In January 2025, as the new US president took office, bitcoin reached a new ATH of $109.5k. Despite the market fluctuations, this month was a period of stability for Minto: we actually repeated our December results, mining 1.7 BTC and earning $80k in net profit.
A year ago, to make a similar profit, we needed to mine 4.2 bitcoins!
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In January, we released the updated Minto dApp, where we integrated the DAO voting section, the gitbook reference (Minto Help Center) and improved the display of statistics, which we traditionally provide below as of the last day of the month:
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The Treasury already contains 2.55 BTC, and the miners purchased at the end of last year will be arriving soon. We will mine and accumulate Bitcoins even faster. The more dynamically the Treasury grows, the more attractive our project will become to investors, which means that our growth potential is higher!
A month ago, there was a feeling that we were close to switching to 100% uptime mode, but January confirmed our idea that this requires another bitcoin growth phase. We continue to monitor the uptime mode and are waiting for an increase in the project hashrate as new mining equipment arrives.
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The beginning of the year turned out to be eventful, but at the same time, it's nice to know that the quality of the work we do does not depend on what is happening around us. Bitcoin mining performed by Minto runs like clockwork, and there is nothing more important than internal order and stability for further development.
A lot of new things are awaiting us in the near future. In particular, we plan to slightly diversify the Minto product line, since the project is already feeling a bit cramped within the current model.
Stay tuned, because as always, the most interesting things are still ahead, and we are building this future together!