Bitcoin Standard Hashrate Token (BTCST) Price Upsurges 103% in Last 24 Hours

Bitcoin Standard Hashrate Token (BTCST) Price Upsurges 103% in Last 24 Hours
  • BTCST is based on BEP-20.
  • It is a Binance Smart Chain cloud mining platform.

BTCST was launched on Binance Smart Chain (BSC). Each token represents 0.1 TH/s of Bitcoin mining power at a 60 W/TH efficiency. As a result, miners trade their computing power for BTCST tokens.

Bridge liquidity to Bitcoin mining is the aim of BTCST. This gives consumers affordable access to mining earnings and hashpower of any scale. The app’s ultimate aim is to improve market liquidity and efficiency.

Industrial-scale Bitcoin miners, which accounted for 13% of the global hashrate in February 2021, supports the BTCST currency. By staking BTCST, holders may earn daily Bitcoin contributions equal to the staked mining power. Thus, BTCST enables users to mine Bitcoin inside the DeFi ecosystem.

No Private or Public Sales

Those that want to standardize and tokenize Bitcoin hashrate may get BTCST. This is why no private or public sales have taken place. All staked BTCST tokens set the overall supply cap.

BTCST/USDT: Source: TradingView

Furthermore, it is based on BEP-20. Every hour, user and total pool balances are collected to compute user incentives. The APY and total amount of each pool are updated in real-time, and tokens may only be staked in one pool at a time. Users may unstake their funds at any moment and join any of the other pools.

Moreover, BTCST is a Binance Smart Chain cloud mining platform. It provides daily payments through a decentralized application (Dapp). According to CoinMarketCap, today’s Bitcoin Standard Hashrate Token is $34.10 USD with a 24-hour trading volume of $429,307,852 USD. Bitcoin Standard Hashrate Token has been up 103.49% in the last 24 hours.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.