A emissão inicial do #monero #XMR foi muito agressiva, e os ASICs eram uma realidade até o RandomX. Bem Interessante essa artigo este desenvolvedor otimizou o minerador para obter uma vantagem esmagadora na mineração de XMR desde o início, usando servidores AWS baratos, e depois trocou (quase?) tudo por BTC, sustentando a operação por quase dois meses.
Monero emitted something like 50% of the supply in one year, during which time there is no way more people learned of it than BTC in its first 4 years. Also there was a cripple miner during this time of highest emission. CMU prof has article about controlling 50+% of network hashrate for months very early on with secret mining software. This was followed by years of closed source miners with tax (claymore prob got 1-5% of all coins circulating just via his miner tax) and secret bitmain ASICs that resulted in repeated hardfork to tweak the PoW. Tail emission is a nonfactor and will be for many decades, and that early (pretty scammy) distribution will remain dominant. Tbh I think this may be one of the major reasons for Monero shitty price performance over the years.
If you want some proof for the level of interest I think this is the best available proxy in the screenshot (and bitcoin completely dwarfs "monero" and "bitmonero" over first few years of its existence), and if you're interested in the CMU prof article here is the link:
https://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html?m=1
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Yes, the early emission was quite steep. Not great, but I think tail emission makes this less of a problem over time. I don't think many of the early miners are sitting on their old stack of Monero either. No doubt most sold back then or swapped for Bitcoin and other alts.