial partnerships that are essential to the project's innovative approach to bitcoin mining.
<h2 id="h-bitcoin-minetrix-could-100x-say-crypto-analysts” class=”wp-block-heading”>bitcoin Minetrix Could Increase 100x, crypto Experts Say
Potential buyers of $BTCMTX should do their own research, but as an indication of the FOMO building around the coin, crypto YouTube channel No Bs crypto with 47,000 subscribers is eyeing bitcoin Minetrix for 50x or even 100x gains. when he quotes.
https://www.youtube.com/watch?v=XHaA9z4RwEY
Elsewhere, Michael Wrubel, another crypto expert, has explained to his 310,000 YouTube subscribers why he is bullish on bitcoin Minetrix. There have also been thanks from crypto influencers such as Jacob crypto bury and Cryptography laboratory.
Stay up to date with all the bitcoin Minetrix pre-sale news and product developments in the telegram channel, discord serverand X (Twitter).
Cloud mining of tokenized bitcoins is a business model that has a good chance of gaining traction and, as such, provides a lower-risk entry route into the bitcoin market. Additionally, a small cap coin like $BTCMTX has many more advantages than bitcoin, so a small outlay could go a long way in terms of return on investment.
Buy bitcoin Minetrix here
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
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