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Kaspa Mining Reward Drops 5.6% as Monthly Cut Takes Effect

BSCN avatar BSCN
1 min read
Kaspa Mining Reward Drops 5.6% as Monthly Cut Takes Effect

Kaspa's block reward decreased from 2.06 to 1.94 KAS on Wednesday following the network's scheduled monthly reduction. Network hashrate briefly dropped to around 265 PH/s but bounced back to approximately 363 PH/s, matching levels seen before the cut.

The cryptocurrency uses a gradual emission model that trims rewards by roughly 5.6% each month, halving the total annually. This contrasts with Bitcoin's approach of cutting rewards sharply every four years. More than 95% of Kaspa's estimated 28.7 billion coin supply has already been mined. The next reduction to 1.84 KAS is scheduled in approximately 29 days.

Read the full story on BSC News: Kaspa Block Reward Falls 5.6% to 1.94 KAS as Network Hashrate Holds Near 363 PH/s

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