BTCST Bitcoin Standard Hashrate Token

$0.028130

-4.10%

Bitcoin Standard Hashrate Token (BTCST) Price Chart

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1H -0.02%
24H -4.10%
1Y -87.85%

Rank #1517
Market Cap -8.53% $204,997
24H Spot Volume 2.44% $82,404.84
24H Volume / Market Cap +40.00%
Circulating Supply 7,287,599.71
Total Supply 15,000,000
Max Supply 15,000,000.00
Fully Diluted Valuation $421,943
API ID bitcoin-standard-hashrate-token
Project Start Date -
Contracts & Explorer(s) 0x786...a38e9
Websites Website
Links

About BTCST

Bitcoin Standard Hashrate Token (or BTCST token) aims to widen up the participation of Bitcoin mining to the open market. The Bitcoin Standard Hashrate Token (BTCST) was launched on Binance Smart Chain (BSC) on Dec. 13, 2020. It is collateralized by Bitcoin’s (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. As such, miners contribute their computational power to the platform in exchange for newly minted BTCST tokens. BTCST’s goal is to bridge liquidity to Bitcoin’s mining market. This will allow users to get exposure to mining rewards and hashpower of any size, at a low cost. The ultimate goal of the app is to increase the liquidity and efficiency of mining power markets.

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