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Bitmain’s Upcoming Antminer KS3 ASIC for Kaspa (KAS) is Crazy Fast

16, May 2023

Bitmain’s upcoming Antminer KS3 ASIC miner for Kaspa (KAS) has been announced and it boasts some crazy specs for sure, especially compared to what is already available on the market. The hashrate of the KS3 ASIC miner is supposedly 8.3 TH/s with a 3188 Watts of power usage, meaning a 0.38 J/GHs power efficiency. As a comparison a single RTX 3070 GPU optimized does something like 600 MH/s at 90 Watts of power used, so a single KS3 ASIC miner is equal to around 14000 Nvidia RTX 3070 GPUs in terms of hashrate and is going to be way more power efficient. With the current total network hashrate of Kaspa (KAS) at around 1.16 PH/s at this very moment, doubling it with the Antminer KS3 ASIC miners would only take just like 140 devices and Bitmain should be producing way more than that for sure…

There is no official price announced yet and Bitmain is running a competition for users to guess the price, but you can expect it to be in the tens of thousands for sure. Bitmain plans to start shipping the KS3 miners in August, meaning that you can expect a huge spike in difficulty around that time as the new machines start going online. There will be a couple of reductions of the block reward of KAS by that time and with the massive spike in the hashrate the crazy high profitability of over $2500 USD per day at the moment for the KS3 should be much lower by the time you can actually get your hands on a miner. Bitmain of course wants to take your money now for the KS3.

So, FPGA mining and GPU mining for KAS will start to fade out with ASIC miners hitting the network as it will become unprofitable for sure, even with the price increasing it will still be unreasonable to think that you’d be able to compete with significantly faster and much more power efficient in terms of hashrate ASIC miners. You still have a little more time left to mine though, so do not be quick to switch to another coin just yet. Or use the opportunity to stack up on some KAS coins while the price is low.

Get Ready for Mining IronFish (IRON) In Time for the Mainnet Launch

19, Apr 2023

IronFish (IRON) is a new privacy-oriented Layer-1 Proof-of-Work crypto project that is launching its mainnet tomorrow on April 20th 2023 and that is when the actual mining of the IRON coins will start. IronFish has been in development for a while now and has been running an incentivized testnet for quite some time in order to make sure that at launch everything will be operating properly and everyone will be ready to start mining and using IRON. Every single IronFish transaction is encrypted, hiding sensitive user information on who the sender, recipient, or the amount of transaction was with an accompanying zero-knowledge proof (zk-SNARKs).

The IronFish genesis block will include 42M tokens that will be distributed to insiders, foundation, and community members and to incentivise testnet participants. So, do have in mind that there will be high initial number of coins generated even before mining actually starts, though these will be a 1-year lock-up period for most of these coins, meaning that no tokens can be traded or transferred by an insider for 12 months after the mainnet event. The mining will start with 20 IRON coins per block and a 60 second block time with the block reward going down a little by little every year (not halving every year!).

Now, let us get onto mining IronFish (IRON) coins. Due to the incentivized testnet there are already some pools and mining software available that support the Blake3-based IronFish mining algorithm and you can head on and give it a go mining with your existing GPU hardware. Currently you will be mining testnet coins, but the pools and miners should continue to mine with the launch of the mainnet when that happens tomorrow. This simply means that you can be ready ahead of time and start mining right at the launch, though for that you would need to get the CLI (needs to be compiled) or GUI wallet (node is not syncing) and install it and generate a wallet address that you can use to mine (the address should continue to work on the mainnet, though no coins mined from the testnet will be available there). Pools where you can mine IronFish (currently on the testnet) include HeroMiners, Flexpool and Kryptex and others will probably soon follow with support as the mainnet launches tomorrow.

There are currently three miners available for GPU miners to choose from for mining IRON coins – BzMiner v14.2.0 (AMD/Nvidia), Rigel 1.4.1 (Nvidia Only) and SRBMiner-MULTI v2.2.4 (AMD/Nvidia). Our advice will be to opt out for the SRBMiner-Muilti for the moment as it seems to be faster than the other two options, about 3 times faster on Nvidia RTX 3070 in our comparison tests with similar power usage. Another good thing about the IronFish mining algorithm is that it is a GPU-intensive one, being Blake-based, so memory can run at the minimum operating frequency and you can use a GPU offset to further lower the operating voltage and reduce power usage. In fact, if you have mined KASPA (KAS), Radiant (RXD) or any other of the more recent GPU-intensive crypto coins you should have a good idea on what settings to use for the GPU clock, offset and memory clock in order to optimize performance and reduce power usage (the same clocks should be a very good starting point).

Here is an example command line to run SRBMiner-Multi on Nvidia RTX 3070 for mining IronFish:

SRBMiner-MULTI --disable-cpu --algorithm blake3_ironfish --pool de.ironfish.herominers.com:1145 --wallet WALLET-ID.WORKER-ID --gpu-cclock0 1750 --gpu-mclock0 810 --gpu-coffset0 250

Make sure you set the WALLET-ID and WORKER-ID in order for the miner to properly function and mine to your IronFish wallet!
A good idea to work on is adding Zilliqa (ZIL) dual-mining to go along with IronFish mining as it will increase profit without affecting much the IRON mining, another thing to consider is triple-mining by also adding a memory-intensive algorithm as well in the mix.

Update: Rigel 1.4.2 and BzMiner v14.2.2 updates made them perform faster than SRBMiner-Multi 2.2.4, the Rigel 1.4.3 currently seems to be the fastest option for Nvidia. F2Pool has added support for IronFish mining as well as does not require you to have a wallet address to mine (just when you want a payout). The official GUI wallet has been taken down for now as it is apparently having issues.

– For more information about the project visit the official website of IronFish…

More Kaspa (KAS) FPGA and ASIC Miners are Coming on the Market

10, Apr 2023

The Osprey Electronics E300 14 GH/s kHeavyHash miner might have been the first FPGA miner on the market for KASPA, but it apparently won’t be the only one with more FPGA and ASIC miners for KAS incoming. The E300 was initially priced at $4999 USD and is currently available at $5199 USD with end of May delivery with 400-500 Watts of power usage, but it seems that the device is now facing competition with the MultMiner M2 FPGA miner (apparently a rebranded Blackminer FPGA from HashAltCoin with kHeavyHash support) offering a hashrate of 8 GH/s at 1 kW or 10.5 GH/s at 1.3 kW as well as DigyByte, Tellor, Qitmeer and Kadena support with a price of $2000+ USD. The other new option is apparently called SuperScalar K10 kHeavyHash ASIC miner that promises 30 GH/s hashrate at 1700W of power usage with a price of around $8500-$10000 USD.

All of these FPGA and ASIC miners for KASPA (KAS) are quite expensive and although they do outperform the GPUs that most of us use for mining KAS at the moment, they still might not be a good investment and the reason for that is pretty simple – KASPA (KAS) is the only coin that currently uses the kHeavyHash algorithm and its block reward is decreasing steadily each month (check the emission curve for details) and constantly rising hashrate and difficulty. So, going for a very expensive kHeavyHash ASIC miner that cannot mine anything else is very risky and can easily get you to lose money, it is much wiser to invest what you would pay for the hardware to buy KAS instead, that could turn out to be a much better investment. The situation with FPGAs is a bit better as they could in theory be reprogrammed to mine other algorithms and coins, but there is no guaranteed that they will be, so still quite risky and again might be a better choice to go for directly investing in KAS than to buy FPGA or ASIC miner to mine it with it.

Now, if you happen to have an old Blackminer F1, F1mini, F1+, F1mini+, F1-Ultra or an F2 purchased back in the day from HashAltCoin, then you might want to pay attention here as these got a firmware update to support KASPA (KAS), although the bitstream to support the kHeavyHash algorithm is strangely called “Kasper Bit”. Head on to HashAltCoin’s support section to download the new firmware updates for these devices that will bring you KAS support and depending on the hardware you have you might be lucky to get a “free” MultMiner M2 capabilities. Surely it will be a good enough reason to revive these miners from the dead even if it is just a small mini that is not that much powerful it could still mine you some Kaspa coins at profit due to the great power efficiency of these FPGAs.

Do note however that you might need to use proxy or a VPN if you are based on USA (maybe some other countries as well) in order to access HashAltcoin’s official website and be able to download the firmware updates for the Blackminer!!!

– To the HashAltcoin Support Center with KAS bitstream updates for Blackminer FPGA miners…


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