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 is Hashrate token?
Bitcoin Standard Hashrate Token, or BTCST, is a token collaterallised by the Bitcoin (BTC) hash rate . Like other hash rate tokens, it is a synthetic asset deriving its value from a portion of Bitcoin’s mining hash power. Each token represents 0.1 TH/s of Bitcoin mining power at 60 W/TH efficiency.
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