It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Karlsen Network and the Karlsen Coin (KLS) is a new project that is forked from Kaspa (KAS) with a a modified Proof of Work algorithm called KarlsenHash that prevents KAS ASICs to mine the coin. The project is still new and early and not much information is available, so you should treat with caution as always and if installing a local wallet and node you should do it in a sandbox environment just to be on the safe side. The project has caught a lot of attention from crypto miners and a lot of GPU mining power is being sent over to mine KLS coins (50 coins per block with 1 second block time). There are still no exchanges available with support for KLS, but you can mine with a local node and wallet and there are already pools supporting Karlsen Network mining popping up like Herominers. The latest version of SRBMiner-Multi has added support for mining KLS coins with the new algorithm (1% dev fee) and you can use the same settings you used for KAS mining on your GPUs. Below you can find a quick guide that we’ve prepared on how to setup a local Karlsen Network node and create a local wallet that you can mine KLS coins to if you are interested in getting started with mining.
Quick Getting Started Guide:
1. Download the latest Karlsen Network node and wallet from GitHub.
2. Unzip the downloaded archive that contains 5 different executable files.
3. Run "karlsenwallet create" to generate a local wallet, you will be prompted to create a password for encryption (remember it!)
4. You will get a keys.json file created with the encrypted private key (back it up!) and you will be shown a public key (this is not a wallet you can mine at, you will need to create wallet!)
5. Run "karlsenwallet dump-unencrypted-data" to get your 24-word mnemonic phrase for recovery (write that down and store securely).
6. Run "karlsend --utxoindex" to start a local node on your computer.
7. Run "karlsenwallet start-daemon" to get the wallet ready.
8. Run "karlsenwallet new-address" in order to generate a wallet address that you can point your miners at the mining pool.
9. Run "karlsenwallet balance -v" to check the balance of your wallet(s) when pools send you payments, you need to wait for the blockchain to sync for the balance to appear.
10. Run "karlsenwallet send -v amount_of_Karlsen_to_send -t wallet_public_address" to send coins from your local wallet to a different wallet, make sure you set the amount and the wallet to send to.
Example SRBMiner-Multi Karlsen mining command line:
SRBMiner-MULTI.exe --algorithm karlsenhash --pool stratum+tcps://de.karlsen.herominers.com:1195 --wallet karlsen:YOUR_WALLET_ID --password WORKER_ID --gpu-cclock0 1710 --gpu-mclock0 810 --gpu-coffset0 250
Make sure you update the wallet and worker ids in the example command line above as well as change the GPU clock, Memory clock and offset according to what your GPUs can handle. Again, using the same settings you have used for mining KAS on your GPUs (if you did) is a good starting point. The example shows a good average for use on Nvidia GeForce RTX 3070 GPU.
– Visit the official Karlsen Network (KLS) project website for more info…
Iceriver, the first Kaspa (KASP) ASIC manufacturer, has announced the upcoming release of the KS0 PRO ASIC miner that is apparently set to replace their current entry level KS0 device. The original Iceriver KS0 miner is no longer listed on the official website, it was capable of 100 GH/s KAS mining hashrate with 65 Watts of power usage by default, though we’ve seen unofficial firmware that allowed users to overclock it up to 160 GH/s with 100+ Watts of power usage. The overclockability of the KS0 probably led to the official release of a KS0 PRO version that is capable of 200 GH/s at 100 Watts of power usage, or slightly more hashrate with less power usage than the OC option. Still, the Iceriver KAS KS0 PRO ASIC miners are doubling the official hashrate of the KS0 and with just about 50 percent power usage increase, so better than the OC results.
Of course, these replacing the original KS0 should come at the same price or even lower in order to be considered a worthwhile investment at the moment and the KS0 Pro to be considered a worthy update, especially now that there is unofficial overclock for the original miners and with the constantly increasing network difficulty. However, Iceriver has not yet revealed what the price will be for the successor of the KS0, namely the KS0 PRO. We are expecting something in the $500-$600 USD range as the most likely price per unit, though we might still be either pleasantly or unpleasantly surprised by the actual price. We’ll have to wait a bit more and see what Iceriver will reveal and when the actual orders for the new KS0 Pro devices will be opened.
Interestingly enough the new Iceriver KAS KS0 PRO miners are still passive (no active fan cooling), though for 100 Watts of power usage you should definitely consider adding a cooling fan or placing the miner in a well-ventilated room that has good constant airflow. It would’ve been nice if the new device had PCI-E power connector, so that we could utilize existing computer PSUs and not buy powerful laptop-type external power bricks. So, could Iceriver done better with the new KS0 Pro – probably, still it is nice to see that they are at least doing some improvements.
– For more information about the ICERIVER KAS KS0 PRO Kaspa ASIC Miners…
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.