BTC Breaks All-Time High at $123,220: Earn While You Hold with Gate On-Chain Earning

BTC sets a new all-time high, on-chain earning opportunities are here.

Figure:https://www.gate.com/trade/BTC_USDT

On July 14, the price of Bitcoin strongly broke through $123,220, once again setting a historical record. Market bullish sentiment is high, institutional funds are continuously increasing their positions, and on-chain activity and the number of new wallets are both surging. The bull market has fully returned, and BTC is standing at the starting point of a new cycle.

For ordinary investors, if they already hold BTC and do not want to operate frequently or bear the risk of volatility, is there a more stable way to participate? The answer is: participate in on-chain BTC mining to earn interest on their holdings.

Gate BTC Mining: Earn BTC daily without mining machines

Image:https://www.gate.com/staking/BTC

Traditional Bitcoin mining requires expensive mining machines, technical operations, electricity costs, and space, and it also faces the uncertainty of returns due to increasing hash difficulty. Gate’s BTC mining product breaks down barriers, allowing ordinary users to participate in on-chain profit distribution.

Users do not need to configure any devices; they only need to deposit BTC into Gate mining products. The platform will uniformly allocate the funds to multiple high-quality mining pool nodes and automatically participate in mining activities. The BTC rewards earned will be distributed to the account daily, without the need for manual withdrawal.

Product Highlights: 3.01% Annualized, Flexible Withdrawal

Gate BTC mining products have the following highlights:

• Real on-chain computing power participation: The platform connects multiple well-known mining pools, truly participating in mining operations;
• Annual yield 3.01%: Daily earnings are automatically distributed, suitable for “coin hoarders” to earn coins while appreciating in value;
• Low threshold with no technical requirements: start investing from 0.001 BTC, no need to learn about mining machines;
• Flexible funds, enter and exit at any time: supports redemption at any time, suitable for flexible financial management;
• Zero maintenance, no operational burden: The mining process is fully automated by Gate, and users can participate with just a “click.”

This “light mining” model essentially socializes the threshold and cost of mining. Users only need to participate in capital contribution to share on-chain profits of BTC and receive daily BTC rewards.

Who is it suitable for? A passive tool for BTC holders.

This product is particularly suitable for the following types of users:

• Long-term optimistic BTC holders: do not want to engage in short-term trading, steadily accumulate more BTC during the bull market’s price increase.
• Users holding positions waiting for trading opportunities: Mining rewards can compensate for the opportunity cost during the observation period;
• New users in the circle: do not understand trading coins, are not good at swing trading, and gain on-chain “real feel” through simple participation.

When the market surges and funds are on the sidelines in the short term, “on-chain passive income” products become the preferred way to steadily earn coins.

Summary: The bull market dividends have arrived, and it is the right time for a stable layout.

BTC has reached a historic high of 123,220 US dollars, with a clear bullish trend and continuous institutional entrance. In a bull market, every single BTC becomes particularly valuable. Flexibly participating in Gate’s mining plan with your BTC not only allows you to earn daily on-chain rewards but also accumulates more chips for the next rise.

Instead of letting BTC sit idle in your wallet, why not let it keep “working for you”? Log in to Gate now to experience the simple, efficient, and secure BTC mining products that will truly make your Bitcoin “come to life”.