Mining

I WAS WRONG… Kaspa Network Hashrate got WAY WORSE.

I WAS WRONG… Kaspa Network Hashrate got WAY WORSE.

#WRONG #Kaspa #Network #Hashrate #WORSE

“Red Panda Mining”

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27 Comments

  1. LOL okay please allow me to give some context for my comment, because I obviously look like an idiot hahaha. So in that previous video you were talking about nethash growth over a 2 year period, which is what my comment relates to. So it wasn't a comment on what will happen in the next 30 days, but more on how I think the nethash curve will look in the next 24 months. Love you Panda I feel very called out.

  2. Hi Panda, I was wrong too, I predicted will grow 1PH a day but it went 1.5PH a day it may as well reach 195-200PH by the end of the Jan 2024. Will see how it will go. I have sread sheet with every day prediction for KAS network will be interesting to see. Also, in the year it will be i think close to 750-800PH but even then my room heater of the 7-ks0-pros will be doing $20 a month still next December and heating the room lol Just need to design to make it pretty like JasminerX16-Q. (if price of Kaspa of course stay at least $0.11 but we belive it will go up in one year, right?)

  3. That is exactly why I waited and did not FOMO in all the hype. I invested in 6 used Ipollo miners and making about $10 a day duel mining different ethash coins. After electric cost I am making 70% profit per month + I make a little on top of that waiting to sell off at peak.

  4. Man, it is CRAZY how much the hashrate jumped up. I was thinking it would be 80 to 100 ph by Christmas.. I was way off! Lol Large batch shipped out and overclocks being released. I think that probably threw us off too.

  5. I remember getting my KS2 in mid-September while watching the network difficulty increase from 20 PH/s to ~50 PH/s and thinking that was a huge leap. Watching it daily climb higher & higher to over 120 PH/s over the past couple of months has been like WOA. Clearly ICERIVER & Bitmain had more inventory than was initially anticipated.

    I suspect they sold bulk orders to large farms. There appears to be some correlation with the massive increase in network difficulty on certain dates (indicating a warehouse full of KS3's came online).

  6. With the rate the network difficulty is increasing, either KAS needs to drastically increase in price or the ASICs need to decrease substantially in price. Also, I've noticed Kaspa hasn't correlated with Bitcoin's price as much as other altcoins have. For example: 3-4 months ago Kaspa was one of the only coins that appreciated in value without any movement in BTC's price.

  7. Love the content. Thanks for sharing your journey with us. I am looking at getting a couple Iceriver KS3Ms and a KS3 while the prices are still down. In your opinion is it still a good time to get into Kaspa mining?

  8. Imho…the only way KAS equipment is going to sustain profitability, is if we the miners hold the majority of coins mined. Selling pressure from miners is hitting all these new coins hard.

  9. I knew this was going to happen. The speed in which KS0’s sold out was a telling sign. People FOMO’d hard and when miners are relatively inexpensive to buy you’ll sell a lot of them. Look at Helium as an example. If you got in early congrats. My prediction is that the hashrate will grow but not at the rate that it has been. The $400 miners aren’t as enticing as they once were which now leaves the big boy miners to the very serious mining farms. The average person can’t run a big loud 240v miner so the hashrate will slow down but still rise.

  10. That goldshell survery. I did starcoin mining for a little bit. Theres only 1 pool to mine now. And only 1 exchange to sell. Of course its not availble to US citizens. Just things to keep in mind when jumping into STC mining.

  11. Who could have predicted this?

    KS2 Daily Yield:

    October 2nd: 988 Kaspa

    November 2nd: 535 Kaspa

    December 2nd: 320 Kaspa

    December 3rd: 303 Kaspa (5% less)

    December 4th: 301 Kaspa

    December 5th: 288 Kaspa

    December 6th: 277 Kaspa

    December 7th: 257 Kaspa (block reward reduction day)

    December 8th: 250 Kaspa

    December 9th, 244 Kaspa one week later, 23.75% less Yield

    December 11th, 233 Kaspa

    December 14th: 223 Kaspa

    December 15th: 216 Kaspa

    December 18th: 213 Kaspa

    December 21st: 210 Kaspa

    December 22nd: 202 Kaspa

    December 24th: 195 Kaspa

    December 29th: 188 Kaspa

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