Progress Report Bismuth Blockchain — February 2024

BismuthPlatform
3 min readFeb 15, 2024

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February 2024 Progress Report — Bismuth Python Blockchain
February 2024 Progress Report — Bismuth Python Blockchain

This Bismuth progress report covers January 15th, 2024 to February 15th, 2024.

Current Bismuth Supply

Bismuth Supply Graph:

Bismuth Supply: 37,316,811 — Block Height: 3,661,813
Bismuth Supply: 37,316,811 — Block Height: 3,661,813

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 Proof-of-Work Difficulty: 101.7025277512 at block height 3661813
Bismuth Proof-of-Work Difficulty: 101.7025277512 at block height 3661813

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 Hypernode Staking Side-Chain

The Bismuth Hypernode Side-Chain is Proof-of-Stake based.

We count 113 active Hypernodes with a total amount of active collateral of 3,350,000 BIS. That’s a decrease of 2 active nodes since the last report.
Estimated Bismuth Hypernode rewards are shown below.

Bismuth Hypernode Staking Side-Chain
Bismuth Hypernode Staking Side-Chain

The plot below shows all Hypernodes, both active and inactive. As can be seen from the plot, the number of Hypernodes is currently at 331, the same amount of nodes since the last report.

Total number of Bismuth Side-Chain Hypernodes, both active and inactive.
Total number of Bismuth Side-Chain 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 9,320,000. The total amount of BIS in circulation is 37,31 million. Hence, the amount of active collateral accounts for 8.9 % of the total supply, or 24.9 % if the amount of inactive collateral is included.

Total Amount of Hypernode collateral, both active and inactive
Total Amount of Hypernode collateral, both active and inactive

Wrapped Bismuth Supply

Detailed graph of the current wrapped supply:

Wrapped Bismuth Supply
Wrapped Bismuth Supply

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

Bismuth has been Listed on XeggeX.com Exchange

Fantastic news for the Bismuth community.

Bismuth trading at the XeggeX Exchange
Bismuth trading at the XeggeX Exchange

Bismuth has been listed on XeggeX, a leading exchange ranked within the top 50 globally at CoinGecko. This is a significant milestone for us and an excellent opportunity for Bismuth’s growth and visibility in the market.
We welcome you to read our official announcement at this link.

Bismuth trading pairs are BIS <> USDT and BIS <> LTC.

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

XeggeX: BIS/ USDT, BIS/ LTC
Graviex: BIS/ BTC Pair

Bismuth links

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

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