Koinos Mining Progress

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Calendar week 8: 22.2. - 28.02.2021

90% of the total supply has been mined so far:

210228_koin_to_date.png

Koin mined per week:

210228_koin_per_week.png

Number addresses holding Koin:

210228_koin_wallets_bar.png

Koin price history on Uniswap:

210228_koin_eth_price.png

Whale Domination

Whale Domination describes the share of tokens whales hold. For this purpose, an account holding more than 1% of total supply, is a whale. Accounts holding between 0.1% to 1% are considered investors and every account below 0.1% is viewed as retail.

A few tokens as reference:

TokenDomination [%]
DASH4
ETH14
HIVE40
DOGE45
BTC63
VET74

Koinos has a Whale Domination quotient of 43%. 25 out of 1014 (2%) accounts are KOIN whales.

Whale Domination over time:

210228_koin_dominance.png

Gini Coefficient

As a 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 maximum inequality.

210228_koin_gini.png

The current data set yields a coefficient of 0.82, signifying a very top heavy distribution. Unchanged from the previous week.

210228_koin_gini_line.png

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.

210228_koin_hhi_line.png

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
27.12.20202340457.04333490.5230793.613266.36500.0
03.01.20212448492.31350744.3133791.933262.02500.0
10.01.20213285920.86459000.5238089.823264.19486.48
17.01.20213375044.17471436.0738925.433617.59501.42
24.01.20213046881.48430244.1538225.673635.18550.54
31.01.20213465995.15483112.1442059.714239.00596.02
07.02.20213548575.28494409.1343333.814242.46595.82
14.02.20213548575.28495123.8242017.044154.50576.13
21.02.20213548575.28495742.2143823.014667.55609.39
28.02.20213548575.28495739.9544982.54955.37644.85

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.

NEWS

@aussieninja is at it again: another interview with Andrew Lewine, CEO of Koinos Group. The big question this time is, how does Koinos compares to other chains, like Cardano or Polkadot.

Polkadot v. Cardano v. Koinos

@vandeberg, co-founder of Koinos Group, on NFTs:

NFTs: The Inconvenient Truth

Links

Koinos Website: https://www.koinos.io

Koinos YouTube channel

Official Koinos miner: Github

Koinos Whitepaper

KOIN Mining FAQ

ERC-20 Token Mining Contract: Github

Mining pool and mining calculator: koinos.club

Data source: etherscan.io.


Vote for my witness: @blue-witness

Posted Using LeoFinance Beta



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3 comments
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90% ?!? Wow, things are about to get super serious in this space! I imagine that last 10% is going to be pretty slow... (I assume the difficulty will ramp up, but I don't actually know that for sure).

This is all pretty exciting for KOIN holders though! Thanks for this report, it's super interesting!

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I like seeing the number of addresses holding Koin going up - despite sky high Gas fees.

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Yeah, I actually backed out of a couple of KOIN purchasing transactions earlier last week because of the intense gas fees... but managed to score some cheap transactions yesterday... just in the time for the price to start climbing.

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