Posts Tagged ‘Bitmain Antminer KS3’

First Orders of Ice River Kaspa (KAS) ASIC Miners Are Being Delivered

20, Jun 2023

Miners have started reporting that they are receiving their orders for the Kaspa (KAS) ASIC miners from Icer River, a newcomer on the ASIC miner market that although new has managed to deliver their dedicated KAS ASIC mining hardware to users first. It is mostly their lower power models KS0 and KS1 for now, though KS2 will probably be next as well. Icer River even lowered the prices of their 100 GH/s, 1TH/s and 2 TH/s ASIC miners that should start shipping in early July. And the company started taking pre-orders for their newly announced models with more power – the KS3 offering 8 TH/s and KS3L with just 5TH/s hashrate for Kaspa mining, these ones are quite expensive though and should start shipping around the second part of July according to the company maiking them.

Bitmain is also expected to start delivering their AntMiner KS3 KASPA ASIC miners with 8.3 TH/s hashrate at around August time, so things should be heating up quickly in terms of network hashrate. The users that manage to get their miners as early as possible have a higher chance to ROI them faster as with newer and more devices starting to hit the KAS network the newly mined coins will go down quickly. We are already starting to see a bit of an increase in the hashrate, though nothing very significant yet.

GPU miners mining KAS would also soon start dropping out and FPGA miners will probably follow not long after that as the profitability will not be worth it and so moving to other projects that do not have ASIC miners yet would make more sense for sure. Then there is also the emission curve that KAS follows that will also help in further reducing the newly mined coins as well. So, if you are waiting for your KAS ASIC miner or just got it, then you are ahead of the game, but if you are considering ordering it just now and expect it in a month or so, you might want to be more careful in the planning.

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.


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