Tokenomics

Circulating Supply

0Bittensor

Total Supply

0Bittensor

Supply Data

Circulating Staked

Circulating Free

Unissued

The total issuance used in Taostats is taken directly from the substrate blockchain.

There was an initial iteration of the network name Kusanagi which was started on the 3rd January 2021 and then halted in the middle of May so that some issues could be addressed. The blockchain and all 546,113 previously mined TAO were migrated to Nakamoto which was started on 2nd November 2021 from block 0. The Finney network network was officially launched on the 20th March 2023.

The total token issuance rather than the block number is used to determine the exact point the halvening occurs. As Tao used to recycle registrations is burned back into the unissued supply, there is a lengthening halvening data however this data is calculated at the current block/issuance so will update automatically over time.

Halvening Data

Next Halvening

19 Nov 2025

Circulating Supply

7,588,391

Bittensor

Total Supply

21,000,000

Bittensor

In Circulation

36.14

%

1st Halvening

Expected: 19 November 2025

Total in Circulation (T)

10,500,000

Block Reward (TAO)

0.5

Duration (Blocks)

10,500,000

Issued this H (TAO)

10,500,000

Total In Circulation (τ)Issued This H (τ)Block Reward (τ)Duration (Blocks)Duration (S) Time (Epoch) Date

CURR

7,588,390.748

7,588,390.748

1

2,911,609

34,939,308

1728616379

11 October 2024

H1

10,500,000

10,500,000

0.5

10,500,000

126,000,000

1763555687

19 November 2025

H2

15,750,000

5,250,000

0.25

10,500,000

126,000,000

1889555687

16 November 2029

H3

18,375,000

2,625,000

0.125

10,500,000

126,000,000

2015555687

14 November 2033

H4

19,687,500

1,312,500

0.0625

10,500,000

126,000,000

2141555687

11 November 2037

H5

20,343,750

656,250

0.03125

10,500,000

126,000,000

2267555687

08 November 2041

H6

20,671,875

328,125

0.015625

10,500,000

126,000,000

2393555687

06 November 2045

H7

20,835,937.5

164,062.5

0.0078125

10,500,000

126,000,000

2519555687

03 November 2049

H8

20,917,968.75

82,031.25

0.00390625

10,500,000

126,000,000

2645555687

31 October 2053

H9

20,958,984.375

41,015.625

0.001953125

10,500,000

126,000,000

2771555687

29 October 2057

H10

20,979,492.1875

20,507.8125

0.0009765625

10,500,000

126,000,000

2897555687

26 October 2061

H11

20,989,746.09375

10,253.90625

0.00048828125

10,500,000

126,000,000

3023555687

23 October 2065

H12

20,994,873.046875

5,126.953125

0.000244140625

10,500,000

126,000,000

3149555687

21 October 2069

taostats

taostats is a Block Explorer and Analytics Platform for Bittensor, a decentralized machine learning network.

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