Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: FP91G on April 16, 2023, 10:53:35 AM



Title: Kaspa asics
Post by: FP91G on April 16, 2023, 10:53:35 AM
IceRiver KAS KS1
$15,900.00
Function:    KAS Miner
Specifications:   1TH(±10%)   600W(±10%)
https://www.iceriver.io/product/iceriver-ks1/

IceRiver KAS KS2
$29,900.00
Function:    KAS Miner
Specifications:   2TH(±10%)   1200W(±10%)
https://www.iceriver.io/product/iceriver-ks2/



https://solo-kas.2miners.com/account/kaspa:qza8mrzclqz54cdq52rfj90wdfjpj527xzjzcyqxrnxlk55gy700xfyl3jwug#farms
https://kaspa-pool.org/#/dashboard/kaspa:qrpj5eykpwgpkyxvek24lr59l0xc3ud9gfnxk6sfeka8u8m63948y89fw72ad

The profit is fantastic: KAS KS1 - 540 dollars per day, KAS KS2 - 1080 dollars per day. Why sell this if the payback is less than 1 month?

I don’t know if these are real ASICs or it’s a hoax, but this is minus one coin for mining on video cards!

Do not think to buy, waiting for verification



Title: Re: Kaspa asics
Post by: arielbit on April 16, 2023, 12:06:13 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.


Title: Re: Kaspa asics
Post by: Dowper_ on April 16, 2023, 12:07:51 PM
Yes, Kaspa is not profitable anymore for gpus. :-\


Title: Re: Kaspa asics
Post by: arielbit on April 16, 2023, 12:20:42 PM
Yes, Kaspa is not profitable anymore for gpus. :-\

Party is over....waiting for next vram intensive coin or core and vram intensive along with 5xxx series hehe


Title: Re: Kaspa asics
Post by: batsonxl on April 16, 2023, 12:38:06 PM
If it is real then kaspa doomed too.lets see what devs will say


Title: Re: Kaspa asics
Post by: sxemini on April 16, 2023, 02:37:40 PM

The profit is fantastic: KAS KS1 - 540 dollars per day, KAS KS2 - 1080 dollars per day. Why sell this if the payback is less than 1 month?


The profitability will fall very fast. The same happened with DASH after the D3 miner arrived or the first Siacoin miner.


Title: Re: Kaspa asics
Post by: philipma1957 on April 16, 2023, 04:17:43 PM
yeah flood market with gear makes more than mining.

building a new asic miner is 5-10 million.

To have working chips in hand.

The builder could be backed by bitmain or mcrobt.

hide company under new name and kill the coin.

this has happened over and over with gpu coins.


Title: Re: Kaspa asics
Post by: safar1980 on April 16, 2023, 04:33:18 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.
Bitmain can make different ASICs for any algorithm, and E9 Pro confirms this. For any algorithm, a company can make an appropriate ASIC if it sees a benefit in this.
FPGAs in Ethereum mining have not shown good results.


Title: Re: Kaspa asics
Post by: arielbit on April 16, 2023, 05:20:09 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.
Bitmain can make different ASICs for any algorithm, and E9 Pro confirms this. For any algorithm, a company can make an appropriate ASIC if it sees a benefit in this.
FPGAs in Ethereum mining have not shown good results.

Took a while and didn't have a huge gap in performance until now.

I think fast vrams for asic resistance is over, ASIC manufacturers probably knew how to crack the tech, a combination of core and vram like progpow should do but that didn't took off since it was not used by a huge market cap coin.

Also i think it was also a golden age of gpu vram performance upgrade, is there a huge benefit for a gpu to further improve vram tech for gaming? Hmmm.. Maybe if there is a new tech for future gpus then it will be/should be utilized for ASIC resistance.

Asic resistance does not mean asic proof BTW.


Title: Re: Kaspa asics
Post by: Echo8002 on April 16, 2023, 06:01:45 PM
Seems like a scam website to me...No telephone ,no office ,no team...Just compare to other asic manufacturers and see the difference for yourself. Here is the list https://www.asicminervalue.com/manufacturers  I'm 99% certain that this is the next biggest scam in crypto mining world. On the other side the bank they are using is legit based in Hong Kong.


Title: Re: Kaspa asics
Post by: CryptoGrizzly on April 16, 2023, 06:46:42 PM
Seems like a scam website to me...No telephone ,no office ,no team...Just compare to other asic manufacturers and see the difference for yourself. Here is the list https://www.asicminervalue.com/manufacturers  I'm 99% certain that this is the next biggest scam in crypto mining world. On the other side the bank they are using is legit based in Hong Kong.

Domain iceriver.io was registered on Feb 24 2023.

https://www.whois.com/whois/iceriver.io (https://www.whois.com/whois/iceriver.io)



Title: Re: Kaspa asics
Post by: grendel25 on April 17, 2023, 02:42:27 AM
Man, I remember this movie all too well. I wonder how many ASICs are already mining.


Title: Re: Kaspa asics
Post by: safar1980 on April 17, 2023, 12:20:02 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.
Bitmain can make different ASICs for any algorithm, and E9 Pro confirms this. For any algorithm, a company can make an appropriate ASIC if it sees a benefit in this.
FPGAs in Ethereum mining have not shown good results.

Took a while and didn't have a huge gap in performance until now.

I think fast vrams for asic resistance is over, ASIC manufacturers probably knew how to crack the tech, a combination of core and vram like progpow should do but that didn't took off since it was not used by a huge market cap coin.

Also i think it was also a golden age of gpu vram performance upgrade, is there a huge benefit for a gpu to further improve vram tech for gaming? Hmmm.. Maybe if there is a new tech for future gpus then it will be/should be utilized for ASIC resistance.

Asic resistance does not mean asic proof BTW.
And I heard the opinion that ASIC manufacturers did not make equipment for mining Ethereum, because the team could change the algorithm, as some coins do, to protect themselves from ASICs. The miners demanded to change the algorithm if ASICs appeared, and this was discussed for a long time.


Title: Re: Kaspa asics
Post by: sxemini on April 17, 2023, 01:32:34 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.
Bitmain can make different ASICs for any algorithm, and E9 Pro confirms this. For any algorithm, a company can make an appropriate ASIC if it sees a benefit in this.
FPGAs in Ethereum mining have not shown good results.

Took a while and didn't have a huge gap in performance until now.

I think fast vrams for asic resistance is over, ASIC manufacturers probably knew how to crack the tech, a combination of core and vram like progpow should do but that didn't took off since it was not used by a huge market cap coin.

Also i think it was also a golden age of gpu vram performance upgrade, is there a huge benefit for a gpu to further improve vram tech for gaming? Hmmm.. Maybe if there is a new tech for future gpus then it will be/should be utilized for ASIC resistance.

Asic resistance does not mean asic proof BTW.
And I heard the opinion that ASIC manufacturers did not make equipment for mining Ethereum, because the team could change the algorithm, as some coins do, to protect themselves from ASICs. The miners demanded to change the algorithm if ASICs appeared, and this was discussed for a long time.

No they don´t build asics in past for ethereum, because they can´t build it and it was expensive and not so easy to build. But after the first Antminer E3 arrived, it was only a question of time.

And no, bitmain can´t build an asic for every algo - see the progpow algo family - it is asic resistance.


Title: Re: Kaspa asics
Post by: arielbit on April 17, 2023, 08:03:52 PM
Core intensive algos like KAS are ASIC friendly, only memory intensive algo are not so friendly if you look at crypto history. FPGAs are making a killing already.
Bitmain can make different ASICs for any algorithm, and E9 Pro confirms this. For any algorithm, a company can make an appropriate ASIC if it sees a benefit in this.
FPGAs in Ethereum mining have not shown good results.

Took a while and didn't have a huge gap in performance until now.

I think fast vrams for asic resistance is over, ASIC manufacturers probably knew how to crack the tech, a combination of core and vram like progpow should do but that didn't took off since it was not used by a huge market cap coin.

Also i think it was also a golden age of gpu vram performance upgrade, is there a huge benefit for a gpu to further improve vram tech for gaming? Hmmm.. Maybe if there is a new tech for future gpus then it will be/should be utilized for ASIC resistance.

Asic resistance does not mean asic proof BTW.
And I heard the opinion that ASIC manufacturers did not make equipment for mining Ethereum, because the team could change the algorithm, as some coins do, to protect themselves from ASICs. The miners demanded to change the algorithm if ASICs appeared, and this was discussed for a long time.

No they don´t build asics in past for ethereum, because they can´t build it and it was expensive and not so easy to build. But after the first Antminer E3 arrived, it was only a question of time.

And no, bitmain can´t build an asic for every algo - see the progpow algo family - it is asic resistance.

Ethereum marketcap made it possible. The long delay to asic development made gpu miners happy, some algos are just too easy for asic makers.

Who knows? Maybe with enough marketcap progpow can be asic'd too LOL.


Title: Re: Kaspa asics
Post by: FP91G on April 19, 2023, 03:25:37 PM
Ok NOW there's a Kaspa ASIC Miner? Let's take a look at some evidence...
https://www.youtube.com/watch?v=YKLi7bt3NyM&ab_channel=RedPandaMining

Super_Nova0_0 write:
"But it looks like a scam.

It's very easy to name your miner whatever you want and stick them on a pool with iceriver.

I would hold off as they only accept wire transfer and crypto and scammers use this method.

Everyone should wait till either a video of their production or a reputable YouTuber has bought one, if they are real since its location is China someone out there should have a video up soon that will verify if scam."

https://www.reddit.com/r/kaspa/comments/12kp9bv/iceriverio_new_asic_scam_or_legit/


Title: Re: Kaspa asics
Post by: grendel25 on April 24, 2023, 02:57:18 AM
Remember Kaspa's vision in the first place: To be mineable on photonic coprocessor ASICs. The beautiful narrative: ESG compliance with 1/10 energy cost while achieving ASIC performance. The ugly truth: Specialized mining equipment optimized for corporate industry raping.

Remember crypto guys? What does decentralized, trustless, fair launch, etc etc mean to you?


Title: Re: Kaspa asics
Post by: FP91G on May 17, 2023, 02:28:41 PM
https://i.ibb.co/grfK0X5/photo-2023-05-16-18-39-50.jpg (https://ibb.co/QJTwWq2)
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…
https://cryptonews.net/news/mining/20993937/

Profit about a million a year now. And what will be the profit in September?
https://www.asicminervalue.com/miners/bitmain/antminer-ks3-8-3th