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  • bitcoinBitcoin (BTC) $ 63,862.00
  • ethereumEthereum (ETH) $ 3,054.16
  • tetherTether (USDT) $ 0.999781
  • bnbBNB (BNB) $ 556.74
  • solanaSolana (SOL) $ 142.75
  • usd-coinUSDC (USDC) $ 0.999192
  • staked-etherLido Staked Ether (STETH) $ 3,051.50
  • xrpXRP (XRP) $ 0.505937
  • dogecoinDogecoin (DOGE) $ 0.155584
  • the-open-networkToncoin (TON) $ 6.07
  • cardanoCardano (ADA) $ 0.477729
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • avalanche-2Avalanche (AVAX) $ 34.95
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 63,826.00
  • tronTRON (TRX) $ 0.110308
  • bitcoin-cashBitcoin Cash (BCH) $ 475.96
  • polkadotPolkadot (DOT) $ 6.73
  • chainlinkChainlink (LINK) $ 14.00
  • internet-computerInternet Computer (ICP) $ 14.33
  • matic-networkPolygon (MATIC) $ 0.676835
  • litecoinLitecoin (LTC) $ 81.38
  • nearNEAR Protocol (NEAR) $ 5.60
  • uniswapUniswap (UNI) $ 7.57
  • leo-tokenLEO Token (LEO) $ 5.80
  • daiDai (DAI) $ 1.00
  • aptosAptos (APT) $ 9.50
  • ethereum-classicEthereum Classic (ETC) $ 26.23
  • mantleMantle (MNT) $ 1.14
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998935
  • blockstackStacks (STX) $ 2.44
  • filecoinFilecoin (FIL) $ 6.21
  • crypto-com-chainCronos (CRO) $ 0.123806
  • okbOKB (OKB) $ 54.94
  • stellarStellar (XLM) $ 0.112806
  • cosmosCosmos Hub (ATOM) $ 8.22
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,082.59
  • render-tokenRender (RNDR) $ 7.94
  • arbitrumArbitrum (ARB) $ 1.13
  • vechainVeChain (VET) $ 0.040731
  • immutable-xImmutable (IMX) $ 2.03
  • bittensorBittensor (TAO) $ 445.52
  • hedera-hashgraphHedera (HBAR) $ 0.080892
  • dogwifcoindogwifhat (WIF) $ 2.84
  • makerMaker (MKR) $ 2,967.84
  • kaspaKaspa (KAS) $ 0.113628
  • injective-protocolInjective (INJ) $ 27.55
  • the-graphThe Graph (GRT) $ 0.260233
  • ethena-usdeEthena USDe (USDE) $ 0.998367
  • optimismOptimism (OP) $ 2.24
  • wrapped-eethWrapped eETH (WEETH) $ 3,166.61
  • fetch-aiFetch.ai (FET) $ 2.15
  • pepePepe (PEPE) $ 0.000005
  • moneroMonero (XMR) $ 117.16
  • theta-tokenTheta Network (THETA) $ 2.07
  • celestiaCelestia (TIA) $ 11.09
  • fantomFantom (FTM) $ 0.689965
  • arweaveArweave (AR) $ 28.08
  • coredaoorgCore (CORE) $ 2.02
  • thorchainTHORChain (RUNE) $ 5.33
  • lido-daoLido DAO (LDO) $ 2.00
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,374.72
  • bitget-tokenBitget Token (BGB) $ 1.26
  • suiSui (SUI) $ 1.33
  • galaGALA (GALA) $ 0.045086
  • sei-networkSei (SEI) $ 0.560747
  • quant-networkQuant (QNT) $ 105.57
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,139.27
  • beam-2Beam (BEAM) $ 0.027382
  • ethenaEthena (ENA) $ 1.02
  • algorandAlgorand (ALGO) $ 0.176340
  • jupiter-exchange-solanaJupiter (JUP) $ 1.06
  • whitebitWhiteBIT Coin (WBT) $ 9.64
  • flokiFLOKI (FLOKI) $ 0.000140
  • flowFlow (FLOW) $ 0.882959
  • bitcoin-svBitcoin SV (BSV) $ 66.02
  • neoNEO (NEO) $ 18.32
  • aaveAave (AAVE) $ 86.67
  • flare-networksFlare (FLR) $ 0.032763
  • bittorrentBitTorrent (BTT) $ 0.000001
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,056.59
  • dydx-chaindYdX (DYDX) $ 2.29
  • singularitynetSingularityNET (AGIX) $ 0.881710
  • elrond-erd-2MultiversX (EGLD) $ 41.35
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.80
  • ondo-financeOndo (ONDO) $ 0.745151
  • zebec-protocolZebec Protocol (ZBC) $ 0.020971
  • wormholeWormhole (W) $ 0.591880
  • the-sandboxThe Sandbox (SAND) $ 0.447648
  • ecasheCash (XEC) $ 0.000051
  • axie-infinityAxie Infinity (AXS) $ 6.97
  • roninRonin (RON) $ 3.18
  • bonkBonk (BONK) $ 0.000015
  • havvenSynthetix Network (SNX) $ 3.00
  • chilizChiliz (CHZ) $ 0.110294
  • ribbon-financeRibbon Finance (RBN) $ 1.01
  • ordinalsORDI (ORDI) $ 46.42
  • tezosTezos (XTZ) $ 0.992711
  • worldcoin-wldWorldcoin (WLD) $ 4.94
  • conflux-tokenConflux (CFX) $ 0.238472
  • cheeleeCheelee (CHEEL) $ 16.42
  • gatechain-tokenGate (GT) $ 6.92
  • pyth-networkPyth Network (PYTH) $ 0.605801
  • eosEOS (EOS) $ 0.785849
  • gnosisGnosis (GNO) $ 346.62
  • akash-networkAkash Network (AKT) $ 3.87
  • starknetStarknet (STRK) $ 1.22
  • jasmycoinJasmyCoin (JASMY) $ 0.018398
  • mina-protocolMina Protocol (MINA) $ 0.809600
  • msolMarinade staked SOL (MSOL) $ 167.88
  • kucoin-sharesKuCoin (KCS) $ 8.97
  • nervos-networkNervos Network (CKB) $ 0.019342
  • decentralandDecentraland (MANA) $ 0.439153
  • apecoinApeCoin (APE) $ 1.23
  • axelarAxelar (AXL) $ 1.19
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,081.40
  • dexeDeXe (DEXE) $ 12.98
  • iotaIOTA (IOTA) $ 0.227625
  • echelon-primeEchelon Prime (PRIME) $ 19.55
  • kavaKava (KAVA) $ 0.673698
  • dydxdYdX (ETHDYDX) $ 2.29
  • usddUSDD (USDD) $ 0.976981
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.80
  • aerodrome-financeAerodrome Finance (AERO) $ 1.67
  • nexoNEXO (NEXO) $ 1.22
  • klay-tokenKlaytn (KLAY) $ 0.187598
  • frax-etherFrax Ether (FRXETH) $ 3,045.77
  • oasis-networkOasis Network (ROSE) $ 0.099420
  • dymensionDymension (DYM) $ 4.03
  • aioz-networkAIOZ Network (AIOZ) $ 0.611934
  • lido-staked-solLido Staked SOL (STSOL) $ 167.48
  • heliumHelium (HNT) $ 3.99
  • fraxFrax (FRAX) $ 0.997030
  • swethSwell Ethereum (SWETH) $ 3,205.75
  • bitcoin-goldBitcoin Gold (BTG) $ 35.70
  • blurBlur (BLUR) $ 0.394919
  • corgiaiCorgiAI (CORGIAI) $ 0.001779
  • illuviumIlluvium (ILV) $ 95.23
  • osmosisOsmosis (OSMO) $ 0.923282
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000028
  • astarAstar (ASTR) $ 0.105409
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000101
  • tether-goldTether Gold (XAUT) $ 2,391.79
  • book-of-memeBOOK OF MEME (BOME) $ 0.010496
  • mantra-daoMANTRA (OM) $ 0.700603
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,254.49
  • theta-fuelTheta Fuel (TFUEL) $ 0.086588
  • pendlePendle (PENDLE) $ 5.79
  • radixRadix (XRD) $ 0.053335
  • fasttokenFasttoken (FTN) $ 1.78
  • woo-networkWOO (WOO) $ 0.295815
  • xdce-crowd-saleXDC Network (XDC) $ 0.039165
  • ocean-protocolOcean Protocol (OCEAN) $ 0.882566
  • based-brettBrett (BRETT) $ 0.062247
  • mx-tokenMX (MX) $ 5.33
  • wemix-tokenWEMIX (WEMIX) $ 1.47
  • iotexIoTeX (IOTX) $ 0.055088
  • curve-dao-tokenCurve DAO (CRV) $ 0.434322
  • true-usdTrueUSD (TUSD) $ 0.999405
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,303.50
  • altlayerAltLayer (ALT) $ 0.393308
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 62.96
  • enjincoinEnjin Coin (ENJ) $ 0.334986
  • 1inch1inch (1INCH) $ 0.415592
  • skaleSKALE (SKL) $ 0.092439
  • ankrAnkr Network (ANKR) $ 0.046869
  • polymeshPolymesh (POLYX) $ 0.449332
  • manta-networkManta Network (MANTA) $ 1.86
  • stepnGMT (GMT) $ 0.238933
  • jeo-bodenJeo Boden (BODEN) $ 0.667537
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.005155
  • zilliqaZilliqa (ZIL) $ 0.025051
  • superfarmSuperVerse (SUPER) $ 1.01
  • apenftAPENFT (NFT) $ 0.00000046
  • 0x0x Protocol (ZRX) $ 0.523213
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.08
  • pax-goldPAX Gold (PAXG) $ 2,396.60
  • memecoin-2Memecoin (MEME) $ 0.026265
  • rocket-poolRocket Pool (RPL) $ 21.34
  • celoCelo (CELO) $ 0.806043
  • degen-baseDegen (Base) (DEGEN) $ 0.034154
  • jito-governance-tokenJito (JTO) $ 3.66
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.96
  • qtumQtum (QTUM) $ 4.05
  • ravencoinRavencoin (RVN) $ 0.030955
  • ether-fiEther.fi (ETHFI) $ 3.67
  • livepeerLivepeer (LPT) $ 13.24
  • terra-luna-2Terra (LUNA) $ 0.606617
  • holotokenHolo (HOT) $ 0.002350
  • amp-tokenAmp (AMP) $ 0.007423
  • compound-wrapped-btccWBTC (CWBTC) $ 1,284.23
  • raydiumRaydium (RAY) $ 1.57
  • aelfaelf (ELF) $ 0.557847
  • siacoinSiacoin (SC) $ 0.007018
  • frax-shareFrax Share (FXS) $ 5.03
  • biconomyBiconomy (BICO) $ 0.516799
  • project-galaxyGalxe (GAL) $ 3.66
  • safepalSafePal (SFP) $ 0.825065
  • saga-2Saga (SAGA) $ 4.20
  • compound-governance-tokenCompound (COMP) $ 55.26
  • origintrailOriginTrail (TRAC) $ 0.933329
  • golemGolem (GLM) $ 0.374392
  • stader-ethxStader ETHx (ETHX) $ 3,130.63
  • basic-attention-tokenBasic Attention (BAT) $ 0.249569
  • casper-networkCasper Network (CSPR) $ 0.031024
  • centrifugeCentrifuge (CFG) $ 0.749068
  • arkhamArkham (ARKM) $ 1.73
  • gasGas (GAS) $ 5.48
  • metis-tokenMetis (METIS) $ 62.50
  • ontologyOntology (ONT) $ 0.386244
  • dashDash (DASH) $ 29.73
  • nosanaNosana (NOS) $ 4.15
  • space-idSPACE ID (ID) $ 0.797133
  • decredDecred (DCR) $ 21.27
  • threshold-network-tokenThreshold Network (T) $ 0.035002
  • zcashZcash (ZEC) $ 22.50
  • nemNEM (XEM) $ 0.037354
  • rollbit-coinRollbit Coin (RLB) $ 0.120305
  • mask-networkMask Network (MASK) $ 3.45
  • compound-ethercETH (CETH) $ 61.48
  • aragonAragon (ANT) $ 8.17
  • pixelsPixels (PIXEL) $ 0.422452
  • loopringLoopring (LRC) $ 0.255074
  • zelcashFlux (FLUX) $ 0.918095
  • chiaChia (XCH) $ 30.72
  • desoDecentralized Social (DESO) $ 28.96
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005912
  • zetachainZetaChain (ZETA) $ 1.23
  • justJUST (JST) $ 0.032562
  • kusamaKusama (KSM) $ 31.48
  • yield-guild-gamesYield Guild Games (YGG) $ 0.877801
  • api3API3 (API3) $ 2.38
  • vethor-tokenVeThor (VTHO) $ 0.003632
  • gmxGMX (GMX) $ 28.67
  • wrapped-centrifugeWrapped Centrifuge (WCFG) $ 0.751471
  • moonbeamMoonbeam (GLMR) $ 0.312118
  • ssv-networkSSV Network (SSV) $ 37.88
  • omni-networkOmni Network (OMNI) $ 25.44
  • chex-tokenCHEX Token (CHEX) $ 0.263218
  • goldfinchGoldfinch (GFI) $ 3.67
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 39.86
  • pocket-networkPocket Network (POKT) $ 0.159072
  • nxmNexus Mutual (NXM) $ 62.64
  • harmonyHarmony (ONE) $ 0.020653
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000033
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • coin98Coin98 (C98) $ 0.283692
  • rss3RSS3 (RSS3) $ 0.373392
  • chromawayChromia (CHR) $ 0.309098
  • liskLisk (LSK) $ 1.74
  • oec-tokenOKT Chain (OKT) $ 14.01
  • paal-aiPAAL AI (PAAL) $ 0.387573
  • wavesWaves (WAVES) $ 2.50
  • ongOntology Gas (ONG) $ 0.666047
  • aleph-zeroAleph Zero (AZERO) $ 0.801353
  • beldexBeldex (BDX) $ 0.038767
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.276633
  • dao-makerDAO Maker (DAO) $ 1.05
  • wilder-worldWilder World (WILD) $ 0.871274
  • pay-coinPaycoin (PCI) $ 0.242305
  • kadenaKadena (KDA) $ 0.884004
  • telcoinTelcoin (TEL) $ 0.003078
  • alexgoALEX Lab (ALEX) $ 0.335664
  • tensetTenset (10SET) $ 1.41
  • kujiraKujira (KUJI) $ 1.92
  • creditcoin-2Creditcoin (CTC) $ 0.703071
  • yearn-financeyearn.finance (YFI) $ 6,978.92
  • iconICON (ICX) $ 0.233459
  • waxWAX (WAXP) $ 0.067122
  • audiusAudius (AUDIO) $ 0.185760
  • magaMAGA (TRUMP) $ 4.85
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,163.98
  • arcblockArcblock (ABT) $ 2.26
  • lcxLCX (LCX) $ 0.287820
  • digibyteDigiByte (DGB) $ 0.012823
  • tribe-2Tribe (TRIBE) $ 0.481951
  • slerfSlerf (SLERF) $ 0.435574
  • balancerBalancer (BAL) $ 3.88
  • vanar-chainVanar Chain (VANRY) $ 0.154820
  • umaUMA (UMA) $ 2.69
  • band-protocolBand Protocol (BAND) $ 1.50
  • propyPropy (PRO) $ 3.63
  • convex-financeConvex Finance (CVX) $ 2.54
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 63,740.00
  • mog-coinMog Coin (MOG) $ 0.00000053
  • rif-tokenRSK Infrastructure Framework (RIF) $ 0.206496
  • swipeSXP (SXP) $ 0.341693
  • swissborgSwissBorg (BORG) $ 0.208458
  • ampleforthAmpleforth (AMPL) $ 1.04
  • olympusOlympus (OHM) $ 12.49
  • synapse-2Synapse (SYN) $ 1.07
  • linkFINSCHIA (FNSA) $ 26.27
  • neutron-3Neutron (NTRN) $ 0.724435
  • paypal-usdPayPal USD (PYUSD) $ 0.997764
  • magicMagic (MAGIC) $ 0.789049
  • syscoinSyscoin (SYS) $ 0.260097
  • iexec-rlciExec RLC (RLC) $ 2.73
  • the-doge-nftThe Doge NFT (DOG) $ 0.013064
  • marlinMarlin (POND) $ 0.024208
  • alephiumAlephium (ALPH) $ 2.89
  • delysiumDelysium (AGI) $ 0.256459
  • bloxBlox (CDT) $ 0.330493
  • xai-blockchainXai (XAI) $ 0.700492
  • guildfiGuildFi (GF) $ 0.334114
  • strideStride (STRD) $ 2.16
  • airtor-protocolAirTor Protocol (ATOR) $ 2.65
  • tbtctBTC (TBTC) $ 63,665.00
  • pundi-x-2Pundi X (PUNDIX) $ 0.716838
  • world-mobile-tokenWorld Mobile Token (WMT) $ 0.328483
  • helium-mobileHelium Mobile (MOBILE) $ 0.002103
  • sushiSushi (SUSHI) $ 0.949236
  • cotiCOTI (COTI) $ 0.115468
  • vvs-financeVVS Finance (VVS) $ 0.000004
  • prometeusProm (PROM) $ 9.89
  • seedify-fundSeedify.fund (SFUND) $ 2.85
  • joeJOE (JOE) $ 0.524406
  • iostokenIOST (IOST) $ 0.009535
  • dusk-networkDusk (DUSK) $ 0.385234
  • coq-inuCoq Inu (COQ) $ 0.000003
  • bitkub-coinBitkub Coin (KUB) $ 1.99
  • oraichain-tokenOraichain (ORAI) $ 11.05
  • wen-4Wen ($WEN) $ 0.000237
  • bluzelleBluzelle (BLZ) $ 0.399961
  • multibitMultibit (MUBI) $ 0.181595
  • genesysgo-shadowShadow Token (SHDW) $ 1.06
  • smooth-love-potionSmooth Love Potion (SLP) $ 0.004095
  • portal-2Portal (PORTAL) $ 1.01
  • orbsOrbs (ORBS) $ 0.039178
  • aevo-exchangeAevo (AEVO) $ 1.52
  • boraBORA (BORA) $ 0.158762
  • ecomiECOMI (OMI) $ 0.000611
  • humans-aiHumans.ai (HEART) $ 0.029728
  • noia-networkSyntropy (NOIA) $ 0.206031
  • alchemix-usdAlchemix USD (ALUSD) $ 0.986439
  • bone-shibaswapBone ShibaSwap (BONE) $ 0.664198
  • toshiToshi (TOSHI) $ 0.000394
  • alchemy-payAlchemy Pay (ACH) $ 0.032982
  • bitcoin-wizardsBitcoin Wizards (WZRD) $ 7.91
  • crown-by-third-time-gamesCrown by Third Time Games (CROWN) $ 1.02
  • venusVenus (XVS) $ 10.37
  • virtual-protocolVirtual Protocol (VIRTUAL) $ 0.162796
  • unizenUnizen (ZCX) $ 0.234184
  • stratisStratis (STRAX) $ 0.084979
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 14.68
  • guild-of-guardiansGuild of Guardians (GOG) $ 0.282499
  • cartesiCartesi (CTSI) $ 0.202698
  • numeraireNumeraire (NMR) $ 25.31
  • h2o-daoH2O Dao (H2O) $ 0.198009
  • everipediaIQ (IQ) $ 0.008719
  • escoin-tokenEscoin (ELG) $ 1.12
  • nodeaiNodeAI (GPU) $ 1.61
  • terrausdTerraClassicUSD (USTC) $ 0.017422
  • myroMyro ($MYRO) $ 0.155443
  • edu-coinOpen Campus (EDU) $ 0.591594
  • boba-networkBoba Network (BOBA) $ 0.406154
  • songbirdSongbird (SGB) $ 0.010408
  • celer-networkCeler Network (CELR) $ 0.026889
  • statusStatus (SNT) $ 0.038406
  • power-ledgerPowerledger (POWR) $ 0.293917
  • popcatPopcat (POPCAT) $ 0.153735
  • big-timeBig Time (BIGTIME) $ 0.182752
  • milady-meme-coinMilady Meme Coin (LADYS) $ 0.00000017
  • tokenfiTokenFi (TOKEN) $ 0.106391
  • gxchainGXChain (GXC) $ 1.97
  • smardexSmarDex (SDEX) $ 0.017773
  • entangleEntangle (NGL) $ 1.20
  • opsecOpSec (OPSEC) $ 1.51
  • nanoNano (XNO) $ 1.07
  • tellorTellor Tributes (TRB) $ 55.12
  • gmt-tokenGomining Token (GMT) $ 0.334107
  • autonolasAutonolas (OLAS) $ 3.23
  • pundi-xPundi X [OLD] (NPXS) $ 0.000595
  • tectumTectum (TET) $ 19.15
  • telosTelos (TLOS) $ 0.335770
  • hiveHive (HIVE) $ 0.323531
  • dora-factory-2Dora Factory (DORA) $ 0.136842
  • hooked-protocolHooked Protocol (HOOK) $ 0.944385
  • insureinSure DeFi (SURE) $ 0.005169
  • origin-etherOrigin Ether (OETH) $ 3,044.44
  • huobi-btcHuobi BTC (HBTC) $ 15,131.37
  • hivemapperHivemapper (HONEY) $ 0.103608
  • arkARK (ARK) $ 0.745463
  • paxos-standardPax Dollar (USDP) $ 1.00
  • metars-genesisMetars Genesis (MRS) $ 1.60
  • victoria-vrVictoria VR (VR) $ 0.020945
  • allianceblock-nexeraAllianceBlock Nexera (NXRA) $ 0.168985
  • sun-tokenSun Token (SUN) $ 0.013602
  • civicCivic (CVC) $ 0.165150
  • constellation-labsConstellation (DAG) $ 0.044314
  • stasis-eursSTASIS EURO (EURS) $ 1.07
  • dioneDione (DIONE) $ 0.013943
  • btse-tokenBTSE Token (BTSE) $ 0.809000
  • zencashHorizen (ZEN) $ 8.76
  • covalentCovalent (CQT) $ 0.202826
  • dentDent (DENT) $ 0.001343
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.025195
  • hashaiHashAI (HASHAI) $ 0.001414
  • mass-vehicle-ledgerMVL (MVL) $ 0.005115
  • truefiTrueFi (TRU) $ 0.112751
  • l7dexL7DEX (LSD) $ 2.67
  • nymNym (NYM) $ 0.176015
  • zignalyZignaly (ZIG) $ 0.088432
  • spell-tokenSpell (SPELL) $ 0.000882
  • ultimaUltima (ULTIMA) $ 4,606.02
  • aurora-nearAurora (AURORA) $ 0.279689
  • phaPhala (PHA) $ 0.194390
  • mapleMaple (MPL) $ 15.74
  • sovrynSovryn (SOV) $ 2.07
  • gearboxGearbox (GEAR) $ 0.023473
  • cudosCudos (CUDOS) $ 0.017527
  • hashflowHashflow (HFT) $ 0.311015
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.03
  • dkargodKargo (DKA) $ 0.032717
  • gains-networkGains Network (GNS) $ 3.57
  • solidus-aitechSolidus Ai Tech (AITECH) $ 0.219429
  • sleepless-aiSleepless AI (AI) $ 0.930812
  • secretSecret (SCRT) $ 0.445370
  • xyo-networkXYO Network (XYO) $ 0.008688
  • steemSteem (STEEM) $ 0.261237
  • bitmart-tokenBitMart (BMX) $ 0.353117
  • tensorTensor (TNSR) $ 0.953589
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  • apex-token-2ApeX (APEX) $ 2.58
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Iran’s Bitcoin Mining Could Be Generating $1 Billion in Annual Revenue: Study

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Iran's Bitcoin Mining Could Be Generating $1 Billion in Annual Revenue: Study

Iran accounts for 4.5% of all Bitcoin mining, according to a new study from the blockchain data firm Elliptic. At the country’s current rate of power consumption, Elliptic estimates that Iran’s Bitcoin mining farms would generate $1 billion in revenue, annually.

In putting together their estimate, Elliptic looked at data from Cambridge University’s Centre for Alternative Finance, as well as statements from Iran’s state-controlled Power Generation, Distribution, and Transmission Company (also known as Tavanir), which claimed Iranian miners use up to 600 MW of electricity.

Still, the company admits the numbers are “very challenging to determine.”

Cambridge last updated its per-country figures in April 2020, and pegged Iran’s average monthly share of Bitcoin’s energy consumption at 3.82%. Back then, the price of one Bitcoin was around $7,000—the global hashpower (i.e. the amount of computing power dedicated to mining Bitcoin) has since increased substantially, along with the price.

The study also suggests that Iran has doubled down on Bitcoin as a way of skirting US sanctions around oil exports. Less gas leaving the country means more cheap energy for Bitcoin mines, which is an attractive prospect not just for local miners, but also for Chinese mining companies looking to evade bans.

In effect, Iran is still selling plenty of oil and gas internationally—it’s just happening on the level of electricity generation, rather than the oil and gas itself. “The electricity being used by miners in Iran would require the equivalent of approximately 10 million barrels of crude oil each year to generate—around 4% of total Iranian oil exports in 2020,” reads the study.

The Bitcoin mining boom in Iran is also an example of how Bitcoin’s proof-of-work consensus mechanism incentivizes a race to the bottom for cheap energy; miners make more money when they’re paying less for electricity.

And the cheapest power sources tend to be the dirtiest.

Source link: cryptonews.net

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