Turn Your KASPA Miners BACK ON! Is KASPA Mining About to Get Hot Again?
The past year has been a roller coaster for KASPA miners—big price swings, wild new hardware, hard forks, and the constant question: Is it worth keeping your old miners running, or should those KS5Ls just gather more dust in the closet?
Today, I’m pumped to share a super detailed, up-to-the-moment look at everything happening in the KASPA mining scene—straight from a sit-down with Greater Good Mining, one of the first guys in the space to rock KASPA ASICs and someone whose pulse is always on the miners’ side of the KASPA world. We’re breaking down price action, the impact of the massive Crescendo fork, shifting profitability, hardware trends, and what the future looks like for all you solo, pooled, or yet-to-start KASPA miners.
For more insights on this topic check out this detailed video Turn Your Kaspa Miners Back On!
So grab a coffee, maybe dust off your KS0 or KS5L, and let’s dig in!
Table of Contents
- KASPA Mining: Where Are We Now?
- Meet the Guests: The Community Knows Best
- KASPA’s Unique Price Action
- The Crescendo Hard Fork: Why Miners Need to Care
- What’s Getting Built on KASPA Right Now?
- Stablecoins, Smart Contracts, and KRC20: What’s Coming?
- Why Transaction Volume Means Real Miner Rewards
- Solo Mining KASPA: Back From The Dead?
- ASIC Hardware: Should You Buy, Sell, or Wait?
- Hashrate Trends: What the Data Says
- Mining Vs. Buying KASPA
- What To Do With Aging KASPA Hardware
- How to Get Started: Resources and Guides
- Final Thoughts: Excitement for the Next Era
KASPA Mining: Where Are We Now?
KASPA mining feels like it just got a shot of adrenaline. After a stretch where prices dipped and a lot of home miners powered off, we’re suddenly seeing a 56% price jump in under a month, new features coming to the network, and a real shift in the ecosystem’s energy.
“KASPA is up 56% over the last 30 days. How you feeling right now?”— Greater Good Mining
Whether you’re still mining, thinking about dusting off those idle ASICs, or new to KASPA, there’s more reason than ever to pay attention right now.
Meet the Guest: The Community Knows Best
Every space has its OGs, and when it comes to KASPA mining, Greater Good Mining is that guy. He got in early, knows the hardware, and isn’t afraid to tell it like it is when mining gets tough.
The vibe of this talk isn’t corporate or stuffy; it’s two friends nerding out about mining, profitability, and that “should I turn my miners back on?” moment we all feel.
KASPA’s Unique Price Action
One of the craziest (and most hopeful) things about KASPA isn’t just the recent pump—it’s how KASPA tends to do its own thing, no matter what Bitcoin or altcoins are doing. Greater Good Mining put this perfectly:
“KASPA was moving on its own through the bear market. It was like having its own little mini bull run during the bear market. And I think that was one of the reasons why I was so excited to mine it, because I was doing so well through the bear market while other projects weren’t maybe doing so hot.” – Greater Good Mining
What Does That Mean for Miners?
- KASPA isn’t just a shadow of Bitcoin. Sometimes, when BTC moves, KASPA doesn’t. Sometimes, when BTC is flat, KASPA goes wild.
- During the worst parts of the bear market, KASPA mining was still profitable. That gave a lot of miners hope and a reason to stick around.
- Recent price action: After dipping to the 5.5 cent range, we saw a massive surge, with prices up over 50% in just 30 days.
The Crescendo Hard Fork: Why Miners Need to Care
A few days ago, KASPA went through the Crescendo hard fork—and trust us, this is not just dev-speak. This is a big deal for mining and the entire KASPA community.
What Changed?
- Ten times faster blocks: KASPA increased its speed from 1 block per second to 10 blocks per second. That’s faster than pretty much anything else Proof of Work.
- Decentralized blockDAG tech: Not just a blockchain—KASPA is running a proper blockDAG, which means higher throughput and scalability.
- Rusty KASPA & Smart Contract Capability: Now, KASPA can run smart contracts. There’s work underway to bring in Ethereum-style EVM compatibility. If you ever wished Ethereum wasn’t dominated by ASIC farms and huge pools, pay attention.
“Now we are at 10 blocks per second and that means we’re faster than anything else. Proof of work, fastest decentralized block DAG. Not blockchain, but block DAG. And that means we also have Rusty KASPA now.” – Greater Good Mining
Why Should Miners Care?
This is more than just “faster blocks.” It means KASPA is truly stepping up as a next-level, buildable platform:
- More on-chain activity: With smart contracts and dApps, KASPA won’t just be a transactional coin, it’ll be a platform.
- Potential for new types of transactions: Think stablecoins, DeFi, NFTs, and more—all on KASPA.
- Better mining fees: Transaction volume means more fees, and that’s a promising trend for miners.
What’s Getting Built on KASPA Right Now?
A fork doesn’t matter unless people are building on it. The future of KASPA mining is tied to the network’s ecosystem and use cases.
Projects In-Progress
- EVM compatibility: EA Labs is working on Ethereum Virtual Machines for KASPA.
- Sparkle: Bringing smart contracts to KASPA, launching as early as this summer.
- Stablecoins: Word around the community is Christian Ludwig and others are working to bring stablecoins to KASPA.
- Bridging tech: The post-fork landscape means many Ethereum dApps and tokens could be ported over to KASPA.
“Anything that can be built on Ethereum could very easily be bridged over to KASPA now.” – Greater Good Mining
Why Is This So Big for Miners?
Back in the glory days of Ethereum mining, what kept things profitable was network use—not just speculation. Transactions drive fees, and fees drive mining rewards. KASPA’s fork is building that foundation.
Stablecoins, Smart Contracts, and KRC20: What’s Coming?
KASPA isn’t just about moving coins anymore.
- KRC20 tokens: Like Ethereum’s ERC20 tokens, KASPA has a token standard for launching new assets.
- Smart Contracts: With Sparkle and Rusty KASPA, we’re about to see decentralized finance, lending, and even meme coins start to hit KASPA.
- Stablecoin Activity: The launch of a stablecoin on KASPA could be the moment this network explodes in actual daily use.
Why Transaction Volume Means Real Miner Rewards
Let’s break down why “stuff getting built” means more money in your pocket if you’re a miner:
- Miners make money from transaction fees. During high-traffic times (like meme coin launches or stablecoin deployments), block reward fees go way up.
- Consistency, not just spikes: Before, miners got a “quick burst” in rewards when something launched—then it died down. With smart contracts and real apps, there’s a chance for steady, ongoing network use.
- Ethereum in the old days: If you mined ETH during the Proof-of-Work era, you know the dream: consistent, strong transaction volumes.
“We don’t just want little burst, we want consistency. And that’s what we got back in the GPU mining days with Ethereum and proof of work and that’s what made it so profitable.” – The Hobbyist Miner
Solo Mining KASPA: Back From The Dead?
For many, solo mining KASPA had faded—in the old one-block-per-second setup, rewards were okay, but hitting blocks got tougher as the network grew.
But with 10 blocks per second now, solo mining has gotten a massive shot in the arm—especially for smaller hardware owners.
“I’ve mined six blocks in the last seven days and those blocks are worth less KASPA now. They’re worth 5.5 KASPA. But I’m able to hit blocks every day practically with my KS0 Ultra” – Greater Good Mining
Checkout this Video by Greater Good Mining on Solo Mining Kaspa
Who Should Consider Solo Mining KASPA?
- Owners of smaller ASICs: If you’re running a KS0, KS0 Ultra, or similar gear (eg. 100W or so), you can now hit blocks fast enough for solo mining to be worth it.
- Low electricity costs: If your electric rate is hobbyist grade (think 8 cents per kWh), you can profit—or at least stack—for the future.
- High hash power? For those with huge rigs (hundreds of terahash), solo mining can work, but luck plays a much larger role.
Real Results: Solo Mining Numbers
- KS0 Ultra example: 33 KASPA in 7 days solo mining (versus just 1.6 KASPA per day in a pool). That’s more than 4x what you’d make pooling… if luck is on your side.
- Hashrate matters: With more hash, your odds go up, but luck fluctuates. For many medium/large miners, math shows solo mining lands only a bit above pool mining (or less, if unlucky).
- At higher prices: If KASPA price surges back to all-time highs, even a small miner running 100W could pull in $32/month or more.
Practical Advice
“If you have a lower electric rate… you might as well put them on and solo mine with them because just as you had said, you’re going to make more solo mining with those smaller units than you are just going to go ahead and pool mine.”
To sum up: solo mining is back in business for casual/hobby-grade miners in the current network landscape. More Details
ASIC Hardware: Should You Buy, Sell, or Wait?
As KASPA’s profitability tanked last year, used ASICs hit fire sale prices. Miners who paid thousands for a KS5L a year ago are now selling them for hundreds.
Checkout this Video where The Hobbyist Miner expanded his KASPA mining farm recently.
Current Hardware Landscape
- KS0 & KS0 Ultra: Turn ‘em back on! With power draw at ~100W, solo mining can easily justify at least stacking KASPA.
- KS5L: Used to be the king, now “old,” but with low power rates and today’s price, it’s close to profitable—even just $0.50/day loss at 8 cents/kWh.
- KS7 & KS7 Lite: Announced—very little hype, limited supply, not many in the wild. This has slowed down the network hashrate growth.
- Other Bitmain & IceRiver Releases: New, but slow adoption. Market isn’t “aping in” to the latest miners like in previous cycles.
“We’re not seeing hardware manufacturers releasing hardware as fast as we did in the past… which means less hashrate. That hashrate isn’t growing as quickly now with KASPA’s price appreciation.”
Should You Buy Used Hardware?
If history tells us anything, now (when everyone thinks mining is dead) is often the best time to pick up discounted hardware.
- Fire sale pricing: KS5Ls are selling for $100-$200 apiece. A year ago, you’d have paid $4,500.
- Low risk: With low prices and the possibility of big price spikes, the risk is lower than ever.
- If you have free or super cheap power: You’re basically stacking for the next bull run at way below “market.”
“Now is a great time to pick up some used hardware. You might be too late if you wait too long to get hardware if you’re thinking about mining.”
Hashrate Trends: What the Data Says
Let’s look at the network strength—and why it matters right now.
- Hashrate dropped as miners powered off: For a bit, KASPA’s global hashrate dipped to around 900 PH/s. Now it’s bounced back to 1.15 EH/s, still well below the all-time high of 1.5 EH/s last year.
- Hardware “disappearing”: Some miners simply aren’t coming back online. Old or broken ASICs, particularly KS3Ms, may be gone for good.
- Plateaued growth: Fewer new ASICs, many people uninterested in “aping in”, and the price not yet at ATHs means growth is steady but not explosive.
“Since the hard fork and since the price of KASPA has gone back up, we’ve gone from 900 to 1.15. So there’s a little bit of a blip upwards in the hash rate there. But we’re still real close to profitable. All it’s going to take is like a few days of KASPA pumping really hard and then I think we’re back to profitable again.”
Mining Vs. Buying KASPA
The classic question: “Should I just shut off the miners and buy the coin instead?” Here’s the honest take:
- Mining supports the network. By mining, you’re helping secure KASPA, not just speculating.
- Mining builds discipline. Most of us won’t “buy the dip” every single time; mining automates the stacking process.
- Tax advantages: If you’re running a business or at significant scale, mining offers special tax strategies (writing off hardware, electricity, etc).
“People say just shut it off, just buy the coin, but I like to mine and I like to support the network… There’s ways to be profitable with crypto mining and KASPA, especially if you just look into it a little bit more.”
What To Do With Aging KASPA Hardware
Plenty of us are sitting on piles of old ASICs—KS1.5s, KS2s, even KS3Ms—which are tough to sell right now and barely profitable to run unless electricity is nearly free.
Options
- Wait for the next pump: Prices pump, and those machines become valuable again—either to run or to sell.
- Sell to miners with free power: Sometimes, the only place that hardware is heading is a farm with 2-3 cent electricity and deep patience.
- Decommission: If gear can’t run profitably and there’s no buyer, it’s time to pull the plug and look for recycling/e-waste options until the market rebounds.
“People aren’t buying them right now. So at this point I’m just kind of hanging tight until we see the market rebound and hope somebody with free power eats these things up, because that’s really all you can do with it.”
Final Thoughts: Excitement for the Next Era
It’s not every day that a network breathes fresh life into a once-fading mining scene. KASPA’s Crescendo hard fork isn’t just a technical milestone—it’s the opening of the front door for a slew of new projects, real transaction volume, and a meaningful shot at the next Ethereum-like mining era.
The Takeaways
- If you’re a hobby miner or have older KASPA ASICs, now’s a great time to plug back in—especially for solo mining.
- Used hardware is cheap as chips. If you have (or can get) good electric rates, consider stacking.
- Watch the network: real utility, dApps, and smart contracts are coming, and with them, steady mining rewards are possible again.
- Don’t be afraid to HODL. KASPA’s price history shows unusual independence—sometimes, the next big run comes out of nowhere.
Standout Quote
“The foundation’s been built, the ecosystem is now available and so I think now the front door is open for service. So that’s something that we definitely need to keep an eye on because we may see that KASPA profitability return and that price appreciation occur, which I’m definitely excited about.” – Greater Good Mining
Have you fired your KASPA miners back up? Still HODLing your rewards? Putting off that hardware buy? Drop your thoughts on Twitter and @HobbyistMiner — I want to hear from you!
Here’s to discovering what crypto mining can offer you. Happy mining!
Check back weekly for fresh new content, for the everyday miner! For more in-depth insights on this topic, enjoy the video below!
