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  • bitcoinBitcoin (BTC) $ 65,533.00
  • ethereumEthereum (ETH) $ 3,510.15
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 418.57
  • solanaSolana (SOL) $ 131.61
  • xrpXRP (XRP) $ 0.657827
  • staked-etherLido Staked Ether (STETH) $ 3,506.54
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.784040
  • dogecoinDogecoin (DOGE) $ 0.163713
  • avalanche-2Avalanche (AVAX) $ 43.53
  • shiba-inuShiba Inu (SHIB) $ 0.000027
  • polkadotPolkadot (DOT) $ 10.05
  • tronTRON (TRX) $ 0.141090
  • chainlinkChainlink (LINK) $ 20.49
  • matic-networkPolygon (MATIC) $ 1.10
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 65,370.00
  • uniswapUniswap (UNI) $ 12.92
  • the-open-networkToncoin (TON) $ 2.75
  • bitcoin-cashBitcoin Cash (BCH) $ 446.96
  • litecoinLitecoin (LTC) $ 89.97
  • internet-computerInternet Computer (ICP) $ 13.19
  • filecoinFilecoin (FIL) $ 9.93
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 34.09
  • cosmosCosmos Hub (ATOM) $ 12.52
  • nearNEAR Protocol (NEAR) $ 4.52
  • immutable-xImmutable (IMX) $ 3.25
  • leo-tokenLEO Token (LEO) $ 4.86
  • aptosAptos (APT) $ 12.04
  • blockstackStacks (STX) $ 3.02
  • stellarStellar (XLM) $ 0.147167
  • bittensorBittensor (TAO) $ 632.79
  • hedera-hashgraphHedera (HBAR) $ 0.117427
  • optimismOptimism (OP) $ 3.89
  • crypto-com-chainCronos (CRO) $ 0.146636
  • kaspaKaspa (KAS) $ 0.163411
  • vechainVeChain (VET) $ 0.050610
  • injective-protocolInjective (INJ) $ 39.67
  • okbOKB (OKB) $ 57.70
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • pepePepe (PEPE) $ 0.000007
  • the-graphThe Graph (GRT) $ 0.311565
  • lido-daoLido DAO (LDO) $ 3.27
  • mantleMantle (MNT) $ 0.891006
  • render-tokenRender (RNDR) $ 7.41
  • moneroMonero (XMR) $ 147.81
  • celestiaCelestia (TIA) $ 15.78
  • arbitrumArbitrum (ARB) $ 2.00
  • bonkBonk (BONK) $ 0.000037
  • theta-tokenTheta Network (THETA) $ 2.34
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,858.38
  • bitcoin-svBitcoin SV (BSV) $ 106.74
  • algorandAlgorand (ALGO) $ 0.252688
  • sei-networkSei (SEI) $ 0.789635
  • makerMaker (MKR) $ 2,121.94
  • arweaveArweave (AR) $ 29.08
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,595.98
  • fetch-aiFetch.ai (FET) $ 1.79
  • suiSui (SUI) $ 1.50
  • beam-2Beam (BEAM) $ 0.035258
  • fantomFantom (FTM) $ 0.658190
  • flowFlow (FLOW) $ 1.23
  • elrond-erd-2MultiversX (EGLD) $ 68.81
  • quant-networkQuant (QNT) $ 125.31
  • ordinalsORDI (ORDI) $ 86.60
  • bittorrentBitTorrent (BTT) $ 0.000002
  • thorchainTHORChain (RUNE) $ 5.61
  • aaveAave (AAVE) $ 113.93
  • dogwifcoindogwifhat (WIF) $ 1.62
  • dydx-chaindYdX (DYDX) $ 3.78
  • galaGALA (GALA) $ 0.046669
  • the-sandboxThe Sandbox (SAND) $ 0.694191
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000073
  • flare-networksFlare (FLR) $ 0.043545
  • flokiFLOKI (FLOKI) $ 0.000153
  • havvenSynthetix Network (SNX) $ 4.52
  • axie-infinityAxie Infinity (AXS) $ 10.68
  • mina-protocolMina Protocol (MINA) $ 1.36
  • chilizChiliz (CHZ) $ 0.150978
  • axelarAxelar (AXL) $ 2.28
  • apecoinApeCoin (APE) $ 2.22
  • starknetStarknet (STRK) $ 1.82
  • tezosTezos (XTZ) $ 1.43
  • neoNEO (NEO) $ 18.34
  • true-usdTrueUSD (TUSD) $ 1.01
  • bitget-tokenBitget Token (BGB) $ 0.908765
  • decentralandDecentraland (MANA) $ 0.680436
  • kucoin-sharesKuCoin (KCS) $ 13.16
  • heliumHelium (HNT) $ 8.72
  • eosEOS (EOS) $ 1.11
  • whitebitWhiteBIT Coin (WBT) $ 8.35
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.06
  • jasmycoinJasmyCoin (JASMY) $ 0.024985
  • conflux-tokenConflux (CFX) $ 0.314298
  • corgiaiCorgiAI (CORGIAI) $ 0.003653
  • dydxdYdX (ETHDYDX) $ 3.81
  • singularitynetSingularityNET (AGIX) $ 0.897842
  • worldcoin-wldWorldcoin (WLD) $ 7.86
  • oasis-networkOasis Network (ROSE) $ 0.163994
  • klay-tokenKlaytn (KLAY) $ 0.309721
  • iotaIOTA (IOTA) $ 0.343000
  • woo-networkWOO (WOO) $ 0.584893
  • kavaKava (KAVA) $ 0.981293
  • frax-etherFrax Ether (FRXETH) $ 3,492.77
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000181
  • gnosisGnosis (GNO) $ 399.04
  • cheeleeCheelee (CHEEL) $ 18.10
  • akash-networkAkash Network (AKT) $ 4.46
  • wemix-tokenWEMIX (WEMIX) $ 2.81
  • osmosisOsmosis (OSMO) $ 1.61
  • blurBlur (BLUR) $ 0.700920
  • pyth-networkPyth Network (PYTH) $ 0.662419
  • ecasheCash (XEC) $ 0.000048
  • astarAstar (ASTR) $ 0.160934
  • msolMarinade staked SOL (MSOL) $ 154.66
  • dymensionDymension (DYM) $ 6.00
  • swethSwell Ethereum (SWETH) $ 3,645.11
  • curve-dao-tokenCurve DAO (CRV) $ 0.750497
  • roninRonin (RON) $ 2.84
  • nexoNEXO (NEXO) $ 1.50
  • enjincoinEnjin Coin (ENJ) $ 0.589265
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.37
  • jupiter-exchange-solanaJupiter (JUP) $ 0.603634
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,752.66
  • ribbon-financeRibbon Finance (RBN) $ 0.792600
  • usddUSDD (USDD) $ 1.00
  • illuviumIlluvium (ILV) $ 116.64
  • holotokenHolo (HOT) $ 0.004093
  • ondo-financeOndo (ONDO) $ 0.494736
  • frax-shareFrax Share (FXS) $ 9.22
  • apenftAPENFT (NFT) $ 0.00000072
  • gatechain-tokenGate (GT) $ 5.28
  • nervos-networkNervos Network (CKB) $ 0.016151
  • manta-networkManta Network (MANTA) $ 2.78
  • golemGolem (GLM) $ 0.699744
  • bitcoin-goldBitcoin Gold (BTG) $ 39.15
  • 1inch1inch (1INCH) $ 0.601502
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,713.41
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.59
  • coredaoorgCore (CORE) $ 0.757717
  • xdce-crowd-saleXDC Network (XDC) $ 0.046978
  • fraxFrax (FRAX) $ 1.00
  • superfarmSuperVerse (SUPER) $ 1.43
  • ocean-protocolOcean Protocol (OCEAN) $ 1.06
  • compound-governance-tokenCompound (COMP) $ 92.12
  • rocket-poolRocket Pool (RPL) $ 31.41
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.47
  • qtumQtum (QTUM) $ 5.87
  • skaleSKALE (SKL) $ 0.116914
  • lido-staked-solLido Staked SOL (STSOL) $ 153.53
  • celoCelo (CELO) $ 1.11
  • zilliqaZilliqa (ZIL) $ 0.032787
  • iotexIoTeX (IOTX) $ 0.061204
  • terra-luna-2Terra (LUNA) $ 0.828432
  • stepnGMT (GMT) $ 0.315963
  • altlayerAltLayer (ALT) $ 0.501277
  • siacoinSiacoin (SC) $ 0.009673
  • fasttokenFasttoken (FTN) $ 1.76
  • casper-networkCasper Network (CSPR) $ 0.045478
  • theta-fuelTheta Fuel (TFUEL) $ 0.083265
  • echelon-primeEchelon Prime (PRIME) $ 15.01
  • gmxGMX (GMX) $ 56.45
  • metis-tokenMetis (METIS) $ 98.52
  • tether-goldTether Gold (XAUT) $ 2,102.59
  • magaMAGA (TRUMP) $ 11.11
  • kujiraKujira (KUJI) $ 4.19
  • chiaChia (XCH) $ 51.10
  • origintrailOriginTrail (TRAC) $ 1.33
  • zetachainZetaChain (ZETA) $ 2.16
  • arkhamArkham (ARKM) $ 2.53
  • aelfaelf (ELF) $ 0.705948
  • compound-wrapped-btccWBTC (CWBTC) $ 1,308.49
  • basic-attention-tokenBasic Attention (BAT) $ 0.330477
  • gasGas (GAS) $ 7.55
  • kusamaKusama (KSM) $ 54.51
  • memecoin-2Memecoin (MEME) $ 0.050303
  • zcashZcash (ZEC) $ 32.42
  • compound-ethercETH (CETH) $ 70.10
  • kadenaKadena (KDA) $ 1.76
  • dashDash (DASH) $ 39.87
  • radixRadix (XRD) $ 0.044583
  • mask-networkMask Network (MASK) $ 4.81
  • nosanaNosana (NOS) $ 5.31
  • stader-ethxStader ETHx (ETHX) $ 3,549.36
  • nemNEM (XEM) $ 0.048597
  • desoDecentralized Social (DESO) $ 40.87
  • convex-financeConvex Finance (CVX) $ 5.23
  • livepeerLivepeer (LPT) $ 13.77
  • moonbeamMoonbeam (GLMR) $ 0.508384
  • loopringLoopring (LRC) $ 0.337425
  • harmonyHarmony (ONE) $ 0.034253
  • ankrAnkr Network (ANKR) $ 0.041868
  • audiusAudius (AUDIO) $ 0.354990
  • pixelsPixels (PIXEL) $ 0.523344
  • aleph-zeroAleph Zero (AZERO) $ 1.33
  • neutron-3Neutron (NTRN) $ 1.44
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.68
  • decredDecred (DCR) $ 24.99
  • pax-goldPAX Gold (PAXG) $ 2,043.59
  • ravencoinRavencoin (RVN) $ 0.028468
  • api3API3 (API3) $ 3.70
  • oec-tokenOKT Chain (OKT) $ 21.66
  • centrifugeCentrifuge (CFG) $ 0.799009
  • rollbit-coinRollbit Coin (RLB) $ 0.131170
  • dexeDeXe (DEXE) $ 6.59
  • safepalSafePal (SFP) $ 0.813114
  • justJUST (JST) $ 0.041816
  • portal-2Portal (PORTAL) $ 2.21
  • 0x0x Protocol (ZRX) $ 0.439546
  • zelcashFlux (FLUX) $ 1.06
  • vethor-tokenVeThor (VTHO) $ 0.004977
  • hytopiaHytopia (TOPIA) $ 0.072789
  • biconomyBiconomy (BICO) $ 0.506216
  • xai-blockchainXai (XAI) $ 1.29
  • aragonAragon (ANT) $ 8.88
  • project-galaxyGalxe (GAL) $ 3.37
  • pocket-networkPocket Network (POKT) $ 0.214170
  • magicMagic (MAGIC) $ 1.34
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • strideStride (STRD) $ 3.91
  • umaUMA (UMA) $ 4.41
  • jito-governance-tokenJito (JTO) $ 2.94
  • wavesWaves (WAVES) $ 3.42
  • band-protocolBand Protocol (BAND) $ 2.44
  • iconICON (ICX) $ 0.336853
  • threshold-network-tokenThreshold Network (T) $ 0.034249
  • sushiSushi (SUSHI) $ 1.71
  • terrausdTerraClassicUSD (USTC) $ 0.036346
  • paal-aiPAAL AI (PAAL) $ 0.487563
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 49.39
  • helium-mobileHelium Mobile (MOBILE) $ 0.003754
  • nxmNexus Mutual (NXM) $ 73.41
  • cotiCOTI (COTI) $ 0.205938
  • yearn-financeyearn.finance (YFI) $ 9,477.58
  • cartesiCartesi (CTSI) $ 0.397929
  • pendlePendle (PENDLE) $ 3.17
  • chromawayChromia (CHR) $ 0.389942
  • tellorTellor Tributes (TRB) $ 119.06
  • linkFINSCHIA (FNSA) $ 39.51
  • ontologyOntology (ONT) $ 0.332207
  • raydiumRaydium (RAY) $ 1.16
  • mx-tokenMX (MX) $ 2.97
  • amp-tokenAmp (AMP) $ 0.005244
  • balancerBalancer (BAL) $ 5.29
  • alexgoALEX Lab (ALEX) $ 0.417933
  • swipeSXP (SXP) $ 0.488827
  • aioz-networkAIOZ Network (AIOZ) $ 0.267431
  • smooth-love-potionSmooth Love Potion (SLP) $ 0.006987
  • wrapped-centrifugeWrapped Centrifuge (WCFG) $ 0.797297
  • waxWAX (WAXP) $ 0.083181
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.055023
  • coin98Coin98 (C98) $ 0.392342
  • mantra-daoMANTRA (OM) $ 0.351730
  • space-idSPACE ID (ID) $ 0.645371
  • autonolasAutonolas (OLAS) $ 5.65
  • victoria-vrVictoria VR (VR) $ 0.044845
  • iexec-rlciExec RLC (RLC) $ 3.78
  • dao-makerDAO Maker (DAO) $ 1.15
  • swissborgSwissBorg (BORG) $ 0.274382
  • seedify-fundSeedify.fund (SFUND) $ 4.23
  • paypal-usdPayPal USD (PYUSD) $ 1.01
  • digibyteDigiByte (DGB) $ 0.015538
  • ecomiECOMI (OMI) $ 0.000968
  • rif-tokenRSK Infrastructure Framework (RIF) $ 0.259585
  • wen-4Wen ($WEN) $ 0.000263
  • bitkub-coinBitkub Coin (KUB) $ 2.92
  • edu-coinOpen Campus (EDU) $ 0.984258
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,611.20
  • oraichain-tokenOraichain (ORAI) $ 16.36
  • mog-coinMog Coin (MOG) $ 0.00000063
  • beldexBeldex (BDX) $ 0.039986
  • ssv-networkSSV Network (SSV) $ 35.16
  • big-timeBig Time (BIGTIME) $ 0.489223
  • liskLisk (LSK) $ 1.71
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.273856
  • covalentCovalent (CQT) $ 0.388586
  • polymeshPolymesh (POLYX) $ 0.235917
  • stratisStratis (STRAX) $ 1.53
  • myriaMyria (MYRIA) $ 0.014706
  • alephiumAlephium (ALPH) $ 3.32
  • orcaOrca (ORCA) $ 4.69
  • tectumTectum (TET) $ 32.34
  • songbirdSongbird (SGB) $ 0.016122
  • oasysOasys (OAS) $ 0.126100
  • iostokenIOST (IOST) $ 0.012358
  • bone-shibaswapBone ShibaSwap (BONE) $ 0.915427
  • guildfiGuildFi (GF) $ 0.422012
  • vvs-financeVVS Finance (VVS) $ 0.000005
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 65,473.00
  • tribe-2Tribe (TRIBE) $ 0.493055
  • moonriverMoonriver (MOVR) $ 24.81
  • pandoraPandora (PANDORA) $ 22,303.00
  • sleepless-aiSleepless AI (AI) $ 1.69
  • synapse-2Synapse (SYN) $ 1.15
  • reserve-rights-tokenReserve Rights (RSR) $ 0.004269
  • numeraireNumeraire (NMR) $ 34.25
  • telosTelos (TLOS) $ 0.517496
  • lukso-token-2LUKSO (LYX) $ 6.89
  • coq-inuCoq Inu (COQ) $ 0.000003
  • gains-networkGains Network (GNS) $ 6.09
  • spell-tokenSpell (SPELL) $ 0.001487
  • venusVenus (XVS) $ 13.02
  • joeJOE (JOE) $ 0.597008
  • telcoinTelcoin (TEL) $ 0.002616
  • paxos-standardPax Dollar (USDP) $ 1.00
  • olympusOlympus (OHM) $ 12.33
  • vulcan-forgedVulcan Forged (PYR) $ 8.48
  • boraBORA (BORA) $ 0.202548
  • marlinMarlin (POND) $ 0.025078
  • yield-guild-gamesYield Guild Games (YGG) $ 0.661770
  • dentDent (DENT) $ 0.002096
  • syscoinSyscoin (SYS) $ 0.254955
  • statusStatus (SNT) $ 0.050434
  • prometeusProm (PROM) $ 10.96
  • constellation-labsConstellation (DAG) $ 0.066420
  • power-ledgerPowerledger (POWR) $ 0.386536
  • creditcoin-2Creditcoin (CTC) $ 0.623415
  • lcxLCX (LCX) $ 0.254834
  • orbsOrbs (ORBS) $ 0.046759
  • vanar-chainVanar Chain (VANRY) $ 0.139847
  • bloxBlox (CDT) $ 0.287157
  • gxchainGXChain (GXC) $ 2.64
  • ultimaUltima (ULTIMA) $ 8,073.79
  • nanoNano (XNO) $ 1.46
  • secretSecret (SCRT) $ 0.703355
  • hooked-protocolHooked Protocol (HOOK) $ 1.38
  • chainflipChainflip (FLIP) $ 8.63
  • arkARK (ARK) $ 1.05
  • celer-networkCeler Network (CELR) $ 0.033452
  • insureinSure DeFi (SURE) $ 0.007048
  • myroMyro ($MYRO) $ 0.183962
  • genesysgo-shadowShadow Token (SHDW) $ 1.16
  • auctionBounce (AUCTION) $ 28.21
  • nymNym (NYM) $ 0.256598
  • zencashHorizen (ZEN) $ 12.39
  • gelatoGelato (GEL) $ 0.740510
  • huobi-tokenHuobi (HT) $ 1.18
  • hivemapperHivemapper (HONEY) $ 0.207475
  • my-neighbor-aliceMy Neighbor Alice (ALICE) $ 2.05
  • heroes-of-maviaHeroes of Mavia (MAVIA) $ 6.02
  • ergoErgo (ERG) $ 2.44
  • radiant-capitalRadiant Capital (RDNT) $ 0.395528
  • hashflowHashflow (HFT) $ 0.496732
  • hiveHive (HIVE) $ 0.419356
  • cudosCudos (CUDOS) $ 0.025670
  • smardexSmarDex (SDEX) $ 0.023638
  • maverick-protocolMaverick Protocol (MAV) $ 0.692851
  • multibitMultibit (MUBI) $ 0.180052
  • arcblockArcblock (ABT) $ 1.73
  • liquityLiquity (LQTY) $ 1.81
  • crown-by-third-time-gamesCrown by Third Time Games (CROWN) $ 1.59
  • wilder-worldWilder World (WILD) $ 0.626529
  • trias-tokenTriasLab (TRIAS) $ 16.92
  • everipediaIQ (IQ) $ 0.009409
  • winkWINkLink (WIN) $ 0.000174
  • agoras-currency-of-tauAgoras: Currency of Tau (AGRS) $ 9.09
  • omisegoOMG Network (OMG) $ 1.18
  • alchemix-usdAlchemix USD (ALUSD) $ 0.980605
  • dogelon-marsDogelon Mars (ELON) $ 0.00000030
  • humans-aiHumans.ai (HEART) $ 0.031687
  • delysiumDelysium (AGI) $ 0.257212
  • ongOntology Gas (ONG) $ 0.430189
  • stader-maticxStader MaticX (MATICX) $ 1.21
  • huobi-btcHuobi BTC (HBTC) $ 17,515.07
  • origin-etherOrigin Ether (OETH) $ 3,489.49
  • opsecOpSec (OPSEC) $ 1.64
  • bluzelleBluzelle (BLZ) $ 0.363762
  • wazirxWazirX (WRX) $ 0.340461
  • dkargodKargo (DKA) $ 0.042016
  • harrypotterobamasonic10inHarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.149648
  • nakamoto-gamesNakamoto Games (NAKA) $ 2.37
  • tensetTenset (10SET) $ 0.923675
  • dusk-networkDusk (DUSK) $ 0.336891
  • crvusdcrvUSD (CRVUSD) $ 0.997237
  • rss3RSS3 (RSS3) $ 0.238064
  • dodoDODO (DODO) $ 0.243279
  • xyo-networkXYO Network (XYO) $ 0.010738
  • alpha-financeStella (ALPHA) $ 0.169816
  • pundi-x-2Pundi X (PUNDIX) $ 0.573174
  • mass-vehicle-ledgerMVL (MVL) $ 0.006012
  • verasityVerasity (VRA) $ 0.014250
  • commune-aiCommune AI (COMAI) $ 2.26
  • gemini-dollarGemini Dollar (GUSD) $ 1.00
  • playdappPlayDapp (PLA) $ 0.253519
  • alchemy-payAlchemy Pay (ACH) $ 0.029569
  • noia-networkSyntropy (NOIA) $ 0.187854
  • world-mobile-tokenWorld Mobile Token (WMT) $ 0.263887
  • stargate-financeStargate Finance (STG) $ 0.700452
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000019
  • snekSnek (SNEK) $ 0.001955
  • alethea-artificial-liquid-intelligence-tokenArtificial Liquid Intelligence (ALI) $ 0.040981
  • steemSteem (STEEM) $ 0.311191
  • liquity-usdLiquity USD (LUSD) $ 0.998021
  • dora-factory-2Dora Factory (DORA) $ 0.140671
  • kyber-network-crystalKyber Network Crystal (KNC) $ 0.825348
  • mapleMaple (MPL) $ 17.88
  • milk-allianceMiL.k Alliance (MLK) $ 0.404368
  • chaingptChainGPT (CGPT) $ 0.361296
  • loom-network-newLoom Network (NEW) (LOOM) $ 0.112052
  • gmt-tokenGomining Token (GMT) $ 0.320815
  • aurora-nearAurora (AURORA) $ 0.314440
  • stasis-eursSTASIS EURO (EURS) $ 1.09
  • mediblocMedibloc (MED) $ 0.016170
  • cortexCortex (CTXC) $ 0.613351
  • energy-web-tokenEnergy Web (EWT) $ 2.71
  • open-exchange-tokenOpen Exchange Token (OX) $ 0.016380
  • guild-of-guardiansGuild of Guardians (GOG) $ 0.246911
  • btse-tokenBTSE Token (BTSE) $ 0.823600
  • stp-networkSTP (STPT) $ 0.068950
  • adventure-goldAdventure Gold (AGLD) $ 1.72
  • metalMetal DAO (MTL) $ 2.06
  • bakerytokenBakerySwap (BAKE) $ 0.452295
  • agoricAgoric (BLD) $ 0.197483
  • gamefiGameFi.org (GAFI) $ 11.70
  • acalaAcala (ACA) $ 0.132583
  • moboxMobox (MBOX) $ 0.466441
  • pepeforkPepeFork (PORK) $ 0.00000037
  • polymathPolymath (POLY) $ 0.139822
  • looksrareLooksRare (LOOKS) $ 0.126005
  • ordiswap-tokenOrdiswap (ORDS) $ 0.233362
  • radicleRadworks (RAD) $ 2.50
  • bancorBancor Network (BNT) $ 0.930027
  • nknNKN (NKN) $ 0.160255
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Bitcoin Mining Is Going Cold In The Nordic Region

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Bitcoin Mining Is Going Cold In The Nordic Region

With their abundant renewable energy resources, Iceland, Sweden and Norway have all been popular locations for eco-friendly Bitcoin mining. But per the Economic Times, this could be set to change. 

As a result of rising climate challenges, these countries might soon turn their back on the crypto industry, as renewable energy is redirected to face more pressing challenges in the quest for a smaller carbon footprint.

“There could be very little excess energy in 2021 and 2022,” said Hordur Arnarson, chief executive officer at Landsvirkjun, Iceland’s national power company. 

Bitcoin mining in the Nordic region

Sweden, Norway and Iceland have an abundance of geothermal, hydro, and wind power—energy sources that have long been touted as cheap renewable options for Bitcoin miners. In contrast, Chinese mining is dominated by coal.

But according to the Economic Times, the Nordic region’s renewable energy will soon be redirected to oil rigs and steelmakers—industries that are also in need of clean energy.

Bitfarms Is Bringing Hydroelectric Bitcoin Mining to Argentina

Arnarson stated that “because of the climate issues we see a lot of very interesting segments that are growing rapidly, and several of them need electricity.” 

In fact, the decline in Bitcoin mining is already evident in Norway. Per Cambridge University, Norway’s global share of Bitcoin mining has dropped from just under 1% in the third quarter of 2019, to 0.48% today. 

What is Bitcoin mining? 

Bitcoin mining is the process by which new Bitcoin is created. 

Bitcoin miners use computers to process complex mathematical problems—consuming immense levels of electricity in the process—in order to add new blocks to the Bitcoin blockchain and bring new Bitcoin into circulation. 

The exact energy consumption of Bitcoin mining is hard to quantify, but an estimate from Cambridge University has the industry consuming approximately 120 terawatt-hours of electricity per year. This is equivalent to more electricity consumption than most countries.

In turn, that electrical consumption translates into a carbon footprint. Again, Bitcoin mining’s exact carbon footprint is hard to quantify, but Decrypt has previously noted how Bitcoin’s carbon footprint equates to approximately 61 billion pounds of burned coal, 9 million average homes’ average energy consumption for the year, or 138 billion miles driven by an average passenger vehicle. 

For some, there are solutions on the table. One of these solutions is to move Bitcoin’s blockchain from its current consensus algorithm, proof-of-work, to the more energy-efficient proof-of-stake mechanism. 

Ethereum, the second-biggest cryptocurrency by market cap, is moving from proof of work to proof of stake with its long-awaited ETH 2.0 upgrade. It’s possible that Bitcoin could follow suit or adopt a hybrid approach, Alex Zhao, CEO of Standard Hashrate Group, told Decrypt. He explained that by issuing a hashrate token on the proof of stake Binance Smart Chain, “we are enabling a type of hybrid approach already.”

However, according to a recent study in scientific journal Nature, Bitcoin’s carbon footprint is only going to get worse, with Bitcoin mining in China set to pump out 130 million metric tons of carbon emissions by 2024. That alone is equivalent to 14% of the world’s aviation industry’s carbon footprint in 2019.

Source link: cryptonews.net

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