Price history
Market cap
2,08 Mrd €
Volume traded (24h)
0,064 Mrd €
Circulating supply
9.437.805 TAO
All-time high (ATH)
600,00 €
Distance from ATH
-63,3%
Market cap rank
#33
What is Bittensor
Bittensor is a decentralised network that creates an open market for artificial intelligence: developers and researchers can contribute machine learning models organised into specialised "subnets" (for example, for training language models), earning TAO rewards based on the value generated.
Unlike most "AI + crypto" projects, Bittensor deliberately adopted a fixed maximum supply of 21 million tokens — the same limit as Bitcoin — and is considered the sector's flagship project, although it remains heavily dependent on network subsidies rather than organic revenue.
Frequently asked questions
Is Bittensor regulated in the UK?
As with most cryptocurrencies, Bittensor is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
What are Bittensor's "subnets"?
These are specialised networks within Bittensor, each dedicated to a specific AI task; participants are rewarded in TAO based on the quality of their contribution.
How is Bittensor taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance.