Bitcoin Minetrix

One of the cryptos that has the potential to explode is Bitcoin Minetrix (BTCMTX) – while Bitcoin Minetrix is not related to the Bitcoin project, it will be used to reduce the barriers to mining cryptos such as Bitcoin.Bitcoin mining can be a lengthy and expensive process. Investors must purchase advanced equipment, hardware, and even set up mining rigs. Therefore, Bitcoin mining is conducted mostly by large corporations. However, Bitcoin Minetrix will decentralize cloud mining to make it available to everyday people.The platform palms to rent equipment and mining times from other corporations. By staking $BTCMTX, the native cryptocurrency, token holders can earn cloud mining credits.The tokens will be staked on an Ethereum-based smart contract. The credits you receive are ERC-20 tokens and will be recorded on the blockchain.These tokens can be burned to earn Bitcoin mining power. The mining power is leveraged to get allocated mining times, through which you can potentially earn a percentage of mining revenues. Thus, Bitcoin Minetrix will make it cost-effective and simpler to earn rewards via mining.Staking the token can also give investors high APYs (Annual Percentage Yields) of up to 64%. This token is currently priced at $0.0133, with the price to increase to $0.0148 by the 39th and final round.