<center>
![HBIT-2024-q4.png](https://files.peakd.com/file/peakd-hive/hivebits/23xVkwtLrR8ehurg7qkQTyYTDvtRt3rP9vmBhia8xhdKMKM5MHudH4rUF1ck18sAeP65u.png)
</center>

#### Notes

A general update goes here.

<code>1.</code> The main note for HBIT this quarter is the addition of ecash. In short, there is a chance HBIT miners will find a hidden treasure cache of ecash. Ecash is real bitcoin sats. The treasure is built into the @Wusang game...if you mine HBIT, you play the game and might find the bitcoin treasure.

All the details can be read at: https://peakd.com/bitcoin/@crrdlx/bitcoin-ecash-comes-to-wusang

<code>2.</code> Thanks to @savvytester, the built-in Wusang game now has PeakD badges for the top 25 holders of BLAQ, BLAQGOLD, and BLAQEMRLD tokens.

How to mine HBIT (and play Wusang: Isle of Blaq): https://wusang.vercel.app

##### Numbers
|Category|Amount|Note|
|-|-|-|
|Ave. daily HBIT emitted|68 (71 last report)|See Graph 1 below.|
|30 day ave. emitted|32 (25 last qtr)|See Graph 1.|
|Current circulating supply|80,000 (80,000 last qtr)|See Graph 2. There are currently 74,251 HBIT in the wild and 5,749 held by @Hivebits waiting to be mined.|
|Wallets that have held HBIT|4,198 (4,112 last qtr)||
|Wallets holding > 0 HBIT|3,351 (3,248 last qtr)||
|HBIT Whales|25|HBIT whales are those in the top 25 of HBIT holders. See richlist [here](https://he.dtools.dev/richlist/HBIT). HBIT badge account: @badge-126842. If you feel you should be a whale, please contact @crrdlx.|
|Current Whale-of-Whales|@pepentropy|2nd and 3rd HBIT whales are @good.price and @hannes-stoffel. Check your status on the [HBIT richlist](https://he.dtools.dev/richlist/HBIT).|
|Number of HBIT emitted without any effort|0|Every HBIT represents some amount of work.|
|% HBIT released due to someone purposefully doing the work|100%|Every HBIT represents someone's purposeful effort on the Hive blockchain.|

<center>
Graph 1 - HBIT emissions
![screenshot-2025,01,03-11.25.21.164.png](https://files.peakd.com/file/peakd-hive/hivebits/23wCdSy1qvrw2Qh4eEHfvzAoKwHy4F5Wms63hRGfFxbUq1GGNRGdUFY3kgFsG8DajxdSf.png)
<sub>Hivebits shared via the HBITbot.</sub>
</center>

<center>
Graph 2 - circulating supply
![screenshot-2025,01,03-11.26.20.615.png](https://files.peakd.com/file/peakd-hive/hivebits/23u6Z4b1jq6VTWbCCikKP5cBxZDdKpTx4GRYhh74kw4pTzsFuQ2dxB8p5jyfHCLr9osyW.png)
</center>
<center>
<sub>The circulating supply of HBIT. This is the amount of HBIT *minted*, but not necessarily in circulation. Most tokens are in Hive wallets, except for those in the @Hivebits account which are on standby waiting to be released when a Hive user calls the HBITbot.</sub>
</center>

<hr>

#### Wusang richlist

For fun, let's tip the cap to the Wusang tokens top 3 on the richlist:

- [BLAQ](https://tribaldex.com/trade/BLAQ) - #1 is @xxx, #2 is @xxx, and #3 is @xxx. Check your status [here](https://tribaldex/richlist/BLAQ).
- [BLAQGOLD](https://tribaldex.com/trade/BLAQGOLD) - #1 is @xxx, #2 is @xxx, and #3 is @xxx. Check your status [here](https://he.dtools.dev/richlist/BLAQGOLD).
- [BLAQEMRLD](https://hive-engine.com/trade/BLAQEMRLD) - #1 is @xxx, #2 is @xxx, and #3 is @xxx. Check your status [here](https://he.dtools.dev/richlist/BLAQEMRLD).

----

#### Different

I feel Hivebits/HBIT is different from many tokens and feel this point is worth emphasizing...

Every single HBIT that in someone's wallet exists because someone actually put in conscious effort to mine that coin. Every single one. Zero were airdropped.  Zero were given away. Zero were earned through rewards or staking or interest without someone first mining that HBIT. If an HBIT is "out in the wild," it's there because someone took the purposeful effort to dig it out. Just as bitcoin is backed by the code and the work required to mine it, HBIT is backed by the effort required to earn it as well.

#### History lesson

Hivebits was [born](https://peakd.com/hive/@hivebits/introducing-hivebits) on 1/1/2022 and came after its big sister, [LUV](https://hive.blog/luv/@luvshares/about). Whereas LUV is about giving to *others* and expecting nothing in return, HBIT is about *your* effort earning *you* a reward. It follows the proof-of-work concept that bitcoin established...if you put in the effort, you earn something in return. So, the only way an HBIT gets into a wallet is by someone's purposeful effort, somewhere, at some point on the Hive blockchain. This makes HBIT different.

The intent is to keep Hivebits/HBIT easily available to everyone. To "mine" HBIT, all that is needed is (1.) a Hive [account](https://crrdlx.on.fleek.co/hive-vip-ticket.html) and (2.) to use a command such as <code>!HBIT</code> posted on the Hive blockchain. Simple, your effort, your reward.

Since 9/10/2022, HBIT has been integrated into [Wusang: Isle of Blaq](https://wusangisleofblaq.netlify.app/). WUSANG is the World's Ultra Simple Asset Numbers Game.

>**Prior reports:**
>[Quarter 3 2024](https://peakd.com/hive-159259/@hivebits/hbit-hivebits-quarter-report-q3-2024)
>Quarter 2 2024 - no report
>Quarter 1 2024 - no report
>[Quarter 4 2023](https://peakd.com/hive-159259/@hivebits/hbit-hivebits-quarter-report)
>[Quarter 3 2023](https://peakd.com/hbit/@hivebits/hbit-hivebits-quarter-report-q3-2023)
>[Quarter 2 2023](https://peakd.com/hive-159259/@hivebits/hbit-hivebits-quarter-report-q2-2023)
>[Quarter 1 2023](https://hive.blog/hbit/@hivebits/hbit-hivebits-quarter-report-q1-2023)
>[Quarter 4 2022](https://hive.blog/hbit/@hivebits/quarter-report)
>[Quarter 3 2022](https://peakd.com/hive-159259/@hivebits/quarter-3-report-2022)
>[Quarter 2 2022](https://peakd.com/hive-159259/@hivebits/quarter-2-report-2022)
>The [introduction post is here](https://peakd.com/hive/@hivebits/introducing-hivebits) and the ["About" post is here](https://peakd.com/hive/@hivebits/about).

written by @crrdlx

<center>
https://images.hive.blog/100x100/https://files.peakd.com/file/peakd-hive/hivebits/AL1fQd16U6NW4rWkRVh1Ed1GKNCzToPRmk8kJkbnYBt7mmPyNEVchutkcxdNHu4.png
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<center><sub>HBIT whale badge awarded to the top 25 HBIT holders.</sub></center>

----
> - Check your wallet or trade HBIT at: [TribalDEX](https://tribaldex.com/trade/HBIT)
>- Connect to HBIT: [Discord, Sting, Matrix, Telegram](https://hiveconnect.on.fleek.co)
>- HBIT creator: [@crrdlx](@crrdlx)

<center>
https://files.peakd.com/file/peakd-hive/hivebits/AKpD8GS6CCzApZsVGM8jyXnzu1YvT8CFVatnigeH25m8EMi34z2WC3rLXjwnjfx.gif
</center>

----

<center>![crrdlx-8bit-white-bg-60.jpg](https://files.peakd.com/file/peakd-hive/crrdlx/AJL43SREA1EuyqPXhydmqaq1RHhRVoYd12PfiBN5vDMu2WSKUtGeYWgKJyuRwV8.jpg)
<sub>I go by @crrdlx or "CR" for short. See all my links or contact info at https://linktr.ee/crrdlx.
</sub></center>