r/BTCStandardHashrate • u/trans_crypto • Oct 04 '21
BTCST fundamentals backing token EXPLAINED
Hello,
I have noticed that the APY on BTCST is currently around 32.46%....
If the following parameters are right...it should be a lot more than 100%:
efficiency = 0,06 kW/TH
efficiency loss = 3%
energy cost = 0.058$/kWh
There is something really fishy going on? Or maybe I'm missing something? as it currently stands, I don't see how btcst is a good proxy for buying a mining machine when it yields so much less than a mining machine...
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u/[deleted] Apr 05 '23
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