New Crypto ‘Bitcoin Minetrix’ Nears $13 Million Raised in Token Presale – What Is BTCMTX?

New cryptocurrency and cloud-mining platform Bitcoin Minetrix is nearing the $13 million mark in its token presale, passing 85% of the $15 million fundraising goal stated in its whitepaper.

This milestone comes around two weeks before the highly anticipated Bitcoin halving event, adding to the project’s timeliness and relevance within the crypto mining ecosystem.

Bitcoin Minetrix is a project that aims to make Bitcoin mining more accessible by introducing a stake-to-mine concept. Rather than requiring expensive hardware and substantial electricity costs associated with traditional Bitcoin mining, Bitcoin Minetrix allows users to mine Bitcoin by staking native $BTCMTX tokens on the platform’s website. 

In return, users receive non-transferable ERC20 token credits, which can be exchanged for Bitcoin cloud mining time or a portion of Bitcoin mining yields, granting the user full decentralized control.

#BitcoinMinetrix introduces a tokenized cloud mining platform, enabling regular individuals to participate in decentralized $BTC mining.