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BTC Issuer Risk
Please take all and any precaution and be advised that this crypto-asset is classified as a high-risk crypto-asset. This crypto-asset lacks a clearly identifiable issuer or/and an established project team, which increases or may increase its susceptibility to significant market risks, including but not limited to extreme volatility, low liquidity, or/and the potential for market abuse or price manipulation. There is no absolute guarantee of the value, stability, or the ability to sell this crypto-asset at preferred or desired prices.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Bitcoin market info
Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price. Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
The current price of Bitcoin is $93,613.30. Over the last 24 hours, Bitcoin has increased by +6.28%. It currently has a circulating supply of 19,854,946 BTC and a maximum supply of 21,000,000 BTC, giving it a fully diluted market cap of $1,854.53B. At present, the Bitcoin coin holds the 1 position in market cap rankings. The Bitcoin/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Bitcoin (BTC) is a revolutionary virtual currency that supports a decentralized peer-to-peer (P2P) payment system free from the centralized control of any government or entity. Bitcoin was created in 2008 by an anonymous person or group of people known by the pseudonym Satoshi Nakamoto.
Although Bitcoin wasn't technically the first cryptocurrency created, the asset and its ground-breaking blockchain technology are widely considered the catalyst for today's flourishing digital asset industry. Bitcoin is currently the largest cryptocurrency by market capitalization.
How does Bitcoin work?
Bitcoin is entirely digital and operates on a decentralized blockchain network — a virtual public ledger that records all transactions made on the Bitcoin blockchain. Bitcoin transactions are sent electronically to nodes that verify their validity. Once confirmed, a transaction is grouped with others to create a 'block' of information, which is then added to the blockchain. This process is known as Proof of Work, and it helps to protect the network's security.
The blockchain ledger is immutable, making it virtually impossible to be removed or altered. The ledger is freely accessible to anyone, making it an open blockchain, and transactions can be made anonymously, bringing privacy and transparency to the network. Being decentralized, Bitcoin can be traded freely between anyone with an internet connection through P2P trading.
Who created Bitcoin?
Bitcoin was created by the individual or collective group known as Satoshi Nakamoto as a response to perceived issues with the traditional banking system. Bitcoin was launched immediately after the global economic crash of 2007 and 2008, and its purpose was revealed to the world through a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. Ultimately, Bitcoin was designed to help create a fairer, more equitable, and more democratic financial system for all — free from the control of banks and centralized entities.
Over the years, various figures have claimed to be Bitcoin's creator, and some media titles have incorrectly identified individuals as such. But, to this day, Nakamoto's true identity has never been revealed.
What is Bitcoin used for?
Bitcoin is considered by many to be a store of value, which is why some refer to the asset as "digital gold". The currency also provides a decentralized payment system through which other digital assets can be traded and transferred.
Bitcoin is widely traded speculatively, and is growing in adoption as a form of payment for goods and services. What's more, some companies allow their employees to be paid a portion of their salary in Bitcoin. Many people see Bitcoin as a hedge against inflation, given its historical resilience and alleged outperformance during inflationary periods.
Advancements to blockchain technology have brought about an evolution in what's possible on the Bitcoin network. The ordinals protocol, for example, now allows users to inscribe data such as videos, images, and text onto individual satoshis — the smallest unit of Bitcoin — on the Bitcoin blockchain. This created a new way of storing and sharing digital assets using blockchain technology. Then, in 2024, Bitcoin Runes arrived. The protocol allows users to create new tokens directly on the Bitcoin network, and potentially provides Bitcoin miners with a new revenue stream.
Bitcoin price and tokenomics
One unique factor of Bitcoin is that the BTC price and value is ultimately determined by the collective opinion and actions of the community that trades it. Where fiat currencies are backed by physical commodities or government guarantees, Bitcoin is simply backed by data and shared beliefs.
Bitcoin's price and value is also influenced by the demand for the asset relative to its available supply. From the asset's inception, its supply was limited to 21 million Bitcoin to create scarcity and theoretically increase the asset's value over time as demand increases. Factors outside of the asset's controlled supply and scarcity also have an impact on BTC price. One major factor is the sentiment surrounding Bitcoin news and how it influences public opinion to either buy or sell the asset.
The supply of total Bitcoin is managed by a process known as 'mining', which is also decentralized and open to anyone with the required connectivity, knowledge, and resources. BTC mining involves using computers to solve complex equations to validate transactions and store them on the blockchain. Bitcoin miners earn BTC as a reward for solving these equations. Not only does this incentive increase the supply of Bitcoin, it also helps to strengthen the network's security.
What is the Bitcoin halving?
Bitcoin's code has been deliberately designed to reduce the rewards given to miners through an event known as Bitcoin halving. The amount of Bitcoin awarded to miners for successfully adding blocks to the blockchain is reduced by half after every 210,000 blocks, or approximately every four years. To date, the Bitcoin network has witnessed a halving event in November 2012, July 2016, May 2020, and April 2024.
The Bitcoin halving progressively reduces the rate at which new BTC enters circulation until the total fixed supply of 21 million Bitcoin is mined. Bitcoin mining will end when the token reaches its maximum circulating supply around the year 2140. Since the latest halving event in 2024, the Bitcoin mining reward has been cut from 6.25 BTC to 3.125 BTC. The next Bitcoin halving is expected to take place at some point during 2028, although the exact date is difficult to estimate. Following the next halving event, the Bitcoin mining block reward will be reduced to 1.5625 BTC.
Historically, the BTC price has rallied following halving events, although the gains made have diminished with each successive halving. The Bitcoin price jumped by over 12,400% following the first halving event in 2012, 5,200% after the 2016 halving, and 1,200% following the 2020 halving.
Bitcoin mining and its environmental impact
'Bitcoin mining' refers to the process through which new Bitcoin are created and Bitcoin transactions are verified before being added to the blockchain. During the mining process, miners compete to solve difficult cryptographic problems. The first miner to solve the problem is rewarded with newly created Bitcoins — what's known as the block reward.
Bitcoin mining has come under scrutiny for its environmental impact because the process is highly energy intensive. Research have shown that, in 2023, the electricity used to support Bitcoin mining represented around 0.2% to 0.9% of the total global demand for electricity. As a result, Bitcoin mining consumes a similar amount of electricity as some countries. And, as the difficulty of solving cryptographic problems during the mining process increases, so does the energy demanded. The environmental impact of Bitcoin mining is understandably a challenge for the crypto space. Today, organizations such as the Crypto Climate Accord (CCA) and Bitcoin Mining Council (BMC) are working to address the sustainability challenges facing crypto and provide transparency to mining operations.
Towards more sustainable Bitcoin mining methods, the activity has been adopted as a method of monetizing energy sources that would otherwise go to waste, providing a valuable source of income in developing nations in particular. In both Nigeria and Costa Rica for example, hydroelectric power is being repurposed to support crypto mining operations, generating income not only through mined BTC but also the hosting of mining infrastructure. Meanwhile, some Bitcoin mining operations have invested their BTC earnings into renewable energy sources to help offset the environmental impact of mining.
How to trade Bitcoin
There are many ways to acquire and trade Bitcoin, and one of the most common is through an exchange. Although Bitcoin was built on the idea of decentralization, what's known as a centralized exchange provides access to the currency. On a centralized exchange, you can purchase Bitcoin using traditional currencies such as USD and EUR, or using other cryptocurrencies including USDC or ETH. Alongside providing an avenue to purchase Bitcoin, centralized exchanges also match buyers to sellers so you can trade Bitcoin with ease.
Decentralized exchanges are an alternative to centralized services. On a decentralized exchange, buyers and sellers interact directly without the involvement of an intermediary to trade cryptocurrencies. This is known as P2P. Although decentralized exchanges may be hosted by a centralized entity, it has no influence over the transactions between users, and only provides the platform for exchanges to take place. As a result, you'll need a Bitcoin wallet to safely store your BTC.
Alongside the trading of Bitcoin for other digital assets, it's possible to obtain Bitcoin through mining and even by using Bitcoin ATMs. Like a conventional ATM but one that's connected to the blockchain, Bitcoin ATMs allow you to effortlessly exchange BTC for cash or cash for BTC.
How can I keep my Bitcoin safe?
If you buy or trade Bitcoin through a centralized exchange, your chosen platform will hold your tokens on your behalf. However, it's recommended that you use a self-custody Bitcoin wallet to manage your BTC yourself. With a secure and trusted Bitcoin wallet, you won't need to rely on a third-party to keep your Bitcoin safe. You'll keep full control of your private keys, while you also avoid the need to share personal details with a third-party, preserving your privacy. Whether you choose a hardware or a software wallet when selecting a Bitcoin wallet, it's essential to understand how the tool works and how to manage your private keys, so you avoid errors that could compromise the security of your assets.
Latest Bitcoin news
2024 has been a noteworthy year for Bitcoin. One major development for the currency came with the approval of a Spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), which was announced on January 10, 2024. Eleven proposals from issuers including Grayscale, Blackrock, ARK, and VanEck were approved, marking a major shift towards the mainstream adoption of Bitcoin. This was followed by the approval of six further Spot Bitcoin ETFs in Hong Kong on April 30, 2024 as the funds reached retail traders in Asia for the first time.
Around three months after the approval of the Spot Bitcoin ETF in the U.S., the virtual currency experienced its fourth Bitcoin halving since launch, which happened on April 19, 2024. The Bitcoin halving cut the reward granted to miners on the Bitcoin network from 6.25 BTC to 3.125 BTC. There's much speculation around the impact the latest Bitcoin halving event will have on the asset's value, and it's still too early to assess how the 2024 halving will impact the Bitcoin price long-term.
Events such as the Spot Bitcoin ETF approval, the 2024 halving event, and bullish sentiment for the crypto market broadly helped Bitcoin to reach a new all-time high price of $73,787 on March 13, 2024. However, BTC prices pulled back as far as $56,825.40 on April 30, 2024, before reaching above $60,000 and entering a period of sideways movement.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 121K new posts about Bitcoin, driven by 49K contributors, and total online engagement reached 82M social interactions. The sentiment score for Bitcoin currently stands at 81%. Compared to all cryptocurrencies, post volume for Bitcoin currently ranks at 41. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Bitcoin.
Powered by LunarCrush
Posts
120,594
Contributors
48,506
Interactions
81,833,051
Sentiment
81%
Volume rank
#41
X
Posts
71,959
Interactions
62,950,338
Sentiment
82%
Bitcoin FAQ
Who created Bitcoin?
Bitcoin was created by an individual or group of people known only as Satoshi Nakamoto. Despite much interest, media speculation, and claims, the exact identity of Satoshi Nakamoto has never been revealed. Nakamoto withdrew from the Bitcoin project in 2010 and shared their last public email in 2011.
How can I use Bitcoin?
Bitcoin can be used to purchase online and offline goods and services. It is accepted by over 15,000 businesses, including Microsoft, Starbucks, Newegg, AT&T, Subway, and Burger King.
Additionally, Bitcoin can be sent directly between users without intermediaries, making it a faster, cheaper, and more secure payment method than traditional options like credit cards or bank transfers.
Beyond Bitcoin’s purpose as a means of exchange, it can also be held long-term for potential returns.
Is Bitcoin accepted as legal tender?
Currently, Bitcoin is accepted as legal tender in two countries: El Salvador and the Central African Republic (CAR). These nations have embraced Bitcoin as an official currency, with El Salvador leading the way in this adoption.
How to buy Bitcoin?
You can buy BTC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include BTC/USDT, BTC/USDC, and BTC/DAI.
Another way you can purchase BTC tokens is via the OKX P2P Trading platform. P2P trading allows users to buy and sell cryptocurrencies directly from other users without needing a middleperson.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into BTC, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
How can I access Bitcoin?
Bitcoin can be purchased through a centralized exchange such as OKX using fiat currency or other cryptocurrencies, or purchased directly from another individual via a decentralized exchange. If you already hold a cryptocurrency such as ETH, SOL, or USDT, you can also trade this for Bitcoin via a decentralized exchange.
Bitcoin can be obtained by mining the asset, which requires specialized knowledge and the necessary hardware and software. Meanwhile, Bitcoin can be purchased through a physical Bitcoin ATM, although they’re not as widely used as exchanges.
Is it safe to trade Bitcoin?
Bitcoin trading does come with some risks, including cybersecurity threats and the potential loss of your funds if the price of Bitcoin falls. It’s important to remember that cryptocurrencies are a volatile asset and prices can fluctuate unexpectedly.
With Bitcoin trading taking place across digital platforms, there’s the risk of fraud, scams, and hacks. However, the leading exchanges put in place measures to protect users from these threats. There’s also plenty you can do to protect yourself as a crypto trader, such as by using two-factor authentication and diligently protecting your wallet’s private keys and seed phrases.
Will the price of Bitcoin always rise?
Put simply, no. Bitcoin is a volatile asset that regularly sees price fluctuations. Although the price of Bitcoin has risen significantly in the past, this is no guarantee of future performance. It’s important to keep in mind that the trading of cryptocurrencies is purely speculative, which is why you should never trade with more than you can afford to lose.
Are Bitcoin and other cryptocurrencies illegal?
The legal status of cryptocurrencies is different across countries. Crypto is illegal in some nations, while others have embraced the technology and put in place regulations to manage the industry and protect users. Before you attempt to trade, it’s wise to first research what the law states regarding the ownership and trading of cryptocurrencies and other digital assets.
What is the Spot Bitcoin ETF?
The Spot Bitcoin ETF is a form of exchange-traded fund offered by major TradFi institutions including BlackRock, Grayscale, and Fidelity. Approved by the U.S. Securities and Exchange Commision on January 10, 2024, the Spot Bitcoin ETF tracks the current price of Bitcoin — referred to as the ‘spot’ — and its value therefore rises and falls in line with real-time Bitcoin price movements. As a result, the Spot Bitcoin ETF provides exposure to Bitcoin as an asset but without requiring you to hold BTC coins yourself.
How much is 1 Bitcoin worth today?
Currently, one Bitcoin is worth $93,613.30. For answers and insight into Bitcoin's price action, you're in the right place. Explore the latest Bitcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Bitcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Bitcoin have been created as well.
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Bitcoin
Consensus Mechanism
Bitcoin is present on the following networks: bitcoin, lightning_network.
The Bitcoin blockchain network uses a consensus mechanism called Proof of Work (PoW) to achieve distributed consensus among its nodes. Here's a detailed breakdown of how it works: Core Concepts 1. Nodes and Miners: Nodes: Nodes are computers running the Bitcoin software that participate in the network by validating transactions and blocks. Miners: Special nodes, called miners, perform the work of creating new blocks by solving complex cryptographic puzzles. 2. Blockchain: The blockchain is a public ledger that records all Bitcoin transactions in a series of blocks. Each block contains a list of transactions, a reference to the previous block (hash), a timestamp, and a nonce (a random number used once). 3. Hash Functions: Bitcoin uses the SHA-256 cryptographic hash function to secure the data in blocks. A hash function takes input data and produces a fixed-size string of characters, which appears random. Consensus Process 1. Transaction Validation: Transactions are broadcast to the network and collected by miners into a block. Each transaction must be validated by nodes to ensure it follows the network's rules, such as correct signatures and sufficient funds. 2. Mining and Block Creation: Nonce and Hash Puzzle: Miners compete to find a nonce that, when combined with the block's data and passed through the SHA-256 hash function, produces a hash that is less than a target value. This target value is adjusted periodically to ensure that blocks are mined approximately every 10 minutes. Proof of Work: The process of finding this nonce is computationally intensive and requires significant energy and resources. Once a miner finds a valid nonce, they broadcast the newly mined block to the network. 3. Block Validation and Addition: Other nodes in the network verify the new block to ensure the hash is correct and that all transactions within the block are valid. If the block is valid, nodes add it to their copy of the blockchain and the process starts again with the next block. 4. Chain Consensus: The longest chain (the chain with the most accumulated proof of work) is considered the valid chain by the network. Nodes always work to extend the longest valid chain. In the case of multiple valid chains (forks), the network will eventually resolve the fork by continuing to mine and extending one chain until it becomes longer. For the calculation of the corresponding indicators, the additional energy consumption and the transactions of the Lightning Network have also been taken into account, as this reflects the categorization of the Digital Token Identifier Foundation for the respective functionally fungible group (“FFG”) relevant for this reporting. If one would exclude these transactions, the respective estimations regarding the “per transaction” count would be substantially higher.
Incentive Mechanisms and Applicable Fees
Bitcoin is present on the following networks: bitcoin, lightning_network.
The Bitcoin blockchain relies on a Proof-of-Work (PoW) consensus mechanism to ensure the security and integrity of transactions. This mechanism involves economic incentives for miners and a fee structure that supports network sustainability: Incentive Mechanisms 1. Block Rewards: Newly Minted Bitcoins: Miners are incentivized by block rewards, which consist of newly created bitcoins awarded to the miner who successfully mines a new block. Initially, the block reward was 50 BTC, but it halves every 210,000 blocks (approx. every four years) in an event known as the "halving." Halving and Scarcity: The halving mechanism ensures that the total supply of Bitcoin is capped at 21 million, creating scarcity and potentially increasing value over time. 2. Transaction Fees: User Fees: Each transaction includes a fee paid by the user to incentivize miners to include their transaction in a block. These fees are crucial, especially as the block reward diminishes over time due to halving. Fee Market: Transaction fees are determined by the market, where users compete to have their transactions processed quickly. Higher fees typically result in faster inclusion in a block, especially during periods of high network congestion. For the calculation of the corresponding indicators, the additional energy consumption and the transactions of the Lightning Network have also been taken into account, as this reflects the categorization of the Digital Token Identifier Foundation for the respective functionally fungible group (“FFG”) relevant for this reporting. If one would exclude these transactions, the respective estimations regarding the “per transaction” count would be substantially higher.
Beginning of the period to which the disclosure relates
2024-04-20
End of the period to which the disclosure relates
2025-04-20
Energy report
Energy consumption
179860128130.28000 (kWh/a)
Renewable energy consumption
15.116111393 (%)
Energy intensity
12.15370 (kWh)
Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined. The intensity is calculated as the marginal energy cost wrt. one more transaction.
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components:
For the calculation of energy consumptions, the so called “top-down” approach is being used, within which an economic calculation of the miners is assumed. Miners are persons or devices that actively participate in the proof-of-work consensus mechanism. The miners are considered to be the central factor for the energy consumption of the network. Hardware is pre-selected based on the consensus mechanism's hash algorithm: SHA-256. A current profitability threshold is determined on the basis of the revenue and cost structure for mining operations. Only Hardware above the profitability threshold is considered for the network. The energy consumption of the network can be determined by taking into account the distribution for the hardware, the efficiency levels for operating the hardware and on-chain information regarding the miners' revenue opportunities. If significant use of merge mining is known, this is taken into account. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
To determine the energy consumption of a token, the energy consumption of the network(s) lightning_network is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Emissions report
Scope 1 DLT GHG emissions – Controlled
0.00000 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased
74101664.38015 (tCO2e/a)
GHG intensity
5.00728 (kgCO2e)
Key GHG sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined. The intensity is calculated as the marginal emission wrt. one more transaction.
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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