Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert

2023-11-6 19:00

The price of Kaspa (KAS), a cryptocurrency focused on scalability and security, could be set for significant upside following recent developments impacting mining rewards.

According to Kaspa enthusiast Twitter account ‘@KaspaEnthusiast’, the rewards for mining KAS were reduced today around 5pm UTC from approximately 165 to 156 KAS per block.

This gradual reduction in mining rewards, implemented through minor monthly adjustments rather than a fixed halving schedule, aims to minimize price volatility.

Analyst ‘JACKIS’ noted on Twitter that KAS recently broke out above a large rising wedge pattern, which could lead to a retest of recent highs and further upside. He stated that “as long as [technical patterns] are respected” in a bullish environment, exponential returns could follow.

The combination of reduced mining rewards providing deflationary pressure on KAS, alongside bullish technical patterns, suggests the cryptocurrency’s price may be poised for gains in the near future. However, as with any cryptocurrency, prices remain highly volatile.

Kaspa spreads out its mining reward reductions over time, rather than drastic yearly halvings like Bitcoin. This gradual approach aims to minimize price volatility.

Kaspa is a proof-of-work cryptocurrency focused on scalability, security, and decentralization. Analysts like JACKIS see its technical setup favoring further upside after recent price strength.

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Meanwhile, the project continues development milestones like tweaking its mining rewards. Kaspa’s unique approach and technical outlook have sparked interest in the niche cryptocurrency.

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The post Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert appeared first on CaptainAltcoin.

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kas kaspa rewards mining price upside could

Источник: captainaltcoin.com

kas kaspa → Результатов: 42


Kaspa Holders Should ‘Be Terrified’: Why Many KAS Investors Will Get Rekt

Cryptocurrency investor Aim Gambler has issued a stark warning to holders of Kaspa (KAS) – explaining why they should be “terrified” about the token’s prospects. In a series of tweets, Aim Gambler pointed out similarities between KAS and other cryptos like XRP, Safemoon, and SOL which he believes could lead to investors getting “REKT” (financially […] The post Kaspa Holders Should ‘Be Terrified’: Why Many KAS Investors Will Get Rekt appeared first on CaptainAltcoin.

2023-11-12 14:30


Kaspa (KAS) price rising after CoinPal integration

Kaspa (KAS) price has surged 31% in the last 7 days and 4% in the last 24 hours. Kaspa was on June 22 integrated on CoinPal. CoinPal is a leading cryptocurrency payment service provider. While yesterday’s Kaspa integration with CoinPal is not the sole reason why Kaspa (KAS) price is rising, the integration has added […] The post Kaspa (KAS) price rising after CoinPal integration appeared first on CoinJournal.

2023-6-23 17:00


Kaspa: почему KAS, лидера новой эпохи PoW, называют наиболее подходящей криптовалютой для будущего?

Упоминание блокчейнов PoW часто вызывает споры о таких проблемах, как высокая задержка, медленное подтверждение транзакций и низкая пропускная способность. PoW — старейший механизм консенсуса в блокчейне, и проекты, использующие PoW, прикладывали немало усилий в попытке решить эти проблемы.

2023-6-9 11:51


Фото:

Апрель для 2Miners: добавление Kaspa и снижение награды за блок в сети Ergo

Рассказываем, какими были итога апреля 2023 года для популярного майнинг-пула 2Miners. Судя по всему, ключевым событием стало добавление Kaspa KAS для добычи. Однако это ещё не всё.

2023-5-3 15:50


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