I have 2 amazing devs who held Subnet 19 @nineteen_ai together and worked with us for over a year (long time in Bittensor). I wouldnit normally do these types of posts but I get a lot of people asking for feedback on people we have let go because they didn't cut it ...so it

Taostats data investigation on how subnet owners are using their hotkeys.

Subnet Github commits since August 1: 22 subnets have made 0 commits to their repository. Median value: 5 commits Average: 21 commits Max: 227 commits (!!)

There are 103 Subnets (80%) with a Github URL. What can we learn from the Github data?? 🧵

Extrapolating emission from the last 120 days: The last sliver of tao will be emitted somewhere between November 2077 and July 2078. (After the 12th halvening, there will be 1/4096 tao a block) I hope to be there!

Last week we introduced NAV as part of the proposed subnet deregistration plan. But things move fast in Bittensor, and NAV is so "last week." Introducing ADR! Alpha Distribution Ratio (it is simply 1/NAV) This means that ADR<1 means a subnet is subject to deregistration.

Ever wonder about the slippage (or the fee) of your last stake? It's now in the transaction table. (negative slippage means you beat the system and got more than expected!)

In last weeks Open Dev call in @ChurchOfRao I brought up adding fees on extrinsics to reduce the number of failed extrinsics on chain. Interested to see what folks are doing (incorrectly) on the chain? Data from @taostats (ofc) Read on.... 🧵

@taostats Subnet Market Place is LIVE! - https://t.co/5nZ5tnsgJd We are sorry this one took a little bit of time to get right, but it is now live using subnet 46 as the first subnet to be offered. 🧵...

67 subnets have NAV >1 8 have NAV > 2

So, what's the big deal about NAV? Tuesday's Open Dev call in Church of Rao introduced this concept while discussing potentially reintroducing subnet deregistration.... https://t.co/R8hKZPIx1d

You can now see every subnet's historical NAV on the statistics page. https://t.co/eD8gGAj3av

In the next few weeks, you're going to hear a lot about Net Asset Value, or NAV. (why, you ask? Read to the end of the thread for a spoiler.) As a subnet owner, you want this to be <1.

All too often, we go deep into the Bittensor mechanisms with math and code. But, we haven't forgotten that many of us are new to the Bittensor ecosystem, and trying to figure out some of the basics. Today's video: Wallets. An intro to coldkeys, hotkeys and wallet applications.

Sometimes, digging in the @taostats data uncovers interesting findings. In April 2024 there were 2 large spikes in the total transfer count. We started the month ~440k, and ended the month at ~2.2M. https://t.co/a3BulMAeAH What happened?

Chutes is an AI compute powerhouse today, not tomorrow. 🪂 - 30k Paying Customers (From 0 in just over a month) - 1/2 a Million Users of our platform alone (not including OpenRouter users) - 4.3T Tokens/Month (at current rates) - Largest Open-Source Provider on OpenRouter

https://t.co/IBM5IJg5wN

Yesterday's Bittensor chain update introduced a new mechanism to the chain. When price falls below tao_in, two new processes occur on every block. 1. Some tao (tao_in - price) is sold to alpha and recycled. 2. The subnet emits no tao to root stakeholders. The alpha that would

This weeks chain update made significant changes to staking fees. While the 'fee' has dropped from .3% to .05%, there is now an extrinsic fee of about $0.50. Important to note: This fee applies to successful AND failed staking events so it is important to use a staking provider

🪂 CALLING ALL AI FOUNDERS - YOUR COMPUTE IS ON US 🚨 Chutes is dropping up to $20,000 in platform credits to select startups that are: • < 50 people / pre-Series A • Raised < $2 M (or nothing) • Shipping something that needs insane throughput