| General information | |
|---|---|
| Global rank: | 134 |
| Name: |
Bitcoin Standard Hashrate Token |
| Symbol: | BTCST |
| Current coin price (BYN): | 1 087.96 BYN |
| Last hour: | arrow_downward-2.65 % |
| Last 24 hours: | arrow_upward4.07 % |
| Last 7 days: | 11.38 %trending_up |
| Capitalisation (BYN): | 641 231 814.94 BYN |
| Volume 24h (BYN): | 150 328 512.01 BYN |
| Available supply: | 589 388.00 BTCST |
| Total coin supply: | -1 BTCST |
| Start date: | 2020-12-24 |
Bitcoin Standard Hashrate Token/Banyan Gold (BTCST/BYN) price chart
Bitcoin Standard Hashrate Token/Banyan Gold (BTCST/BYN) capitalisation and volume charts
BTC Standard Hashrate Token (BTCST) is a collateralized token that represents Bitcoin hashrate, or the computational power of the Bitcoin network. Each BTCST token is backed by 0.1 TH/s of Bitcoin mining power.
BTCST was created by a team of developers and entrepreneurs led by Alexander Liegl, the co-founder of Layer1 Technologies, a Texas-based Bitcoin mining company.
BTCST allows users to participate in Bitcoin mining without having to own and operate their own mining hardware. Token holders can stake their BTCST tokens and receive a portion of the Bitcoin mining rewards generated by the underlying hashrate. This provides a way for investors to gain exposure to the Bitcoin mining industry and potentially earn a passive income from mining rewards.