KuMining Launches Kaspa Cloud Mining as 96% of KAS Supply Is Already Mined

By Lidia Yadlos

There is less Kaspa left to mine, and getting a share of it increasingly requires specialized hardware.

More than 27.4 billion KAS is already circulating, representing roughly 96% of Kaspa's estimated maximum supply of 28.7 billion tokens. That leaves only around 1.1 billion KAS still to enter circulation under the network's emission schedule.

KuCoin now wants to make that remaining mining opportunity accessible without requiring users to own the machines doing the work.

The exchange's cloud mining platform, KuMining, has launched KAS Cloud Mining, allowing eligible users to purchase Kaspa hashrate and receive daily KAS output without buying, hosting or maintaining specialized mining equipment.

The addition expands KuMining's multi-asset mining business and gives users another way to accumulate KAS beyond purchasing the cryptocurrency directly on an exchange.

Kaspa Mining Is Becoming More Competitive

Kaspa launched in November 2021 as a fair-launch Proof-of-Work network with no premine, presale or allocation to insiders. Every KAS entering circulation has been produced through mining.

The network takes a different approach from Bitcoin. Rather than organizing transactions through a conventional single-chain architecture, Kaspa uses a blockDAG that allows parallel blocks to be ordered instead of discarded. The network currently operates at 10 blocks per second.

That speed also means a considerable number of mining rewards are distributed every day.

Kaspa's Mining Rewards Keep Getting Smaller

Kaspa also has one of the more unusual emission schedules among major Proof-of-Work cryptocurrencies. Bitcoin cuts its block subsidy roughly in half every four years. Kaspa spreads that reduction across smaller monthly cuts.

Under what the project calls its "chromatic" emission schedule, mining rewards decline each month by a factor designed to produce an effective halving approximately once per year.

The latest reduction in August brought the reward to approximately 2.45 KAS per block at Kaspa's current 10-block-per-second rate. Another reduction is scheduled to bring that figure down to roughly 2.31 KAS.

The result is a steadily shrinking supply of new KAS available to miners.

Kaspa's annual inflation rate is currently estimated at around 3%, down from more than 6% previously, while approximately 95% of the eventual supply had already been mined by July 2026 under the project's original emission projections.

For miners, that creates a straightforward tradeoff: each unit of hashrate competes for an increasingly scarce stream of newly issued KAS.

KuMining Changes the Upfront Cost

KuMining is also changing when users have to pay one of mining's largest expenses.

Under its "mine first, pay electricity later" model, users initially pay the hashrate fee while electricity expenses are paid over the mining period rather than entirely upfront.

KuMining's current system deducts electricity charges from users' dedicated Mining Accounts, with records and balances visible through the platform.

That does not make electricity cheaper or guarantee mining will be profitable. It reduces the amount of capital that needs to be committed at the beginning of a contract and spreads some of the operating expense across the mining period.

"Mining should be accessible to anyone who wants to participate, not limited to those with the resources to purchase and operate specialized equipment," said Jolie Du, Chief Operating Officer of KuMining.

"By introducing KAS Cloud Mining, we are giving more users a simpler path into professional Proof-of-Work mining while taking another step in the expansion of KuMining's multi-asset ecosystem. Our goal is to connect professional infrastructure with everyday users through a transparent and integrated experience."

From Buying KAS to Producing It

KuMining brings the mining process into the KuCoin ecosystem, allowing users to receive, track and trade their KAS without managing separate hardware, pools or wallets.

With roughly 96% of KAS supply already circulating and mining rewards declining each month, KuMining offers users a simpler way to compete for the remaining supply without owning ASIC hardware.

Published on KuCoin

KuMining Launches Kaspa Cloud Mining as 96% of KAS Supply Is Already Mined