🔥 Purchase BTC – get BTCMT for free 🔥

📆 On September 7, Bitcoin will become the legal payment means in the Republic of El Salvador! Every adult resident of the country will receive $30 from the government.

🔸 That led to a flash mob: Celebrate the legalization of Bitcoin in El Salvador by purchasing this cryptocurrency equal to $30 on September 7th.

🥳 It's a huge step to adoption, so our team is encouraged too. We will give a free BTCMT token to everyone who purchase Bitcoin equal to $30 or more!

📍Participation is simple:

1. Purchase BTC equal to $30 in the period from 6 September, 2021 (00:00 UTC+0) till 14 September, 2021 (00:00 UTC+0)
2. Send us a message in Twitter (@btcmtofficial) or Telegram (@mintosmm) containing your transaction hash (TXID) and an address of set up HECO wallet where we will transfer a BTCMT token

The first 1000 enthusiasts will get a 1 BTCMT token to start mining for free! 🚀

It is cool to buy Bitcoins, but mining them with Minto is even cooler! 🎉

🌏Eco-friendly mining is the new future🌏

The ban on mining in China and Elon Musk`s tweets contributed to the mining industry’s move towards eco-friendly development and renewable energy sources for data centers operation.

🌿The Bitcoins Mining Council (ВМС) reported that in July 2021, the share of green energy in mining bitcoins exceeded 56%.

The Council was founded after the negative statements of Elon Musk concerned about the environmental damage caused by bitcoin mining.

🌱Now there are several active types of renewable energy for mining in the USA. For example, in Pittsburgh, they began mining using energy from burning coal wastes, in Texas, they started using the energy of wind and sun stations, and 6 states use natural gas waste.

🌳Minto equipment runs on one of the environmentally friendly forms of energy, hydroelectric plant.

We really care about what will be with our Planet tomorrow, so we are in favor of conscious mining.

💰How much did miners earn in July?💰

The Block informs, miners earned $971.8 million in July 2021, which is $100 million more than the June figures.

📈The peak was in March 2021, when their total income reached $1.75 billion!

After a while, the market faced the problem - mining in China was prohibited. That caused a recession, but now the market is getting back to normal, and, as analysts say, it should return to its previous level by the end of 2021.

💥Recall, mining with Minto is the most accessible and most convenient, and green mining option.

📢News of the week

Let's sum up what we have done this week. As usual, briefly on the main news.

🌿Eco-friendly mining is the new future

The ban on mining in China and Elon Musk`s tweets contributed to the mining industry's move towards eco-friendly development and renewable energy sources for data centers operation.

🍀The Bitcoins Mining Council (ВМС) reported that in July 2021, the share of green energy in mining bitcoins exceeded 56%.

Now there are several types of renewable energy for mining in the USA: mining using energy from burning coal wastes, using wind and sun stations energy, and using natural gas waste.

🌍Minto equipment runs on one of the environmentally friendly forms of energy, hydroelectric plant🌍

🌿How much did miners earn in July?

The Block informs, miners earned $971.8 million in July 2021, which is $100 million more than the June figures.💰

Read more: https://medium.com/@btcmtofficial/news-of-the-week-664e2498d657

💎Mining types and description💎

Let's talk about the up-to-date and viable types of mining.

🔵Mining on video cards

This is a way for enthusiasts. It requires a computer, a farm with 6-8 high - performance, discrete video cards, and an Internet connection.

🔵ASIC mining

Industrial-scale mining which is not always profitable for individual miners. It requires expensive ASIC miners, a lot of space and electricity, and special cooling conditions for the equipment.

🔵Browser-based mining

Mining using special services that run on a browser. That`s very risky and mostly unprofitable.

🔵Cloud mining

Large industrial miners lease some of the equipment to private miners online.

⛅️Minto is the next generation of cloud mining. We save you from all the expenses and inconveniences of traditional mining and offer an asset in the form of BTCMT tokens. BTCMT is a part of mining that you can stake and receive mining rewards in return, either sell it and earn on the price change.

Minto is mining for everyone.💥

💫What is hashrate? How is it related to the types of mining?💫

Hashrate is the total computing power of the mining equipment used in the process of cryptocurrency mining.

🌐Hashrate is closely related to mining difficulty. The mining difficulty shows how challenging it is to perform a mathematical calculation for a new block. Understanding so the difficulty helps identify more energy-efficient equipment that provides bigger profit.

The more computing power (miners) take part in the mining, the higher the hashrate and so the difficulty of mining, and vice versa.

Different types of mining and equipment have different hashrate. It depends on:

➰cryptocurrency mining algorithm
➰equipment capacity
➰the popularity of cryptocurrency and the number of people who mine it
➰temperature

📈The higher the hasrate in the blockchain of the mined coin, the higher probability of receiving mining rewards. Consequently, individual mining is reasonable not for everyone..

🚀We made mining affordable and profitable!

📢Media speak about us

Here are some publications about Minto on social media

🌿The project that is looking to bring crypto mining back to the masses🌿

Posted on Publish0x, this article covers the problems of individual crypto mining and describes the way Minto solves them, making mining green and affordable for the masses. Read the article: https://bit.ly/38Wlyrj

🌿The Rise Of Eco-Friendly Crypto Mining🌿

The article published on ZyCrypto tells about the significant changes in the mining industry - mining companies moving to renewable energy sources. The article describes how Minto implements eco-friendly mining concepts. Read the article: https://bit.ly/3l8wKXp

🌿Is Bitcoin Mining a Threat to the Environment?🌿

Published on CoinCodex portal, this article tells about the environmental impact of Bitcoin mining and moving the industry towards a green economy, as well as new green projects such as Minto. Read the article: https://bit.ly/3nhSAKU

🚀Mining industry: tendencies

Let's talk about current trends in mining.

🌿Eco-friendly

The industry realized what danger mining brought to the environment and started to move to renewable energy sources and environmental friendliness.

🔺Mining received regulation at the state level.

Many countries have come up with clear legal regulations for mining activities. This contributes to the industry development and takes it to a new level.

💻Mining on video cards

Enthusiasts use graphics cards to mine coins and unite in farms to increase capacity. They usually mine Ethereum in such a way, but it is not suitable for BTC mining.

🌍New locations

When China banned mining, the industry got reallocated. Now most miners are operating in the USA, Kazakhstan, Russia. Miners find favorable climatic conditions and electricity prices there.

🙌Mining for everyone

Thanks to projects like Minto, mining becomes available to everyone.

📢News of the week

Briefly on the main news this week.

🌿Mining types

Mining can be of the following types:

💫Mining on video cards
💫ASIC mining
💫Browser-based mining
💫Cloud mining

⛅️Minto is the next generation of cloud mining. We save you from all the expenses and inconveniences of traditional mining and offer an asset in the form of BTCMT tokens. BTCMT is a part of mining that you can stake and receive mining rewards in return, either sell it and earn on the price change.

🌿What is hashrate? How is it related to the types of mining?

Hashrate is the total computing power of the mining equipment used in the process of cryptocurrency mining.

📌Hashrate is closely related to mining difficulty. The mining difficulty shows how challenging it is to perform a mathematical calculation for a new block.

The more computing power (miners) take part in the mining, the higher the hashrate and so the difficulty of mining, and vice versa.

Read more: https://medium.com/@btcmtofficial/news-of-the-week-c87d03816dc0

🎉Congratulations to the participants!🎉

Recently we held a BTCMT token draw supporting the legalization of BTC in El Salvador.

💰We gave 1 BTCMT for the purchase of BTC, equal to $30!

💥Congratulations to the participants! Even though 1 BTCMT is not that much, still, it opens the door to carefree and convenient mining and receiving income.

📍If you did not happen to receive a free token, you still can buy it at a lower price in the presale: https://minto.finance/presale

🚀Educational course by Minto

Dear friends! We noticed that you have some questions about the industry and our project in particular, so we decided to do a short educational course for you to fill gaps.

💫🙌The course will be helpful for both beginners and experienced users. You will find answers to essential questions on industry such as decentralized finance, crucial metrics, and working with the Minto platform.

💙We will publish educational posts in a week. Every day you will be asked to pass 2 tests to consolidate the gains and check yourself.

We really hope the course will come in handy! Share your thoughts and impressions in the chat.

📢What is DeFi and what are its advantages?

💎DeFi or decentralized finance are financial tools built on the blockchain.

Decentralized finance has been created as an alternative to traditional centralized banking and other services to make access to finance more convenient, easier, and possible for everyone. There are 12 decentralized finance areas.

💰The advantages of DeFi are simplicity, accessibility, transparency, system stability, and total control over your assets.

▪️Read more about DeFi on our Medium: https://medium.com/@btcmtofficial/defi-or-decentralized-finance-are-financial-tools-built-on-the-blockchain-b763c16d5b60?postPublishedType=initial

✨ What are APR and APY✨

Let's find out the difference between APR and APY within the framework of investments.

📍APR stands for annual percentage rate. APR shows the accrued interest per year.

📍APY stands for annual percentage yield. It indicates the yield of investments for 1 year.

There might be several compounding periods in a year. If the interest is applied only once a year, the APR and APY match, but this rarely happens. The more often the interest is accrued, the higher the APY will be.

Choosing an asset for investment, pay attention to APY rates and compare assets in terms of their APYs and APRs to receive accurate data.

💥To learn more about APR and APY, read our Medium: https://medium.com/@btcmtofficial/lets-find-out-the-difference-between-apr-and-apy-within-the-framework-of-investments-842dd2846d28

💡What is gas, and what is it for?💡

Gas is a unit of payment for transactions on a blockchain.

🙌Decentralized applications set min and max gas fee prices depending on the complexity and importance of the transaction.

A customer sets the maximum price one is ready to pay for the transaction. If the user's maximum gas limit is lower than the displayed transaction cost, the transaction will fail. The higher the customer transaction cost, the higher the priority of this transaction and the faster it moves.✨

Blocks in the network also have gas limits, which means they can conduct a limited number of transactions per unit of time.

📍The currency for the gas fee depends on the blockchain.

Read more in our Medium: https://medium.com/@btcmtofficial/gas-is-a-unit-of-payment-for-transactions-on-a-blockchain-6dc1083eb52a