TOKENOMICS

The blockDAG architecture – with rapid block rates – allows more mining decentralization and enables effective solo-mining even at lower hashrates. Fair-launched in November of 2021 with no pre-mine, zero pre-sales, and no coin allocations; Kaspa is 100% decentralized, open-source, and community managed.  The max supply of Kaspa is 28.7 Billion coins with an emission schedule that halves once per year via smooth monthly reductions by a factor of (1/2)^(1/12).

First mining was done on CPUs, during the initial month of the mainnet. By December 06, 2021 one of the community members wrote and released the first-ever open-source GPU mining software for Kaspa 

For almost one and a half year, Kaspa was primarily mined using GPUs, and at some point, also using FPGAs (the exact date of their appearance is unknown because public FPGA bitstreams emerged much later than individual community members started talking of their FPGA mining).

On April 13th, 2023, the ASIC era began when a representative of the IceRiver company joined the Discord server and presented their product lineup.