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Koinos Mining Progress [13.12.2020]

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Snapshot data has been taken from etherscan.io.

DateNo. Addr.Koin Mined per WeekTotal Koin Mined
18.10.20204253'911'9563'911'956
25.10.20205024'745'5988'357'554
01.11.20205305'879'73014'237'284
08.11.20205676'810'86421'048'148
15.11.20208236'071'99727'120'145
22.11.20209085'434'70632'554'851
29.11.20208806'596'30039'151'151
06.12.20208705'906'77745'057'927
13.12.20208643'995'86449'053'792

Number addresses holding Koin decreased by 1% over the course of one week. Amount Koin mined grew by 9%.
This is the lowest nominal amount mined since the starting week.

39% of the total supply has been mined so far:

Koin price history on Uniswap:

Source: Uniswap.org

Top 50 wallets holding Koin:

Notes:

  • The address currently ranked 5th, ...3e9b0..., is a Uniswap exchange account to facilitate an ETH/KOIN trading pair.

  • The address currently ranked 24th, ...c2146..., is a Uniswap exchange account to facilitate an USDT/KOIN trading pair.

  • Many mining enthusiasts are running more than one miner and might not consolidate all their mined tokens to a single address.

  • Addresses truncated for readability.

Statistical Properties

DateMaxMean75%50%25%
18.10.2020629361.0186169.763789.621227.76328.21
25.10.2020685370.7796329.416739.931744.09402.09
01.11.20201000001.00140954.1012289.932065.30513.07
08.11.20201000001.0145864.9521161.012546.69533.36
15.11.20201000001.0143624.4919927.973266.36668.16
22.11.20201226233173641.1120485.853792.29618.93
29.11.20201171201.88170436.4624613.173411.46592.85
06.12.20201731554.6244918.4625556.673358.94563.63
13.12.20201713902.69245785.6626677.473306.84550.91

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 3rd 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 0.82, 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.

Podcast

A new Koinos podcast is out: What are Microservices and Microservice Architectures?

https://www.youtube.com/watch?v=wgomlnU9RZg

Post by Andrew: Koinos Microservices & Microservice Architectures]

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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