BTCST Price

BTCST is a cryptocurrency token that represents Bitcoin mining power. It was launched on December 13, 2020 on the Binance Smart Chain. Each BTCST token represents 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. The goal of BTCST is to create liquidity for the Bitcoin mining market, allowing users to gain exposure to mining rewards and hashpower at a low cost. It aims to increase the efficiency of mining power markets. Key features of BTCST: - Current price: $0.03283 - 24h trading volume: $79.86K - Market cap: $239.25K - Circulating supply: 7.28M BTCST - Max supply: 15M BTCST BTCST is currently ranked #4305 by market cap. It reached an all-time high of $91.94 on April 15, 2021. The project collaborates with institutional miners that control 12% of Bitcoin's total hashrate. BTCST is supported by major wallets and has undergone security audits by firms like Armor Labs and CertiK.

BTCST was created on December 13, 2020. It was launched on the Binance Smart Chain as the first Bitcoin leveraged hashrate token in the blockchain industry. BTCST aims to create an efficient market for Bitcoin mining power, similar to how Grayscale Bitcoin Trust established institutional liquidity for Bitcoin. The token represents 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH, allowing users to gain exposure to mining rewards and hashpower at a low cost. BTCST operates as a smart contract on BSC with no private equity, zero venture capital, and zero team token reserves. It is fully community-governed and has passed security audits by Armor Labs and CertiK.

The founders of BTCST are not publicly disclosed. BTCST was launched on December 13, 2020 on the Binance Smart Chain as the first Bitcoin leveraged hashrate token in the blockchain industry. It was also the first hashrate token launched on Binance Launchpool. BTCST operates as a decentralized project with no private equity, zero venture capital, and zero team token reserves. The project is fully governed by the community and has passed security audits by Armor Labs and CertiK. BTCST partners with five institutional miners that account for 12% of Bitcoin's total hashrate: BTC.TOP, Easy2Mine, Genesis Mining, Atlas Mining, and Hengjia Group. While the specific founders are unknown, the project aims to create an efficient market for Bitcoin mining power, similar to how Grayscale Bitcoin Trust established institutional liquidity for Bitcoin.

BTCST works as a tokenized representation of Bitcoin mining power. Each BTCST token represents 0.1 TH/s of Bitcoin mining hashrate at 60 W/TH efficiency. Miners contribute their computational power to the platform in exchange for newly minted BTCST tokens. The goal of BTCST is to create liquidity in the Bitcoin mining market, allowing users to gain exposure to mining rewards and hashpower at a low cost, regardless of size. This aims to increase the overall liquidity and efficiency of mining power markets. BTCST operates on the BNB Smart Chain as a BEP-20 token. It has a maximum supply of 15M BTCST tokens, with 7.28M BTCST currently in circulation. The project launched in December 2020 and was the first hashrate token on Binance Launchpool. Key features of BTCST include: - No private equity, zero venture capital, and zero team token reserves - Community governance model - Partnerships with institutional miners representing 12% of Bitcoin's total hashrate - Security audits by Armor Labs and CertiK As of 2025-07-19, BTCST is trading at $0.03283 with a market cap of $239.25K and 24-hour trading volume of $79.86K.

BTCST utilizes a unique technical architecture that combines Bitcoin mining power with tokenization on the BNB Smart Chain. Here are the key aspects: 1. Tokenization of Bitcoin hashrate: Each BTCST token represents 0.1 TH/s of Bitcoin mining power. 2. Smart contract platform: Built on BNB Smart Chain, enabling efficient token transactions and DeFi functionality. 3. Collateralization: Backed by actual Bitcoin mining power from institutional miners. 4. Decentralized governance: Relies on community governance for decision-making. 5. Cross-chain compatibility: Supports both BEP-20 and TRC-20 token standards. 6. Mining power market: Creates a liquid market for Bitcoin mining capacity. 7. Security audits: Undergone audits by reputable firms like Armor Labs and CertiK. 8. Integration with wallets: Supported by major wallets in the ecosystem. This architecture allows BTCST to bridge liquidity to the Bitcoin mining market, providing users with exposure to mining rewards and hashpower in a tokenized form. The system aims to increase efficiency and accessibility in the mining power markets.

The future of BTCST looks promising, with several key developments on its roadmap: 1. Expanding mining partnerships: BTCST aims to collaborate with more institutional miners, potentially increasing its share of Bitcoin's total hash rate beyond the current 12%. 2. Enhanced liquidity: Plans to improve liquidity in the mining power market, making it easier for users to gain exposure to mining rewards. 3. Cross-chain integration: BTCST is exploring opportunities to expand beyond BSC to other blockchain networks, increasing accessibility and use cases. 4. Governance improvements: The project intends to further decentralize decision-making processes, giving token holders more say in the protocol's future. 5. Sustainability initiatives: BTCST is looking into ways to promote and incentivize the use of renewable energy in Bitcoin mining operations. 6. Price projections: - 2026: $0.03414 - 2030: $0.06339 - 2035: $0.1439 These developments aim to strengthen BTCST's position as a leading Bitcoin mining-related token and potentially drive long-term value for holders.