Bismuth Team Progress Report – November 2021

in #mining3 years ago

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This Bismuth Progress Report covers October 17, 2021 to November 15, 2021.

Current Bismuth supply

Bismuth Supply Graph:

2021.11.supply.png

Hypernodes

Current Hypernodes ROI is 18.9%, down from 19.2% in October. We count 236 active Hypernodes with a total amount of active collateral of 6,670,000 BIS. That’s an increase of 4 active nodes since the last report.

2021.11.hypernodes.png

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 308, down by 1 node since the last report..

2021.11.all_.hypernodes.png

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 8,410,000 during this period. The total amount of BIS in circulation is 29,88 million. Hence, the amount of active collateral accounts for 22.3% of the total supply, or 28.1% if the amount of inactive collateral is included.

2021.11.collateral.png

Wrapped Bismuth Supply

Detailed graph of the current wrapped supply:

2021.11.wbis_.png

Worldwide Nodes Distribution

A visual representation of worldwide Bismuth nodes distribution.

2021.11.nodes_.png

Ecosystem

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Mining rig with 6 Nvidia GTX GPU cards.

An open source GPU CUDA miner was finally released, see https://github.com/Bismuthfoundation/kbkminer This miner was originally written in 2017 for Ubuntu 16.04. During the last 6 weeks this miner was updated, the source code cleaned up, released to the public domain and made to work on Ubuntu 20.04 (server edition) with updated Nvidia CUDA drivers. Having an open source GPU miner is important for decentralization and redundancy of the Bismuth project. The new kbkminer makes use of https://github.com/bismuthfoundation/Optipoolware which means that anyone can now easily start a new pool and offer this service for the Bismuth project, or just solo mine privately.

Bismuth links

Official Website: Bismuthplatform.com
Additional Sites: Bismuth.finance – Bismuth.live – Bismuth.world
PoW Explorers: bismuth.online – bismuth.im – bismuth.live
PoS Explorer: bismuth.live
BIS Token Explorer: bismuth.today