Been tracking SN19
@blockmachine protocol revenue since mainnet launch. From ~$75/day at launch to $200 /day in under two months. Almost nobody's talking about it.
The curve so far:
— Launch: $70–80/day
— May 15, first buyback announced ($2,009): average sitting at $87.38/day
— Late May: stabilizes near $125/day
— ProofofTalk: testing $150/day
— Since PoT: $200 /day — and ETH RPC endpoints just went live
Why this matters: every day, a larger share of SN19's emissions is backed by paid usage instead of pure extraction. Per the whitepaper, emissions not backed by useful work get recycled. If it's not useful work, it shouldn't be rewarded — and this is one of the few teams actually enforcing that.
What I'm watching / honest risks: numbers are still small (we're not even 2 months in), ETH is nascent at 9 nodes, BSC still on the roadmap, and free endpoints remain the real competitor despite SN19 being a cheap, useful alternative. At least from where I sit — miners and valis may see it differently, which is exactly why I'm posting:
$TAO miners and valis — are you running your own infra, sitting on free endpoints, or paying for RPC? If you haven't tried decentralized infra, what's actually blocking you?
Disclosure: SN19 is one of my top holdings.