Bitcoin Standard Hashrate Token

Market Performance

Candlestick Market

News Media

Project Data

Market Performance

Project Introduction

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....

Performance

Lowest PriceHighest Price

$0.03443$0.03832

24h Volume415.015K BTCST

24h Amount$14.897K

Volume Ratio

1.05

Circulating Market Cap$443.89K

Circulating Supply12.2M BTCST

Supply15M BTCST

Issue Price$8(0 Multiple)

Historical High

$1.2

--+3.03%

Candlestick Market

Chart

15m

Global Market

All

CEX

Spot

Perpetual

Delivery

BTCST

Bitcoin Standard Hashrate Token

#1077

$0.03638

1.46%

Binance IEO

BTC Ecosystem

BNB Chain

Contract Address

BNB Smart Chain (BEP20):0x7865...4a38e9

Official Links

Official Website

White Paper

AI Analysis

Trading

BTCST calculator

BTCST

USDT

AI Analysis

🔥 Community

News Media

Twitter

News

Project Data

Timeline

April 2021		Community passed vote to implement τ, a protocol to harness proof-of-work mining to synthesize new assets. A new version of BTCST dApp enabled users to stake BTCSTs to mine τBitcoin, a synthetic form of Bitcoin supported by 12% of Bitcoin’s global hashrate and which is optimized for DeFi uses.
March 2021		Community passed vote to stop new issuance of BTCST. Total supply of BTCST will remain at 15,000,000 pending future community votes.
February 2021		Community passed vote to redenominate BTCST. After the redenomination took effect, one previous BTCST became 10 new BTCSTs. Each new BTCST represented 0.01 TH/s of standardized Bitcoin mining power, and total supply of BTCST became 15,000,000. There was no token swap or new token issuance; valuation of BTCST remained unchanged.
January 2021		Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining, and Hengjia Group, industrial scale Bitcoin miners representing 12% of Bitcoin’s global hashrate as of January 2021, joined BTCST as tokenizing miners, bringing total supply of BTCST to 1,500,000.
November 2020		BTCST initial issuance with 100 PH/s of standardized Bitcoin mining power tokenized into 1,000,000 tokens.