Koinos Mining Progress [06.12.2020]
The Koinos team started a podcast. In episode 1 @andrarchy is talking to @vandeberg about Graphene and smart contracts. Check it out on YouTube
Snapshot data has been taken from etherscan.io.
Date | No. Addr. | Koin Mined per Week | Total Koin Mined |
---|---|---|---|
18.10.2020 | 425 | 3'911'956 | 3'911'956 |
25.10.2020 | 502 | 4'745'598 | 8'357'554 |
01.11.2020 | 530 | 5'879'730 | 14'237'284 |
08.11.2020 | 567 | 6'810'864 | 21'048'148 |
15.11.2020 | 823 | 6'071'997 | 27'120'145 |
22.11.2020 | 908 | 5'434'706 | 32'554'851 |
29.11.2020 | 880 | 6'596'300 | 39'151'151 |
06.12.2020 | 870 | 5'906'777 | 45'057'927 |
Number addresses holding Koin decreased by 1% over the course of one week. Amount Koin mined grew by 15%.
45% of the total supply has been mined so far:
Koin price history:
Source: Uniswap.org
Notes:
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The address currently ranked 3rd, ...3e9b0..., is a Uniswap exchange account to facilitate an ETH/KOIN trading pair.
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The address currently ranked 19th, ...c2146..., is a Uniswap exchange account to facilitate an USDT/KOIN trading pair.
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Many mining enthusiasts are running more than one miner and might not consolidate all their mined tokens to a single address.
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Addresses truncated for readability.
Statistical Properties
Date | Max | Mean | 75% | 50% | 25% |
---|---|---|---|---|---|
18.10.2020 | 629361.01 | 86169.76 | 3789.62 | 1227.76 | 328.21 |
25.10.2020 | 685370.77 | 96329.41 | 6739.93 | 1744.09 | 402.09 |
01.11.2020 | 1000001.00 | 140954.10 | 12289.93 | 2065.30 | 513.07 |
08.11.2020 | 1000001.0 | 145864.95 | 21161.01 | 2546.69 | 533.36 |
15.11.2020 | 1000001.0 | 143624.49 | 19927.97 | 3266.36 | 668.16 |
22.11.2020 | 1226233 | 173641.11 | 20485.85 | 3792.29 | 618.93 |
29.11.2020 | 1171201.88 | 170436.46 | 24613.17 | 3411.46 | 592.85 |
06.12.2020 | 1731554.6 | 244918.46 | 25556.67 | 3358.94 | 563.63 |
75% = 3rd quartile, 50% = median, 25% = 1st quartile.
The extremely large difference between mean and median balance shows a strong concentration of assets in the top quartile. Accounts below the 2nd quartile show a decreasing balance.
Gini Coefficient
As a better measure of distribution, and subsequent changes over time, we can take a look at the Gini coefficient. It is intended as a tool to measure wealth inequality within nations or other groupings. A coefficient of 0 equals a perfect equitable distribution, a value of 1 signifies maximal inequality.
The current data set yields a coefficient of 0.81, signifying a very top heavy distribution. Unchanged from the previous week.
Herfindahl-Hirshman Index
The Herfindahl–Hirschman Index (HHI) is a measure of industry concentration or competitiveness. Increases in the Herfindahl index generally indicate a decrease in competition. The scale ranges from 0 (highly competitive) to 1 (monopoly). In practice a value over 0,25 already signifies high concentration.
The current data set yields a value of 0,01. Stable compared to last week.
Links
Koinos Website: openorchard.io
Official Koinos miner: Github
Koinos Whitepaper
KOIN Mining FAQ
ERC-20 Token Mining Contract: Github
@ aussieninja interviewing Koinos CEO @ andarchy: YouTube
Mining pool and mining calculator on koinos.club by @ jga and @ pstaiano - introductory post.
Vote for my witness: @blue-witness
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