Details about 0xBitcoin cryptocurrency
€995,438 ( -1.17042%)
€1,399
20,998,852
10,835,900
18.262
Unknown
1224780x
€112502
0xBitcoin price charts
0XBTC exchanges
0xBitcoin, the crypto
0xBitcoin (0XBTC) is a decentralized cryptocurrency that operates on the Ethereum blockchain. It is designed to be mined using standard GPUs, unlike Bitcoin which is mined using ASICs. The project was created as a reaction to the centralization of Bitcoin mining and aims for a more democratic method of mining.
The point
The main point of 0xBitcoin (0XBTC) is to offer a decentralized alternative to Bitcoin that can be mined using standard GPUs, thereby reducing the centralization of Bitcoin mining. It also aims to provide a cryptocurrency that is more stable in terms of price, as it is not subject to the same fluctuations as Bitcoin due to its unique mining mechanism.
The problem
0xBitcoin (0XBTC) tries to solve the problem of centralization in Bitcoin mining. By making mining accessible to a wider range of people using GPUs, the project aims to reduce the risk of centralization in the mining process. It also aims to provide a more stable cryptocurrency by avoiding the extreme price fluctuations that Bitcoin experiences due to its mining mechanism.
Compare 0XBTC and BTC performance
| Timeframe | 0XBTC | BTC |
|---|---|---|
| 1h change | 0.413105 % | 0.00482346 % |
| 24h change | -1.39 % | -0.15505 % |
| 7 day change | 20.23 % | 3.43352 % |
| 14 day change | 42.09 % | -4.54527 % |
| 30 day change | -20.85 % | 4.15965 % |
| 200 day change | 24.27 % | 136.396 % |
| Year change | -51.95 % | 147.186 % |