Bean Cash (BITB) is a digital currency that aims to provide scalability, speed, and fast transactions. Originally launched as Bitbean on February 13, 2015, the project underwent a rebranding to Bean Cash in 2017 due to trademark issues. The project positions itself as an energy-efficient protocol, claiming to not require significant electricity for operation, a direct contrast to traditional Proof-of-Work (PoW) systems.
A core objective of Bean Cash is to build upon the original Bitcoin protocol while introducing innovations. It claims to be the first cryptocurrency to implement a 20-megabyte block size, intended to enhance transaction capacity. The network utilizes a unique consensus mechanism called 'Proof of Bean' (PoB), described as a static block reward system that is more powerful and efficient than PoW, and also referred to as 'version 3.0 of Proof of Stake'.
Participation in the Bean Cash network involves a process known as 'sprouting'. Users who hold the native BITB token and engage with the network are considered 'sprouters'. They contribute computing resources to verify and upload transactions, making them immutable on the blockchain, and are incentivized with rewards for each new block created by their node. Additionally, the project is exploring 'Proof of Resource' (PoR), a mechanism where nodes provide computational power for cloud computing services in exchange for further rewards. The BITB token functions as a utility token, intended for daily transactions and as a reward for network participants.
The current market data for Bean Cash (BITB) presents a highly unusual and concerning picture for potential traders and investors. With a reported price of $0.00 and a market capitalization of $0.00, the asset effectively holds no market value on tracked exchanges. This indicates a severe lack of investor interest and market activity.
The 24-hour trading volume of $5.886 is exceptionally low, suggesting minimal liquidity and very few transactions occurring. Such low volume makes it extremely difficult to buy or sell any significant amount of BITB without causing substantial price slippage, even from its current $0.00 valuation. This environment is highly susceptible to manipulation, where even small trades could disproportionately impact the reported price.
Furthermore, the reported circulating supply of 0 BITB is a critical data point. If no tokens are actively circulating or available for public trade, it raises fundamental questions about the asset's distribution, accessibility, and the viability of its stated utility as a daily means of exchange. The contrast between the current $0.00 price and an all-time high of $183.47 highlights a near-complete depreciation, suggesting the asset has lost virtually all its peak value. Investors should approach BITB with extreme caution, as these metrics strongly indicate a dormant or potentially defunct market.
Understanding the liquidity structure of a crypto asset is crucial for assessing its market stability and ease of trading. It refers to how an asset's total supply is distributed across various channels, such as exchange order books, staking pools, developer reserves, and community holdings. For Bean Cash (BITB), specific, verifiable data regarding its liquidity structure is not publicly confirmed.
Given the reported 0 circulating supply and minimal trading volume, it is challenging to ascertain how any existing BITB tokens are held or could become available for trade. Typically, a healthy liquidity structure involves a significant portion of tokens actively available on exchanges, alongside transparent allocations for development, ecosystem growth, and community incentives. The absence of such clarity for BITB necessitates a cautious approach, as it implies potential difficulties in market participation and price discovery.
Specific historical price data for Bean Cash (BITB) beyond its all-time high is not publicly confirmed or readily available across major data providers. The current reported price of $0.00, coupled with a 0.00% change over the last 24 hours, indicates a complete lack of recent price movement or trading activity. This static valuation is a significant red flag for market participants.
The reported all-time high of $183.47 stands in stark contrast to the current $0.00 price, signifying a near-total loss of market value since its peak. This dramatic depreciation suggests that early investors may have experienced substantial losses, and current market interest is virtually non-existent. For assets with such characteristics, historical charts, if available, would likely show a sharp decline followed by prolonged dormancy at minimal or zero value. Investors should interpret this lack of historical data and current zero valuation as a strong indicator of extreme risk and potential illiquidity.
Historical price data for Bean Cash (BITB) is not readily available or publicly confirmed across major data providers, especially for recent periods. The reported all-time high of $183.47 stands in stark contrast to the current $0.00 valuation, indicating a near-complete loss of market value since its peak. Investors should exercise extreme caution and verify all historical data points from reliable sources before making any investment decisions.Bean Cash (BITB) distinguishes itself with several technical claims and features designed to enhance its utility as a digital currency. The project asserts to be the first cryptocurrency to implement a 20-megabyte block size, a significant increase compared to Bitcoin's original 1MB limit, aimed at improving transaction throughput and network scalability. This larger block size is intended to facilitate faster and more frequent transactions, supporting its goal of becoming a daily means of exchange.
At the core of its consensus mechanism is 'Proof of Bean' (PoB), which the project describes as a static block reward system. Unlike Proof-of-Work (PoW) which relies on competitive mining and high energy consumption, PoB is claimed to be more energy-efficient and powerful. It's also referred to as 'version 3.0 of Proof of Stake', suggesting an evolution of traditional PoS models. Under PoB, users who hold BITB and participate in the network through 'sprouting' are incentivized. Sprouting involves providing computing resources to verify and upload transactions, making them immutable on the blockchain, and in return, participants receive rewards for each new block their node creates.
Further innovation is proposed through 'Proof of Resource' (PoR), a consensus mechanism where nodes contribute computational power to create cloud computing services. In exchange for these resources, participating nodes are expected to receive additional rewards. This dual approach to consensus and resource utilization aims to create a robust and versatile network. The overarching vision for Bean Cash is to serve as an enduring digital currency with a stable store of value, enabling affordable and fast transactions globally, while building upon the foundational principles of the original Bitcoin protocol.
Bean Cash (BITB) is a digital currency that emerged from a rebranding of Bitbean in 2017, initially launched in 2015. The project's core mission revolves around creating a scalable, fast, and energy-efficient cryptocurrency suitable for daily transactions and as a store of value. It aims to achieve this through innovative technical features, including a claimed 20-megabyte block size and unique consensus mechanisms.
The network operates on 'Proof of Bean' (PoB), described as a static block reward system and an advanced form of Proof of Stake (v3.0 PoS), which is intended to be more energy-efficient than traditional Proof-of-Work. Network participants, known as 'sprouters', hold BITB tokens and contribute computing resources to verify transactions, earning rewards in the process. Additionally, the project is developing 'Proof of Resource' (PoR) to incentivize nodes for providing cloud computing power. BITB functions as a utility token within this ecosystem, facilitating transactions and rewarding network contributors. Despite its ambitious technical claims, the asset currently faces significant market challenges, reflected in its minimal valuation and trading activity.
Specific network addresses, such as contract addresses for tokens on other blockchains or official blockchain explorer links for the native Bean Cash network, are not publicly confirmed. For any cryptocurrency, these addresses are fundamental for transparency and verification.
A blockchain explorer allows users to independently verify transactions, monitor network activity, track token movements, and confirm supply metrics. Without access to such tools, it becomes challenging to ascertain the legitimacy of transactions, the actual distribution of BITB tokens, or the health of the underlying blockchain. Investors are strongly advised to seek out and verify official blockchain explorers and any relevant contract addresses directly from the project's official sources to conduct thorough due diligence.
The market behavior of Bean Cash (BITB) is characterized by extreme illiquidity and a near-complete absence of active trading. A reported price of $0.00, coupled with a $0.00 market capitalization, indicates that the asset currently holds no discernible value in the public market. This suggests that demand for BITB is virtually non-existent, and the asset may be considered dormant or defunct by market participants.
The 24-hour trading volume of $5.886 is exceptionally low, signifying that very few transactions are taking place. In such an illiquid environment, even minor buy or sell orders could lead to significant price dislocations, although with a $0.00 price, further downward movement is impossible. The reported 0 circulating supply further compounds these issues, as it implies that there are no tokens actively available for trade, or that the supply is entirely locked or unreleased. This creates a market where price discovery is impossible, and any attempts to trade would likely be met with extreme difficulty and high slippage.
The stark contrast between the current market state and an all-time high of $183.47 suggests a historical period of interest that has since evaporated. This pattern is often observed in projects that have failed to gain traction, faced technical challenges, or been abandoned. For investors, this market behavior signals a very high-risk scenario with virtually no liquidity or potential for recovery in its current state.
Bean Cash (BITB) is a digital currency that originated as Bitbean in 2015 and rebranded in 2017. It aims to offer a scalable, fast, and energy-efficient blockchain, claiming innovations like a 20MB block size and unique consensus mechanisms such as Proof of Bean (PoB) and Proof of Resource (PoR). It intends to serve as a daily means of exchange and a store of value.
Proof of Bean (PoB) is Bean Cash's primary consensus mechanism, described as a static block reward system and 'version 3.0 of Proof of Stake'. It is designed to be more energy-efficient than Proof-of-Work. Users holding BITB tokens can participate in 'sprouting' to verify transactions and secure the network, earning rewards in return.
Sprouting is the process by which users holding BITB tokens participate in the Bean Cash network. By providing computing resources, these 'sprouters' verify and upload transactions, contributing to the immutability of the blockchain. In return for their participation and securing the network, sprouters are incentivized with rewards for each new block created by their node.
The reported $0.00 price for Bean Cash (BITB) indicates an extremely low or non-existent market valuation. This is further supported by a $0.00 market capitalization, minimal 24-hour trading volume ($5.886), and a reported 0 circulating supply. These metrics collectively suggest a severe lack of market interest, liquidity, and potentially, active development or public availability of the asset.
Bean Cash claims to be an energy-efficient protocol by utilizing its Proof of Bean (PoB) consensus mechanism, which is described as more efficient than Proof-of-Work (PoW) systems that consume significant electricity. Additionally, its Proof of Resource (PoR) mechanism, where nodes contribute computing power for cloud services, also aims to optimize resource utilization.
The tokenomics of Bean Cash (BITB) are structured around a fixed maximum supply of 21 million BITB, mirroring the scarcity model of Bitcoin. This hard cap is intended to create a deflationary pressure over time, assuming demand exists. The network's primary incentive mechanism is 'Proof of Bean' (PoB), a static block reward system that distributes new BITB to network participants ('sprouters') who verify transactions and secure the blockchain. Additionally, 'Proof of Resource' (PoR) is designed to provide further rewards for nodes contributing computational power for cloud computing.
However, a critical and highly unusual aspect of BITB's tokenomics is the reported 0 circulating supply. If truly zero tokens are in public circulation, it raises significant questions about how the stated reward mechanisms function in practice, how tokens are distributed, and the overall accessibility of the asset. This figure suggests that either no tokens have ever been released into the market, or any previously circulating tokens have been withdrawn or become untradable. This lack of circulating supply fundamentally undermines the asset's utility as a 'daily means of exchange' and its ability to establish a market value, despite the theoretical maximum supply and reward structures.
When considering comparable assets to Bean Cash (BITB), the most direct comparison provided is based on market capitalization. Assets listed as having a similar market cap to Bean Cash include Luxurious Pro Network Token, Socaverse, and SEED NFT Marketplace. Given that Bean Cash's market cap is reported as $0.00, this implies that these comparable assets also possess extremely low or non-existent market valuations and likely share similar characteristics of minimal liquidity and trading activity.
For a more meaningful comparison beyond just market cap, investors might look for assets that share similar technical ambitions or historical contexts. This could include other older Bitcoin forks that aimed to improve scalability, projects utilizing novel Proof-of-Stake or custom consensus mechanisms, or digital currencies that have also rebranded or faced significant challenges in establishing market presence. However, due diligence is paramount, as the current market state of BITB suggests that any 'comparable' asset based on its current metrics would likely also represent a high-risk investment.
The data provided for Bean Cash (BITB) includes its current price ($0.00), 24-hour change (0.00%), market capitalization ($0.00), 24-hour trading volume ($5.886), all-time high ($183.47), circulating supply (0 BITB), and maximum supply (21,000,000 BITB). Additionally, a descriptive overview of the project's purpose, history, and technical claims (e.g., Proof of Bean, Proof of Resource, 20MB block size) was available.
However, several critical pieces of information are missing. These include specific dates for the price data, detailed historical price charts, active development updates, information about the core team, a comprehensive whitepaper or roadmap, specific exchange listings, official blockchain explorer links, and current community engagement metrics. Most importantly, the reported 0 circulating supply, in conjunction with claims of network participation rewards, presents a significant data anomaly that requires further clarification.
The absence of this comprehensive and verifiable data severely limits confidence in the asset's current operational status, market viability, and future prospects. The $0.00 price, $0.00 market cap, and 0 circulating supply are particularly concerning, suggesting the asset may be dormant or defunct. Investors should exercise extreme caution.
To verify this information, it is crucial to seek out and confirm details from the project's official website (if active), community forums, and a functional blockchain explorer. Independent analyses and up-to-date exchange listings should also be consulted to ascertain any ongoing development, actual token distribution, and current market liquidity.
Due to the current reported price of $0.00 for Bean Cash (BITB), any calculation based on this value will result in zero. This calculator is provided for illustrative purposes, but it underscores the asset's current lack of market valuation.
Enter Quantity:
Estimated Value: $0.00
Bean Cash (BITB), formerly known as Bitbean, is a digital currency launched in 2015 with a focus on scalability, speed, and energy efficiency. It claims to utilize innovative consensus mechanisms like Proof of Bean (PoB) and Proof of Resource (PoR), alongside a 20-megabyte block size, to build upon the Bitcoin protocol. However, current market data paints a stark picture: BITB is reported at a $0.00 price with a $0.00 market capitalization, an exceptionally low 24-hour trading volume of $5.886, and a circulating supply of 0. This indicates an asset with virtually no market interest, liquidity, or active trading. The significant depreciation from its all-time high of $183.47, coupled with a lack of publicly confirmed development and transparency, positions Bean Cash as a high-risk asset with strong indicators of market dormancy or project abandonment.
Assets considered similar to Bean Cash (BITB) based on market capitalization include Luxurious Pro Network Token, Socaverse, and SEED NFT Marketplace. Given BITB's $0.00 market cap, this implies these listed comparables also reside in the lowest tier of market valuation, likely sharing characteristics of extremely low liquidity and minimal trading activity. Investors should be aware that market capitalization alone, especially at such low levels, is often an insufficient basis for meaningful comparison.
For a more comprehensive understanding, one might also consider other older digital currencies or Bitcoin forks that aimed to address scalability or energy efficiency challenges. Projects that have undergone rebranding, utilize custom Proof-of-Stake variants, or have faced significant market challenges could also offer relevant insights. However, due diligence is critical, as the current state of Bean Cash suggests that any truly 'related' asset based on its market performance would likely also carry substantial risks.