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In-depth #Kaspa Analysis. Kaspa is the endgame. Not financial advice.
May 2 25 tweets 6 min read
In just hours, Kaspa’s block creation rate will jump to 10 BPS—but this is only the beginning.

Looking ahead, the rate is set to increase even more, as Kaspa aims to solves important problems by increasing its block creation rate.

Here's a report that explains more.

🧵 1/25 In a proof-of-work network, a higher block creation rate can enhance decentralization by reducing mining variance, which in turn reduces the benefit of joining a mining pool.

This graphic shows Kaspa's block distribution.

You can interact with it here: public.flourish.studio/visualisation/…
Mar 22 8 tweets 3 min read
Kaspa miners received nearly 1,000,000 KAS in fees yesterday, primarily from KRC-20 token minting.

This single-day payout eclipses the total fees received by miners over the entirety of the preceding month by more than threefold.

Here's a brief thread... 🧵1/8 Image This incident shows why miner capitulation is temporary. As Kaspa's price and miner fees rise, mining capitulation slows down, and eventually mining activity rebounds on a delayed basis.

Mar 12 25 tweets 7 min read
Our latest report reveals a massive distortion in Kaspa's coin distribution, reflecting a single wallet's herculean efforts to centralize the coin supply.

🧵 1/24 In December 2024, we noticed an anomaly in Kaspa's redistribution across wallets. The extent and scope of KAS accumulation in the humpback category seemed unusual. After several months, the anomaly intensified, prompting us to investigate further. Image
Feb 27 15 tweets 4 min read
MARA Holdings may have sold nearly 90,000,000 KAS in Q4 2025.

Here's a thread explaining why this may have actually benefited the Kaspa network.

🧵 1/21 To arrive at the 90 million figure, we first determined the total amount of KAS that @MARAHoldings held at the end of Q3 2024. This was 107,891,919 KAS, as reported in their SEC quarterly filing.

Link: ir.mara.com/sec-filings/al…Image
Feb 19 25 tweets 6 min read
The Kaspa network's hashrate plunges, falling below 1 exahash per second, reaching levels as much as 40% below the all-time high.

Here's why this is not concerning... 🧵 (1/24)Image The hashrate of a proof-of-work (PoW) network is the measure of the computational power used to solve the complex mathematical problems required to add a block to the blockchain (or blockDAG). The higher the hashrate, the more secure the network is against attacks.
Feb 17 20 tweets 6 min read
A Binance spot listing for Kaspa is likely imminent.

Here's a thread explaining how we reached this conclusion... 🧵 Image On February 13th, Coinbase announced a Kaspa futures listing, which usually precedes a spot listing. In the below thread, we explained how exchanges can use a futures listing to accumulate Kaspa for a spot listing.
Feb 10 15 tweets 4 min read
CoinEx's margin trading becomes an early victim of Kaspa's supply shocks. 🧵

As of 03:00 UTC on Feb 10, 2025, Kaspa margin trading on CoinEx has ended.

Here's a thread that explains what may have led up to CoinEx's decision to halt Kaspa margin trading, and how this decision gives us a glimpse into the extreme supply shocks that Kaspa may cause in the future...Image On the evening of February 2, 2025, high market volatility collided with excessively leveraged short margin positions on CoinEx resulting in the worst flash crash in Kaspa's history.

At around 21:00 EST, Kaspa's price on CoinEx crashed more than 95% in just 10 minutes, bottoming at just $0.0046 on the exchange.Image