- Increase in Miner Revenue
- Capabilities of KRC-20 Tokens
- Statistics and Current Market Status
Mining Kaspa has become essential for maximizing miner profits. Following the launch of KRC-20 tokens on its mainnet, the on-chain activity increased significantly, leading to higher earnings for miners within 24 hours.
Increase in Miner Revenue
The increase in miner revenue can be attributed to the new capabilities that KRC-20 tokens bring to Kaspa. Users can create and manage their tokens similarly to ERC-20 standards on Ethereum.
Capabilities of KRC-20 Tokens
With KRC-20 tokens, developers and users can create digital assets, decentralized applications (dApps), and tokenized representations of goods. This allows for seamless interaction between tokens, applications, and smart contracts on the chain.
Statistics and Current Market Status
For example, the block with ID 90105662 rewarded miners with 441,501 KAS, approximately $74, with only 1% effort. This indicates that the block was relatively easy to mine compared to others. Currently, the price of Kaspa (KAS) is hovering around $0.17 USD, with significant trading volume over the past 24 hours.
Kaspa continues to establish its presence alongside other cryptocurrencies in the Proof of Work market. As the KRC-20 tokens gain traction, miners are likely to benefit further.
