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TUTORIALS / 19 Apr 2021

BTCBAM

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BTCBAM QUICK STATS:

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CREATION DATE:12/08/2019
DEVELOPMENT STAGE:Partly released
CURRENT SUPPLY:10.000.000
TOTAL SUPPLY:21.000.000
ALGORITHM:SHA-256
PROOF TYPE:1st step POW 2nd step POS
TARGET SPACING:10 minutes

What is BTCBAM?

With the goal of becoming the first coin that is used as collateral to provide investment capital to investors and entrepreneurs through Spektral Bank Investment Bank, BTCBAM’s vision is to create a platform that allows anyone to earn through mining. 

BTCBAM is a Vienna-based cryptocurrency mining company that managed to secure a partnership with a bank that acquired 25% shares of BTCBAM. According to the company’s Whitepaper, a total of 21 million coins will be produced and distributed among its users. 

Based on SHA-256 algorithm, BTCBAM provides a staking opportunity for its holders, promising a reward for keeping the coin in the wallets for a certain period of time. 

CoinPayments is now fully integrated with BTCBAM and merchants may now begin accepting payments in BTCBAM for their online shop.

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