NEW YORK, Jan. 25, 2021 /PRNewswire/ — Customary Hashrate Group (“SHG”) is an open platform the place outstanding miners standardize and tokenize their BTC hashrate. Immediately, SHG is happy to announce Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia as tokenization miners. SHG welcomes these industry-leading firms to tokenize a complete of 25 PH/s of Bitcoin hashrate into Bitcoin Standard Hashrate Tokens (“BTCSTs”).
With its profitable debut on Binance Launchpool, BTCST has develop into the benchmark hashrate token with deep market liquidity and value premium. Additional contribution of Bitcoin hashrate by Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia Group will convey to BTCST best-in-class abilities in hashrate provisioning and continuity assurance.
“Atlas Mining, BTC.TOP, Easy2Mine, Genesis Mining and Hengjia kind a various and highly effective group to hitch as BTCST’s new batch of tokenization miners. They share SHG’s imaginative and prescient of bringing exchange-level liquidity to mining energy and bridging real-world mining to the DeFi world. Their wealthy expertise and collaborative approaches in industrial scale mining shall be drastically complementary to SHG,” mentioned Alex Zhao, CEO of SHG.
“We imagine BTCST has linked Bitcoin mining to the DeFi world,” mentioned Tony Ma, CEO of Atlas Mining. “With BTCST, we are able to earn actual BTC through crypto-native staking.”
“Mining is an asset intensive {industry}. BTCST has turned mining machines into excessive liquidity belongings as Grayscale does to Bitcoin, injecting incremental worth into the mining market,” mentioned Zhuoer Jiang, CEO of BTC.TOP.
“We imagine a mission like BTCST ought to give attention to decentralization of hashrate sourcing,” mentioned Cathy Yu, CMO of Easy2Mine. “We’re glad to help this mission as a tokenization miner.”
“BTCST is basically thrilling,” mentioned Rene Hennen, COO of Genesis Mining, “It is among the uncommon innovations which expands the Bitcoin ecosystem with the potential so as to add lots of worth.”
“Because the operator of a few of the largest hydropower cryptocurrency mining services, we applaud the innovation of the BTCST mission,” mentioned Jiwei Zhu, Chairman of Hengjia Group. “We hope to work with the BTCST mission to enhance its ecosystem.”
About BTCST
BTCST is a token collateralized by actual Bitcoin mining energy. By staking BTCSTs, holders of the tokens will obtain each day Bitcoin distributions that correspond to the mining energy staked. With BTCST, you mine Bitcoin the DeFi method.
Official Web site: https://www.1-b.tc
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SOURCE Customary Hashrate Group
