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BNbitcoin (BNBTC) is a cryptocurrency launched in 2021. BNBTC has a current supply of 9.59M with 0 in circulation. The last known price of BNBTC is 0.007430857743 USD and is 0.000213987171 over the last 24 hours. It is currently trading on active market(s) with $209.99 traded over the last 24 hours. More information can be found at https://bnbitcoin.org.

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Updated Jun 20, 2024 3:46 am
Mkt Cap $0
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Frequently Asked Questions

  • What Is BNbitcoin (BNBTC)?

    BNbitcoin (BNBTC) is a smart contract implementation issued on the Binance Smart Chain (BSC) ecosystem. Born as a fork of an Ethereum-based project, it has been evolved and adapted for compliance with BSC's BEP20 standard, and modified in order to contend with the faster blocktimes of BSC blockchain. It is the purely mined Proof-of-Work (PoW) BEP20 token that is native to the BSC network, with no pre-mine, airdrop, nor Initial Coin Offering (ICO) being adopted for its initial distribution purposes. The PoW mining ensures a provably neutral, fair and transparent distribution.

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  • What is BNbitcoin purpose and what are its distribution details?

    BNbitcoin seeks to become the primary PoW-based store of value on the Binance Smart Chain plat-form, which conversely is categorized as a "Proof-of-Staked-Authority" (PoSA) blockchain. The process of BNBTC mining in principle is similar to the Bitcoin mining but with a difference: while Bitcoin’s network security and consensus mechanism are based on the SHA-256 algorithm, BNBTC takes advantage of the SoliditySHA3 hashing algorithm only for its distribution, being secured by the underlying network. The BNBTC miner’s work is issued to the smart contract, which, every epoch, adjusts the mining difficulty based on the amount of total hashpower interacting with it to match the target block-time. Additionally, BNBTC pays homage to Bitcoin's scarcity attribute, having the same neutral dis-tribution policy, with its maximum supply limited to 21'000'000 BNBTC, created in the next decades by no other means than the energy-intensive PoW mining process.

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  • Will be BNbitcoin scarcer over the next years like it happens for Bitcoin?

    Like Bitcoin, it has a target difficulty adjustment period of 2 weeks, target blocktime of 10 minutes, and even it implements the pre-programmed block reward eras-based halving policy designed by Satoshi Nakamoto, with perpetually integrated scarcity, security and long-term decentralization in mind. The first era begins with a block reward of 50 tokens for the first 10.5 million tokens mined, which is reduced by 50% to only 25 tokens in the following era after the first halving, and so on for 40 eras, which will be mined over the next years.

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  • What is the main feature of the BNbitcoin project?

    The bigger advantage of BNbitcoin is that it combines the deflationary policy, neutral distribution, scarcity and transparency of Bitcoin to the less expensive transactions and minting fees typical of the Binance Smart Chain. Being fully BEP20 compliant, it can be managed with several already available wallets, making BNBTC suitable also for small payments.

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  • What hardware or software are needed to mine BNbitcoin?

    Currently, BNbitcoin allows both solo and pool mining, with FPGA-based hardware being the refer-ence method and the main contributor of the total network hashrate. However, mining rigs built with both Nvidia and AMD GPU-cards can be used, combined with the mining software currently available for both Linux and Windows operative systems.

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  • Where can BNbitcoin (BNBTC) be bought?

    BNbitcoin is currently available on BSC decentralized exchanges like 1inch.exchange, pancakeswap.finance, apeswap.finance and dodoex.io.

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  • What is the all-time high price of BNbitcoin (BNBTC)?

    The all-time high of BNBTC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of BNbitcoin (BNBTC) is 0. The current price of BNBTC is down 0% from its all-time high.

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  • How much BNbitcoin (BNBTC) is there in circulation?

    As of , there is currently 0 BNBTC in circulation. BNBTC has a maximum supply of 21.00M.

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  • What is the market cap of BNbitcoin (BNBTC)?

    The current market cap of BNBTC is 0. It is calculated by multiplying the current supply of BNBTC by its real-time market price of 0.007430857743.

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  • What is the all-time low price of BNbitcoin (BNBTC)?

    The all-time low of BNBTC was 0 , from which the coin is now up 0%. The all-time low price of BNbitcoin (BNBTC) is 0. The current price of BNBTC is up 0% from its all-time low.

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  • Is BNbitcoin (BNBTC) a good investment?

    BNbitcoin (BNBTC) has a market capitalization of $0 and is ranked #8536 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BNbitcoin (BNBTC) price trends and patterns to find the best time to purchase BNBTC.

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