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Bittensor Annualized Revenue Estimate Rises 40% to $70 Million

Bittensor Annualized Revenue Estimate Rises 40% to $70 Million

Photo: TokenPost

A Nov. 4 estimate put Bittensor’s annualized revenue at about $70 million, up 40% from October, while external revenue covered only a fraction of estimated annual emissions. Annual emissions were estimated at more than $300 million, while external revenue covered 9% to 23% of that figure. The $70 million figure is an annualized estimate, not an audited on-chain total. It uses off-chain payment records. Late-August and early-September estimates placed revenue at $32 million to $35 million, roughly half the November estimate. Compute and infrastructure subnets account for about 78% to 82% of verified revenue.

Source: TokenPost

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