It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
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.
The sale of the updated Pro version of the AntMiner E9 ETC/ETC miner is apparently going to start in a few days according to a tweet from Bitmain. The new Bitmain AntMiner E9 Pro ETC miner is supposed to deliver 3680 MH/s with 2200 Watts of power usage or 0.6J per MH/s efficiency with a price of $1299 USD per unit (without shipping and taxes) with the sales starting on February 3rd (up to 50 miners per order maximum). The new ETChash miner is not yet listed on the official website, but should soon appear with sales about to start right very soon, it certainly is a nice improvement in terms of hashrate and efficiency compared to the older non-pro E9 model offering 2400 MH/s at 1920 Watts of power usage (0.8 J/M). No word on the amount of available memory on the new E9 Pro units, but it is most likely 6GB like on the older E9 models, so that should cover ETC DAG sizes for quite some time.
With the AntMiner E9 Pro Bitmain is reaching the same level of efficiency as the latest generation of compact iPollo ETH/ETC miners, though iPollo is yet to update their larger miners with the latest hardware and to offer such low prices as Bitmain. Jasminer is still outperforming both iPollo and Bitmain in terms of power efficiency with their ETH/ETC miners, however they do come at a higher price and are yet to support dual-mining. Bitmain has not offered dual-mining for ETH/ETC and ZIL on their previous E9 devices and we are most likely not going to see ZIL dual-mining support on the new models as well, or at least no work yet about it. So, with the current low mining profitability of ETC and improvement in terms of hashrate and power efficiency is nice, but an addition of extra 30 or more percent mining profit from dual-mining with ZIL is something that everyone would love to have. For now, only iPollo does provide support for dual-mining with ZIL on their latest firmware, so it will be nice to also see them updating their larger miners with the latest hardware and with a more affordable price.
The Bitmain AntMiner S9 series for Bitcoin (BTC) mining and AntMiner L3 series for Litecoin (LTC) or other Scrypt crypto coins re now legendary as although a bit old already they are still being used around the world and can still be nice to play around for various custom projects. You can pick these ASIC miners pretty cheap at the moment and use them as space heaters with a little tinkering to make them not so noisy. And they will not only provide you with heat or the cold winter days, but will also pay for some of the electricity they use by mining some crypto coins for you. So, although they may not be profitable if you think about them as miners, they can be turned into great space heaters that will still be better than regular heaters that only use a lot of electricity to generate heat.
If you still have and Antminer S9 or AntMiner L3 series of ASIC miners from Bitmain, or get some used units cheap, then you might want to check out the Hiveon ASIC Firmware for these devices as it will allow you to easily tweak them for either performance or efficiency. There are easy to use profiles to help you run the miner at the exact settings you want to with multiple options in between optimal power efficiency with reduced hashrate or highest possible hashrate. So, you can turn your AntMiner L3+ into a power efficient 500 MH/s Scrypt miner with 660W of power usage, or a 720 MH/s miner at 1300W of power usage or a few more options in between. Then you can head on to dual mining Litecoin (LTC) and DogeCoin (DOGE) for maximum earnings and the same applies to the AntMiner S9 series where you could be mining Bitcoin with a hashrate of 8.8 TH/s at 680W of power usage or up to 19.1 TH/s with 1880 Watts of power if you manage to properly keep the miner cool.
But HiveOn does not only offer alternative mining firmware of these ASIC miners, it comes with a complete management platform ASIC Hub for easier mining with ASIC miners, especially if you have more than just one miner. And there are not only the older S9 and L3 models supported with alternative firmware, newer Bitmain AntMiner ASICs are also available for use such as the S19 models or the T19. The ASIC Hub supports much more ASIC mining devices with their standard firmware from Bitmain, WhatsMiner, Avalon (Canaan), Innosilicon, Ebang etc. So, if you still haven’t checked out what features and advantages you might get with your mining hardware. Then there is also the HiveOS for GPU miners by HiveOn, if you still haven’t checked this one out as well.
– To check out the alternative ASIC firmware available from HiveOn…