A response to the question: "What is BTC backed by?"

Well, Bitcoin is already acknowledged by many as "digital gold." Its value comes from trust in the secure technology and mathematics behind it, making any kind of fraud or alteration in transactions difficult.

In fact, it ends up being used as a backing for other assets, and AMT is an example of this.

JUST IN: Bitcoin’s mining difficulty adjusts upwards (+2.35%) for the fourth consecutive time.

The difficulty rate in Bitcoin mining is an automatic adjustment made by the network to ensure that transaction blocks are added to the blockchain approximately every 10 minutes. This adjustment occurs every 2016 mined blocks, typically every two weeks.

When the difficulty rate increases, it means that it becomes more challenging for miners to solve the complex mathematical problem that validates the blocks. This results from an increase in the amount of computational power (hash rate) in the network.

As a result, miners may take longer to find solutions and, therefore, receive rewards. This can affect the profitability of mining by raising operational costs and reducing profits.

Miners may face tougher competition and a decrease in block reward frequency. This is one of the reasons why Bitcoin mining has become a highly competitive and resource-demanding activity.

The email that announced the release of the Bitcoin white paper exactly 15 years ago on October 31, 2008

JUST IN: The Invesco Galaxy's spot Bitcoin ETF joins BlackRock's on the DTCC website.

$35k!

It's a global community, filled with enthusiasts who share a strong sense of pursuing freedom. 🌎

The vast majority are always willing to patiently teach and explain why Bitcoin is so disruptive and distinctive. Including us, just ask us! 🙋‍♂️

We take pride in being part of this and contributing to the entire network through our mining efforts! ⛏️

Michael Saylor: Unprecedented demand could cause Bitcoin price to surge 10 times

👇 Summary of the reason:

These and other optimistic predictions are directly related to the shock that will inevitably occur between supply and demand.

- SUPPLY: The halving will cut the supply in half, and hodlers are increasingly less inclined to sell.
- DEMAND: It keeps growing, both from individuals and from companies, financial institutions, and governments.
With the likely approval of ETFs, the demand will necessarily explode to levels that we have difficulty measuring.

Earlier this week, the investment research company Bernstein — which previously dismissed the potential of Bitcoin — predicted that, given the real possibility of approval of a Bitcoin ETF, the cryptocurrency could reach $150,000 by 2025.

And in this same trend of appreciation, AMT will go along, as besides being backed by BTC, it mines and distributes BTC every day...

Here are 5 undeniable similarities between BTC and the early days of the Internet: 👇

- Regulatory Challenges: As Joe Rogan mentioned, BTC also faces regulatory challenges and attempts at control by governments, similar to what occurred with the Internet.

- Initial Skepticism: In its early days, the Internet encountered skepticism and disbelief, just as BTC continues to face today.

- Gradual Adoption: Both needed to undergo a gradual process of acceptance, evolving as more people use them.

- Technological Disruption: Both revolutionize established paradigms, changing how we handle finances (Bitcoin) and information (Internet).

- Emerging Innovations: Both the Internet and Bitcoin have given rise to a wide range of innovations and new possibilities.

Now, one thing I know, those who invested early in the internet (and the companies exploring it) did very well. With BTC, it has been no different...

And there's still time, BTC has a lot of room to grow! 💎🚀

It works like this: 👇

The hardware generates heat while mining. Heatsinks made of materials such as aluminum are used to draw this heat away from the chips, allowing direct contact to transfer the heat and a larger surface area for faster dissipation.

Coolers are used to move air over these heat sinks, removing the heat and maintaining low temperatures around the mining hardware. 🌬️💨

Start mining today: https://autominingtoken.com/invest/

And he mentioned one more interesting thing: 👇

In that same conversation, Steve Wozniak stated that Bitcoin is safe, stable, and conservative.

This is quite significant coming from a man who has a keen vision for innovation and technology, besides being the co-founder of Apple, the company with the highest market cap in the world.

+35% more valuable than 3 weeks ago, AMT has followed the increase in BTC as it is backed by BTC. 💎

AMT holds +85 BTC in its liquidity pool, which already exceeds 6 million dollars!

Essentially, investing in AMT means investing in BTC mining. It is the only token that represents a stake in a mining ecosystem capable of distributing daily mined yields to holders! ⛏️

In other words, not only does its value follow that of BTC, but you also accumulate satoshis every day!

Reach out to our team and become a part of it! 🚀

Fun fact: Exactly 2 years ago, Bitcoin hit its all-time high (+$68.5k). Today, it reached the highest point of the year (+$37k).

That's what I'm talking about...

Volatility is, in fact, an opportunity...

In just one month, everything changed... 😂