Decentralized
Digital Currency
A look into Bitcoin's origin story and why our sole focus is investing in Bitcoin mining operations.
--- LMX directly holds private shares of a large, institutional-scale immersion miner, one of the lowest-cost producers of Bitcoin globally
Bitcoin operates on a decentralized network, which means that it's not controlled by any government, bank, or individual entity.
Only 21 million bitcoins will ever exist. This scarcity is programmed into the system, which drives demand and potentially increase the value of each bitcoin over time.
While transactions are transparent and can be tracked on the blockchain, the identities of those conducting the transactions are pseudonymous, providing a level of privacy.
A bitcoin can be divided down to 8 decimal places. This allows for micro-transactions that traditional money cannot perform.
Bitcoin utilizes blockchain, a transparent and secure digital ledger maintained by a network of nodes. Transactions are grouped into blocks, which are added to the blockchain by miners who solve complex mathematical problems and in turn are rewarded with new bitcoins. LMX invests in companies using this exact method.
Ownership and transactions are managed through a Bitcoin wallet using public and private keys. Bitcoin is a unique currency, operating independently from traditional fiat currencies, and its decentralized and cryptographic nature makes it a revolutionary concept with global significance.