Bitcoin’s power law and where Kaspa fits in — ViaBTC explains
In 2024, ViaBTC entered the top five pools mining Kaspa (KAS). By September its hashrate on the network reached 70 PH/s. At the same time, a Power Law Theory (PLT) emerged in the community, projecting bitcoin’s price in line with the power law. It quickly gained traction as an alternative to the much-criticised stock-to-flow model. […]