In July 2020, all of the available Toncoin tokens (98.55% of the total supply) became available for mining. The tokens were placed in special Giver smart contracts, allowing anyone to participate in the mining — up until today. Users mined around 200,000 TON daily. Today, two years later, the last Toncoin was mined, signaling the successful closure of TON’s initial distribution. The phenomenon Mining on the proof-of-stake TON blockchain was a unique phenomenon to behold. Blockchains of older generations, such…