BTC Standard Hashrate Token (BTCST) price, chart, coin profile and news

Find the latest BTC Standard Hashrate Token (BTCST) price, coin profile, news and history to get you started with BTC Standard Hashrate Token trading and investing.

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What is BTC Standard 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. The Bitcoin Standard Hashrate blog highlights that any miner/user can contribute power to the platform and receive BTCST tokens. The objective behind the token is to bring liquidity to Bitcoin mining and allow any user to gain exposure to mining rewards and hash power. The project launched in December 2020 on Binance Smart Chain (BSC). It is backed by industry-scale Bitcoin miners including Binance, Genesis Mining and Token Pocket. The project represents a claimed 12% of the global hash rate. Users can stake BTCST in the platform to receive daily BTC contributions. Rewards correspond to the staked mining power. Users can also earn BTCST tokens by locking up BNB, BUSD, and BTC into different pools.

BTC Standard Hashrate Token (BTCST) is the 403rd largest cryptocurrency in the world by market cap, valued at $61,997,967. The current price of BTC Standard Hashrate Token is $11.9991, which is 1.061% higher than yesterday. Prices have ranged between $12.5631 and $11.7453 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 07:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

BTC Standard Hashrate Token (BTCST) price

Use our graph to track the performance of (BTCST) over time.

BTC Standard Hashrate Token at a glance

Information last updated May 23, 2022 07:05 UTC.
Coin symbol BTCST
Coin Marketcap AUD$61,997,967
Total BTCST supply 15,000,000
Circulating BTCST 7,287,600
Current price AUD$11.9991
All time high AUD$182.7924
Partnerships BTC.TOP, Easy2Mine, Genesis Mining, Atlas Mining, Hengjia Group
Industry Decentralised finance
Token uses Staking
Network Binance Smart Chain, TRON

BTC Standard Hashrate Token price performance over time

Historical prices compared with the price of $11.9991.

1 hour -0.41%
24 hours 1.06%
7 days 7.28%
14 days -35.52%
30 days -48.47%
60 days -47.35%
200 days -76.97%
1 year -78.57%

Coins similar to Btc-standard-hashrate-token

Disclaimer: Cryptocurrencies, including BTC Standard Hashrate Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTCST is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the BTC Standard Hashrate Token or any other cryptocurrency discussed.

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