- First Mineable ERC20 Token
0xBitcoin is the first mineable ERC20 token on Ethereum. Using an SHA3 mining algorithm and on-chain Proof of Work. 0xBitcoin essentially mimics the fundamental properties of Bitcoin (BTC). 0xBTC has a 21 million hard cap and regular, automatic difficulty adjustments. 0xBitcoin had no premine or ICO, and is entirely community run and managed. The token's smart contract is immutable, so no alterations to the distribution code can be made.