BTCST
BTCST, or Bitcoin Standard Hashrate Token, is a cryptocurrency token designed to represent hashrate power on the Bitcoin network. Launched by the cryptocurrency exchange Binance, BTCST aims to provide a more accessible and liquid way for users to invest in Bitcoin mining without directly owning or managing mining hardware. Each BTCST token is backed by a certain amount of actual Bitcoin hashrate, meaning the token's value is linked to the performance and profitability of that underlying mining capacity.
Holders of BTCST tokens are entitled to a share of the Bitcoin mining rewards generated by the
The BTCST ecosystem includes mechanisms for managing and upgrading the underlying mining facilities. This ensures the