Kaspa Halving and Price: What the Supply Schedule Can and Cannot Tell You

Many people search for "Kaspa halving price" hoping to learn what the next reward reduction will do to KAS. The honest answer is that nobody knows, and anyone who tells you otherwise is guessing. What can be said precisely is what the halving does to supply: every month Kaspa mints about 5.6% fewer new coins per day than the month before, and every twelve months half as many. That schedule is fixed in the node software and known to everyone years in advance. This article separates what is certain from what is speculation, and points to the measured numbers worth watching. The live reward and countdown are on our Kaspa halving countdown.

Nothing in this article is financial advice.

What the halving changes for certain

New supply per day

At ten blocks per second the network makes about 864,000 blocks a day. Multiply by the reward per block and you have the new coins per day:

• Month 54 (from about 4 November 2026): 1.94454365 KAS per block — about 1.68 million KAS a day.
• Month 55 (from about 5 December 2026): 1.83540480 KAS per block — about 1.59 million KAS a day.
• Month 66 (about a year later): 0.97227183 KAS per block — about 0.84 million KAS a day.

Each monthly step removes roughly 5.6% of daily issuance; each year removes half. These numbers follow from the reward table in rusty-kaspa and are explained in the emission schedule guide.

Miners' revenue in KAS

Miners share the block reward in proportion to their hashrate. When the reward drops by 5.6%, a miner with an unchanged share earns 5.6% fewer KAS. Whether that is more or fewer dollars depends on the price, which the schedule does not control.

What the halving does not change

• The amount of KAS already in circulation. Nothing is burned or locked.
• Demand. The schedule only governs how fast new coins appear.
• The date being a surprise. Every step's DAA score has been computable since the deflationary phase was defined.
• Transaction fees. Fees are paid by users and depend on how busy the network is, not on the subsidy table. As the subsidy shrinks, fees become a larger share of miners' income, but a reward step does not change what a transaction costs.
• The network's speed. Blocks still arrive about ten times a second; difficulty adjusts to the hashrate, not to the reward.

Why a known event is hard to trade

Markets generally try to price in information that everyone already has. Kaspa's reward schedule is about as public as information gets: the table is in the open-source node code, the formula is reproduced by the official REST API, and countdowns like ours show the next step to the second. A reduction that everyone can see coming years ahead does not carry new information on the day it happens.

That is the main difference from how Bitcoin halvings are often discussed. A Bitcoin halving is one large, rare step, and it has become a focal point for stories and expectations. Kaspa's steps are small and monthly; there is no single day for the market to focus on. Whether that makes Kaspa's price more or less sensitive to its schedule is an open question that this site does not try to answer.

The supply-side argument, stated carefully

The common argument goes like this: miners sell part of their new coins to pay for electricity and hardware; if fewer new coins are created, less of that selling reaches the market. As far as it goes, the arithmetic is right — fewer new coins means fewer coins that miners could sell. But it does not tell you:

• how much of their reward miners actually sell, or when;
• how demand changes over the same period;
• how many coins existing holders buy or sell for their own reasons.

Each of those can outweigh a 5.6% change in new supply on any given day. So the schedule is a slow, predictable background force, not a price forecast.

Numbers worth watching

If you want to follow the supply side with data rather than stories, these are the figures we measure or compute, and where to find them:

Our charts are drawn only from samples we collect ourselves every ten minutes; they start on the day the site began collecting and never fill in the past.

Hashrate after a reduction

A frequent question is whether hashrate falls after a reward step. Mechanically, a 5.6% smaller reward makes the least efficient machines slightly less profitable at a given price, and some may be switched off. But new hardware, electricity prices and the KAS price usually matter more over a month than a single step. The only way to know is to look at the measured hashrate before and after — which is why we chart it from our own samples rather than quoting someone else's opinion. The Kaspa mining in 2026 guide covers the hardware side.

Supply growth over the years

It helps to look at the schedule across several years rather than one step at a time. Using the table values at ten blocks per second and 864,000 blocks a day:

The dates are estimates from exact DAA scores, and the per-day figures assume the ten-per-second target. The direction is the point: daily issuance falls by half every year, steadily, without a single dramatic day. Each year the new supply is also a smaller fraction of the coins already in circulation.

Market data on this site

We show the KAS price, market cap and 24-hour volume from CoinGecko's public API, and when CoinGecko cannot be reached we fall back to the price alone from the public Kaspa REST API. A figure that cannot be fetched is left blank. We never draw a price line through gaps, extrapolate a trend or show a target.

Avoiding misleading "halving price" pages

Some pages show a "Kaspa halving price prediction" next to a countdown that is computed on Bitcoin's four-year schedule. Two things are wrong at once: the date is not how Kaspa works, and a price prediction is not data. Three questions help sort useful pages from noise:

1. Does the page say which DAA score its countdown is counting to?
2. Does it distinguish the monthly step from the yearly halving?
3. Does it label predictions as opinions and measurements as measurements?

Glossary for price discussions

• Issuance — new coins created per day by the block reward; for Kaspa it falls about 5.6% each month.
• Circulating supply — coins that exist now, as reported by the public Kaspa API.
• Maximum supply — the API's figure for the total the schedule will ever create, about 28.7 billion KAS.
• Priced in — the idea that information everyone already has is reflected in the price; an opinion, not a measurement.
• Hashrate — the computing power securing the network; it adjusts to price and costs, and difficulty adjusts to it.
• Monthly step / yearly halving — the two horizons of Kaspa's reward schedule; neither is a forecast of anything except supply.

When you read a "Kaspa halving price" claim, map it onto these terms. If it cannot say which of them it is about, it is probably not saying much.

Our recommendation: For a range of market views on Telegram, these channels are worth comparing: @cryptoresearch, @Altcoin_News_Today, @Crypto_MarketWatcher and @Digital_Asset_Daily. None of them — and nothing on this site — is investment advice; compare several sources.

Frequently asked

Will the next Kaspa halving make the price go up? Nobody can say. The reduction in new supply is certain and small per step; the price depends on far more than new supply.

Is the halving already "priced in"? The schedule is public and has been for years. Whether markets fully reflect it is a matter of opinion; the information itself is not new on the day of a step.

When is the next step? See the live Kaspa halving countdown — the exact DAA score and an estimated time are shown under the clock.

Summary

• Each monthly step cuts Kaspa's new supply by about 5.6%; each year halves it.
• The schedule is fixed and public, so a step carries no surprise on the day it happens.
• Price depends on much more than new supply; no one can tell you what a step will do to it.
• Watch measured numbers — reward, issuance, hashrate, supply — rather than predictions.

Follow the next step and the yearly halving on the Kaspa halving countdown.