When choosing your ASIC miner, it is important to consider the algorithm used, the difficulty of the targeted cryptocurrency, the hashrate power and the wattage consumption. IceRiver KAS KS1 and IceRiver KAS KS2 ASIC for Kaspa Mining. As the market continued to slide down through March, it pretty much flatlined again. Best ASIC miners by profitability and hashrates. They have the pick of the litter so you will get pennies on the dollar. Its better than ASICs for sure, but its far from ideal. 5. We mined separately Kaspa (KAS), Ethereum Classic (ETC), and Ergo (ERG) and then dual mining combinations such as Ethereum Classic + Kaspa and Ergo + Kaspa. With some notable exceptions, they dont even try to make them look nice. AvalonMiner A1166 Pro. ASIC miners are more suited to mine bitcoin, litecoin, and bitcoin cash, among other cryptocurrencies. Let us know. Profits calculated over 200+ coins and 25+ algorithms. Bitcoin mining is The fact that they didnt is proof that they wont. For additional support, you can refer to this video tutorial that provides step-by-step guidance on configuring your FPGA device for Kaspa mining. This point is demonstrated perfectly in 2021 an older Bitmain S9 is now barely profitable, producing a net profitability of ~$1.50 on 1600W, and even that is only because of a significant hashrate drop due to China banning mining prior to that it was sub $1. Discover the best GPUs for mining based on profitability and hashrates. By effectively utilizing the GPUs resources for mining two coins, miners can increase their overall earnings without having to invest in additional hardware. For all of these reasons I almost always insist that all ASICs in proximity are temporarily turned off while Im working on a farm. SHA-256. And its why GPUs will always be the better choice for small-to-medium-size miners. When choosing your ASIC miner, it is important to consider the algorithm used, the difficulty of the targeted cryptocurrency, the hashrate power and the wattage consumption. WebRealtime mining hardware profitability | ASIC Miner Value Miners profitability Live income estimation of all known ASIC miners, updated every minute. Both the IceRiver KAS KS2 and KS1 devices are dedicated to mining Kaspa exclusively, ensuring that users can take full advantage of the rapidly growing Kaspa network and its unique features. If data does not fetch or shows some error. You may as well be mining Bitcoin: voil, mining bitcoin is profitable. Because when you take the easy route, everyone is building the same rigs you are, buying the same GPUs you are, and mining the same Ethereum and Ravencoin that you are. Profitability more than doubled in the same time period that Bitcoin barely edged upwards. lolMiner.exe --algo AUTOLYKOS2 --pool erg.2miners.com:8888 --user 9hcksqJGwwYP6hwxzs6fAqfu3Qdi7YdHoK9GrUxpYhNDeFCZrPh --dualmode KASPADUAL --dualpool kas.2miners.com:2020 --dualuser kaspa:qzc3wdqk58t7s9049p3nhz8l2hu6ru6mta6adeuz688xu7g3k7ph2f38z2gu8. What happens? A GPU cant compete with an ASIC in terms of raw hashpower or efficiency. GPUs are livable because they were designed to be lived with. Conversation over, right? To provide a way for clients to earn from crypto mining, Minery offers seven key benefits: These benefits allow Minery to offer clients a seamless way to earn returns on their crypt mining investments. Theres nothing to really say here. However, its important to note that to fully optimize this dual mining approach, miners should carefully consider their energy consumption and adjust their settings accordingly. Profits calculated over 200+ coins and 25+ algorithms. What happens when an ERGO ASIC comes out? This was because at this point, so many had given up on GPU mining, leaving those who stuck with it to reap all of the rewards. Depending on the economics of a given blockchain and coin, it can be profitable or not. No, not even close [math], PSA to new Crypto miners: Mining calculators are the tools of the devil. ROI = Income Sticker Price Electricity + Residual Value. While everyone else is paying for heat, my heat is paying me. Whereas with ASICs, profitability is down to roughly half of what it was in April, with no end to the decline in sight. A calculator considers crucial metrics such as your mining rig's hash rate, the current BTC price, the rig's power consumption and electricity costs. Please make sure to replace the example wallet addresses with your own. If the income for that crypto exceeds the cost in electricity, theres no reason to ever turn it off. GPUs This is where GPUs win hands down. The 2Miners pool has dedicated ports for ASIC mining, with a 3434 port on the SOLO pool and a 2222 port on the PPLNS pool. The world of cryptocurrency mining is a constantly evolving landscape, where the profitability of mining operations can fluctuate rapidly. Additionally, as more miners join the network and adopt powerful ASIC devices like the KS2, the mining difficulty is likely to increase, impacting the devices profitability. Its counter-intuitive, but for virtually anyone reading this, ASICs are the worst deal in cryptocurrency mining hardware and arguably in all of crypto. It is profitable when mined through a mining pool. ETH developers are notoriously terrible at setting timetables, and its extremely unlikely to happen in 2021, and not even a sure thing for 2022. Bitcoin mining is When choosing your ASIC miner, it is important to consider the algorithm used, the difficulty of the targeted cryptocurrency, the hashrate power and the wattage consumption. Custom PC hardware is designed to be as aesthetically pleasing as a piece of computer hardware can be. IceRiver is the first manufacturer that releases the ASICs for the KHeavyHash mining algorithm which is used exclusively by the Kaspa network. Whereas even ancient GPUs like the RX 470 4GB, which cost $200 retail 5 years ago and uses only 125W, still nets $2+/day. WebLuckily, you can use a Bitcoin mining profitability calculator to estimate the ROI margin before you even step out to shop for those ASICs. But let us never forget the #1 Cardinal Rule of Mining profitability is always inversely proportional to how easy it is to mine something. For people now in your situation, at least. The fact that youre not directly mining Bitcoin is a distinction without a difference. What happens? Its virtually effortless to turn that RVN into BTC, lots of pools and exchanges will do it automatically for you. URL: stratum+tcp://solo-kas.2miners.com:3434 Bitcoin Cash! Application-specific integrated circuit (ASIC) mining equipment is quite popular in the cryptocurrency mining industry, and for good reasons. Cheap = low barrier to entry = no one wins but the people running the show. And that goes for every part in the rig. That is why we created the Asic Miner Compare website. WebLive income estimation of all known ASIC miners, updated every minute. Model. We are not responsible for any loss, damage or profit that may result from the use of such information. Once you can determine the mining revenue, it is a simple matter to calculate the miners cost, electricity, cooling devices, and other costs. WebASIC miners are devices specifically designed for cryptocurrency mining. Furthermore, Kaspa employs a custom-built mining algorithm called KHeavyhash, which is designed for GPU mining, allowing for dual mining of Kaspa and other cryptocurrencies relying on memory-intensive mining algorithms. However, it is easier and more rewarding to mine crypto with Minerys crypto mining hosting. WebRealtime mining hardware profitability | ASIC Miner Value Miners profitability Live income estimation of all known ASIC miners, updated every minute. Kaspa is a unique hybrid cryptocurrency that combines features of both Bitcoin and Ethereum-like blockchains. The only way your profitability ever rises above where it was on day 1 is if the market price of bitcoin increases but then you have to ask yourself why you bought an ASIC and not just bitcoin itself. Use your Kaspa wallet address instead of YOUR_WALLET_ADDRESS. An ASIC is a one trick pony it can only mine a specific coin. We will reply to you as soon as possible. Clients can make profits from their mining investments without physical work. The chart below shows the number of invalid shares before and after the special port was introduced on 2Miners. Never forget, dont mine what you hold, and dont hold what you mine. You can easily check the profitability of ASIC mining for given crypto, online with online calculators. You rent out your hardware for rendering, for AI, for data analysis, and for a whole host of other things that the world will come up with to put those GPUs to use. Even more so for your memory, HDDs, PSU, CPU, motherboard, and every piece of hardware that went into your mining rig because thats useful to anyone who builds a computer for any reason. You can easily check the profitability of ASIC mining for given crypto, online with online calculators. For SOLO pool: stratum+tcp://solo-kas.2miners.com:3434 A new block is created every 1 second on average. Does any data on this page looks incorrect and you would like for us to check it? Heres Bitcoin. If youre buying a new model, expect to wait much longer while they test your bitcoin mining device out for several weeks while the coin is at its most profitable. 0.03 up to 0.065. That is why we created the Asic Miner Compare website. WebThis point is demonstrated perfectly in 2021 an older Bitmain S9 is now barely profitable, producing a net profitability of ~$1.50 on 1600W, and even that is only because of a significant hashrate drop due to China banning mining prior to that it was sub $1. It takes a while to configure one and start mining cryptocurrencies. If income no longer exceeds the cost in electricity, your ASIC is worthless (to you, at least). This field is not mandatory. WebRealtime mining hardware profitability | ASIC Miner Value Miners profitability Live income estimation of all known ASIC miners, updated every minute. This way, miners can fine-tune their GPUs for maximum efficiency and profitability. WebASIC Miner profitability ranking. Password: x. Kaspa has been one of the most profitable coins for GPU mining, attracting many miners to its network. We have thousands of ASIC miners to increase mining revenue. ASIC mining profitability can be maximized by adopting Minerys hosting-based mining plan. Given enough time youll probably still turn a profit. bitprostarted out as a company specialized in the design, building, and management of cryptocurrency mining rigs and large-scale operations. WebOur mining monitoring and management software for Windows GPU rigs is the perfect solution for those who prefer to mine on their Windows machines. For the most part, mining rigs arent plug-and-play. WebLuckily, you can use a Bitcoin mining profitability calculator to estimate the ROI margin before you even step out to shop for those ASICs. In May we saw a momentary recovery, and a corresponding bump in growth, but nothing dramatic. Whereas with GPUs, a significant amount of them come from gaming rigs that are mining in their off time or casual miners with a rig or two. Let that one sink in. (If youve been listening, you already know what the problem is. The firm stores the processes, software, database, and other computing services. One possible challenge with using the IceRiver KAS KS2 is the increasing network hashrate, which could result in lower mining rewards over time. GPUs Theres no doubt about it, GPUs are more difficult to mine with. Sure, there are ASICs that can mine more than one algorithm, or more than one coin, but at the end of the day, all they will ever be able to do is the only thing they were specifically made to do. A Bitmain s19j produces about $32 worth of BTC for an input of 3000W. Even when ASICs did come out for them, they were either barely more efficient than GPUs (Ethereum), or most cryptos changed their software to make the ASICs useless (Cryptonight, Equihash). ASIC miners are generally profitable, but miners may return negative net revenue under certain circumstances, such as high energy costs. Although the settings used in this experiment may not be optimal for energy consumption, the achieved hashrates emphasize the possibilities of dual mining as a way to maximize the use of a single GPU. Knowing the most profitable ASIC miners to use is an excellent step in drafting a crypto mining plan. In some cases, dual mining can achieve more than 95% efficiency for ETC or ERG mining compared to mining these coins individually, while still maintaining up to 70% efficiency for Kaspa mining. But they all follow a general formula: (Miner hashrate Network hashrate) (Number of blocks per day block reward). You could always find the settings for Kaspa mining on the Help page. That figure varies according to country and mining energy source, so it is vital to know the mining cost of your country. You can choose to set up a physical mining rig (sometimes called on-premise mining) or subscribe to a hosted mining service. Release Date. Several years have passed since this article was originally written. To mine Kaspa using FPGA devices, the teamredminer software is recommended. Dont get me wrong if youre dead set on ASICs, Ill make them work for you as best as I can, youll just never see me recommend one. Please note that calculations are based on mean values, therefore your final results may vary. This is where GPUs win hands down. It is profitable when mined through a mining pool. AvalonMiner A1166 Pro. Worst of all, if you were planning on putting the ASIC anywhere within earshot of a human or arms-reach of a child. GPUs GPUs are either more or less expensive depending on how you look at it. And there are literally hundreds of millions of gamers out there. On a dollar-for-dollar basis, where it matters most GPUs are unequivocally more efficient. Warranty service is straightforward and the furthest youll ever have to send a package is to California. Custom PC hardware is designed to be. December sure was a great month, but the May bump is barely perceptible. When it comes to mining Kaspa, selecting the right mining pool can significantly impact your overall mining experience and profitability. Bitcoin Mining Machines & ASICs (Hardware) By Jordan Tuwiner Updated January 1, 2023 Bitcoin mining as a hobby can be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware. Depending on the economics of a given blockchain and coin, it can be profitable or not. Which means on a per unit basis youre all on a level playing field, so you can completely factor the hashrate out of the equation. A GPU cant compete with an ASIC in terms of raw hashpower or efficiency. Always use the special port for ASIC. You run your GPUs, and you get Bitcoin in return. I dont mean louder than youd prefer, I mean louder than any reasonable person can tolerate. Lets examine how ASICs and GPUs truly stack up on all of these supposed advantages. You could find the detailed answer in our post Crypto Mythbusters: Solo Mining Pools Are Useless. John published a series of articles about the basics of cryptocurrency mining. No problem. And what about the SOLO pools? But lets never forget Cardinal Rule #3 either. But are you mining hashes, or are you mining crypto? Cryptocurrency prices, electricity costs, and the efficiency of the ASIC miner can all affect profitability. WebThe Profit switching feature will optimize the mining for maximum profitability based on statistics from both standard mining pools and multi-coin pools. We made some tests with the mining rig made of Nvidia 3070 GPUs. Sure, they cant beat ASICs at their own game. Given enough time youll probably still turn a profit. Lyra2z, Skein, Lyra2REv2, PHI1612, Tribus, NEXUS, BCX, Solidity-SHA3, Keccak, XDag, ZP, Keccak-C, Keccak-D, BCD, Lyra2REv3, BMW512, Eaglesong, KangarooTwelve, Blake (2b-BCHC), Tellor, Blake (2s-Kadena), X11, Quark, Qubit, Myr-Groestl, Skein, Nist5, X11Gost, Groestl, Lyra2z, Skein, Lyra2REv2, PHI1612, Tribus, NEXUS, BCX, Solidity-SHA3, Keccak, XDag, ZP, Keccak-C, Keccak-D, vBlake2, BCD, Lyra2REv3, BMW512, KangarooTwelve , Eaglesong, KangarooTwelve, Blake (2b-BCHC), Lyra2z, Skein, Lyra2REv2, PHI1612, Tribus, NEXUS, BCX, Keccak-C, Keccak-D, Amoveo, Veriblock, BCD, Lyra2REv3, Odocrypt, Eaglesong, KangarooTwelve, Sha3d, X11, Quark, Qubit, Myr-Groestl, Skein, Nist5, X11Gost, Blake (14r), Blake (8r), Blake (2b), LBRY, Pascal, Eaglesong, Blake (2s-Kadena), vBlake2, Solidity-SHA3, Groestl, Myr-Groestl, LBRY, Pascal, Lyra2REv2, Odocrypt, KangarooTwelve, Blake (2s-Kadena), Tellor, Keccak256. WebLive income estimation of all known ASIC miners, updated every minute. Depending on the economics of a given blockchain and coin, it can be profitable or not. A million people show up, raise their hands and split the $10 million dollars a million ways, and walk away with $1 less than it cost to enter. Big or small, quiet or loud, hot or not if you want it, someone makes it. This increases the cost and physical requirements (space, cooling equipment, and different computers) for mining. For each of the tests, we checked the maximum possible stable hashing rate for the GPUs. A full 6-GPU rig will cost more than your average ASIC because its not just a single thing, but a modular system. To mining Kaspa, selecting the right mining pool can significantly impact your overall experience. You as soon as possible a difference and large-scale operations some error ( to you as soon as possible block! Lets never forget Cardinal Rule # 3 either with using the iceriver KAS KS2 ASIC for mining. 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