Bitcoin Interest (BCI)
Price, Value, Chart, and News
Bitcoin Interest Price: $0.131457 -0.76%
What is Bitcoin Interest?
Bitcoin Interest ("BCI") is a competitive staking cryptocurrency focusing on three key areas Technology, Community, and Savings. Our blockchain has new savings technologies which enables our users to park their coins and also earn interest obligations without moving coins in their wallets.
We figured out a new way to create interest obligations to benefit our users through what we call"Enhanced Proof of Work" with the Equihash algorithm.
Whenever that the miner solves a block in the Bitcoin Interest system, they're rewarded 12.42 BCI coins whereas an additional 1.08 BCI is made in the block and delivered into the"Interest Pool." The Interest Pool is distributed equally to all of the users participating in the interest around , once the Weekly or Monthly interest around has finished.
If 5,000 cubes were solved last month, then the Interest Pool would contain ~5,000 BCI coins which would be distributed to the users at the conclusion of the interest cycle.
Miners are rewarded for making a marketplace by saving their own coins while users are rewarded for stabilizing the network. It's a win, win situation for everybody.
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