Bitcoin Minetrix is not just a new BTC clone – it will revolutionize Bitcoin mining
Bitcoin mining is crucial for the existence of Bitcoin because it not only verifies transactions but also gives birth to new BTC.
The Bitcoin Minetrix usage proposal focuses on using the Ethereum blockchain to tokenize mining credits, which are earned by $BTCMTX token holders in proportion to the number of staked coins they have locked in the smart contract stake-to-mine.
This approach has a number of advantages over existing mining operations, as well as other cloud mining companies on the market.
Cloud mining involves using the services of cloud computing providers to perform brute force mining of Bitcoin, mining which is computationally and energy intensive. With cloud mining, you effectively outsource hardware and software production factors.
The immediate benefit is that a Bitcoin Minetrix cloud miner only pays for its computing power allocation and does not have to worry about investment costs and risks, as this is all borne by the operator.
By exploiting the management efficiency and power of smart contracts, there is no need to be locked into a fixed duration. With Bitcoin Minetrix, the user who decides to stake maintains full control, which allows everyone to choose the period during which they wish to mine.
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