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The Bitmain Crypto Index (BCI) includes real-time spot price reading. The spot index covers the 17 largest cryptocurrencies by market cap.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In a methodology overview, Bitmain said the product was "to provide institutional and retail investors with a transparent, timely, methodology-based, and investable benchmark of the most active cryptocurrencies globally," explaining: "data-reactid =" 20 "> In a methodology overview, Bitmain said the product was "to provide institutional and retail investors with a transparent, timely, methodology-based, and investable benchmark of the most active cryptocurrencies traded globally," explaining:
Bitmaintech Pte. Ltd. and is administered by the Bitmain Index Operating Committee ('BIOC') which will conduct a regular review and engagement with external stakeholders for feedbacks to keep the Index methodology as updated and representative as possible. "
BCI forms the latest branching out for Bitmain as the company undergoes a significant period in its history.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As the largest Bitcoin mining participant, controversy around both the company and co-founder Jihan Wu has Increased in recent weeks two in part to the role of both in the Bitcoin Cash (BCH) contentious hard fork. "data-reactid =" 24 "> As the largest Bitcoin mining participant, controversy around both the company and co-founder Jihan Wu has increased in recent weeks two in part to the role of both in the Bitcoin Cash (BCH) contentious hard fork.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Bitmain also reportedly intends to hold an IPO in Hong Kong"data-reactid =" 25 "> Bitmain also reportedly intends to hold an IPO in Hong Kong, but doubts remain as if an event is likely to occur.
Regarding hard forks, the BCI will treat fresh forks of cryptocurrencies. The overview states:
"For the purpose of indexation and dissemination"
Other requirements include the coin trading at least 2 constituent exchanges with at least 200 daily trades in the new token USD or equivalent pairs on all constituent exchanges. "
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Earlier this month, a subsidiary of VanEck Launched the first cryptocurrency index based on over-the-counter (OTC) rates. "data-reactid =" 30 "> Earlier this month, a subsidiary of VanEck launched the first cryptocurrency index based on over-the-counter (OTC) rates.
