Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate
January 14, 2021
Binance, Binance Launchpool, Bitcoin, Bitcoin (BTC), Bitcoin mining, BTC Mining, BTCST, Cryptocurrency, ERC20, Mars Project, Mining, mining pool, Mining Pools, Mining Tokens, pBTC35A, Poolin, PoW, PoW mining token, Proof of Work, wbtc, yield farming
Eddy
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There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents 0.1 terahash (TH/s). Furthermore, the mining operation […]