What is Binance BTCST ?

What is btcst ?

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.

About Eda Candan 348 Articles
Journalist, Reporter based in Turkey

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