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 <p class="is-style-lead">Bitcoin Minetrix (BTCMTX), a stake-to-mine token, has raised over $4 million in its presale.</p>
 <h2 class="wp-block-heading" id="strong-exploring-bitcoin-minetrix-s-mining-model-strong"><strong>Exploring Bitcoin Minetrix’s mining model&nbsp;</strong></h2>
 <figure class="wp-block-image is-resized"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=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 - 1" style="aspect-ratio:1.8953488372093024;width: 100%;height:auto">
 </figure>
 <p>Bitcoin Minetrix’s stake-to-mine mechanism allows users to passively earn Bitcoin (BTC) rewards.</p>
 <p>By staking BTCMTX, Bitcoin Minetrix’s native token, users generate mining credits to access cloud mining power for BTC.</p>
 <p>This model aims to decentralize hash power acquisition, giving users more power and control than traditional cloud mining.</p>
 <p>Additionally, Bitcoin Minetrix’s staking protocol enables investors to earn considerable yields –&nbsp;with the current APY set at 141%.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/fjL6BgOytKouUPoDQvN80Mh5Xromk5zz9agoaqOjY-0BZjwrFzodOWhNwvSMY9_NaOqbWx3nDhXZInJ2HA25dOV5pKiXaOsSmJF1q4aW-dDfhtwbpUj0geaTA_s-LQ5jScimSkB0u2M9kERBfHNSx4I" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 2">
 </figure>
 <p>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.</p>
 <p>By allowing users to <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a> BTCMTX for cloud mining power rather than directly investing in rigs and hardware, the platform effectively lowers the barriers to entry for Bitcoin mining.</p>
 <p>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.</p>
 <p>With its staking and <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>-to<a rel="noopener noreferrer nofollow" title="-mine" href="https://thebittimes.com/tag/mine.html">-mine</a> models, Bitcoin Minetrix can provide solutions for miners looking to adapt and sustain their operations long-term.</p>
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 <h2 class="wp-block-heading" id="strong-btcmtx-presale-status-strong"><strong>BTCMTX presale status</strong></h2>
 <p>The ongoing Bitcoin Minetrix presale has raised over $4.2 million so far.</p>
 <p>Supporters are looking at the project’s stake-to-mine model and the $30,000 “Minedrop” giveaway launched by the development team.</p>
 <p>At the time of writing, investors can buy BTCMTX for $0.0117 during the current presale stage.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/ruJT0TfgIsZU4mH4ri9Ti8ZuZmLIYo_3V9cgpRMPOkszPcdm3jz1TnFaXuoljZrLJuDjqztDKy_zfF2QfYVJzhGpNZr88mNIv7rFRN3Wnzf2g7Gjo0iC0YmpqpLGnwfkoe6zizou-KP1FjJNgMv1edg" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 3">
 </figure>
 <p>Once this stage ends, the BTCMTX price will rise by 8%.</p>
 <p>At the end of the presale, the Bitcoin Minetrix team plans to list BTCMTX on major exchanges, including Uniswap.</p>
 <p>Looking further ahead,&nbsp;Bitcoin Minetrix’s whitepaper&nbsp;presents plans to launch a mobile app and partner with established cloud mining providers to boost capacity.</p>
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 <h2 class="wp-block-heading" id="strong-btcmtx-s-social-media-activity-strong"><strong>BTCMTX’s social media activity</strong></h2>
 <p>Like most cryptocurrencies, the&nbsp;BTCMTX&nbsp;price is closely tied to the attention it receives from investors and the broader crypto community.</p>
 <p>So far, several YouTube influencers have taken note of BTCMTX.</p>
 <p>For example, Joe Parys released&nbsp;a review video on Bitcoin Minetrix&nbsp;to his 386,000 subscribers. The video has been viewed over 7,300 times.</p>
 <p>YouTuber Michael Wrubel has also&nbsp;uploaded&nbsp;another video touching on BTCMTX.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/OCR1vzj-BSeB5JCZieS7Ru-4i8SwyHtln543NWgRJ-OOlpz9p1vo9zBALk9tBeYxpvYLWPh5L6LP6LI2VM4m75RVpqhaRhbv9-Uc9zTdofEv7SzuYQ-iZ3oa3ZMqc1ppaAW5kfle9MirSVS7tZuQVWw" alt="Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale - 4">
 </figure>
 <p>The project’s&nbsp;official X page&nbsp;has also grown to over 7,200 followers.</p>
 <p>This social media traction and influencer endorsements could enhance the market’s perception of Bitcoin Minetrix.</p>
 <p>A similar thing occurred with the recently launched Wall Street Memes (WSM) token, which sold out its <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a> before listing on leading exchanges.</p>
 <p>After launching, WSM prices have been trending higher.</p>
 <p><strong>Visit Bitcoin Minetrix <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a></strong></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-minetrix-a-stake-to-mine-project-raises-over-4m-in-presale-tbt71107.html">https://thebittimes.com/bitcoin-minetrix-a-stake-to-mine-project-raises-over-4m-in-presale-tbt71107.html</a></p>

Bitcoin Minetrix, a stake-to-mine project, raises over $4m in presale

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