BTCST
BTC Standard Hashrate Token
$0.009453
2.18%
BTC Standard Hashrate Token
BTCST
$0.009453
2.18%
BTC Standard Hashrate Token Price Converter
BTC Standard Hashrate Token Information
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About BTC Standard Hashrate Token
BTC Standard Hashrate Token (BTCST) is a collateralized token that represents Bitcoin hashrate, created by a team led by Alexander Liegl, co-founder of Layer1 Technologies. BTCST holders can stake their tokens to receive a portion of Bitcoin mining rewards generated by the underlying hashrate. It provides investors with exposure to the mining industry and a potential passive income.
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.
