Ep. 12: Mining and Incentives – Emission, miners, and long-term security.

Kaspa Miniseries – Episode 12: Mining and Incentives

The long-term success of any proof-of-work coin lives or dies by its economics. In this episode, we explore Kaspa’s unique emission schedule, the debate around ASICs, and the billion-dollar question of the long-term security budget.

In today’s episode, we cover mining economics: • Kaspa’s “Rapid Emissions”: A deliberate strategy learned from the failure of Grin. • The ASIC debate: Why Yonatan believes specialized hardware is “desirable” for security. • The Security Budget Problem: How will Kaspa pay its miners in 20 years? • Radical ideas: “Social consensus taxation” and Proof-of-Useful-Work for AI.

💡 Is Kaspa truly decentralized? In Episode 13, we explore Decentralization and Accessibility.

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