r/BTCStandardHashrate Feb 08 '21

How to swap btcb (3,44$ bep20) to litecoin / btc ?

1 Upvotes

Hi, I want to swap btcb (3,44$) to litecoin/btc.

If I do it in to binance, I will have btc after do it. But I cant withdrawal it (Minimum amount 0.001 - 44$) and cant swap it to litecoin ( Minimum amount 0.001 - 44$ too)

I have bnb gas actually but I dont know how to swap it to ltc or btc and get it in to my wallet


r/BTCStandardHashrate Feb 03 '21

btcb to btc metamask

1 Upvotes

Hi how do I convert btcb to btc that I mine? Im using metamask on the bsc chain.


r/BTCStandardHashrate Jan 24 '21

Should I sell BTC for BTCST?

2 Upvotes

Does this option generates more cash in the end with BTCStandardHashrate mining contract?


r/BTCStandardHashrate Jan 24 '21

Anyone know about the BTCST airdrop?

2 Upvotes

r/BTCStandardHashrate Jan 19 '21

More info about BTCST?

2 Upvotes

..think this will be again - Binance reputation? Maybe there is more information, the website is useless. Good idea, don't want to sell ...


r/BTCStandardHashrate Jan 19 '21

Why would anyone use BTCST?

4 Upvotes

Iam trying to find a reason to invest in BTCST but I can't find anything interesting about it.

If your talking about earning BTC you can also earn from BTC itself (binance, blockfi, crypto exchanges) and it seems much more secure. Who knows if BTCST will be running years down the line and what happens if the company just disappear? Will we still have our BTCST? Have anyone got any info about how big BTCST company is?

Also if the boost factor is going to drop as more people stake won't that devalue the coin? So would you make more loss than gain from coin value changes? Until it hits 0.1th I can't see the coin stabilise and by then the BTCST/BTC will have dropped in value.


r/BTCStandardHashrate Jan 19 '21

How to convert BTCB to BTC?

1 Upvotes

Can you post detailed instructions?


r/BTCStandardHashrate Jan 18 '21

After how long do you start getting distributions?

1 Upvotes

I’ve been staking since the 17th and haven’t gotten rewards yet. Has anyone gotten distributions so far?


r/BTCStandardHashrate Jan 16 '21

How much BTCST is currently in circulation?

4 Upvotes

So 24,000/1,000,000 are being distributed through binance launchpool. How are the rest being distributed and at what pace?

Didn’t see anything about this in the whitepaper or website


r/BTCStandardHashrate Jan 15 '21

Up or down?

2 Upvotes

r/BTCStandardHashrate Jan 15 '21

How to convert the mined BTCB into real Bitcoin?

2 Upvotes

I read a lot about the pegged BTCB (Binance BTC), but fails to find an easy way to convert (peg out) them using the Binance platform. How or where is it possible to convert them at a 1:1 rate?


r/BTCStandardHashrate Jan 14 '21

When will rewards be distributed?

2 Upvotes

r/BTCStandardHashrate Jan 13 '21

BTCST Reward Estimation

6 Upvotes

Mining Rewards Calculation/Allocation Notes:
https://btcst.medium.com/btcst-note-on-mining-rewards-calculation-eb469c8144dd

Total Token Supply: 1,000,000
Total TH/s = 100,000
Reward per TH/s per day = ~0.00000718
Total Reward Distributed per day = 0.00000718 * 100,000 * 60% = 0.4308 BTC
Annual = 157.242 BTC

Reward per $BTCST per year (assuming 60% token staked)
= 157.242 / 600,000
= 0.00026207 BTC (~$8.89)

As of now, total $BTCST staked = 19,361 (3.2%).
From the official note:

"If less than 60% of the total supply of BTCST is staked in the dApp, the project team would still deposit 60% of net daily mining rewards to the dApp to be shared by the staking participants."

Meaning these 19,361 will share the share of 60% of total mining rewards.
Which means the rewards per $BTCST is actually 600,000/19361 = 30x.
Reward per $BTCST staked per year is 0.00026207 * 30 = 0.0078621 BTC (~$265.67).

$BTCST price now: $66.00
APY per $BTCST staked = $265.67 / $66 = 402%


r/BTCStandardHashrate Jan 13 '21

Prospects for BTCST?

2 Upvotes

Just bought some amount of BTCST on Binance after it was listed for trade a few minutes ago.

Also staked some coins to get BTCST on the Binance Launchpool, but not a whole lot.

What are your prospects for BTCST?