Kaspa – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 12 Feb 2025 02:27:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Kaspa – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 July 2024 Work Progress Report: Kaspa and Bitcoin Cash Updates https://earlybirdsinvest.com/july-2024-work-progress-report-kaspa-and-bitcoin-cash-updates/ https://earlybirdsinvest.com/july-2024-work-progress-report-kaspa-and-bitcoin-cash-updates/#respond Wed, 12 Feb 2025 02:27:45 +0000 https://earlybirdsinvest.com/july-2024-work-progress-report-kaspa-and-bitcoin-cash-updates/

July Work Progress Report

Kaspa Minimum Payout Value Update

The recent impressive growth in Kaspa’s market price, which has increased five times over the past year, has forced us to reduce the minimum payout values in our KASPA pool. This change aims to facilitate more frequent and accessible payouts for our miners, aligning with Kaspa’s increased liquidity and market activity.

  • For KASPA (KAS) payouts: 50 KAS
  • For Bitcoin (BTC) payouts: 50 KAS equivalent
  • For Toncoin (TON) payouts: 100 KAS equivalent

Bitcoin Cash Node Update

We’ve updated our Bitcoin Cash Node to version 27.1.0, which includes several enhancements aimed at improving performance and security. This update removes the BIP70 payment protocol from the node wallet, aligning with our commitment to full node security requirements. Users needing BIP70 can continue using other popular BCH wallets like Electron-Cash and Bitcoin.com.

This release also includes performance improvements and minor modifications to some configuration and command line arguments, ensuring our network remains robust and efficient.

Block Reward Reductions

Pyrin (PYI) Reward Reduction

In line with the PYRIN EMISSION SCHEDULE, the block reward for Pyrin has been reduced from 13.21 PYI to 12.47 PYI. This adjustment reflects the ongoing tokenomics strategy to ensure the long-term viability of the Pyrin network.

Karlsen (KLS) Reward Reduction

Following the Karlsen coin Tokenomics and EMISSION SCHEDULE, the block reward for Karlsen has decreased from 42.78 KLS to 41.60 KLS. These changes are crucial for maintaining economic balance within the network.

KASPA (KAS) Reward Reduction

The KASPA EMISSION SCHEDULE mandated a reduction in the block reward from 103.82 KAS to 97.99 KAS. This update is part of scheduled adjustments to control inflation and encourage healthy network growth.

All reward changes have been updated in our mining calculator at 2CryptoCalc to assist miners in recalibrating their mining strategies accordingly.

Stay connected with us through X and join our Telegram miner community for the latest updates and support.

Your success in mining is important to us, and we’re here to support you every step of the way.

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September 2024 Work Progress Report: FIRO Delisting, Kaspa, Pyrin, Karlsen Updates https://earlybirdsinvest.com/september-2024-work-progress-report-firo-delisting-kaspa-pyrin-karlsen-updates/ https://earlybirdsinvest.com/september-2024-work-progress-report-firo-delisting-kaspa-pyrin-karlsen-updates/#respond Sun, 09 Feb 2025 13:06:13 +0000 https://earlybirdsinvest.com/september-2024-work-progress-report-firo-delisting-kaspa-pyrin-karlsen-updates/

September 2Miners

FIRO Delisting

As of September 13, 2024, at 10:00 UTC, FIRO was officially delisted from our mining pool. This decision followed the FIRO project’s announcement to significantly reduce mining rewards by five times at block 958655, which occurred around September 16, 2024. The new reward distribution heavily favored Masternodes and markedly decreased miners’ shares, which did not align with our values of supporting the miner community. Consequently, we discontinued support for FIRO.

Firo Delisting

Kaspa Stable Mainnet Release & WASM SDK v0.15.1

Last month, Kaspa released a stable mainnet update focusing on enhancing mempool functionalities critical for adapting to fee market conditions. Significant features introduced included:

  • Replace-By-Fee (RBF) to allow transaction replacement in the mempool.
  • A fee estimation API based on real-time mempool states for more accurate fee predictions.
  • An updated mempool eviction policy that prioritizes transactions based on fee rate.

Additional improvements included major enhancements in the block template transaction selection algorithm and header processing performance. These upgrades made mining on Kaspa more efficient under various network conditions. Upgrading to this version was recommended to ensure stability and optimal network support.

Pyrin Network Hard Fork

Pyrin underwent a scheduled hard fork at block 27,037,930, introducing a new mining algorithm, PyrinHashV2. This change required miners to update their mining software to continue mining PYI effectively. Details on the countdown to the hard fork were available in the Pyrin Explorer.

Karlsen Update and Hard Fork

Karlsen also underwent a hard fork with the introduction of a new mining algorithm, KarlsenHashV2, aimed at enhancing network security and efficiency. Following the update, several issues were addressed, including a critical bug fix for transaction rejections that affected pool operators. The latest version included several important fixes improving transaction handling and wallet functionalities, making it crucial for miners to update their software to the latest version to avoid potential issues.

Updated Mining Software

We updated our Quick Start Archive (password — 2miners) to include the latest mining software versions to support the new algorithms and enhancements introduced in Pyrin and Karlsen:

  • Gminer 3.44
  • lolMiner 1.90
  • Rigel 1.19.0
  • T-Rex 0.26.8
  • TeamRedMiner 0.10.21
  • XMRig 6.22.0

Crypto coins on tribune

The updated mining software was essential for maintaining compatibility with the new algorithms and ensuring optimal mining performance. Downloads are always available from our GitHub repository.

As always, we supported your mining journey every step of the way. Stay tuned to our X and join our Telegram miner community for the latest updates and support.

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