Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: jasnabinancebnc on April 09, 2024, 12:48:00 PM



Title: Is Mining Kaspa Worth It?
Post by: jasnabinancebnc on April 09, 2024, 12:48:00 PM
I've recently been diving into the world of cryptocurrency mining and came across Kaspa. Given its unique features and the DAG structure it employs, I'm intrigued by its potential. However, before committing any resources, I wanted to gather some opinions and insights from the community. ;D


Title: Re: Is Mining Kaspa Worth It?
Post by: FP91G on April 10, 2024, 05:30:28 PM
I've recently been diving into the world of cryptocurrency mining and came across Kaspa. Given its unique features and the DAG structure it employs, I'm intrigued by its potential. However, before committing any resources, I wanted to gather some opinions and insights from the community. ;D
The blockDAG architecture – with rapid block rates – allows more mining decentralization and enables effective solo-mining even at lower hashrates. Fair-launched in November of 2021 with no pre-mine, zero pre-sales, and no coin allocations; Kaspa is 100% decentralized, open-source, and community managed.  The max supply of Kaspa is 28.7 Billion coins with an emission schedule that halves once per year via smooth monthly reductions by a factor of (1/2)^(1/12).
https://kaspa.org/tokenomics/
There are currently 23.088 billion coins in circulation


Title: Re: Is Mining Kaspa Worth It?
Post by: arielbit on April 12, 2024, 09:41:13 AM
if the bull run has not topped yet, yes. if bear market starts then all is shit hehehe


Title: Re: Is Mining Kaspa Worth It?
Post by: FP91G on April 12, 2024, 10:09:10 AM
if the bull run has not topped yet, yes. if bear market starts then all is shit hehehe
If the bullish growth has not yet reached the top, then the number of people willing to buy a quick-payback ASIC will grow, and the number of mined coins will be constant and decrease in accordance with the graph. But if a fall suddenly occurs, then buyers of expensive ASICs will be very disappointed.