Another great interview from @Hardymehta.
Today's guest: @MichaelSuttonIL
https://t.co/2cqGf5fxya
Hear Michael's story of pursuing his Masters, meeting @hashdag, working on Kaspa, dealing with work/life balance, playing basketball and some sage advice about family, rest and belief.
"We walk in life between moments of clarity. We are mostly in the dark, and here and there we get this "Lightning." And that's worth everything to me." MS
⚙️Rust 𝆒 Crescendo Update! 🔥
The PR for computing higher-level Ghostdag entries on demand is merged! https://t.co/Cp5spNT5bL - resolving a crucial processing bottleneck for #10BPS
👉This merge is one of the final steps before a new #TN11 performance-focused version, which is meant to finalize the 10BPS configuration and specs!
A bigger update is expected in the coming month.
#KaspaCrescendo #L1 #ProofofWork #DigitalSilver
$KAS Hashrate looks exactly like early $BTC Hashrate 🤯
During its early days, BTC formed the same hashrate chart structure that @KaspaCurrency is now.
The road to 1 EH/s looks almost exactly the same for both, Kaspa just did it faster.
But here is whats actually mindblowing👇
Bitcoin took 7 years to reach 1 EH/s.
Kaspa only needed 3 years to reach 1 EHs.
But thats not the most interesting part...
Is Kaspa a 4 times faster developing Bitcoin? 4⃣⏩
$BTC needed 4 years for the hashrate chart structure below.
$KAS needed 1 year for the hashrate chart structure below.
$BTC halves every 4 years.
$KAS halves every year.
Coincidence? 🤔
...I think not.
This is very clearly done by design and its amazing to see it play out exactly like planned.
This just goes to show how brilliant Kaspas tokenomics were thought out.
At the end of the day this just another one of the countless hints that $KAS is basically $BTC but better and faster.
Same log. chart structure, only 2 coins following power law, hashrate developing the same way, biggest BTC miners mining KAS, etc...
Its impossible to unsee.
People sometimes think (me included) that its not early anymore for Kaspa because its already at $4B mc.
But this just goes to show how very early we might still be...
$BTC hashrate nowadays is ~650 EH/s, 600x higher than $KAS hashrate currently.
Meanwhile $KAS is 600 (soon 6000) times faster than $BTC.
Coincidence?
Yeah this probably is coincidence haha
But still, you get the point.
⏩ Kaspa is Bitcoin... but sped up in every aspect.
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Other people to follow for Kaspa content:
@travladd | @CryptoKaduna | @CryptoReviewing | @ParabolicPump | @BraverCrypto | @MikoGenno | @CryptoElPres | @KaspaGuru | @KASPAEnthusiast | @Kaspa_HypeMan | @groddofcrypto | @Cryptographur | @christi61026749 | @RvCrypto | @NicholasSismil | @altcoinist | @kaspador | @SilverKaspa |
@YorichiiCrypto | @TommyDoesCrypto | @plzsats | @Fibonaccious | @MOONSHOTJOSH |
@KaspaSilver | @Chris_Hutch7 | @elldeeone
Sorry if I forgot anyone, there are too many😅
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Thanks for reading frens 🩶
All sorts of engagement much appreciated as always!
mikro out ✌️
The North Americans rejoice!🇺🇸🇨🇦
Thanks, @krakenfx for cracking open the door for a peak at the incoming listing of $KAS!
https://t.co/gNgZE8khcV
#Kaspa#L1#ProofofWork
#Kaspa Hashrate/Price Power Law Analysis (log-log chart): @KaspaCurrency $KAS
Kaspa’s hashrate has peaked at 0.75 EH/s , I think we should get used to EH not PH , because the hashrate will pass 1 EH/s milestone very soon. I think in the very near future we’ll here that another giant mining company had joined in Aug 2024 , who do you think is mining Kaspa?
Another really cool news today was #Binance ‘s announcement of opening a Kaspa mining pool , they even have 0 pool fees for the next few months. I think this is also really meaningful after putting the pieces of the puzzle together , everything is just working perfectly for Kaspa. Is Kaspa getting listed on Binance soon ?
▶️Now let’s segue into the hashrate/price power law analysis :
As you can see from this image the R^2 is 0.9211 and it’s increasing even though there was a big correction today , so think of it as daily noise and instead follow the bigger picture , the fairvalue for the trendline is $0.31 so we are around 50% undervalued at this hashrate. Sooner or later the price will have to compensate and move up!
▶️The Price/Hashrate Formula
The price and hashrate formula is as follows , just make sure to put your desired hashrate in EH/s format
▶️Price = e^(-0.9734) * Hashrate^(0.5307)
For example at 2 EH/s the fairvalue price would be :
Price at 2 EH/s = e^(-0.9734) * 2^(0.5307) = $0.54
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Crypto Proselyte
#Kaspa is going to take off like crazy once KRC20 is out! The meme coins and the stable coins are going to make it a top 10 coin, minimum. Do not miss out on $KAS, this may be one of the last times to buy it at a low price!
📢PSA - Amazing news for our #Brazil community! $KAS onramp application, @TopperByUphold has integrated Pix - Brazil’s instant payment system!
#Kaspa users in Brazil can now select Pix as a payment option.
Learn more about Pix on Topper https://t.co/mzMBVzvigZ
#DYOR #KaspaAcceptedHere #GlobalCurrency