Bismuth Team Progress Report – July 2023

This Bismuth progress report covers June 14th, 2023 to July 14th, 2023.

Current supply

Bismuth Supply Graph:

Supply: 35,550,662 Bismuth

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 Screenshot below shows the current BIS difficulty.

Bismuth Difficulty 102.9849759645

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 621.257

Hypernodes

The Bismuth Hypernode Side-Chain is Proof-of-Stake based.
We count 127 active Hypernodes with a total amount of active collateral of 3,750,000 BIS. That’s a decrease of 47 active nodes since the last report.

The plot below shows all Hypernodes, both active and inactive. As can be seen from the plot, the number of Hypernodes is currently at 343, up by 1 node since the last report.

Total number of Hypernodes, both active and inactive.

The plot below shows the total Hypernode collateral, both active and inactive. As can be seen, the total amount of collateral is 9.630.000. The total amount of BIS in circulation is 35,55 million. Hence, the amount of active collateral accounts for 10.5 % of the total supply, or 27.1 % if the amount of inactive collateral is included.

Total amount of HN collateral, both active and inactive.

Wrapped Supply

Detailed graph of the current wrapped supply:

Wrapped BIS Supply

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

Hypernode Fallback Website

The Bismuth team has added a Hypernode fallback website.
The website Bismuth World provides comprehensive information about Bismuth staking and the Hypernode Network. It includes a list of Bismuth Hypernodes, statistics about Hypernode staking, and details about Hypernode collateral. The BIS staking requirements are listed, which include having an active Mainnet Node and an active Hypernode, along with a collateral of 10k BIS, 20k BIS, or 30k BIS.

Bismuth Hypernodes

The site also provides a link to the guide for Node installation and information about the total Bismuth supply. It gives a detailed breakdown of the Staking ROI, projected rewards, and BIS collateral for different levels of staking. The site also provides information about the number of active and inactive Hypernodes.

In addition, the website provides links to various Bismuth wallets like the Tornado Bismuth Wallet, TK Wallet, myBismuth Mobile Wallet, and the Bismuth Paper Wallet.

Bismuth Market Data & Exchanges

Bismuth CoinMarketCap Information: https://coinmarketcap.com/currencies/bismuth/
Bismuth Coingecko information: https://www.coingecko.com/en/coins/bismuth
Uniswap Exchange (DEX): Wrapped BIS/ ETH Pair
Pancakeswap Exchange (DEX): Wrapped BIS/ BSC Pair
ViteX (DEX): BIS/ BTC Pair
Graviex: BIS/ BTC Pair

Bismuth links

Official Website: Bismuthplatform.com
Additional Sites: Bismuth.financeBismuth.liveBismuth.world
PoW Explorers: bismuth.onlinebismuth.imbismuth.live
PoS Explorer: bismuth.live
BIS Token Explorer: bismuth.today