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$7.39
-5.42%
Fractal Bitcoin Reaches 226 EH/s, but FB Token Drops 61.9% in Six Days
By
Ultramining_Eng
about 5 hours ago
TOKEN
TOKEN
FB
BTC
DROPS
The Fractal Bitcoin network continues to capture 226.19 EH/s of merged mining power from Bitcoin. However, the price of their FB token dropped by 61.9% in just six days, reaching $12.91 after peaking at $38.80.
A total of 40,354 blocks have been mined, with 2,068,925 FB tokens in circulation. The market capitalization is $26.8 million, placing FB at 674th among over 10,000 cryptocurrencies.
High token concentration raises concerns: the top 5 wallets hold 32.3% of the total supply. Despite this, miners continue to earn an additional $495 per block by mining FB alongside Bitcoin.
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