Bitcoin Miner reaches one million player milestone
The mobile video game Bitcoin Miner, which gives users the chance to earn real Bitcoin by playing the game, has achieved one million downloads, making it the most successful play-to-earn game.
Bitcoin Miner, which is the result of a collaboration between fintech company Zebedee and mobile gaming studio Fumb Games, is a simulation of a crypto mining business. One of the reasons behind the success of Bitcoin Miner is the simplicity of the game. Previous knowledge of cryptocurrencies is not required to get involved in the game and earn actual Bitcoin.
The opportunity to earn rewards in the form of free Bitcoin is clearly a decisive factor in the popularity of the game. Players must decide whether to sell their portfolio for GPUs which their farmers can use to mine more coins, or HODL (Hold On for Dear Life). Players can also collect rewards when they are not playing as the game continues in the background.
The popularity of the idle miner tycoon mobile game, which is available to download on iOS and Android devices on the App Store and Google Play, comes as the price of Bitcoin has risen by over 17% in the past month fueled by turbulence in the banking industry. Bitcoin Miner combines free-to-play mobile games, which have exploded in popularity driven by titles such as Call of Duty: Mobile and League of Legends: Wild Rift, with rewarded gaming.
The growing acceptance of Bitcoin
With Bitcoin games such as Bitcoin Miner proving so popular, it is no surprise to see that Bitcoin has also reached the iGaming industry. The latest innovation is an increasing number of Bitcoin casinos that accept Bitcoin and other cryptocurrencies such as Ethereum, Dogecoin, and Litecoin. Bonusfinder Canada, a company that reviews and ranks the best online gambling sites, has also compiled a list of the best Bitcoin and cryptocurrency casinos in the Great White North. The benefit of using Bitcoin is that there are no fees on deposits and withdrawals and an absence of restrictions on transaction amounts. Bitcoin transactions are also quick and reliable with none of the delays often associated with deposits and withdrawals via eCheck. Of course, players should always be aware of volatility when using crypto in casinos.
Despite the volatile nature of Bitcoin and crypto, the list of major companies that accept payments in Bitcoin includes the Microsoft Corporation, Etsy, Inc., Coca-Cola Amatil Limited, and Starbucks Corporation, while PayPal gives its customers the opportunity to buy, sell or hold cryptocurrency.
Microsoft’s aim is to play a major part in the blockchain after investing in the blockchain video game developer Wemade, which ranks as one of the biggest gaming companies in South Korea. The move is viewed as a significant vote of confidence in blockchain gaming.
With free-to-play mobile games proving so popular, we are likely to see an increase in the number of play-to-earn titles with Bitcoin and other cryptocurrencies set to play a major role in this sector of the gaming industry.
This piece of content is sponsored, either paid or free. Latestintech.com has not reviewed all of the sites and URLs, nor the services advertised within this piece of content or that is linked to its website and we are not responsible for the contents of any such linked site, URL, or service. This sponsored is posted as is, provided by the advertiser.
Should there be any issue with this content, please contact us via our contact form on the Contact Us page.