Kaspa block reward drops to 1.9445 KAS: what the monthly cut means for miners

Kaspa miners got their monthly pay cut on November 4, 2026. At about 13:45 UTC the block reward fell from 2.0602 to 1.9445 KAS, a 5.6% step, as Coinranking reported. No vote or software update was needed: the cut is written into the network's emission schedule.

How the schedule works

Kaspa has no single halving day. Every month the reward is multiplied by (1/2)^(1/12), so twelve steps halve it over a year. The schedule fixes how many coins are minted per second, not per block. That is why the per-block number fell tenfold when the Crescendo upgrade of May 5, 2025 raised the block rate from 1 to 10 blocks per second, while the coins per second stayed the same.

What it means for KHeavyHash miners

At 10 blocks per second the network now issues about 1.68 million KAS a day, down from about 1.78 million. If the hashrate holds at the 363 PH/s seen after the cut, one TH/s of KHeavyHash power earns about 4.63 KAS a day before pool fees, against about 4.90 KAS before November 4. These are our estimates from the reward and the hashrate; your real income moves with the KAS price, the network hashrate and your pool.

• Hashrate dipped to about 265 PH/s on the day of the cut and then returned to about 363 PH/s, within 1% of the level before the step.
• For comparison, the same hashrate series showed 378 PH/s on October 24, well below the 642.8 PH/s peak.
• About 96.8% of the 28.7 billion KAS maximum supply is already in circulation, so each step now trims a small remaining flow.

What to watch next

The next step is due around December 5, 2026 and takes the reward to 1.8354 KAS per block. At today's hashrate that is about 4.37 KAS per TH/s a day. Owners of older, less efficient units should check their electricity cost against the KAS they earn now, because the steps keep coming every month and compound into a full halving each year.