Step 1: Take coordinates of the endpoints.
Let
\[
A(a,0)
\]
be on the \(x\)-axis.
Since \(B\) lies on
\[
y=6x,
\]
let
\[
B(t,6t).
\]
Step 2: Use the fixed length condition.
Given
\[
AB=r.
\]
Therefore,
\[
(a-t)^2+(0-6t)^2=r^2.
\]
\[
(a-t)^2+36t^2=r^2.
\]
\[
(a-t)^2+(6t)^2=r^2.
\]
Step 3: Coordinates of the midpoint.
Let the midpoint be
\[
M(x,y).
\]
Then
\[
x=\frac{a+t}{2},
\qquad
y=\frac{0+6t}{2}=3t.
\]
Hence,
\[
t=\frac{y}{3}.
\]
Also,
\[
a=2x-t
=
2x-\frac{y}{3}.
\]
Step 4: Substitute in the length equation.
From
\[
(a-t)^2+36t^2=r^2,
\]
we get
\[
\left(2x-\frac{y}{3}-\frac{y}{3}\right)^2
+
36\left(\frac{y}{3}\right)^2
=
r^2.
\]
\[
\left(2x-\frac{2y}{3}\right)^2+4y^2=r^2.
\]
Dividing by \(4\),
\[
\left(x-\frac{y}{3}\right)^2+y^2
=
\frac{r^2}{4}.
\]
Step 5: Final conclusion.
Hence the locus of the midpoint is
\[
\boxed{\left(x-\frac{y}{3}\right)^2+y^2=\frac{r^2}{4}}.
\]