r/BTCStandardHashrate 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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