What is Binance BTCST ? How does BTCST mining work ? How much can you earn holding BTCST ? What is BTCST mining payout rate ?
As the Binance listed BTCST, Bitcoin Standart Hashrate Token following the launchpool staking, investors put spotlights on BTCST wondering important details about the token.
What is BTCST ?
The BTCST, Bitcoin Standart Hashrate Token, is a token collateralized by Bitcoin mining power supplied by a real mining facility.
The current hashrate power for 1 BTCST is 0.1 th/s.
BTCST holders are qualified for daily bitcoin mining rewards calculated at 1 btcst=0.1 th/s ratio.
A BTCST holder possessing 100 BTCST will have 10 th/s mining power.
How much can you earn ?
Based on the current mining difficulty rate, 0.1 th/s mining power can earn you 3 cents daily.
To make a simple calculation ;
A BTCST holder possessing 100 BTCST will be rewarded with 3 USD worth of bitcoin a day.