Progress Report Bismuth Python Blockchain — December 2023

BismuthPlatform

3 min readDec 14, 2023

December 2023 Progress Report — Bismuth Python Blockchain

This Bismuth progress report covers November 14th, 2023 to December 14th, 2023.

Current Bismuth Supply

Bismuth Supply Graph:

BIS Supply: 36,810,607 — Block Height: 3,570,679

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: 97,852 — Bismuth Proof-of-Work Difficulty: 97.852 at block height 3570679

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 111 active Hypernodes with a total amount of active collateral of 3,290,000 BIS. That’s a decrease of 1 active node since the last report.
Estimated Bismuth Hypernode rewards are shown below.

The plot below shows all Hypernodes, both active and inactive. As can be seen from the plot, the number of Hypernodes is currently at 332, up by 6 nodes since the last report.

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 9,330,000. The total amount of BIS in circulation is 36,81 million. Hence, the amount of active collateral accounts for 8.9 % of the total supply, or 25.3 % if the amount of inactive collateral is included.