Kaspa Takes the Lead in GPU Mining, Sets Sights on Transforming PoW Landscape

Post-Ethereum’s shift from Proof of Work (PoW), GPU mining was left without a clear frontrunner. That has now changed with Kaspa (KAS), a rising star in the sector, surging ahead in hashrate figures. Following Ethereum’s departure from PoW, Kaspa’s hashrate rocketed to 1 PH/s, outpacing Ethereum’s pre-Merge rate, according to coincodex.  

The rapid growth in Kaspa’s hashrate is seen as a sign of the mining community’s high expectations. As a result, the spotlight is now on Kaspa’s strong development team. Led by Yonatan Sompolinsky, the creator of the GHOST protocol, the team has built a robust, high-speed PoW consensus blockchain. Kaspa’s unique GHOSTDAG protocol enables a record block time of one second, outshining its competitors.

Another factor boosting miners’ faith is Kaspa’s ambitious roadmap. The planned upgrades, including DAGKNIGHT, promise enhanced scalability and high Transactions Per Second (TPS). Kaspa’s trajectory looks promising, with the first phase, the RUST rewrite, already completed.

Kaspa was launched without pre-mine, pre-sales, or coin allocations, which has heightened its appeal. Miners see the potential for substantial returns from their investments as the PoW blockchain progresses. Currently, GPUs and ASIC miners are predominantly used for KAS mining, providing accessibility for interested parties.

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