Toncoin (TON) launched over a year ago, but has been one of the most consistent cryptocurrencies since trading began. Due to the exciting innovation activities within its ecosystem, it has always managed to stay above the selling price.
Earlier this month, Toncoin raised an eight-figure investment from MEXC Ventures to help Telegram build its Web3 super app. Toncoin is already available directly through the Telegram app and therefore has a large target group, but now they want to expand even further.
In recent news, there was an attempt to enter the Guinness Book of Records, which we will talk about later, but as you can see, the web is always looking for something new. However , this is not the only cryptocurrency that is attracting attention today . Bitcoin Minetrix (BTCMTX) is a new Bitcoin alternative with a very successful presale and investors are starting to consider the innovative approach to Bitcoin mining.
Let's see if this project has the potential to win big.
Bitcoin Minetrix: The future of cloud mining is here, and it can't come fast enough
The Bitcoin Minetrix (BTCMTX) presale has already generated over $2 million despite the sale only being a few weeks old. The second phase has just begun, but as more investors become aware of the benefits the project will bring to the mining industry, it is gaining momentum. $2,317,000 is the next uptrend, so readers interested in investing should act fast.
Now let's look at why so many investors are selling. The Bitcoin mining industry has many problems as it moves away from the cryptocurrency spirit. Decentralization has made Bitcoin so big that you now need a data center full of mining equipment and a lot of technical know-how to mine it. Of course, this reduces the mining power of the elites.
Bitcoin Mintrix has an answer and it is a combination of staking and cloud mining. First, let's look at the betting part. Like all good new projects lately, Bitcoin Minetrix has included stake as an important part of its project. Staking helps both the project and the inventor, the former gets an extra layer of security for protection and the latter gets a chance to earn passive income.
This passive income can be quite high and currently the APR is 342% . Bitcoin sharing in Minetrix works like any other project, except for an additional option for investors. The first two have not changed, investors have full control and can withdraw and sell their shares or earn passive income by holding tokens. The third option is related to cloud mining and will help you solve the problem you are currently facing.
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Bitcoin Minetrix's cloud mining solution can bring Bitcoin mining to the public
Cloud mining was supposed to be the original solution to the Bitcoin mining problem. The idea is that any investor can mine, sign a monetary contract with the data center and then lease the mining capacity to the customer. They then deduct the productive energy and maintenance costs of their mines.
The problem is that leasing companies become very greedy and start charging deposit fees and other hidden costs, such as charging a certain percentage of the investor's income. Unfortunately, the cloud mining business is also full of scammers. At first they attract miners with good profits, but then they raise prices and make it harder for tenants to recoup some of their profits.
Bitcoin Minetrix believes that adding cloud mining to cloud mining can protect investor stakeholders and decentralize mining again. Not all readers want to be reminded of how revolutionary this project can be. The everyday cryptocurrency investor can now mine cheaper than ever before, without the risk of scams or hidden fees. This can attract a large number of people to the project and open up the possibility of making large profits.
The Bitcoin Minetrix process is called "stake-to-mine". We have already mentioned that BTCMTX member holders have a third option, namely exchanging coins for mining credits. These mining credits are secondary, transferable ERC-20 tokens that serve as investor cards for cloud mining. Tokens can only be mined or burned for a portion of the profits.
This means that the investor is in control at all times and does not have to worry about future price increases or problems with potential fraudsters. Cloud mining is a more ecological mining method, which means that Bitcoin Minetrix is an environmentally friendly token. There is so much going on in this project that we think winning 100x is within its limits.
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Toncoin aims to enter the Guinness Book of Records, which will impress investors
Above is the 7-day performance chart for Toncoin (TON). As you can see, it's been a good week for the web, especially in the last few days. As mentioned above, Toncoin is always looking for innovative growth opportunities, which investors appreciate. The latest attempt is to enter the Guinness Book of Records, which will take place on October 31.
The network's record achievement is "World's Fastest Blockchain" . Since its launch over a year ago, Toncoin has grown exponentially from 170,000 to 3.5 million addresses. Despite this tremendous growth, the network has maintained its integrity without major disruptions.
The registration attempt will test the reliability, scalability and speed of the network. It's a big gamble for Toncoin, but if it pays off, it will show investors how solid the project is, which will inevitably lead to further price increases.
The result
As you can see from the article above, Bitcoin Minetrix and Toncoin have bright days ahead of them. Due to Bitcoin Minetrix's lower price and smaller market capture, both are good investments. Its novelty means it has unlimited growth potential, and given that it could revolutionize the mining market, we can only see huge gains.