KASPA Mining… Let’s talk about it

[Music] he [Music] [Music] n [Music] [Music] n [Music] [Music] f [Music] d [Music] [Music] [Music] to [Music] good morning Bros welcome to the live stream what's up bro Steph get rid of the heart okay let me get rid of the heart hold on hold on uh where's that thing live reactions all right it is now gone there smash the like or Bitcoin will go to 10K thank you thank you streamlabs thank you okay guys so great a good mining what's up man welcome random minor welcome a pirate welcome mining of the north Scott Sheffield P mining random Miner 20 GP rig shes schnees welcome Financial failure with the five gifted Subs bro crazy thank you thank you bro backwards Miner Curtis marus DJ biscuit mining of the north and Scott a uh no and bacon eggs and hash congrats mining of the north already has [Music] one thank you finantial failure write off all these gifts as advertisement uh pretty much thank you Financial Fair thank you man thank you thank you so much I I do that as well super chats when I Super Chat someone else it's it's a it's an adverti I do advertisement so I can expense super chats yes I do I do the same thing okay so guys I wanted to this is this is all about I just wanted to do Caspa just just just a Caspa Casa Liv stream I I said I said like like two or three weeks ago I do a dedicated Caspa live stream and some of you guys wanted me to do it and I said I'd do it and so here it is okay we're just we're just going to talk about Caspa but before I do that there was one massive one massive Bitcoin block that somebody sold almost a, Bitcoin and that apparently caused the recent crash that we had uh just a day ago when it went down to 63 63 $61,000 Bitcoin it was because of this transaction Bitcoin from 2010 finally moved from 2010 Bitcoin from 2010 almost 1,000 Bitcoin moved just just just in Insanity just Insanity oh my goodness 2010 Bitcoin from [Music] 2010 jeez man dude that is that is insane that was in Block specifically that was in Block 83329 19 a total of 1,330 Bitcoin almost $89 million were sent in a block average transaction being 2.5 uh BTC 172,000 along with those 15 uh 50 Bitcoin ,000 Bitcoin Insanity Scott Sheffield we need to find that person they might have a time machine mining of the north I remember I sent hundreds of BDC back and [Laughter] forth CH change what's up man CH change how are you welcome to the live stream welcome to the live stream bro okay so apparently this was the cause of that crash I don't know if that's actually the cause of that crash we had yesterday um of that of like a thousand bit coin being sold on Market if it caused that crash but maybe it probably did that's like hello hello there we go oh my God this this go XLR I swear this thing is broken all right I'm back sorry sorry um okay so yeah I thought I'd start off with that okay Caspa only all right we're going to talk about Caspa we're going to talk about miners we're going to talk about just the recent I would say there's a little bit of a there's a little bit of a dump on c not not not that much I mean probably a lot depend how depends how you look at it but in reality in hind not hid and side not reality but just looking at overall I mean kaspa's still very still on an uptrend major major uptrend so there there's a lot of new basic models a lot of new Caspa uh you guys have probably seen and heard already uh what the bitmain ks5 pro uh the IB link bmks Max that came out not too long ago and then ks5 Pro and ks5 came out just shortly after they're just like bit M's just like if I could do a DJ if I could do a DJ reaction of of trying to put a thing on my desk you know just IB link bmks Max came out a week before then bitm comes in and just comes out with a double hash rate double the efficiency Caspa Miner like a week literally a week after I think it was announced like a week after iink came out and then the ks5 came out just uh they said hold my beer exactly exactly bit main said hold my beer and they're like all right well they just destroyed the iink destroyed the wind Miner uh and Ice River obviously ice river is uh you can see the ice River as6 are are are falling behind now in terms of efficiency a bit not not a lot I mean it's it's nothing it's nothing crazy I mean these things are still are still um I hate to say it profitable but it's because the hash rate hasn't gone up enough to take advantage of the profitability of of Caspa and a lot of people I heard recently A lot of people saying like you know it's this is going to be a uh this is going to be a uh Caden event and no it hasn't it it hasn't been it hasn't been a kadana event yet because these these huge Caspa miners have been prominent for more than a couple weeks like you're you're $85 a day $100 a day uh these Casper miners have been been really good for a long time more than five months six months now or eight months ever since these came out I mean it's been it's been really good retro mic thank you for the donation good sir did that play on my thing uh I don't see I think my my stream L is Tech wants to get into Asic tuning business can weart a GoFundMe to get him an Asic or 100 ah retro mic terrible terrible there it is um I got to drink my coffee on one sec oh wait I ran out of coffee oh my God I drank my whole coffee already oh that's not good superal wants to get into the as tuning business that's that's can we start me to get him an as or 100 thank you thank you not your mike um if I could pull it up here hold on just the Caden Network cash rate versus the uh sorry the Caden price Caden's price and uh Network hash rate there's no correlation there's there's no correlation at all um the reason why kadana was destroyed a lot of the other Asic miners okay is because the price just was going down drastically within that next month when those k3s came up there was about 400 or 500 k3s that came online and they were miles miles ahead in terms of efficiency okay um okay Grant double okay Grant okay it's not miles ahead but they were a pretty drastic jump especially in hasher so comparing it to Caspa if we were thinking like you know the k3s we going to rule out the k2s or ks1 it's not like that yet it's not like that yet because these k2s and ks1 they're still making over 18 you know 150 $100 a day $800 a day $1,200 a day but the kadana the kadana A6 they only the k3s when they came online all the other A6 all the other I remember this I clearly remember this all the other as6 like the bmk 3 uh K3 uh KD boxes all the gold shells a few weeks later it was it was gone the profitability for those gold shells were gone uh this time it's it's there's no correlation because Casa is still going up still still in an still in an uptrend in my opinion it's still still in an uptrend um so there's no there's no no comparison there it's it's it's totally different this time um also if we're on the brink of the Bull Run um The Narrative is is different okay so I'm going to have to say it's not it's not a it's not a Caden uh it's not a cad incid uh Cadena event do you guys agree or no am I am I spewing BS or what let me start a poll here is kaspa going the way likea with the k3s yes no start a pole all right starting a [Music] pole and okay uh another thing okay regarding Caspa here okay so since we've had a little bit of a a downturn um on Caspa and I'm going to have to say it's because of this this gentleman right here and following on X okay I've been following on X and uh there is a lot of noise regarding Da Vinci Jeremy he's a one one of the dudes who told you to buy Bitcoin when it was $1 in [Music] 2011 some of you guys may know this some of you guys may know this guy uh but he says it's about a day ago about a day ago he was uh tweeting out that Caspa was um here he him and him and Shai uh Shai is the uh head or the head Developers for Caspa and he says he said here it all started here okay um he said hard Forks are a change to consensus to such an extent that all clients must upgrade to continue transaction on the cryptocurrency network the issue is that there seems to be no point to proof of work if the live system can be forked by a development team this is because proof of work prevents changes to history through Brute Force however brute force can alter history if a nation state compels a development team to modify the history since hard Forks are common for the project most people may not scrutinize the changes introduced by the hard Fork they may assume that the developers are acting in the Project's best interest this presents an issue with hard forking in the short term it may seem fine as nobody will compl compel uh the developers to do anything however in my humble opinion this approach may not be sustainable in the long term especially when the governments become desperate for solutions to access other people's wealth then Shai responds uh here let me read this uh I'm not going to read this whole thing but he he disagrees with what with what he said and then going along the biggest thing is the reason why caspy has been going down in price is because uh he says Da Vinci said in my opinion Caspa does not solve the trilemma however the Caspa coin still adds value to cryptocurrency space and I do look forward to the Innovative approach the development team comes up in the future so this this guy single-handedly has been causing some of the the Caspa downturn price here okay there's been some noise on YouTube as well from what I saw and there's a lot of there's a lot of noise regarding this so so that's why I'm that's kind of what I'm correlating here with Casa going down but you know bitcoin's kind of bitcoin's 70 67k now that's nice that's nice fud he so he can buy more yeah probably probably that's probably okay I'm seeing a lot of people here I'm sorry everyone thank you for joining smash the like we're just talking about Caspa today because I promised a Caspa only live stream the technicals considering selling all my as6 while I get a premium for them please validate my rationale the technicals you want to sell your as6 now now like which ones the the Bitcoin ones um he don't have a clue what he is saying I bet in the past to buy Bitcoin one thing and right Neon right great balini what's up it's been a minute since we check great balini how are you bro how are you um like smash so BTC don't go to 10K or call me stupid everything except everything except the S21 um yeah the technicals uh it's hard to say bro bro it's hard to say I don't know I don't know if Bitcoin is going to go to 100K 150k 200k I I'm I'm I'm hopeful I'm hopeful for that but if it does then your s9s will still be good at 19 at you know 150k Bitcoin 200k Bitcoin uh for mining that is so if that comes if that day comes then you could flip it you could flip them a little bit more you could you could flip you could flip those uh Bitcoin A6 for a bit more um hard to say bro I I I don't know I can't I I can't I I'm not going to give that Financial advice bro I'm not going to give that Financial advice um everyone's going to have an opinion but it all stems on the belief of if Bitcoin is going to go to 100K 150k that that's it that that's the end that's the end all be all the technical thank you for the financial it's not Financial advice damn it it's not it's not fin it's not Financial funds H okay this is this is only supposed to be a Caspa stream okay I would love I would love to show you an example I'd love to show you the Bitcoin coin uh like uh calculation this is we're just talking about Caspa today I promised Caspa only okay going back going back KS Z is a brick now oh man I have okay guys I've th this is this is a tough one okay this is a tough one for me um regarding you know people asking with panda shoot should we buy should I buy a ks0 or ks1 or ks2 or ks3 bitm ks5 it's there's a lot of things here there there's there's a lot of things here okay donated 14 South African R through Super Chat give don't tell don't tell BP mua thank you for the donation sir just saw that now thank you bro uh okay um are you trying it out thank you for becoming a member bro thank you okay ah okay so let me hold on let me bring up something um ks0 August 23 okay so I I have okay so this is this is a very small example okay I'm just I'm just going to give you guys some just some perspective here so I have a ks0 nonpr this is overclocked granted um but it has mined its money worth already okay almost 7,000 Caspa okay this thing was about $900 I think back in August this is when I started mining it August um uh payouts here I can show you the exact uh first payout was August 24th August 24th so that was in August this was I believe the third batch or fourth B fourth batch ks0 uh so it's gotten its money back now another example I'm just going to keep going here um I have a ks0 pro um let's go here okay ks0 Pro this is is one bot in started mining um let's see end of November roughly no maybe mid November mid November this thing started mining ks0 Pro mid November of 2023 this is mine thus far 2,000 Caspa so far total paid 300 as of right now this bag is worth $35 Stephen thank you for the 14 months bro ksr is still profitable what is the ROI on a KS Z versus Roi on an s9k hold on just a lot of things to talk about here Bros I have so many things I I I I'm going to go through this whole live stream is just about Caspa okay I'm just going to speak my mind here and as we go along okay this is not not Financial advice I'm just I'm just speaking from like previous previous coins experience okay this is not relating maybe not relating to specific coins but just just my feeling okay it's just it's just a feeling okay so this one I got mining back in uh mid November of 2023 right so it's been about how many months is it now it's March right January February March uh December October so it's been about pretty much five months four three four and a half months this thing has mine $35 worth or 20024 Caspa so that was November batch okay next one next example I have a ks3 um let's go here I have a ks3 okay ks3 M sorry ks3 M this one I started mining January 7th of uh 2024 um this year uh payouts all right show you guys I'm not lying okay first payout I got was January 8th 2024 500 Caspa okay going back here total since January 7th January 8th of 2024 literally 3 months ago now it's pretty much 3 months ago as of today as of today 3 months ago this ks3 m has mined now 30 3576 $3,576 the initial price of this was $9,000 okay $99,000 uh but in in terms of the yield the Caspa it's mined is$ 23,5 120 Caspa okay 2 23520 Caspa so the idea here now I haven't sold any okay I'm just going to be holding this I'm going to do the method the mining strategy of holding and selling until a hit Break Even or you know the future price appreciation of Caspa so the idea here is that this that Caspa could go to a dollar or more who knows not Financial advice but that all stems from the market caps the General market caps of when the Bitcoin Bull Run especially altcoin season comes around for all of these coins not I'm just not talking not Cas not just Caspa but a lot of coins in this General market cap in this range was about a 7 or 8X from here from where it is now okay in terms of the market cap right now there's potential there there's potential that we could see a dollar okay I'm not saying it's going to happen but that is the that's my that's that's my strategy here okay so if Caspa did go to a dollar this 23520 Casp I have here would be theoretically worth $23,550 okay CU I'm holding it so I would break even on the initial 9,000 and of course my electric of it would definitely be paid off as well so that's that is that is the whole idea here of mining and hold it so it comes to the the conversation what about buy so what about a ks0 okay what if I were to buy a ks0 right now KS Z Pro um so right now I yield on one of those and actually you know what I can get the exact yield because I have one mining by itself um here okay this one by itself is earning me about 12.6 Caspa a day okay 12.93 roughly last 24 hours on two M a177 us or 11.6 kaspa so right now it's think about it if if you're going to be mining with one of these things right now and of course the network hash rate is climbing uh you are getting about you could theoretically think about it that I'm getting about $112 a day one of one of these things if you are mining and holding that is okay if you Mining and holding that's the whole that's the whole idea here okay and I have I have many I have many Asic examples of buying as6 and then Mining and holding and breaking even just by Mining and holding they break and even a lot faster than if you were to sell every day okay so right now how much is a k zero Pro how much is a k z Pro right now 400 bucks 400 bucks for those so in terms of people thinking about oh you know the daily profit okay $2 oh what's 400 what's 400 um divided by two bucks okay 200 days it's still a year less Roi okay or break even uh what let's see but the the idea here is to mine Caspa with these things um so if I'm yielding about if I if I yield about almost 300 to 378 kaspa a month on a KS zero and Caspa went to a dollar you could theoretically break even on this in less than a month in theory because the yield that you're Mining and holding you're waiting for the price appreciation of Caspa to go up so that's that's the whole idea here okay with with mining Caspa or mining anything actually um I have millions of videos okay you know what I was going to do another video of um of uh doing uh Break Even uh break breaking even which asex have I broke even on I I'm going to go through that right now hold on let me find something Asic Adventures okay here it is okay I have a playlist hold on let's go here okay I have a I have a playlist here um let's see here okay I'm looking for the I'm looking for the uh the breaking breaking even uh videos okay so and timing is everything okay timing is everything but uh let's see here uh 3 months Okay so I have too many way too many videos way too many okay okay the IB link okay the cad Asic beginning of the bowl run in 2021 the IB link bmk1 broke even in 69 days it got its money back in 61 69 days just by Mining and holding um another one okay so every all the money all the profit after that this thing was was churning out CAD like mt right that's one example um another example um let's see okay uh the in a silicon A10 Pro this one broke even mining ethereum in 3.5 months just by just by Mining and holding that that got its money back its initial investment back in 3.5 months um let's see what's another one let's keep going here uh okay all my seia coin m i I was supposed to do a video about that but all pretty much all the seia coin miners I got my money back already just Mining and holding seia coin I I'm trying to I'm trying to export all the wallets for seia coin I have them all over the place um let's see iink profitability we okay all the Jazz yeah the x41 U has definitely got its money back now um what other one okay there's another one this is the A10 nonpr I think that's got its money ethereum yeah this one got it money back that's ethereum anyways you guys get the point there there are many okay timing is everything here because we're on the we're pretty much we're nearing new alltime highs or we have hit alltime High uh Sasha told the best way for new miners is to buy 1 k z Pro and for the same amount buy cpun see which one will mine the same amount Sasha Sasha Toco at at any okay it time yeah timing is everything bro so whenever in whichever point in time you bought Casa for instance um it probably would have been better so if you bought Caspa way down here for for $1,000 instead of a KS zero yeah you you would have done better you would have done better but you think about you know that's a totally different investment it's a totally different strategy investment strategy buying the coin versus buying hardware and mining with mining if you're running as a business which hopefully most of you do you can depreciate the hardware you know you can lower your taxes by depreciating the hardware so you've essentially got that Miner for free now because it's turn it's turning an it's turning profit and income which you have to pay taxes on granted but after that you have a minor that could potentially still continue to make you money after it's paid off off so it's it's a win-win it's a win-win situation here um in terms of mining uh for mining for buying Hardware uh when you run it as a business you can expense everything from your electric your internet your phone your whatever everything everything that you buy you essentially can you know you know have a uh you can essentially lower your taxes by buying the hardware and expensing and depreciating it so it there's a lot of a benefit there okay I'm I'm I'm I'm not a tax adviser I'm not a CPA you're going to have to do your own research on that but I'm just saying there's a lot of benefit there's a lot of benefit there uh to running a business as a crypto as a crypto Miner um definitely go talk to a tax professional about that okay so okay uh [Music] um but arguing arguing the the strategy of buying the coin or mining it's two separate strategies I I'm I'm not here to talk about buying I never buy the coin I am a crypto Miner wholeheartedly you all know that so anyone who keeps saying just buy the coin then why are you in crypto mining why are you in this live stream why are you watching crypto mining content if you're going to keep saying buying the coin is going to be better than mining then stop just just don't crypto mine don't it's a totally different investment strategy that it it's there's going to be people that are going to buy the coin there's going to be people that are going to mine there's two different strategies and as long as you're and as long as you're doing that uh depending if you're running as a business or a hobby the crypto the strategies there are variable okay it's going to be dependent on your situation and all that stuff so stop I'm right I'm putting my hand my foot down you can't see it but putting my foot down man okay buying the coin and crypto mining two different strategies can I Crypt mine stocks can I just buy stocks no you can't Crypt mine stocks that's totally different investment strategy you're buying the coin you're buying the stock it's the same idea there okay that's that's totally different totally totally it in totally different different okay I'm I'm sticking to just crypto mining here okay I'm already actually I'm already doing you guys know this I'm already doing a test a theoretical test of um of buying the coin versus mining the coin so far the buying the coin is doing uh like 10 times better but timing and you you guys have probably seen that live stream already it's doing way better buying the coin versus mining it's doing 10 times better because when I bought that coin October 8th and when I started this test October 8th was pretty much that month of when everything was low uh for clor for uh DX flock Ergo Neo neoa especially they've all gone up you know a lot more than uh a lot more than mining the coin so just just understand it's it's it's a different strategy here sure you could make more buying the coin but timing timing it is timing is everything here okay the crypto mining way it's it's a long-term it's a long-term game you're not it's not a getrich getrich quick scheme okay it's it's it's totally different if you're here to just keep saying oh buying the coins better then then then just stop just just stop just stop crypto mining bro if you if you're just going to keep buying the coin then go for it you don't need to you don't need to put you don't need to force your you don't need to force your opinion that that that type of a strategy upon crypto miners that that want a crypto mine it's a totally different strategy if that's the way you want to do it then go for it why are you wasting your time crypto mining then just just buy the goddamn coin then it that's it that's all I wanted to that's all I I wanted to have my rent there okay all right Sasha Toco I said I said the best way is to do both Mining and buying I Am A Min Miner and a buyer for seven years oh that's great that's great if you can do both that's great that's great I I focus I focus on crypto mining only that that's really that's really the only that's my my brain power my mental capacity is all in is all in crypto mining I I I I don't invest I don't do the investment strategy of buying the coin I always I always mine okay mining mining is a thing I love everyone that's here right now obviously loves crypto Mining and you guys are here for a reason and obviously you guys find Value you find Value in crypto mining so whether or not you're going to be mining or buying it's it's two different ways but on this channel I only strictly talk about mining okay all right back to Caspa and one thing one more thing buying the coin hindsight 2020 okay hindsight when buying the coin you have no I would say you have no physical tangible product that you can resell later so that's why I think with Hardware you have a lower risk in buying Hardware because you can always resell that later on okay if the coin decides to go to zero you have nothing the amount that you bought it could just go to zero but counterargument to that is buying the coin versus buying a crypto mining Hardware both of those both of those crypto M both of those strategies buying the coin or buying hardware for mining the same idea applies that you believe that the coin is going to go up in the future so that's that's really the same that that that goes that's the same the same idea so there's there there is an argument against that there but anyways back to crypto mining yes let's talk about resale value no retro mic no you tell them RPM buy the damn coin damn it crypto Miner for [Laughter] life it's a sad fact it's a sad it's a sad reality that crypto mining is a zero sum game it's it's sad it's a sad it's a sad fact um and people who don't know what zero sum game is zero sum game is a situation often cited in game theory in which one person's gain is a equivalent to another's loss so the net change in wealth or benefit is zero a zero some game may have few as few as two players or as many as millions of participants so the more people that obviously get into crypto mining it's it it's it's going to depending on you know how profitable things are I mean you guys have seen it like profitability um with like gpus for instance like can you know during the bare Market we're like oh man we're thinking there's too many GP miners right now everyone's flooding the market with GPU Mining and yeah you know you could argue that but the same idea applies with maybe Caspa mining you know there could be uh there could be more there could be more of these companies like bitmain ice River IB link coming out with more of this Hardware that's going to flood the market and in turn if the price of Caspa doesn't go up then there's going to be that equilibrium right there's there's a zero some game there where um if there's too much Hardware it's it's going to it's going to start to be unprofitable right it it happens bro it happens red panda did you just Kobe yashi marumi yes yes Scott jinx as I said the other day Panda one person profits another invests unwisely yeah yeah I mainly mind but I had a chance to buy some BTC back when it was 40K I'm glad I did that now right right BC right I'm not I'm not discrediting that I'm not going to discredit buying the coin all right the timing is everything okay there is there timing is everything when you buying versus mining if we're going to compare it that way there's there's no doubt that if you bought crypto in the past couple months um especially back in September when Bitcoin was maybe 25k and you bought Bitcoin then you're doing really well now your your investment here is double so that's that's pretty good that's pretty good okay I have one question why don't ice River and bitm all these suppliers keep A6 to themselves if it's profitable um that's a great question um but they okay so bitmain here's what's here's what's happening and this is this is this is a very this is a this is just a conspiracy okay this is just a conspiracy okay bitm um bitm has ties has some some type of tie to Caspa um and with all the money that has been flowing into Caspa over the past 8 months and and and at the same time um these Casa miners started coming out ice River um started coming out now whether bitm and Ice River are the same company subsidiary um couple of people from bitmain decided to make a new company ice River who knows but there's a conspiracy that bitm they have been providing the liquidity into Caspa then in turn are selling these types of these they're selling these miners so they're kind of wash ing washing some crypto whatever they have and into Caspa and in turn they are selling these miners to us so they're legitimately making money by people sending them fot cash whatever in legal in a legal way that they are they have a legitimate business so bitmain obviously is a Chinese company um whether or not you believe they are controlled by the CCP or not I'm not going to I'm not going to go there but there's there is there is a correlation to companies like um even gold shell and seia coin You could argue that um the recent seia coin pump we've seen uh bitmain and uh gold shell just released a new seia coin Miner IB link sorry IB link released a new seia coin Miner um and it at the same time seia coin started pumping the exact same time they they released and announced their new gold shell A6 uh the the SC seia coin Miners and at the same time seia coin was pumping so this is just this is just a this is just a just a conspiracy just a conspiracy but whether or not bitmain is the one that they're just trying to provide a legitimate business and you know manipulating the market by pumping the coin then in turn people are going to buy these miners for thousands upon thousands of dollars that's that's the play that's the that's the play there and you know they keep their book straight that's why they're selling these types of Miners and uh pumping the coin at the same time I don't know I don't know the the amount of liquidity and volume is needed to pump a coin versus how much are they going to actually make by selling these miners I don't know I I I really don't know I really don't know but there's there's going to be there's going to there's there's always going to be that that type of uh type of thing there so who knows I don't know it's bigger than us okay everything that we're doing here everything with with crypto miners crypto currency it's bigger than us you know most of these companies that make these miners are all in China whether or not they have some underground you know underground pumping team you know uh a team dedicated to you know looking at these projects and pumping them with money and in turn they're going to be selling an Asic Miner for it I think there's a there is a value there ever since 2017 you know with Litecoin uh bitm bitmain is is prevalent to it's not just me saying this I've heard this way back in the day okay uh with bitm pumping coins to sell Asic miners this is not new in the crypto space um I could I could probably go back in time and find some articles find some Forum posts people actually finding evidence of certain coins that are being pumped so that these companies could sell these Asic miners there there is this is not not new what I'm saying right now is not it it it it is not new okay so whether or not this is happening with Caspa I don't know like there's a lot of there's a lot of people talking about Caspa right now it's not just it's not just um it's not just crypto miners it's it's a lot of non- crypto miners that are talking about Caspa as well like you know Mr Da Vinci Jeremy pretty pretty huge following follower base and he just he just basically [ __ ] on kaspa recently um so you know whether or not this this means that kaspa is going to be prominent I don't know so there is a lot of a lot of people who've invested into it now and uh it might it might be it might be it might be either too big now to where it is where it could go down even further I don't know or could just keep going up I don't know I don't know I I don't I don't know so we're saying we're all Timmy we're great a good mining so you're saying we are all bit M's timmies yes mind blown yes yes greater good M yes we are we are all we are all providing bitm the Legal Financial stability they pre-mine the crypto they use that crypto to probably pump the coin or sell it and then they're using that they're using their underground pumping team to pump other coins make Asic miners for that oh my God greatest example great greatest example why did did you guys see the posts of Al lithium and bit M or did you guys see the post of bitm sponsoring alium did you guys what did did you did you guys see that did somebody say underground pumping team you guys is the alium ASC is the elium alium ASC coming out are we are we going to see are we going to see an Al lithium Asic um yeah I saw that sponsored by sponsored the hackathon yes great to good mining yes 3 million 2 million 1 million 4 million liquidity really that's that's not that's really not much bit M that's pennies that that's pennies to them pennies pennies [Music] you know what the alium pump could have been done by um what's that company that sells the uh what's the company that sells the super scaler super scaler the super scaler k10s I don't know maybe ospray I I don't know you know okay it looks like Nexel is the most profitable now but alium at one point was at the top for this for this type of Hardware um it's all conspiracy guys the these are all companies that are based in China um we have no idea why you know a lot of these ASA coins start pumping well I think we I think we can we can we can uh conclude that it could be bit M could be IB link could be all these companies that have vested interest in selling you profitable Basic Hardware it's all a big it's all it's it's all a big like they're trying to launder okay I hate saying this word but they're legally laundering money by pumping the coin and then they're selling you an Asic you guys understand what I'm talking you guys are understanding what I'm talking about here when these coins start pumping whether or not that's bitmain or whoever that's providing the liquidity to those coins they are pumping those coins so that they could sell you an Asic for $50,000 or $40,000 that that's it's all conspiracy here I'm not saying it's true but I've heard of these things many times in the past this goes back four or five years ago and there's a lot of correlation there there's a lot of correlation there um regarding you know a lot of these coins that have pumped out of nowhere and having some type of relation to bitm so we shall see tuchman conspiracy theory let me you know what I'm I'm going to do some some re I'm going to do some Forum posts research and uh maybe if I find something I will I will I will do the video on that that might be a very controversial video if I can go back in time if I can go back in time and find those examples that would be that would be that would be something but I I I think what we what I'm saying is really not too farfetched I mean you guys I'm not saying I'm not saying China is a scam but China I mean if you guys think about a lot of products that are made over there and uh a lot of companies in China have like Alibaba for instance or Ali espresso a lot of those scam products it's no doubt there is no doubt in my mind that there is some type of Asa company that is manipulating the market in order to launder their crypto and sell you a legitimate product to to to to make legitimate money I'm I'm I'm I'm I'm not trying I'm not trying to be like negative here on China exactly I'm I'm not like racist or anything hell I'll even I'll even tell you guys I'm like I'm half I'm half Chinese okay I'm not saying I'm scamming you guys I'm not I'm not saying I'm scamming you guys but I'm a half I'm half Chinese here okay so I can say it I can say that I can I can say that about my [Laughter] half China is a race you guys are terrible panda is a plant what the hell Dave get scammer it it all makes sense ah Panda works for China I knew it I knew it Panda was the weather balloon I knew it new new panda was a scare okay hey hey hey hey all right I'm not going to go that far we're not going to go that far explains the name well I like red pandas oh my you guys did you guys not come up with this come on did you guys not understand I like red pandas red pandas come from China my mind is blown uh I knew you were Asian just from your accent yeah most people most people new oh my God RPM owns bit M yeah right yeah right I wish I [Music] wish ah uh the technicals I'm just saying I knew this fact since 2018 God damn it technicals damn it okay so here I'm going to end this poll um is Casper going to go the way oh I forgot to end this one is Casper going to going the way the like CAD with the k3s before um no okay so most of you guys agree then okay okay let me do another poll let's do another fun just a not Financial advice just is bitm manipulating a lot of these Asic coins to sell to sell you machines no they are a legal entity let's see let's see what you guys think I want to see what you guys think 20 GP rig make sense why you won't commit to the 20 GP rig you Asic lover oh man I love the comment I love who who who said who who who said it all makes sense now man I laughed so hard who said that who said that uh somebody said somebody said it all makes sense now I laughed so hard ah all right okay all right now okay man I totally lost see you guys keep side tracking me like so much more to talk about regarding Casa mining here so much more so much more all right 90% of you already say bitmain is manipulating I love it I love it uh RI Ry good sir 32 months RI 32 months bro uh thank you bro have you heard of hios prices will change for rigs with six gpus or less new CPU prices 50 cents a month month starting on March 11th what 50 50 cents a month for CPU rigs uh 5 pricing where is where is that Ry hold on let's let's look at that that's important that's that's important hold on let's see starting March 11th uh limited to two workers okay so that's changed that used to be four workers workers are two workers are always free personal 0 to.5 to 3 months a rig two month per Asic uh okay so this has changed from 4 to two uh let's see here starting from three workers you have to pay for all three oh that sucks reduced price for GPU rigs with fewer than six cards users with six or more cards will continue to be charged at previous rate of $3 a month okay so that's okay but if you have one rig two card rigs three card rigs four card rigs Five Card rigs six card rigs okay it it it it it changes by so six and less if you have six cards or less it'll be priced differently okay okay uh and then 50 cents a month per CPU rig only begin for free and expand as you progress with two free workers wow wait wasn't it 1 cent wasn't hios uh CPU rig was only 1 cent now it's 50 Cent sorry 1 cent a day this is 50 cents a month so it's gone up almost double 1.7 it it it's gone up 20 cents per per CPU rig no or yeah it used to be 1 cent for CP rig now it's uh 1 cent so 30 cents a month now it's 50 cents a month okay that's not that's not that bad that's that that's not that's not that yeah it's not it's not that bad 50 20 cents more um hi is getting greedy uh well they they are lowering okay in a in a in a sense though they are lowering if you had like a couple card rigs um I mean it is it is going down 50 cents for one card rig so that I think that's I think that's legit is that bad I think that's good that's because everyone at buying CPU rigs yeah it's not bad when you ain't paying R hey hey hey hey hey cook 415 hey hey don't don't don't don't give me that all right um sh schneid encourages smaller miners with one to five cards as they grow yeah yeah I I think that's okay because if you had before Oh one card rig was already $3 so in a sense this this this is this is better it's helping the smaller Miner I think I I I I I think that's I think that's that's that's good well they raing raising the CPU price kind of sucks but that's okay I like how they say here AMD bc250 rig with 12 gpus is0 50 cents per card because it's every every single C250 is its own worker so H that's funny that that is too funny think about what your cost would be per month RPM uh it would be it would be quite insane it it would it would it would be insane um not going to lie oh they even say they even say it here smaller rigs bigger savings starting March 11th 2024 the rates for GP rigs will be fewer uh with fewer than six cards will proportionately drop ranging from $3 to 50 CPU mining is $0 in GPU rigs Standalone is 50 new free tier two workers no coin pool limits so this is helping the smaller Miner but it's kind of screwing over the CPU miners in a sense trav's travel it's the deal bitmain has with hiest free Panda Hive ah God damn it God damn it guys God damn it I can't I can't I can't I can't escape I can't escape anything from you guys no matter what no matter what I do no matter no matter what I do it it it always comes full circle and I get I get I I get I get reamed I'll gladly pay that over Windows yes DJ min yes I I agree I agree okay can can I go back can I go back to uh Casa mining now or or no can can can I go back can I go back to um talking about Casa mining this is or no you guys not care anymore man in 12 months wait 2025 April 5th will be we are right now uh 116 Caspa the next one's going to be 58 Caspa man that's crazy that is a crazy drop in a year crazy okay um is this the Caspa mining Stream It was supposed to be but then you guys keep you guys keep telling me some new things and we always have to we have to look at it let's talk about Canada what's your favorite place to visit um I really love I really love um what's the place called Tofino you you got if you guys ever come to Canada go go to Tofino it's it's beautiful it's beautiful there great food okay uh R Krypto we need to uh R Krypto we need a video about alternatives to hios nothing beats hios from what I've seen so far nothing beats the overclocking in hios it's just it's just God tier hios hios is god tier okay um Tyson come fishing in Mar morami mirachi New Brunswick NB is that New Brunswick um simple mining uh simple mining.

Net is good yeah you know simple mining is legit yeah yeah simple mining is good okay um let me get my head around here uh regarding uh like Casa mining so what did we talk about [Applause] earlier ah ah ah okay there is this is just one example but there are like a good couple hundred miners out there who have invested millions of dollars into buying Caspa miners thus far look at some of these top 50 workers on Caspa dp.org for mining Caspa look look at some of these guys look look look at this look at this guy holy hell this guy this guy has look these are all these are I think these are all k3m yeah these are all k3m look at how many this guy has he's got 75 k3m 75 bro 75 this this dude's making this dude's how much he making a day $4,000 a day 25,000 Cas a day dude you know what's funny that ks2 8 months ago was mining like 32,000 Caspa a day so for 75 k3m in one day compared to a ks2 like 8 months ago that is insanity that is that just puts it into perspective man that is that's crazy that is crazy but it just goes to show uh like DJ just said it he took the risk and will'll get rewarded that this these people who have spent millions of dollars buying these Casa miners these guys are taking the risk these guys believe all these people look this this dude has K this guy has the bit main ones couple of the bit main ones these guys believe that Caspa is going to go up to new all-time highs if not more like that that that's look at look at the amount of hash rate look at the amount of hash rate some of these people have it it's insane it it's Insanity lowest one here is 67 terahash it's it's crazy it's crazy bro look at this guy look at this guy KS Z Holy Crap this guy has oh no one that's that's a KS Z this dude has a crap ton of ks3 M man it's just insane oh 10.3 terahash is this the iy link this is an iy link oh no no no no wind Miner K9 this is a k9 it says K9 in here uh K9 is oh 11 terahash uh K9 05 okay this this could be a is this a k9 I think it is a k9 dude some people here have an F ton of hash rate so I you know these guys are obviously taking the risk to mine Casa they obviously understand I know for a for people that are spending $500 a million on Caspa miners they obviously understand uh the emission schedule here it's very aggressive right the RO reduction for Caspa in the next year is pretty much cut in half right but every month it's about a 5.6% decrease so these guys understand that it's going to go down but they also understand and are risking that their that their begs that I I hope that they're holding okay you know you know what great example let's let's look at the top Miner here 412 terahash is this guy holding all his Caspa he's mining at pplns okay so he's not doing solo mining um let's let's look is this guy let's see month let's see uh how much has he been paid total total paid almost 200,000 Caspa 191,000 Caspa 29 Grand right now on this address or he just probably just started mining recently let's go look let's go look at his wallet address does he have almost 200k Cas spot in this wallet no it says 30 3,382 so whether or not this guy has been selling his Caspa daily I don't know I don't know oh look at this there look did he sell did he just sell $1,400 worth of Caspa just recently he he moved 9700 Caspa so I I'm just maybe he moved it to another account you know what let's see I can we can go back we can backtrack let's let's see we can backtrack here let's let's go look at this transaction um let's see where did this transaction go where did it go to this address no huh how can I see the corresponding how can I see the corresponding address let's see this one ah okay he sent it okay output it was sent to this address oh my God 1 million Cas holy sh is that a this must be an exchange this okay this address has 153,000 Caspa 153 thou 153 okay this I don't think this is an exchange address hold on okay this this one has no info on it but it is getting it is getting a bunch of Caspa concurrently every day a thousand here a thousand there bro that's it's a pool filthy Moss says it's a pool okay okay this could be a pool yeah it could be a pool okay yeah yeah yeah maybe well why did he send that amount to a pool he sent this out he sent out 9,000 to this address H interesting yeah he has a million Casper here but that's worth 153,000 us that's his tangum Yousef puts yeah probably probably that makes sense that makes sense okay so the top minor here is look it seems like he's holding a million Caspa so far that's pretty insane that's that's pretty insane let's look at the next guy let's look at the next guy let's see if this guy is selling let's see let's look at the next guy okay um total Min total paid 337,000 Casa that's $50,000 this guy has $279,000 Caspa in his wallet and that's 42,000 so he sent out about $8,000 us of Casa thus far so looks like he's holding majority he it's not yeah M something mind something what's up bro yeah it's not that much it's not that much he's holding this guy is generally holding his Casper let's see this guy this SEC the second top guy on Casa pool is not selling his Caspa okay so that that's good so basically these top two guys have not really been selling their Caspa okay let's look at the third guy let's look at this third guy let me close these tabs um this gu is mined oh crap this address has mined uh $200,000 of Caspa is this 1.3 million is this is this 1.3 million okay let's look at the address okay so there's not there there's definitely not $200,000 worth of CAS bur here it's $99,000 so 59,000 Cas bur here so what has he been selling let's see let's see let's see has he been selling let's [Music] see excuse me what are these zeros zero [Music] sends this this goes way back this this just goes way back here 50,000 transaction ID he received that much but where is it going 33,000 where is it going let me see oh it's frozen it's frozen [Music] uh DJ it could be the fee yeah you're right it could be a fee but not there's no there's no sends out here of actual Casa it's all [Music] zeros uh Pana card says you can't really tell by this either top three wallets could be all the same person entity one hold one sell one right yeah I don't know where this going let me check out this let me check out these transaction IDs [Music] oh 334,000 Caspa balance 691 th000 W no no no 691 million Caspa oh snap this is a wait this is a massive Caspa address this is uh where is the cast.

FYI um top addresses um holy crap so from dude okay this is this is definitely an exchange 100 million to 1 billion is only 11 of them so this is definitely this is over 100 million Caspa this is an exchange account $104 million this dude is selling this dude this guy is definitely selling this this address number three number three on mining on Caspa Dash pool 284 terh this dude is selling yep I think he's mining to an exchange I think I think he I think he's mining to an exchange yeah definitely definitely H that's amazing Patrick Murphy how much in taxes did you have to pay on this wallet [Laughter] address taxes on this one holy crap man that are you mean on this one ah this is definitely an exchange wallet 100% yeah 104 okay this guy is selling okay so this guy this guy doesn't have much Caspa uh he's only got he's got 60,000 Cas in this wallet so about n Grand so he's definitely yeah he's definitely been selling he's definitely been selling yeah see this goes to oh now what address is this yeah it goes to the 691 million Caspa address yeah so y God that's dude this guy dude this guy has dude 285 terahash how much is he mining a day $3,000 $2,700 a day that doesn't seem like much anymore I mean that's a lot that that that that's a lot but like if he's mining $75,000 a month oh that's disgusting oh that is disgusting that is very disgusting just H he's going to lose it from exchange well if he's selling every day then or every now and then then oh all right I'm sad just looking at that okay uh whales have been dropping the past 30 days days past 24 hours had a whale drop 10 million to 100 million Caspa there's in the past 7 days we have lost six sharks from 1 million to 10 million so is that correlate to the Past s days downturn here I think so I think so great a good mining makes me feel small so so small dude dude I I I can't I I can't even comprehend I can't comprehend the money that people have spent on on buying these on buying these um Caspa miners we're talking we're talking millions of dollars bro okay you know what I'm I'm curious okay let's just let's just add up you can we can see the workers number here but I don't know whether or not these are ks3 M or k3s like 73 + 54 + 45 + 33 + 47 + 43 + 44 + 39 + 35 35 32 + 25 + 43 + 39 26 + 27 + 25 26 + 24 + 25 25 + 17 + 17 + 32 + 15 + 20 21 14 uh 29 13 19 18 12 12 10 we're nearing okay we're pretty much nearing a thousand like pieces of Hardware here 15 + 13 + 50 + 60 + 16 okay all right pretty much like 1,000 units bro bro on the first top 50 the top 50 mining mining addresses have about 1,3 units that's crazy that's a lot of that's a lot of units here that's a lot of units bro 78 terahash granted right some of these could be ks3 M's k3s ks3 L's um K KS Zer k2s KS 1's majority of these though let's see okay this guy has an F ton of k2s f ton and some k3s I think this has this guy has overclocked k2s 100% 100% nuts man just nuts Okay so we saw a lot of top miners that are mining Caspa okay puts it into perspective that these people here obviously are taking the risk and believing that kaspa could could go up much more than it is now yeah that that's the biggest reason for that okay now we go back to okay what are the what are the fundamentals what are the what are the fundamentals of Caspa what's what's the what's the what's the biggest uh don't this let's make a new new one here all right fundamentals what are the reasons why people are into Caso why are uh you into Caspa okay all right let's put it all here let's put it all here let's let's let's figure out why let's figure out why block dag block um devs are known de de de developers yeah they [Music] are it's not that they're known but they are quite how do you say it prominent educated um money DJ Money Money Money okay but what why are they there's got to be more there's definitely more to it than just money but they got to believe like what are like the fundamentals of of Caspa right it's the fastest transactionally okay I mean that's given fastest transactions real use case okay I mean yeah I mean yeah fast transac actions is the real UK trilemma solving narrative great a good mining great one yes that's that's the biggest that's that's probably the biggest one now does it actually solve the trima hard to use in America what no no premise no pront no no premine right no no premine yeah we know that yeah that that's a good one um some just mine for profits some don't care about the coin okay okay mine for profits sure but no no no no dude if you're no no man dude if you're if you have this type of hash rate and you spent millions of dollars on these miners it can't it can't just be for the money the part of they have to believe that Casa has to go up I mean putting a million dollar in the casa miners you have to believe in not just not just the money part of it but like I guess the the trilemma fastest transaction the developers there there's got to be more there's got to be more to it than just that for some of those guys I I I mean like seriously uh Dave Gil it's the closest any project has come to solving the trilemma okay okay mmgs says price appreciation because aggressive coin emissions okay interesting interesting okay what else do you guys think need to build a cast container Farm uh Mr s finite Supply right there's there's there's a finite Supply Max of uh how what's the max what's the max C of uh 20 here right here uh what else what else what else cre a good mining potential for smart contracts all right potential for smart contracts L2 fastest transactions L1 there I'll put that up there yeah open source is Casa open source okay open source okay is Caspa on any top exchanges right now is is Casa on any any top exchanges excuse me I guess that's not really a reason why you're into kaspa or maybe it is kaspa is not on any top tier one exchange yeah FR hreen fomo that that's a valid that that that is a valid one I'm I'm going to say for for a lot of those guys a lot of these guys that have spent millions of dollars in the cpot they're definitely fomo in yes 100% um there's there's definitely a lot of fomo uh regarding Cas mining 100% 100% DJ oh yeah once it runs out of the coins to issue I'm selling uh into the next project uh when uh when is the last when is the last um Casa uh uh here Caspa emissions schedule when is the last uh Caspa going to be mind 203 37 uh 0.0014 cast per second uh this is not per block this is per second so there could be many blocks in a second so divide all that up and wow that's going to be that's going to be insane that's going to be insane um uh okay uh let's see buying the coin is much higher risk profile okay you're saying wait wait for the people that are that bought into the cas into Caspa you're saying okay so but okay this is not really why are you into Caspa but uh let's just say people bought Caspa Caspa miners well it's a big risk though the Caspa miners yeah to lower their risk profile rather than buying the coin yeah in a sense you know what I could I could see that as yeah that's that's that's that's true yep I'm going to you know the casa miners they can actually mine the other coin now cedra coin right so that that that's a positive um in terms of uh lowering the risk profile because you know you're buying Caspa and that's it you don't have any other if Casa goes to zero you have you have no other recourse you know because you're buying the hardware you can technically maybe mine another coin or sell the piece of Hardware well next to nothing if it goes to zero anyway that that argument is null then uh strong cult following I'm I don't is it a cult is the c following a cult I I I think I think we can word this differently strong Community I'm just going to put that I'm not going to put cult okay that that that makes it sound you know what I'll just I'll just say sure I'll just put it in Brackets sure why not why not why not um home brew crypto have you seen the hios pricing structure pretty dang incredible I we just went over that earlier Homer crypto yes we did see we did see that uh together earlier in the Stream um rust incoming uh that goes along with L2 right I'll just put this here rust rust yeah there you go um uh rust hpe is played out rust hpe is played out what do you ner what do you mean by that Einstein the developer is from Israel uh I put prominent developers already I think that's enough second strongest proof of work against 51% attacks okay okay okay that's a good one okay we're going to do why are you not in the Caspa we're we're going to do another one hey why are you not in the casa expensive Hardware cuz this could stem from the project fundamentals Hardware mining whatever anything why are you not in the Caspa DJ mines because I like staying poor please add that as an option because D because like staying poor okay sure I hate money okay come on high barrier to entry for mining is it high barrier to entry for mining uh I'm I don't bro I'm I'm going to have to say no on that one I I don't I I don't think I don't think that's I don't think that's a that's a thing because they do sell the ks Zer K zero Pros like they're extremely they're extremely low so I don't think that's a I don't think this is a this is a con against Kasa yeah I'm not going to put that I I don't think that's true do you guys feel that the same way BC lack of us exchanges okay lack of us exchanges that's true that's true L of stre requires Asic jock Miner now it does um because we like communist k your pro is a price of one mid-level GPU yep that's true uh great a good mining large amount of large amount was GPU mined not an argument that is true that is that is true retro Mike comes in with the hottest thing regarding kaspa incomplete Ledger history what okay where's there there was there was a okay there was a uh there was a article regarding that uh where was that [Music] article I was reading something about that the other day yeah I found it I think I found it I think I found it um but hold on I want to answer more things here Caspa got hacked did Caspa get hacked too soon Mike um in the very beginning Casa got hacked oh okay okay I think I found it I think I found it this was posted on August 14th 2023 this was a while ago a factual account of Caspa fraud scheme here we go you know you know what let's read all this I'm not sure I'm not going to I'm not saying this is true or not Caspa was a project by D Labs an RD fintech startup focused on dag research that was founded in 2017 and received $8 million in funding from among others poly chain Capital the original Founders were Jonathan somol I can't sorry but's name and Guy Korum by April 2021 uh Gaddy glickberg xvp of bitm had joined the ranks of the Casper team hold on let me read that again by April 2021 Gaddy glickberg xvp of bitm had joined the ranks of the Casper team can someone can someone verify this can can someone verify this Gaddy glickberg Caspa mayet was launched on November 7th 2021 with the announcement in their Discord no announcement was made in Bitcoin talk which is the Forum that hosts the biggest mining community in crypto right 2 weeks after launch with Circa 648 million coins or $28 million today mind up to that point Caspa team halted the network to manually make a new genesis block on Discord as a result of a block bug the story came to the Forefront Rec only recently in Twitter exchange uh between former dlbs employee and also an ergo core developer it looks like the Lost history is not important anymore they actually holded the network and made up a new genesis block manually on [Music] Discord one week after this incident the first announcement was finally posted on bitcoin talk where Caspa was announced as a CPU proof of work coin the title was edited to say GPU shortly after in the Bitcoin talk announcement there was no mention of poly chain or no mention of the incident from one week prior in response to complaints about the lack of communication the former day lab's employee Shai uh desay chimed in to stress out how everything was being done by the community due to lack of funds for marketing unbeknownst to the posters however de laabs had already received $8 million in funding from polychain right okay in March 2023 I called out Caspa for being a speed mined coin based on this information due to the lack of timely and complete announcements I believe Casper was likely to have been mined entirely by one entity or a restricted group of insiders affiliated with such entity recently however something else that is much worse has emerged it all starts with one of the early Caspa holders dming me a few weeks back noting that he could not find his transaction from February 2022 in the Casper Explorer I did a bit of digging and found that not found out that not just his transaction but there wasn't any data on any transaction actions before May 2022 anyone can verify this for themselves by scrolling back uh in this minor address here uh rewards stop in May 2022 let's see let's see if this loads hold on let me verify let's verify this May sorry May 2022 this is what February [Music] 9th uh I can I can see transactions here what did he say here there wasn't any data on any transactions from before May 2022 rewards stopped in May 2020 in 202 before I can see February 9th [Music] Fe February February 9th uh it's it's all here it looks to be here uh uh it was rebuilt uh Yousef puts yes yes so I was going to get to that I do recall I do recall hear uh reading that this the Caspa the other transactions um that were lost apparently lost is now rebuilt so uh retro mic they they've been working on putting together putting back together some of the data okay some have been lost forever oh some have been lost forever ooh okay okay all right but anyways let me let's go along here my first thought that this a transaction must be archived somewhere but are being hidden on the front end to OB obfuscate can't say that word the poly Jane speed M as we dug deeper it became apparent that all transaction records from Genesis to May 2022 had probably been erased forever in fact as it turned out there is not a single Caspa full node out there today was the speed mine concentration so bad that they had to delete all the transaction data was that my first thought but then why go the SE L links to as to delete the transaction records if it was all just a speed mine when it speed mines in one form or another happen all the time in VC coins right he's referring to the poly chain investment I guess uh the more I thought about it the more the more I started to think that if the devs felt that they had such a had to take a drastic action something much worse must have happened only something criminal could justify a course action that that permanently corrupts your [Music] blockchain going along another thing I noticed was that 6 months for all the transaction records had been disappeared corresponded also to kaspa's pre- deflationary era uh this was a time when 500 coins were mined per second the highest block reward in history of Caspa and total 7.8 billion coins were mined at this time 29% of cast was maximum possible Supply and 40% of today's circulating Supply right right um okay going down I went to Casa Discord and asked shy about the reason the team had deleted the transaction history prior to May 2022 in the beginning the only replies I got were from the cast community members saying because you don't need it then Shai responded by flat out kicking me from the Discord and deleting my question go sh your your SE scam coins then the nothing Burger narrative kicked in Shai and others started preaching that this was a non-issue and that it will be resolved anyway because they're already working on piecing together The Ledger which we just we just said okay okay uh he went on to reassure this community that gaps and The Ledger do not make the chain corrupt they also add the section about missing transactions in the casa Wiki where they imply that it is almost certain that their missing transactions will resurface where the transaction history prior to May 2022 okay that's on the wiki as discussion picked up More Steam on Twitter Alex Choi the founder of Ergo kindly pointed out that it would be nice to at least know what invalid transactions took place in those six months if Casa's early miners concluded to steal balances from Lost coins then they wouldn't want those inv valid transactions to be known uh what everyone who has been in crypto for long enough knows is is that when a new coin launches many people hop in and they give up for one reason or another mainly because these coins are worthless early on so you if you think that the coin isn't going anywhere you lose the keys forget don't care back up back them up or simply throw away the wrong hard drive like this famous Bitcoin guy to max amount the amount of lost coins and be smart to make a project looked as risky as possible how to better do this than by presenting it as a hobby project or Community project that's because Shai said in a Bitcoin talk post that also frequent narrative in the dis Casp Discord like any other coin a lot of people who managed to find the way into C probably moved on from Casper shortly after but after but as a result team's effort to constantly make the project look like a hobby even more must have done so which brings us back to the Shai's answer to chap perno's observation Shai links this blog from a Casper founder post posted 6 months before the mayet launch where the others uh author States uh let me see what this vog is in which mayday mayday we are sinking about May 4th 2021 okay wow this is posted this was posted a long time ago all right um gaps in any crypto is a massive red flag all right anyway let me let me I want to read through this whole thing I've never read this so I'm just reading through it all um running full nodes are thus very important for Ledger Society however the marginal utility is rapidly decreasing consequently when joining a cryptocurrency system checking its issuance and its decentralization is far more important than checking historical validity of transactions Shai by quoting him is telling Alex is the is the validity of past transactions well that's none of your concern maybe they stole from some whale or its users but none of that matters according to Shai Shai speaks for the entire team in fact this is only when Jonathan went on the offensive and posted on Twitter thread trying to establish a false equivalence with Satoshi read for yourself how do we know Satoshi did not pre-mine Bitcoins maybe she withheld Genesis for a few months or launched Mal functioning DN preventing others from joining how finny joined mining 12 hours post launch when were others able to join H what happens when there is no full node when everyone uses the most recent blocks to mine it is that miner going to can hijack the network and steal lost coins without being detected since Caspa was was small in the early days it wouldn't been as difficult to hijack it in other words to put enough hash as to mine 100% of blocks after the Gaddy click bird xvp of bitm had joined the the team in April 2021 one month one month before Jan's post once you hijack the network you can mine as many invalid transactions as you want although in the beginning invalid transactions will always be at the top and will be rejected by the current nodes if you control 99% of the hash you can still carry on mining valid transactions on top of the invalid ones until non-mining uh nodes start accepting them again in fact then invalid transactions are buried deep enough you can prove them off and feed the current nodes only the most recent blocks with the valid transactions that they will accept nodes won't know that some of these balances were actually stolen because they were they will be looking only at the most recent valid transaction hashes when I pointed this scenario out Michael another Harvard educated core Dev first denied the possibility then went M let me gu SI my coffee hold on running sync nodes do not resync from pruning proof they stick with the Ledger and insist on their finality there are several rules enforcing this where is The Ledger then how are they sinking now with 6 months missing a few days later Shai posted on TW a tweet admitting the possibility himself okay so let's get this straight once and for all because all this cast pre-mining fun is starting to get really my nerves with how much it makes no damn sense yes pruning implies if that there was an initial period during the centralized entity completely controlled the blockchain and nobody else was observing or validating it they could fill the blocks with a double spins or any other form of arbitrary junk knowing that this could not be detectable since the blocks would be pruned does this in fact allow clandestine pre-mining or any other form of okay okay all right to summarize there is cryptographic proof that Caspa block EG is corrupt and there are no signatures to determine the validity of any balances containing coins from the first 6 months after Genesis factually speaking we don't know who the attacker is or was or what the invalid transactions uh they mind what we know is that they got away with with it 6 months worth of transaction records have been permanently Lo lost which is exactly what an attacker attacker would have made sure of team's premortem teny tenacity to decentivize full nodes makes it even more likely that either team colluded with an attacker or it was targeted exactly for openly discouraging full nodes an attacker would need as few as full nodes as possible to get away with something like this because even a single copy of the full Ledger would expose the inela transactions and the and the attack going on going on starting from these facts we concluded that there must be some victims whatever system the attacker used to Target lost coins there must have been some false positives or coins that looked like had been lost but weren't lost for example relatively small balances of long-term holders if the attack happened there might have been some reports online from people who created the wallet in the first 6 months only only to find out that their coins were gone when they created after one or two years other Casa Enthusiast went on looking for such Casper cases in Discord all the channel and guess what we found at least one self-reported V victim the actual actually this wallet is my girlfriend's and I had sent her 10K Caspa or something like that last year it's the first time we tried opening this wallet since then the scan ended again and still zero balance look this happened to me when I tried to recover my mining wallet from a SE two about a year ago it has happened with my girlfriend's wallet recently Nicole May is reporting the same issue and I'm sure there are likely to be other people experiencing the same impossible as it may see my understanding is that the recovered seed recover from seed function sometimes just creates a fresh new wallet rather than recovering anything from the original wallet may I humbly suggest that developers investigate the code for situation where there are more than a wallet associated with the same seed and ideally merge those wallets into one because let me assure you that this is clearly a bug and hopefully that one can be fixed given time otherwise every now and then some unlucky Casper users will keep losing their coins like we have user here grows frustrated with a non uh Yousef says uh uh it's been fixed okay uh already been fixed okay BC remember that for the first few blocks after Genesis the devs are in complete control of the block uh chain just like a centralized entity uh BC right right right right and depending on when they advertised or put on bitcoin talk uh you know how what what what how long was the delay there when the mayet was on and uh and stuff like that so the old history has been fixed okay all right yeah this people just tuning in this is an article from 2023 August so I'm reading this like 6 months later but I just I've never read this before so I'm just reading it uh the possibility from the attack has been admitted by the Casper team itself just like an attack of this kind will require 6 months of Ledger history is also permanently gone and most importantly we have found at least one victim therefore it is extremely likely that the best case scenario for Caspa was successfully attacked early on by an outsider unlikely but possible a much worse scenario would be if a team was part of the attack from the start either way whoever pulled the attack has been controlling a very high percentage of the circulating Supply if the attacker is a terrorist or criminal organization then having hijacked a high percentage of the supply would allow them to be able to effectively send and receive money in untraceable ways because one could just buy Caspa from anywhere in the world to send money to the criminal organization which could then Cash Out by simply selling since they control most of the supply interesting because it's cryptographically corrupt the grave implications that come with it I believe Caspa should be shut down and delisted from all exchanges effective immediately edit is this October 11th or November 11th 2023 the they've proven to be dishonest but not scav they deserve credit for putting their money where their mouth is and not rugging for me personally Cass is not something I'd hold also Shai is a fierce fighter he fought hard for the entire cast community and I respect him I think it's only fair to give credit to cast team for not dumping on their holders for this I can no longer hold cast as a scam because everyone had plenty of time to get out the info had been out for there for 3 months even if they sell you're left holding the bag that's on you now all right March 5th great write up a August 14th 2023 Caspa is the next Luna ah okay well uh judging by okay the transactions of you guys said um uh that it's been fixed okay I don't know what to believe I really I really don't know what to believe other than I mean we've gotten this far Caspa is here this far since then that article was posted August so that was that was here 2023 Casper was 4 cents since then since then Caspa is now 15 cents DJ mines sounds to me like a guy who got banned from Discord and crying yeah yeah that that that could be it Tech leaks 24 this is the dude's name privacy activist and a darl maximalist because darl is the only proof of work layer one capable of delivering NSA proof defi uh thanks to homomorphic uh is this guy is this real daro maximalist um mind something if you assume majority of the coins don't have similar issues you're being naive the Temptation is too is too great and the general public has no skills to investigate 100% right so if the Caspa chain when when when was the kaspa chain uh when did it start when was when was the Genesis this one the last transaction the beginning transaction here is uh February 9th 2022 um ret your mic red Pand of mining of people say saying it's been 100% fixed you can remove my remark but if a single transaction is missing from The Ledger it's a deal breaker for me I see Mass boost November 7th 2021 so this address started February 9th 2022 so 20 November 7th 2021 that's even further it's even further away hey if I go to blocks if I go to the very F can we can we go to the very first block is that is that possible can I search can I search for the first block is that is that a thing how can I search for the first [Music] block um I really can't I really can't go back really can't go back in history here on this website there's really no there's really no no way for me to go back um retro mic they need to be on bit pay before I take them serious as a transactional currency though I'll take bch or LTC over it but that's cuz I buy Hardware on New Egg for crypto I see is bit pay non kyc I why bit pay I'm curious I think the popularity of Caspa has gotten so large most people will choose to ignore this um yeah probably um I guess it goes back to this we can go back to this now okay we can go back to this here solves the trilemma that that was the biggest that's the biggest narrative right trilemma solving narrative um uh okay back to the cons though okay so why are you not in the why are you not in the Caspa so there was this incomplete Ledger history ble okay that that that was one point in time but you guys are saying um which is now fixed so whether or not that is or not I I cannot I can't confirm that uh whether or not that matters or not that's that's up to the holder that's up to the person uh believing or mining in Casa especially at this point in time all right cuz I can't find any old KS zero first editions for a good price because people believe fake news mind something hi just announced major pricing changes yeah mind something uh yeah we went we went on we went through that earlier yeah it was uh yeah it's uh yeah pretty interesting I think that's good it's good for people with less than six gpus CU it's uh it's going to go down by 50 cents per GPU uh and then but the CPU rigs go up 20 cents so that for People for People CPU mining that [Music] sucks but yeah um mind something no worries bro no worries man it's good to it's good to say it again because some people are just tuning in so that's good um Patrick Murphy says I am not into Caspa because I hold no Casa it might seem like a self-fulfilling prophecy but it's a legit reason Patrick [Music] Murphy I guess that's that's a legit I guess that's a I guess that's a reason I guess I guess um all right what else why why are you not in into Caspa what what what is what are some other reasons I I I I I I want to I want to listen to more opinions here someone sent him one Casa DJ M says the success of Caspa should inspire you to GPU M to show you that you never know what GPU coin will pop off keep mining 100% that's right DJ concentrated tuch says red P mining I am not in the Kasa because of how early we are in its development I invest more into LTC and other coins that have been around for a while I've seen too many pump and dumps even with as6 that is that is a that is a solid that has a solid reason my friend concentrated Tech that is a very solid very solid reason I like that I like that okay and home brw crypto and until trade ogre says otherwise I'm going to assume mining transactions I'm going to assume the missing transactions is the reason trade ogre uh Casa wallet failed ooh interesting that's an interesting one interesting um MMG says not not in Kasa because it's too late to GPU M now so is that is that a reason yeah I guess that's a reason yeah yeah sure what are reasons what other reasons why you not in the kaspa no smart contracts justtin K well I thought they're working on that but I'll put that in sure concentrated Tech says red panda mining also Caspa is overhyped in my opinion so profitability at any point while it's still popular is going to be bad overhyped ah you know what I want to go back to this I want to go back to this argument this uh who is Gaddy glickberg xvp of bitm has joined the ranks of the Caspa team does this have any weight regarding to the correlation to ice River did this xbp xvp of bitm had some type of tie to ice River Gaddy glickberg I'm going to search this person up bit 's head development at the Israel Center Gaddy glickberg elaborated on the recruitment effort suggested that the time is right for crypto firms to proactively build and grow when the global hype is surrounded D Labs was founded in 2017 by S Ponsky and Guy Corum raised 88 million from poly chain and accomplice the company is headed by Gaddy gbird former V former VP at bitm also joined the leading crew recently kaspa's protocol is based on sosi's and professional AV worker development dig based Spectre and Fantom protocols which are now first implemented in caspas technology when was this posted this was posted April 26 2021 this information was already there before kaspa's mainnet launch which was November when was it November 20 November [Music] 2021 uh [Music] [Music] all right retro mic take a look at this there are two SM smart contract options for cast curious on your thoughts especially on option two cast by community and exploration of smart contracts retro mic don't ask me about anything about smart contracts I have no idea Homebrew crypto I feel terrible innocent red Pano mining's mind can't handle that caspo was nefariously [Laughter] launched great a good good mining pressured me to mine cast wow great good mining terrible great good mining says there's so much going on on levels we have no access to we think we know things but we are all so small nothing can be truly trusted if you think about it great a good mining bro you are 100% right bro this reading just reading just reading this um this was posted August 14th 2023 and then reading that uh 2021 post before Caspa was even released there there there has to this this first part here with the Gaddy glickberg xvp of bitm Ju Just conspiracizing here is that a word conspiracizing um if gy GB bird had anything to do with ice River was there any ch is there any correlation to Daddy glickberg and Ice River daddy Glick glickberg ice River all right nothing comes up on Google so I don't conspiracy conspiracy this is this is interesting Bros I M this is this is interesting majority of us that are here right now I mean we we are we are we are we are head deep we are Knee Deep no head deep knee deep into Caspa Mining and we we we've been through this whole beginning of you know ice River Pasa A6 you know started off GPU which is great um and then you know all of a sudden the the ice River as6 started coming out perfect timing pretty much perfect timing to casus rise right the First cast by Asic I was I got that ks2 um right here April I got I was the first to get that ks2 in April 2023 that's that's when the first KS that's when the first ice Riv as6 started coming out or sorry the first three then they were being sold in June okay greater good mining great example greater good mining was the first gentleman one of the first people to pre-order one of the ks ons right in June and the rest is history there's been many many Caspa as6 that have come out since then uh many batches many new orders many different models ks3 L's ks3 M's KS Zer of course right ks3 that was maybe September ice R ks3 September you know this is all very the the the the the timeline here is all [Music] very it all just makes it all just makes sense it all just makes sense now [Music] great a good mining great a good mining are you here great a good [Music] mining don't forget fpj with Caso right black cat crypto I know right that there was a point in time that lasted probably a good like three months couple months did you hold all the 2K a day you were making BC let's not talk about that DC let's not talk let's not talk about that uh gr good mining yes I'm here great a good mining bro we what a time to be alive man what what a time to be alive BC if you had hled your cast from when it was 2K a day it is now 20K a day when I first received that ks2 it was mining 32,000 uh 32 no sorry 35,000 Caspa a day it was basically mining $5,300 a day retro retrospect 53 $100 a day if I I did I did not believe I I I was in disbelief that I was already mining like $800 a day during that time right $1,200 a day a casb but for it to be where it is now I did not have a single belief that it would be at this this point in time 15 you know 17 18 cents whatever I had absolutely no idea I didn't believe it and I was more so more so in disbelief when the k3s and all the Asic started coming out during this time September August the the time July you know the timeline was of these big Asic were were so prevalent and very scary during these times and look where that look where it is now right where people were calling July August Oh Casp is going to be the next Caden you guys remember that you know I I was I was in the belief that when those k3s were announced in September August end of end of August of 2023 that task of mining was over but look where it is look where it is now look look look where Caspa is now it's 8 months later 8 months later we're still seeing you know above triple digit pricing profitability sorry for these for these KS KS miners it's still double digit like really good double digit numbers okay it's it this this this this the narrative the correlation between kadana as6 and the Caspa bics there's no correlation at all because the amount the amount of Hardware amount of these k3s that came online versus the KA a3s the k3s when 500 of those C kadana as6 came out it destroyed the profitability for all the other kadana A6 when these k3s k2s ks3 Ms came out the profitability it it was like kadana event for the gpus fpga but it's not against any other Caspa as6 okay the event of Cad and k3s versus the Caspa as6 that event has not played out yet but in my in my comparison here since Caspa mining has been so strong over the past 8 months still for a mining um there's no there's no comparison so that's that's my comparison there you look at Caden's price versus kaspa's price there's no there's no there's no correlation there because kaspa's price had a Cadena price previously when those k3s came out started just massive sell pressure down down and down and all the other Kad A6 were unprofitable so here we are now Caspa still on an upward trend mining King God damn it Kad Caspa Panda doesn't huddle just do the opposite of panda and your Rich AF love Pand don't ban me damn it King God damn it so glickberg was still a bit main VP in 2021 yes home brew crypto yes and then he or he or she joined the joined uh kaspa's uh D Labs 2020 21 [Music] um damn it King hey the mining Ken donated $5 through Super Chat Cadena Casper Panda doesn't hoddle just do the opposite of panda and your riches LOL lovey Panda don't ban me LOL God damn it God damn it king um DJ did you verify bitmain VP join Caspa or is it something that random post says uh DJ mind it's true it it they did join we did read um there's this post here from April 2 6 2021 even before the Caspa main net launched they even said here D Labs was founded in 2017 by S bisy and Guy Corum raised 8 million from poly chain and accomplished this company is headed by uh Gaddy glickberg former VP at bit main also joined a leading crew recently Casa's protocol is based on S balinsky and proof Professor aiv Zara's work who developed egg based Spectre and Phantom protocols which are now first implemented in Caspa technology yes this was said even before this is on investing.com it was on CNN um this news was uh posted everywhere oh former VP so not active when joining uh right he he was active couple months prior yes yes it was before um don't you hate it when you go down the rabbit hole and it starts to make [Laughter] sense uh uh everyone here that's in this live stream right now okay let me let me end this let me end this poll man 85% of you say yes bit main is manipulating it goes along it goes along with this one okay it goes along with alium you guys think alium is being manipulated right now I'm not going to say yes or no but you guys think alium is being manipulated by by bitm right now for the alium Asic who isn't manipulating that's the question Adon a AAL yeah right 100% who isn't manipulating [Laughter] ah uh just be happy in your ignorance 100% 100% Al is is so small that 2 million manipulated the price however you want uh home BR crypto that's right the volume there for like 2 million bucks 4 million bucks is nothing for bit M nothing absolutely nothing at the moment no when they get close to launch they will dude it's dude if okay if Al lithium goes to5 or $10 when that when bitmain announces the alium Asic and alium pumps to $10 then I will we will 100% say yes yes you know we have the we have the uh super scaler K10 all the PG can mine a lithium right now um and you know the natural progression of you know it was GPU or CPU GPU fpga dominance and now basic dominance for lithium is that is that coming that's coming it feels like it's is it coming it's coming manipulating equals streamlabs smash that like or bit bit Bitcoin will go to 10K all RPM throw money at it Red River Al lithium [Laughter] Asic uh anyway got to go have a good pineapple pizza good to see you man good to see you cutney card says Casa mining is doomed because I just bought my first KS Z Pro ah ah bro at this point at this point at at this point I I my gut feeling my my gut feeling is like Caspa is now Caspa is now so big that it's it's it's too big to fail now is is that is that wrong to say is that wrong to say Caspa is too big to fail now or it's so big that it it can fail buy lithium now you will regret it as the case of kasma GC I don't doubt that I don't I don't doubt that I don't doubt that's why I've been mining I've been mining uh alium right now on a lot of my gpus until until I can't um I've just been accumulating alium as much as I can not Financial advice but we'll see we'll see what happens mining King thoughts on radiant or Nexa I don't know man I I have a bag of both I have 100 million NEX 150 million Nexa and like uh 1.5 million radiant so I'm holding those bags I'm holding them seeing where they go Nexa I I don't know I don't I'm not sure radiant Hing we'll see it hasn't had its time yet hasn't had its uh it's time so we'll see mining King radiant and NEX are coming to the tangum this month oh yeah that's right yes that's going to be cool that that'll be really cool yeah once tangum has Nexa and radiant that'll be really cool yeah 100% 100% 150 million Nexa worth $10 uh I don't know how much that's worth but let's see sorry 1.5 something uh I have more it's 150 million is one no 150 million NEX say $1,000 yeah Nexa is a scam coin bro why is Nexa a scam coin why do tell do tell I've never heard anything regarding Nexa being a scam I can sell it I can mine it still I don't know what I'll move once I have to take all my gpus off to Al yeah home crypto yeah that's that's going to be uh that's going to be an interesting one um one sec I had to take a phone call one sec [Music] [Music] [Music] [Music] [Music] [Music] oh [Music] [Music] [Music] [Music] [Music] [Music] [Music] all right I'm back I'm sorry I have to go I gotta go I got to go to my uh I I got to go drive to my parents house and I need to go help I need to go help them with something they are they are extremely computer illiterate ah all right thank you all thank you for the live stream we wow we stream for almost 3 hours yes thre hour stream that was great that was great all right you guys have a great one thank you so much I don't know if we uh we uh concluded anything other than a lot of things but uh ultimately keep on keep on mining we'll see we'll see how it goes with Caspa we'll see how it goes after everything that we've talked about um eye opening or not well we'll see how we'll see how it goes thank you bros you guys have a great one thank you so much great a good mining thank you bro see you guys later peace peace out peace [Music] out [Music] up [Music] down [Music] [Music] [Music] I [Music] [Music] [Music] the [Music] [Music] [Music] you [Music] [Music] [Music] w oh

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