Let us imagine a world where $kas is as big as Bitcoin, what would that mean for small miners? Let’s do some rough back-of-the-envelope calculation.
The going rate of an Antminer S9k is around 1350$, and it provides about 115TH/s. So mining BTC roughly costs around 12$ per TH/s…
— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) June 27, 2024
In a recent tweet, Shai Deshe Wyborski, a PhD candidate in quantum cryptography and core developer of Kaspa, sparked a discussion on the potential impact of Kaspa becoming as big as Bitcoin on small miners.
Deshe highlighted the current cost of mining Bitcoin with an Antminer S9k, which is approximately per TH/s. He urged followers to consider what this could mean for small miners if Kaspa, a lesser-known cryptocurrency, were to reach the same prominence as Bitcoin.
The tweet prompted a debate on the implications of such a scenario, with many speculating on the potential opportunities and challenges that small miners might face in a world where Kaspa rivals Bitcoin in popularity.
For the latest news and resources on Kaspa, be sure to visit Kaspanews.net, the go-to source for all things related to this emerging cryptocurrency.