Week 18 of SOAP:
- 65,502 blocks mined across all chains ( 5.8%)
- $175,946.75 in Weekly Revenue ( 17.9%)
- $3,931,746.30 in Total Revenue ( 4.8%)
- $155.21B TVS across all chains ( 1.7%)
- 73,562,129 Total
$QUAI burned ( 5.0%)
Another week, and another fantastic breakdown of last weeks SOAP performance 🧼
3.5 million
$QUAI burned this week, bringing the total confirmed burns to 73,562,129. Weekly revenue bounced 17.9% from last week's $149,294 post-listing normalization, suggesting the Kraken-driven baseline is settling in above prior levels. TVS and total revenue continue their steady week-over-week grind upward.
- SHA256 - High: 510.66 PH/s | Low: 218.19 PH/s | Avg: 284.29 PH/s ( 4.7%)
- Scrypt - High: 58.55 TH/s | Low: 9.81 TH/s | Avg: 16.19 TH/s ( 1.6%)
- KawPoW - High: 1,311.53 GH/s | Low: 604.35 GH/s | Avg: 848.72 GH/s (-6.4%)
SHA-256 and Scrypt both reversed last week's declines. SHA-256 averaged 284.29 PH/s ( 4.7%), with a weekly high of 510.66 PH/s. Scrypt came in at 16.19 TH/s ( 1.6%). Both ASIC algorithms are showing consistent operator commitment.
KawPoW pulled back at -6.4%, averaging 848.72 GH/s. GPU miners tend to be more elastic across chains, and the ongoing normalization here is expected after the growth we've seen since the start of the year. As the primary block builders on the network, I expect this number to fluctuate above and below the 1 TH/s level, which is exactly what it has been doing over the last few weeks.
A big shoutout to
@QuaiNetwork ambassador
@daviladk for putting out a user-friendly guide for Windows users to mine
$QUAI using their GPUs. Double D is an OG of the Quai community, a fellow Caps fan, and just a stand up father who loves what we're building here. Cheers sir!
Post:
x.com/daviladk/status/204808…
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Two things worth noting this week:
The
@QuaiNetwork team is, once again, on the ground at
@TheBitcoinConf in Las Vegas. This is where SHA-256 operators, institutional allocators, and mining capital concentrate in one place. The SOAP model is purpose-built for this audience, so if you're in Vegas for the conference be sure to stop by our booth and say hi! You may even get a special edition Quai branded
@Tangem wallet for doing so 😉
Post:
x.com/0xalank/status/2048806…
Second - accessibility has been the theme of the year, and opening up access to all 191 countries to buy
$QUAI in the easiest possible fashion has been the goal. Last week, I'm extremely pleased to announce that
@ourbit and
@BloFin_Official have both announced official
$QUAI listings. Cheers to both their teams and go check them out if you haven't already!
Post:
x.com/QuaiNetwork/status/204…
Post:
x.com/QuaiNetwork/status/204…
All chains lead to
$QUAI as we usher in the era of energy money. See you next week! ⚡️💵