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Bitcoin Minetrix (<a href="https://bs_b96bd0a7.crypto-news.care/" target="_blank" rel="noreferrer noopener">BTCMTX</a>), a stake-to-mine token, has raised over $4 million in its presale. 
<h2 class="wp-block-heading" id="strong-exploring-bitcoin-minetrix-s-mining-model-strong">Exploring Bitcoin Minetrix’s mining model&nbsp;</h2> 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/APToq1CACAb6fkO_cEQxsHJs1YoyeGcZ2-tWJ8RoEUOej293vgyN87R-0ADip6kHRw_jPxMTnBK_cxB5dMsIxreOeIqXUuCc2jvmroR96jQpXV4g84afwEz0h09p5A6nVioruNzE8kYjvo7zIc_qKL4" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 25" style="aspect-ratio:1.8953488372093024;width: 100%;height:auto">
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Bitcoin Minetrix’s stake-to-mine mechanism allows users to passively earn Bitcoin (BTC) rewards. 
By staking BTCMTX, Bitcoin Minetrix’s native token, users generate mining credits to access cloud mining power for BTC. 
This model aims to decentralize hash power acquisition, giving users more power and control than traditional cloud mining. 
Additionally, Bitcoin Minetrix’s staking protocol enables investors to earn considerable yields –<a href="https://bitcoinminetrix.com/en/dashboard" target="_blank" rel="noreferrer noopener">&nbsp;with the current APY set at 141%</a>. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/fjL6BgOytKouUPoDQvN80Mh5Xromk5zz9agoaqOjY-0BZjwrFzodOWhNwvSMY9_NaOqbWx3nDhXZInJ2HA25dOV5pKiXaOsSmJF1q4aW-dDfhtwbpUj0geaTA_s-LQ5jScimSkB0u2M9kERBfHNSx4I" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 26">
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As the Bitcoin halving event approaches in April 2024, reducing block rewards and potentially decreasing profitability, Bitcoin Minetrix’s Stake-to-Mine feature could act as a buffer. 
By allowing users to stake BTCMTX for cloud mining power rather than directly investing in rigs and hardware, the platform effectively lowers the barriers to entry for Bitcoin mining. 
Given that GPU mining rigs can cost around $1,000 to $2,000, while ASIC miners can cost tens of thousands, this alternative approach presents a more financially feasible option. 
With its staking and stake-to-mine models, Bitcoin Minetrix can provide solutions for miners looking to adapt and sustain their operations long-term. 
 You might also like: <a href="https://crypto.news/bitcoins-current-price-is-insufficient-to-motivate-holders-glassnode-says/"> Bitcoin’s current price is ‘insufficient’ to motivate holders, Glassnode says </a> 
<h2 class="wp-block-heading" id="strong-btcmtx-presale-status-strong">BTCMTX presale status</h2> 
The ongoing Bitcoin Minetrix presale has raised over $4.2 million so far. 
Supporters are looking at the project’s stake-to-mine model and the $30,000 “Minedrop” giveaway launched by the development team. 
At the time of writing, investors can buy BTCMTX for $0.0117 during the current presale stage. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/ruJT0TfgIsZU4mH4ri9Ti8ZuZmLIYo_3V9cgpRMPOkszPcdm3jz1TnFaXuoljZrLJuDjqztDKy_zfF2QfYVJzhGpNZr88mNIv7rFRN3Wnzf2g7Gjo0iC0YmpqpLGnwfkoe6zizou-KP1FjJNgMv1edg" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 27">
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Once this stage ends, the BTCMTX price will rise by 8%. 
At the end of the presale, the Bitcoin Minetrix team plans to list BTCMTX on major exchanges, including Uniswap. 
Looking further ahead,<a href="https://bitcoinminetrix.com/assets/documents/whitepaper.pdf" target="_blank" rel="noreferrer noopener">&nbsp;Bitcoin Minetrix’s whitepaper</a>&nbsp;presents plans to launch a mobile app and partner with established cloud mining providers to boost capacity. 
 You might also like: <a href="https://crypto.news/ftx-backed-anthropics-ceo-turns-down-openais-merger-proposal/"> FTX-backed Anthropic’s CEO turns down OpenAI’s merger proposal </a> 
<h2 class="wp-block-heading" id="strong-btcmtx-s-social-media-activity-strong">BTCMTX’s social media activity</h2> 
Like most cryptocurrencies, the&nbsp;<a target="_blank" href="https://bs_b96bd0a7.crypto-news.care/" rel="noreferrer noopener">BTCMTX</a>&nbsp;price is closely tied to the attention it receives from investors and the broader crypto community. 
So far, several YouTube influencers have taken note of BTCMTX. 
For example, Joe Parys released<a target="_blank" href="https://youtu.be/ST0gouFLaTg?si=yzpLC7sn5DfmP4lg" rel="noreferrer noopener">&nbsp;a review video on Bitcoin Minetrix</a>&nbsp;to his 386,000 subscribers. The video has been viewed over 7,300 times. 
YouTuber Michael Wrubel has also&nbsp;<a href="https://youtu.be/Cr48YdiTmUA?si=h7p9i-DKb9q6GA6P" target="_blank" rel="noreferrer noopener">uploaded</a>&nbsp;another video touching on BTCMTX. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/OCR1vzj-BSeB5JCZieS7Ru-4i8SwyHtln543NWgRJ-OOlpz9p1vo9zBALk9tBeYxpvYLWPh5L6LP6LI2VM4m75RVpqhaRhbv9-Uc9zTdofEv7SzuYQ-iZ3oa3ZMqc1ppaAW5kfle9MirSVS7tZuQVWw" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 28">
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The project’s<a target="_blank" href="https://twitter.com/bitcoinminetrix" rel="noreferrer noopener">&nbsp;official X page</a>&nbsp;has also grown to over 7,200 followers. 
This social media traction and influencer endorsements could enhance the market’s perception of Bitcoin Minetrix. 
A similar thing occurred with the recently launched Wall Street Memes (WSM) token, which sold out its presale before listing on leading exchanges. 
After launching, WSM prices have been trending higher. 
<a href="https://bs_b96bd0a7.crypto-news.care/" target="_blank" rel="noreferrer noopener">Visit Bitcoin Minetrix presale</a> 
 Read more: <a href="https://crypto.news/xrp-drops-5-as-prices-slump-analysts-focus-on-new-altcoin/"> XRP drops 5% as prices slump; analysts focus on new altcoin </a> 
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Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale

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