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In this video, I explain why I officially turned off my Bitmain KS5 Pro Kaspa miners, break down current Kaspa profitability, network hashrate, emission schedule pressure, and why — at these prices — buying Kaspa may make more sense than mining it.
With Kaspa hovering around $0.03, Bitcoin under pressure, and the Fear & Greed Index near historic lows, many ASIC miners are being forced offline. I walk through my exact reasoning, electricity costs, and why I’m reallocating hash power to other networks instead.
This is not a hit piece on Kaspa fundamentals — it’s a reality check on mining economics during a deep market downturn.
🔍 Topics Covered
– Kaspa price crash & mining profitability
– Why KS5 Pros are no longer viable (for me)
– KS7 vs KS5 Pro earnings comparison
– Emission schedule & network hashrate pressure
– Mining vs buying Kaspa
– Mine-and-hold vs auto-convert strategies
– Why many ASIC miners are shutting down in 2025
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💬 Let Me Know Below
Are you still mining Kaspa?
Did you turn off your KS5 or KS7 miners?
Do you have cheap power or solar keeping you online?
And… should I give away a KS5 Pro? 👀
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Chapters:
0:00 Turning Off My Kaspa Miners
0:18 Kaspa Price Crash & Market Turmoil
0:34 Why I Didn’t Buy KS7 Miners
1:01 KS5 Pro Profitability Breakdown
1:49 Turning Off the KS5 Pros
1:56 Video Sponsor: PowerPool.io
3:08 GPU & Other Miners Still Running
3:49 KS5 Pro ROI & Current Resale Value
4:38 Kaspa Network Hashrate & Emissions
5:23 Kaspa Price History & 2025 Downtrend
6:06 Bitcoin Crash & Fear Index at 11
6:23 Why I’m Not Mining Kaspa Right Now
6:49 Buying Kaspa vs Mining It
8:10 Virgin Coins & P2P Discussion
8:52 KS5 Pro End of Life
9:09 KS7 Profitability at Different Power Costs
9:53 Expected Hashrate Drop Ahead
10:15 Bitcoin Controls Altcoin Mining
11:17 Miners Turning Off Across All Networks
12:06 Mine & Hold vs Auto-Convert Strategy
12:52 Switching Back to Dogecoin Mining
13:26 Why I’m Not Mine-and-Holding Kaspa
14:02 Falling Knife Market Conditions
14:31 Bear Market Reality Check
15:19 Final Thoughts on Kaspa Mining
15:33 Question for Kaspa Miners
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DISCLAIMER: Red Panda Mining is not a financial advisor nor an expert. This is not financial advice. Everything said in this video is an opinion. The statements in this video are not investment advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing in Crypto Mining. Never invest more than you can afford to lose. Red Panda Mining is not responsible for your losses or gains as a result of buying, selling, trading, or mining cryptocurrencies.
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