Kaspa Block Reward Drops 5.6% on November 4 in Monthly Emission Step

Kaspa's block reward drops again on November 4, 2026. At about 13:45 UTC that day, the reward falls from 2.0602 KAS to 1.9445 KAS per block, a cut of 5.6%, according to the network's fixed emission schedule. Kaspa (KAS) is a proof-of-work blockDAG, and daily issuance falls by the same 5.6% at the step. The network launched with no premine and no hidden allocation, according to the project's own records.

How the Kaspa Block Reward Schedule Works

Kaspa has no single halving day. Its chromatic emission schedule lowers the block reward every month by a fixed factor of (1/2)^(1/12), about 5.6%. Twelve monthly steps halve the reward over 12 months. The policy is set in code and has run since the deflationary phase began in May 2022 at 440 KAS per block, according to the Kaspa Wiki tokenomics page. It mints a fixed number of coins per second, so the reward per block adjusts whenever the block rate changes.

What Changes for Miners and Holders

From November 4, miners earn 1.9445 KAS per block instead of 2.0602. About 96.8% of the maximum supply of 28.7 billion KAS is already in circulation, so the monthly steps now govern how the final share of supply reaches miners. The change touches block rewards only. Wallets, balances and transfers work as before. Holders can follow the price on the Kaspa price chart. Kaspa remains one of the largest proof of work networks by market cap among layer 1 blockchains.

What to Watch Next

The November step is automatic and needs no vote or software change. The same 5.6% cut follows about a month later, in December 2026, and those steps compound into one full halving of the block reward every 12 months. The schedule runs until block rewards reach zero. Mining revenue in KAS terms falls with each step while the supply curve keeps flattening toward the 28.7 billion KAS cap.