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Bitcoin on SOL

Bitcoin on SOL

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Info

Symbol
BTC
Network
Solana
Market Cap
$9.18K
Total Supply
20.93M
Circulating Supply
20.74M
Holders
1,044
Volume (24h)
$413.59
+1,807.00%
Trades (24h)
64
+146.15%
Traders (24h)
8
+166.67%

About

A project that aims to relive the early days of Bitcoin while teaching the community about Proof-of-Work and other Cryptocurrency basics One of the key innovations of our project is the integration of Solana's blockchain technology, particularly the use of Non-Fungible Tokens (NFTs) as a core component of the mining process. Solana's blockchain is known for its high throughput and low transaction fees, making it an ideal platform for handling a large number of transactions efficiently. By utilizing Solana NFTs, we are not only leveraging the efficiency and scalability of the Solana network but also adding a unique twist to the concept of mining. In this revised system, mining is no longer an activity that requires massive computational power and energy consumption. Instead, it is tied to unique digital assets - Solana NFTs - each contributing a fixed amount of hash power to the network. This approach democratizes the mining process, as it allows individuals to participate in mining by owning these NFTs. Additionally, this system caps the total number of miners to 10,000 - as represented by the limited number of NFTs. This cap ensures that the network remains decentralized and that no single entity can gain undue control over the Bitcoin network.

FAQ

The market capitalization of BTC is $9.18K as of May 13, 2025.

Market capitalization is calculated by multiplying the current price of BTC by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of BTC is $413.59 as of May 13, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for BTC.

The total supply of BTC is 20.93M.

The circulating supply, which represents the number of BTC currently available in the market, is 20.74M as of May 13, 2025.

This token does not have a maximum supply. This means that new tokens can be created over time. The supply may change due to network protocols, staking rewards, or token burns.

BTC can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

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