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Koinos Mining Progress [20.12.2020]

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@bluerobo
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Snapshot data has been taken from etherscan.io.

55% of the total supply has been mined so far:

Koin mined per Week. Amount Koin mined grew by 12%:

Number addresses holding Koin decreased by 1% over the course of one week:

Koin price history on Uniswap:

Top 50 wallets holding Koin:

Notes:

  • The address currently ranked 7th, ...3e9b0..., is a Uniswap exchange account to facilitate an ETH/KOIN trading pair.

  • The address currently ranked 30th, ...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
22.11.20201226232.96173641.1120485.853792.29618.93
29.11.20201171201.88170436.4624613.173411.46592.85
06.12.20201731554.6244918.4625556.673358.94563.63
13.12.20201713902.69245785.6626677.473306.84550.91
20.12.20201801457.28261049.0628741.263273.7508.26

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

@aussieninja is talking to @andrarchy for a second time. The topic is how to get ready to launch your own project on Koinos. Andrew is talking about the timeline of feature releases, Go programming language and .wasm smart contracts.

Source: YouTube

A new Koinos podcast is out. Building a Multi-Language Blockchain: YouTube, Post

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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