Alephium (ALPH) 是下一個 Kaspa (KAS) 嗎？熱門 YouTuber 講述了這一案例

擁有超過 60 萬訂閱者的熱門加密貨幣 YouTube 頻道「VoskCoin」本週發布了一段病毒影片。他們概述了 ALPH 在即將到來的牛市週期中可能產生類似 KAS 收益的原因。

Popular crypto YouTuber “VoskCoin,” who has over 600k subscribers, posted a video this week discussing why ALPH could potentially produce gains like KAS in the next bull cycle.

擁有超過 60 萬訂閱者的熱門加密 YouTube 用戶“VoskCoin”本週發布了一段視頻，討論為什麼 ALPH 可能在下一個牛市週期中產生像 KAS 這樣的收益。

Kaspa (KAS) has been incredibly profitable for miners, providing potential 20x gains for early adopters. ALPH is now gaining attention because it’s also minable, like KAS.

Kaspa (KAS) 為礦工帶來了令人難以置信的利潤，為早期採用者提供了 20 倍的潛在收益。 ALPH 現在越來越受到關注，因為它和 KAS 一樣都是可開採的。

Kaspa, which uses BlockDAG technology, is currently the 27th largest cryptocurrency by market cap at around $4 billion. Notably, KAS is not listed on major exchanges like Binance, Coinbase, or Kraken, yet it remains a significant player in the crypto market.

Kaspa 使用 BlockDAG 技術，目前是市值第 27 名的加密貨幣，市值約 40 億美元。值得注意的是，KAS 並未在 Binance、Coinbase 或 Kraken 等主要交易所上市，但它仍然是加密貨幣市場的重要參與者。

On the other hand, ALPH Coin ranks 280th by market cap with around $140 million. While its market cap is much smaller than KAS, ALPH has gained 856% in the past year, outperforming Kaspa’s 352% gain. This impressive growth suggests ALPH has the potential for further increases, possibly 10x or 20x.

另一方面，ALPH Coin 的市值排名第 280 位，約為 1.4 億美元。雖然其市值遠小於 KAS，但 ALPH 在過去一年中上漲了 856%，超過了 Kaspa 352% 的漲幅。這一令人印象深刻的成長表明 ALPH 有進一步成長的潛力，可能是 10 倍或 20 倍。

Kaspa’s mining rewards are slowing down because its emissions are stepping down over time, which will make the coin more difficult to mine and reduce mining profitability in the next year.

Kaspa 的採礦獎勵正在放緩，因為其排放量隨著時間的推移而減少，這將使該貨幣更加難以開採，並降低明年的採礦盈利能力。

The emissions (new coins mined daily) for ALPH are much lower, only about $80,000 per day compared to $1.25 million for Kaspa. If ALPH grows similarly to Kaspa, its daily emissions could rise significantly.

ALPH 的排放量（每天開採的新幣）要低得多，每天僅為 8 萬美元左右，而 Kaspa 的排放量為 125 萬美元。如果 ALPH 的成長與 Kaspa 類似，其每日排放量可能會大幅增加。

ALPH’s mining uses a method called “Proof of Less Work,” which aims to reduce energy consumption by burning ALPH tokens instead of increasing computing power at scale, essentially capping the energy usage for large miners.

ALPH 的挖礦採用了一種名為「減少工作量證明」的方法，旨在透過燃燒 ALPH 代幣來減少能源消耗，而不是大規模增加算力，從本質上限制大型礦工的能源使用。

Currently, ALPH mining is highly profitable, with top-tier miners earning up to $192 per day, potentially making $70,000 per year. Kaspa miners, like the KS5 Pro, also remain very profitable but will see declining rewards as emissions step down.

目前，ALPH 挖礦利潤豐厚，頂級礦工每天收入高達 192 美元，每年可能賺取 7 萬美元。 Kaspa 礦機（如 KS5 Pro）也仍然非常有利可圖，但隨著排放量的減少，回報將會下降。

Both ALPH and KAS are competing for a place as scalable, decentralized blockchain platforms. While ALPH is trying to differentiate itself with innovative sharding and proof of less work, it remains to be seen if it can replicate Kaspa’s success.

ALPH 和 KAS 都在爭取可擴展、去中心化區塊鏈平台的一席之地。雖然 ALPH 試圖透過創新的分片和更少的工作證明來使自己脫穎而出，但它是否能複製 Kaspa 的成功還有待觀察。

The video concludes by discussing the risks of mining in the current market, with many miners potentially overestimating future profits, especially as competing against large mining farms becomes harder.

影片最後討論了當前市場的挖礦風險，許多礦商可能高估了未來的利潤，尤其是在與大型礦場的競爭變得更加困難的情況下。

While ALPH could be in a good position for the next market cycle, it’s unlikely to replicate Kaspa’s exact trajectory. The key to ALPH’s success lies in the market’s direction. If a new bull run occurs, ALPH could gain major value.

雖然 ALPH 可能在下一個市場週期中處於有利位置，但它不太可能複製 Kaspa 的確切軌跡。 ALPH成功的關鍵在於市場的方向。如果出現新的牛市，ALPH 可能會獲得重大價值。

However, it’s important to note the worst-case scenario: ALPH could become like Kadena, where mining rigs were highly profitable for a short time before collapsing, leading to significant losses for miners.

然而，重要的是要注意最壞的情況：ALPH 可能會像嘉手納一樣，礦機在崩潰之前短時間內獲得高利潤，從而導致礦工遭受重大損失。