Mik 🐸🐶🏝️📈📉

Full time...Fudmaster.. Always NFA

[MEZTech 𐤊 @MEZ_tech]

This address receives ~26k kaspa:native from the Humpool proxy wallet (https://t.co/p4xpb4JDmB) every hour on the hour (at the 45th minute of every hour, clearly some automated cron job):

https://t.co/HE0rhGLVl6

And an additional ~5k kaspa:native from Whalepool (the pool "Humpool" promo'd switching to after shutdown).

Every hour.

That's the amount of KAS mined by almost exactly 1/3rd the network hashrate (~30k KAS/ 90k KAS mined hourly from current emissions).

So to be very clear.

Yes, 1/3rd of Kaspa's network hashrate is indeed owned by a single entity.

And that entity appears to be/have been dumping immediately post mining.

Hate to be the bearer of bad news; but at least we now know where alot of this selling pressure is coming from.

#Kaspa

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

$kas miners powering down

[Kaspa Daily @DailyKaspa]

Kaspa hashrate keeps sliding, now down to 282 PH/s.

The 30-day average has crossed back below the 60-day and the gap is widening as both roll lower. That's the compressed ribbon setup again: hashrate leaving the network faster than it's coming in, the classic sign of miners powering down at current prices.

Zoom out and it's a steady year-long bleed. Hashrate has more than halved off last summer's highs, and the last few crossovers have all tipped bearish. There's been no sustained expansion to break the pattern.

Miners are still capitulating, not returning yet.

[Ghostbanned Ӿ 🇬🇧🤝🇺🇦 @Ghostbanned7]

@MoonKing___ Kaspa $KAS has a creeping natural tendency towards centralization. Only last week we saw that a single entity is already in control of 28% of block publication.

[Nebraskangooner @Nebraskangooner]

$KAS (per request)

Over a year ago I posted a head and shoulders breakdown with a target of under 3 cents.

Most people believed that was impossible, but here it is now.

With target reached, we look for reversal signs. For now, it's still just a dead chart. Patience.

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@TheMrMullings ?

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@sunnydecree Lol

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@RorSyns Lol

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@babeonthemoon ?

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@Cobratate Lol.. Jail things

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@GloryDoge Naaaa

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@GloryDoge Nope

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

No load https://t.co/pGgeMJTC08

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@The_Pons Lol.. Nope.. Same with me

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@unusual_whales Lol... Nope

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@DogecoinNorway Lol.. Fluids Mix.. Sometimes faster... Inevitable

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@Nebraskangooner Gm

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@thisiswenzel Coole Sache 😁

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@Nebraskangooner Funny fomceeee pa

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

Fomc PA 😂

[Mik 🐸🐶🏝️📈📉 @MikerickerMik]

@Cobratate Normal