Kaspa was at 65% emission when ASICs hit retail markets (and around 70% when they actually shipped), so it is mathematically impossible these ASICs mined “most coins”.
— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) August 13, 2024
### Shai Wyborski Addresses ASIC Mining Misconceptions Surrounding Kaspa
In a recent tweet, Shai Wyborski, also known as Shai Deshe, a noted PhD candidate in quantum cryptography and one of the core developers of the Kaspa blockchain, clarified misconceptions regarding the impact of Application-Specific Integrated Circuits (ASICs) on the mining of Kaspa coins.
In his tweet, Wyborski emphasized that when ASIC miners entered the retail market, Kaspa was at a 65% emissions rate, and approximately 70% at the time they shipped. He pointed out that this statistic makes it “mathematically impossible” for these ASICs to have mined “most coins,” a clarification that sheds light on the ongoing debate about the influence of ASICs in the Kaspa network and the broader cryptocurrency market.
This information is crucial for the community, as misunderstandings about ASIC mining can lead to misinformation regarding the distribution and availability of coins within the Kaspa ecosystem. Wyborski’s insights aim to foster a more accurate understanding among investors and users about the dynamics at play within Kaspa’s mining landscape.
As a prominent figure in blockchain technology and a dedicated researcher, Shai Wyborski continues to play a significant role in the development and integrity of the Kaspa network, ensuring that the community is well-informed and prepared for the future of cryptocurrency.
For the latest news and resources on Kaspa, be sure to visit Kaspanews.net, the best site to stay updated on all developments within the Kaspa ecosystem.