📢News of the week

Minto
3 min readAug 27, 2021

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Let’s recall the main news this week.

📍BTCMT tokenomics

As repeatedly mentioned, 1 BTCMT token is equal to 0.01 TH/s, and given the available capacity of our data center, the maximum possible emission is 5,000,000.

💰The initial price for the BTCMT token is $1,72, but during the presale stage, the price will be $1,5. Only 1 000 000 tokens will be available in the presale.

Users are going to receive rewards for locked tokens. The longer the lock period, the more BTCMT tokens users receive. During the lock period, users can stake tokens and receive a mining reward but can’t sell them on the exchange or transfer them to others.

🔷There are several ways of generating income using BTCMT:

💥staking (receive mining rewards proportionally to the number of tokens staked)

💥trading.

📍Mining in Minto

We have expanded the possibilities of Bitcoin mining by introducing the BTCMT token. Thus, making it possible not only to receive mining rewards but also earn on staking and trading.

💙Huobi Pool is our main partner, providing mining capacities that we distribute among BTCMT holders. Huobi also serves as an external auditor and tracks the number of BTCMT issued so as it corresponds to the mining capacity of our data centers. To date, the total capacity of the equipment is 50 000 TH/s.

💎It allows producing Ƀ0,46 mining rewards per day, Ƀ3.22 per week, Ƀ13.80 per month, and Ƀ167.90 per year💎

📍Why to choose Minto

1.Simplicity of mining💥

You don’t have to buy equipment, rent premises, carry electricity costs and expenses for maintenance, search for engineers, and solve issues with utilities. You really need none of these! You just stake a BTCMT token, and that’s it.

2.Income options🔥

By buying tokens, you can find infinite ways to generate income using both trading and mining to manage risks and income.

3.Benefits of presale💸

First of all, presale offers a special low price for tokens. Secondly, you receive bonuses for the lock period. And after all, you have the opportunity to participate in the following profitable staking.

4.Eco-friendly mining🌏

Our data center is supplied via a private hydroelectric power plant that was approved by WWF and complies with the CEO Water Mandate introduced by the UN.

💰Profit pricing💰

You bought BTCMT tokens, so what’s next? What profit will you receive? Let’s calculate it!

The peculiarity of our staking program is the distribution of all rewards among stakers, regardless of their number.

The average expected value of staked tokens, based on data from similar projects on other blockchains, never exceeds 25%

🔶To calculate profit, we will need the following data:

Electricity costs — now we spend 0,055 USD/kW to pay for energy bills. The energy efficiency of 1 THs/kW is 0,06.

The number of BTC tokens mined per day depends on the changing complexity of mining and the capacity of the equipment, which is currently 50000 THs.

📌Current BTC rate per USD

The calculation formula for rewards for 1 day for 100 tokens with 25% of the total BTCMT in staking:

(The number of BTC mined * BTC/USD rate — Electricity costs)/50000*4

If you want to calculate profit according to your goals, write to our Telegram chat @btcmtofficialchat, and we will help you!

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