Traders Are Buying This New Staking Coin With 10x Potential - The Next Bitcoin?
A newly launched staking coin with big potential is making waves in the crypto space.
Bitcoin Minetrix, a decentralized cloud mining platform, just launched a presale of its native $BTCMTX token.
The platform is introducing an innovative new stake-to-mine mechanism - $BTCMTX owners who stake their tokens will earn mining credits.
These mining credits can then be used to earn a portion of Bitcoin Minetrix’s Bitcoin mining operations.
However, in addition to token stakers earning a yield in the form of cloud mining credits, $BTCMTX stakers also earn yield in the form of tokens allocated by the protocol for community rewards.
As per the project’s official staking dashboard, rewards are currently being dolled out at a massive APR rate of over 2,000%.
Bitcoin Minetrix has already been able to raise an impressive near $350,000, despite launching its presale just days ago and investors should move quickly so as not to miss out on these big rewards.
There are plenty of cloud-mining outfits out there, but none are fully decentralized.
BTC Minetrix’s unique selling point is in effectively tokenizing cloud mining and harnessing the many advantages that it gives it over competitors.
With Bitcoin Minetrix there is no need to worry about fraud because everything is handled by on-chain smart contracts, and no cash changes hands.
Bear in mind, too, that Bitcoin Minetrix’s smart contract is fully audited by Coinsult – it passed with no major issues.
Smart contract automation makes withdrawal of funds super easy, as does earning credits and empowering individual stakers to decide how much mining they want to engage in and when.
Bitcoin Minetrix takes the complication and expense out of mining. You don't need to understand how difficulty is calculated
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