What is AutoMiningToken?

AutoMiningToken was launched in September 2022 to facilitate bitcoin mining through a tokenized ecosystem. The native token, AMT, allows holders to receive daily income in BTCB, a synthetic bitcoin token on the Binance Smart Chain. The project started with approximately 800 mining machines and increased to nearly 2,400 active machines by early 2023. Yields from mining are distributed via a smart contract that does not require custody of investor funds, operating independently of any individual or company decisions.

The project includes a Warranty Vault that holds over 35 BTCB, with a liquidity pool of $1 million locked for two years. Future expansion plans involve connecting additional machines to the ecosystem, which will lead to token issuance contingent on the terahash capacity. AMT serves investors interested in bitcoin mining without the operational and logistical challenges associated with maintaining mining equipment or managing the activity themselves.