Top Story

Oro (SN15) got into Y Combinator, then swapped the benchmark under its own races.

Oro is joining YC's Fall 2026 batch. First crypto company with a live token to be accepted, per Unsupervised Capital's Chris Davis, who noted that YC underwrote the Bittensor model and treated the subnet as a structural advantage. The team announced it on X this week.

Then, on Sep 10, the subnet replaced the suite every agent was scored on. Legacy ShoppingBench out, ORO-Bench in: qualifying runs 525 tasks, 75 in each of seven families, covering intent decomposition, retrieval recall, constraint satisfaction, preference reasoning, ranking, recovery and justification. Races run a hidden set of 90 problems. The winner is decided on a difficulty-adjusted average of an agent's last three races.

Rankings are scoped per suite, so every agent scored against the old benchmark fell off the leaderboard when the switch landed. Submissions were blocked for part of the day while the team worked through environment errors and removed a validator running an outdated version. Seth posted times as they moved, reopened submissions at 15:48 UTC and dropped that day's qualifying threshold to 30% to filter out broken agents, before returning to the dynamic threshold capped at 55%.

Rewriting your evaluation while a cohort of miners depends on the old one is the expensive kind of housekeeping. Doing it in one day, with timings posted and agents reinstated when a validator turned out to be the problem, is the part worth copying.

Subnet Spotlight

SN66 Conjectures — a 16-year-old problem, solved by miners

"Today, we're announcing a solution found by our miners to the near-half-density case of Green's Problem 51, open for 16 years. Verified in Lean through Conjectures." That was the team's post on Sep 9. Another solve and its paper are due this week.

Rewards here scale with how long a problem stayed open, so a run of solves shrinks every bounty at once. New bounties are a fraction of what earlier problems carried, and wejh did not dress it up: "You guys did too good a job and solved too many." The rework in progress spreads rewards more evenly across problems and removes the incentive to sit on a finished proof while its bounty grows.

The pool also gets policed by the miners. One claimant withdrew an award request after the team showed that a formalization of the same target already existed, then handed over a cross-referenced list of 568 public proof records to help screen duplicates by content instead of by problem number.

How do you score a proof of a problem nobody has solved? In the team's own words: "A miner submits a formal proof, and the validator checks that it proves the exact committed statement under the permitted axioms and is accepted by Lean's kernel. The proof itself is the answer, and verification is binary, yes or no." An open-ended search that eats compute, with a pass/fail check at the end that no human referee can fudge.

the prior-art rejection, the withdrawal, and the Green's Problem 51 announcement in SN66

SN28 sayGM — the concentration numbers, posted by the team

A miner named Adam tracked the share of traffic captured by each model's top miner on sayGM: 65% in E25022, 71% in E25023, 74% in E25024, 95% in E25025. One key earning nearly everything on the astra model, and the trend still climbing.

Poggle did not argue with the math. He confirmed it and published more: the top two astra workers held 88% of selections over 24 hours, and miners receiving astra traffic fell from 30 to 15 in four days. Then the cause, in his words: roughly 70% of routing decisions are session pins, where a long conversation stays with whoever served its first turn, and astra volume rose 6.6x in four days. glm-5.2 is spread across 40 miners and kimi-k3 across 42, so the damage was one model rather than the whole board.

Two bugs got fixed the same day, including a price change wiping a lane's learned capacity, which is what compounded the concentration. Rolling back the routing is off the table: about 21,000 daily pins carry encrypted reasoning that fails if a later turn moves to another worker. Load spreading on astra is still open, and the team said so rather than calling it solved.

Adam's concentration numbers and Poggle's response in SN28

Sentiment Roundup

Shipping and building: SN1 (next competition lands next week; a "Getting to know Apex" explainer series started), SN10 (per-prompt score breakdowns live; SGLang campaign flagged at 0% emission weight while experimental), SN15 (ORO-Bench live, submissions open), SN28 (routing fixes shipped, load spread under investigation), SN30 (testnet running on netuid 504, validator update in progress), SN33 (August buyback tracking at 2.25x July, funded from 75% of dashboard revenue), SN44 (drinkware element live; API, SDK and MCP coming with Score Studio; emissions on parked challenges will be redistributed automatically), SN51 (buybacks and burns from the owner key; Lium alpha now usable as loan collateral on Mentat Lend), SN61 (scoring server state bug found and explained after submissions were rescored mid-day), SN62 (database engineering competition took 156 submissions in under 12 hours), SN64 (Pro 6000 capacity still spoken for), SN66 (Green's Problem 51 solve announced), SN67 (DeepSeek-V4.1-Flash added to the miner toolchain; citation indices now checked before scoring), SN68 (Boltz-2 oracle available for testing, live this week), SN81 (Reliquary V1.0 live on a new validator endpoint), SN85 (zero-score reason codes on the dashboard; duplicate outputs now split the score instead of paying the lower UID), SN90 ($10K of revenue recycled since Aug 23), SN96 (Microtensor's certified model served on testnet, user accounts live, buybacks in the works), SN106 (82 GPU executors, all scoring), SN111 (duplicate detection replaces coldkey blacklisting, both parties lose the reward instead), SN118 (v13 bench visible to miners Monday, Comet-2 agent on Sep 13), SN122 (mainnet hyperparameters set: 0.0005 TAO minBurn, 7-day immunity, 50% lockShare), SN124 (private model submission via CLI).

Dormant or stalled: SN83 (a miner questioned why it still draws 0.7% emission with no recent commits and no owner posts), SN35 (one message all week), SN59 (miner burn while the team builds out two customer APIs). Most other subnets produced nothing worth a line.

Numbers That Matter

  • Lium (SN51) month in review: $964K billed to 1,187 renters, 36% growth month over month. 1,908 new signups, roughly 80% of renters still active the next month, 7,697 rentals and a median rental time of 1.15 hours. 63% of rentals were started programmatically by agents.

  • SN28: top-miner share on astra climbed 65% → 71% → 74% → 95% across four epochs. Two workers held 88% of selections. Miners receiving astra traffic: 30 → 15 in four days. Astra volume up 6.6x in the same window.

  • SN15: 525 qualifying tasks across seven families, 90 hidden race problems, a 30% qualifying threshold for the relaunch day, and an 18-hour submission cooldown per hotkey.

  • SN68: the Boltz-2 oracle scores 2,695 to 3,630 molecules per hour on 8x RTX 4090 depending on batch size, per the repo. Initial champion reward: one day of emission.

  • SN66: Green's Problem 51 stood open for 16 years before a miner solved it. Bounty sizing scales with time-open, so the recent run of solves pulled new bounties down to a fraction of the older ones.

  • SN62: 156 competition submissions in under 12 hours, which put grading hours behind submission.

  • SN90: $10K recycled into unissued supply since Aug 23, averaging $908 a day, every swap linked to its chain extrinsic.

  • 104 subnets had channel activity, 46 of them cleared 10 messages.

Notable Quotes

❝

"confirmed on astra: top two workers hold 88% of selections over 24h, and miners getting astra traffic fell from 30 to 15 in four days. Not acceptable, and we're on it."
— Poggle, sayGM (SN28)

❝

"It's very difficult to gauge problem difficulty, so we gauge rewards by amount of time the problem was open."
— wejh, Conjectures (SN66)

❝

"Between ~02:30 and ~08:50 UTC our challenge service was starved by a bulk media ingest, so the compression track was skipped in 3 of the last 4 rounds... Skipped rounds don't touch anyone's EWMA (no fold), so you lost nothing except time."
— Presario, VidaIO (SN85)

Human Moment

A miner named Asim stayed up for Reliquary's V1.0 launch. At 01:46 UTC he asked the team what the ETA was, mentioning that he had woken up for it and needed sleep. 0xgrizz answered plainly: "Sorry dude, that ETA was too optimistic. Don't wanna keep you up with another guess. Get some sleep, I'll update the channel once it's ready."

V1.0 went live at 05:18 UTC. By the afternoon the validator had thrown a bottleneck that RomAI could not pin down, and the message he gave the miners was the same shape as the first one: "There is a bottleneck on the validator that I didn't find yet, I keep you updated." No deflection onto miners' setups, no claim of a fix that did not exist.

Building in public usually gets sold as transparency about wins. This was transparency about a bad night, from a team that would rather lose a miner's sleep than his patience. Small thing. It is the sort of thing that keeps people mining through the next bad night too.

The V1.0 launch night exchange in SN81

Coming Up

  • SN118 Ditto — v13 bench shown to miners Monday. Comet-2 agent on Sep 13.

  • SN68 Nova — Boltz-2 blueprint competition restarts this week. Paused submissions get their credits refunded, and the initial champion takes one day of emission.

  • SN1 Apex — next competition next week, with the explainer series running through the CLI, rounds and scoring first.

  • SN30 Endure — testnet on netuid 504, validator code being updated before the next round.

  • SN67 Harnyx — DeepSeek-V4.1-Flash now callable from miner agents, after the citation-integrity change to scoring.

  • SN79 MVTRX — 0.6.1 scoring ratcheted up on testnet, then mainnet. TradingView charting and configurable alerts next.

  • SN122 CookingTAO — mainnet launch, with 50% of alpha locked in conviction from day one.

  • SN44 Score — API, SDK and MCP ship with Score Studio, and parked-challenge emissions get redistributed instead of burned.

Worth Your Time

  • tao.media/oro-becomes-first-crypto-company-with-live-to/ — The write-up of Oro's YC acceptance, with the detail that matters: how a fund framed a live token as accretive to a company's capital structure rather than a liability to be cleaned up.

  • github.com/metanova-labs/nova-oracle — Nova opened the Boltz-2 scoring service miners are about to compete against. The README carries the throughput table (2,695 to 3,630 molecules per hour on 8x RTX 4090) and the API routes, so anyone can size a run before committing a GPU.

  • github.com/endure-network/endure-subnet — Endure's risk-intelligence subnet went to testnet this week with the code public: miners submit falsifiable risk assessments on alpha tokens, validators score them against how the market moved afterwards.

  • taostats.io/subnets — Still the fastest way to check emission, price and activity across all 128 subnets in one screen when a story breaks.

  • subnetradar.com — Health scores, APY data and live registration costs per subnet. Useful for catching the subnets whose emission and activity have drifted apart before you register a hotkey.

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