January 2023 - Progress Report

January 2023 - Progress Report

January 14, 2023 · Bismuth Foundation
Bismuth Foundation

This Bismuth Progress Report covers December 14th, 2022 to January 14th, 2023.

Current Supply

January 2023

Bismuth Supply

  • Total Bismuth: 33,969,909
  • Circulating Bismuth: 28,755,679
  • Block Height: 3,092,276

Breakdown:

  • Cryptopia (locked): 5,214,229
  • Hypernode active: 5,940,000
  • Hypernode inactive: 3,760,000

Native Bismuth & Wrapped BIS

  • Native Bismuth: 32,620,912
  • wBIS (ERC-20): 398,532
  • wBIS (BEP-20): 950,465

Bismuth Supply January 2023

Bismuth Mainnet

The Bismuth Mainnet is Proof-of-Work based. A custom sha-224 algorithm is being utilized and optimized for GPU mining. Block time generation is 1-minute.

The Graph below shows the current BIS difficulty.

Bismuth Mainnet Mining

The biggest Bismuth mining pools are Eggpool and Coinsaurus. An opensource solo mining software is also available which is called KBKminer.

Bismuth Hashrate

The graph below shows the current Mainnet hashrate.

Bismuth Mainnet Hashrate

Hypernodes

The Bismuth Hypernode Side-Chain is Proof-of-Stake based. Current Hypernodes ROI is 21.2 %, down from 24.4 % in December. We count 202 active Hypernodes with a total amount of active collateral of 5,940,000 BIS. That’s an increase of 23 active nodes since the last report.

Data from the Hypernodes page.

The plot below shows all Hypernodes, both active and inactive, during the last 60 days. As can be seen from the plot, the number of Hypernodes is currently at 346, up by 10 nodes since the last report.

Total number of Hypernodes, both active and inactive.

The plot below shows the total Hypernode collateral, both active and inactive, during the last 60 days. As can be seen, the total amount of collateral is 9,700,000 during this period. The total amount of BIS in circulation is 33,97 million. Hence, the amount of active collateral accounts for 17.5 % of the total supply, or 28.6 % if the amount of inactive collateral is included.

Total amount of HN collateral, both active and inactive.

Wrapped Supply

An overview of the Wrapped BIS supply on the Ethereum blockchain (ERC20) and a summary of Wrapped BIS supply on the Binance Smartchain.

Bismuth Market Data & Exchanges

References