MintoPrice

(BTCMT)

Minto is a decentralized finance platform designed to simplify the process of Bitcoin mining through a concept known as tokenized hashrate. The project operates by bridging physical mining infrastructure with blockchain technology, allowing individuals to participate in mining without the need to purchase, install, or maintain expensive hardware. The primary token of the ecosystem is BTCMT, which stands for Bitcoin Mining Token. Each token represents a specific amount of computing power, or hashrate, from Minto's real-world mining equipment. According to the project's technical specifications, the tokens are backed by hardware at a set ratio where a specific quantity of BTCMT corresponds to one terahash per second of mining power. By holding and staking these tokens within the Minto app, users are eligible to receive daily rewards in Bitcoin. These rewards are generated by the project's active data center and distributed among token stakers based on the total hashrate they represent. Minto emphasizes sustainability and transparency in its operations. The project utilizes a high-tech data center that houses tens of thousands of mining units. To minimize its environmental impact, Minto sources energy from hydroelectric power plants, focusing on renewable resources to maintain a neutral carbon footprint. The project also employs a decentralized governance model, allowing the community to vote on significant changes, such as infrastructure upgrades or network migrations. Originally launched on the Huobi ECO Chain, the project later migrated to the BNB Chain following a community decision to seek a more robust ecosystem. This migration allowed for greater accessibility and integration with popular decentralized applications. By tokenizing mining power, Minto aims to democratize the industry, offering a low entry threshold for those who wish to earn Bitcoin rewards through a streamlined, digital interface. The platform includes features such as a user dashboard for tracking mining activity and a referral program to encourage network growth. Through its combination of physical infrastructure and decentralized finance, Minto positions itself as a bridge between traditional industrial mining and the Web3 space. Learn more

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