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. … BTCST’s goal is to bridge liquidity to Bitcoin’s mining market.
Read moreDoes Btcst have future?
There is no universal consensus either about positive or negative future BTCST price movements . Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Bitcoin Standard Hashrate Token projects, the crypto environment in general, legal position, and so on.
Read moreWhat can I do with Btcst?
BTCST is a token collateralized by real Bitcoin mining power. By staking BTCSTs, holders of the tokens will receive daily Bitcoin distributions that correspond to the mining power staked. With BTCST, you mine Bitcoin the DeFi way .
Read moreWhat is Btcst in Binance?
Binance is excited to announce the 15th project on Binance Launchpool – Bitcoin Standard Hashrate Token (BTCST), a token collateralized by Bitcoin hashrate on Binance Smart Chain .
Read moreWhat is a Hashrate token?
Hashrate tokens represent a predetermined amount of computing power controlled by the token issuer . These tokens are created for investors who want indirect exposure to mining.
Read moreIs Btcst coin a good investment?
If you are looking for virtual currencies with good return, BTCST can be a bad, high-risk 1-year investment option . Bitcoin Standard Hashrate Token price equal to 16.053 USD at 2022-03-23, but your current investment may be devalued in the future.
Read moreWhat is Btcst coin used for?
BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem .
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