When engaging in dual mining, both ETC/ERG and Kaspa can be mined effectively without compromising the mining efficiency of either coin. Use your Kaspa wallet address instead of YOUR_WALLET_ADDRESS. AvalonMiner A1166 Pro. Power cost. WebThe Profit switching feature will optimize the mining for maximum profitability based on statistics from both standard mining pools and multi-coin pools. This more affordable option still delivers impressive mining performance, making it suitable for those who want to enter the Kaspa mining market with a lower initial investment. One possible challenge with using the IceRiver KAS KS2 is the increasing network hashrate, which could result in lower mining rewards over time. 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). 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. Q #2) Is ASIC mining profitable in 2021? Bitmain Antminer L7 (9.5Gh) Nov 2021. Ethereum Classic + Kaspa: 60.4 MH/s for ETC + 543.9 MH/s for KAS, Ergo + Kaspa: 167.5 MH/s for ERG + 502.7 MH/s for KAS. Device missing? Nothing else can compete with an ASIC on that front. Specify the name of the rig as you want it to be shown on the miners statistics page. For example kaspa:qzd6sfx3a8gx3q0qjvsts0pc4gj62z8a4kdf6qcndq5fg42wwxpv6sv9ngmg9. For Bitcoin, its 6.25 new BTC every ten minutes, no more, no less. Minerstat uses cookies to improve your experience of our site. But when times get tough, its often not enough to stay afloat or make a satisfying return. Using below table, you can check how profitable it is to mine selected altcoins in comparison to bitcoin. When it comes to mining Kaspa, selecting the right mining pool can significantly impact your overall mining experience and profitability. 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. ASIC miners are generally profitable, but miners may return negative net revenue under certain circumstances, such as high energy costs. Save your ASIC devices mining configuration and restart the device if necessary. Application-specific integrated circuit (ASIC) mining equipment is quite popular in the cryptocurrency mining industry, and for good reasons. And at the end of the day, when your GPU is no longer useful to mine, or if you decide you want to get out of mining altogether this flexibility is still your best friend. Device missing? ASIC vs GPU: Quality, Availability, and Warranty. Access all popular mining pools with just a click to get started with the profit based mining right away. 4. ASIC miners are devices specifically designed for cryptocurrency mining. Application-specific integrated circuit (ASIC) mining equipment is quite popular in the cryptocurrency mining industry, and for good reasons. Bitmain Antminer L7 (9.5Gh) Nov 2021. Live income estimation of all known ASIC miners, updated every minute. Hashrate. Lets examine how ASICs and GPUs truly stack up on all of these supposed advantages. URL: stratum+tcp://kas.2miners.com:2222 Conversation over, right? Again, its not even a contest, GPUs win hands down. Sell Us Your SSD (Solid State Drive ) or HDD (Hard Drive), Guide: ITAD Company vs. Bitpro for selling GPU mining hardware, Where to Sell Graphics Cards: The Definitive Guide from the leading online seller, Selling graphics cards: how to avoid common scams [Guide], Is GPU mining profitable in 2022? Primarily, out of date charts and figures were updated to reflect current data. The IceRiver KAS KS2 is priced at $29,900.00 and offers a mining capacity of 2TH/s (10%), with a power consumption of 1200W (10%). These things are hot, loud, and dangerous. After calculating the ASIC payback , it is necessary to compare it with the mining on video cards or cloud mining, because this can be more efficient. GPUs might as well just drop the mic and walk away. Not so fastlets dig in a little deeper here. WebTop 5 hardware currently on NiceHash ASIC EARNINGS/DAY BITMAIN AntMiner L7 0.00079800 BTC $24.00 BITMAIN Antminer S19 XP Hyd (255Th) 0.00077300 BTC $23.25 iPollo V1 0.00064900 BTC $19.52 BITMAIN AntMiner S19 Pro+ Hyd (198Th) 0.00060000 BTC $18.04 BITMAIN Antminer T19 Hydro (158Th) 0.00055600 BTC $16.72 GPU Return policies are generous and hassle-free. In any situation where you would have lost buying the ASIC, youd have lost less by investing into GPU mining or just buying the crypto. Of course, the reality is far more complex, but the general idea stands in mining, ease of use is not a positive, its a negative. WebTop 5 hardware currently on NiceHash ASIC EARNINGS/DAY BITMAIN AntMiner L7 0.00079800 BTC $24.00 BITMAIN Antminer S19 XP Hyd (255Th) 0.00077300 BTC $23.25 iPollo V1 0.00064900 BTC $19.52 BITMAIN AntMiner S19 Pro+ Hyd (198Th) 0.00060000 BTC $18.04 BITMAIN Antminer T19 Hydro (158Th) 0.00055600 BTC $16.72 GPU 3. Our data centers are powered by hydroelectricity, a. profitability is always inversely proportional to how easy it is to mine something. Password: x. Kaspa has been one of the most profitable coins for GPU mining, attracting many miners to its network. For the most part, mining rigs arent plug-and-play. The screenshot displaying ETC + KAS dual mining results highlights the potential for impressive hashrates when mining both coins simultaneously. WhatsMiner M32-62T. At first glance, ASICs have a lot going for them. It is profitable when mined through a mining pool. Kaspas block rewards are also unique, as they are paid retroactively to the addresses of the blocks being pointed to, rather than directly to the miners address. Discover the best GPUs for mining based on profitability and hashrates. Revenue 24h. 9.5 Gh/s. One crucial tool that helps them do this is real-time ASIC miner profitability calculators. 4. Basically, an ASIC is solely a bitcoin mining machine. Let us know. You could leave it empty. Warranties tend to be 3+ years, which will last the entire usable mining life of the parts. Theres no better argument against ASICs than the fact that, And if you dont want to deal with the hassle of selling your mining gearthats, As a purpose-designed machine, they tend to be well built, but decidedly no-frills. You mine something that probably doesnt even exist yet. Once you hit the power/heat wall, its often a very costly upgrade to continue expanding, and you need to make some hard decisions about how to move forward. Whereas with ASICs, profitability is down to roughly half of what it was in April, with no end to the decline in sight. ROI = Income Sticker Price Electricity + Residual Value. WebASIC miners are devices specifically designed for cryptocurrency mining. How long until you break even and start making profits? The first time you hear one you will stand in awe of how such a little machine could possibly be so loud. More powerful, more efficient, more stable, easy to use, and cheap. So youre much better off DIYing or even buying an off-the-shelf GPU rig over buying an ASIC. GPUs This is where GPUs win hands down. More powerful, more efficient, more stable, easy to use, and cheap. Hosting-based crypto mining is popular because, in the end, it generates more revenue and profit for crypto miners. Using below table, you can check how profitable it is to mine selected altcoins in comparison to bitcoin. Power cost. They are not flexible, period. ASIC miners are more suited to mine bitcoin, litecoin, and bitcoin cash, among other cryptocurrencies. It ensures the best performance of your machines and reduces internet traffic significantly. We recommend going to the SOLO KAS mining pool only if you get at least 1-2 blocks a day. The power of the ASICs themselves are completely irrelevant. WebLuckily, you can use a Bitcoin mining profitability calculator to estimate the ROI margin before you even step out to shop for those ASICs. Q #2) Is ASIC mining profitable in 2021? Theyre particularly good at graphics and cryptocurrency mining, but the important takeaway is that they can calculate anything. WebMining profitability calculator Stay on top of the mining market with minerstat's profitability calculator. In contrast, the process of setting up with a USB ASIC miner is pretty simple, and several tutorials are available. For best results fill all If the income for that crypto exceeds the cost in electricity, theres no reason to ever turn it off. While everyone else is paying for heat, my heat is paying me. If youre notwell, thats when you call up your friendly neighborhood crypto guy. This powerful ASIC device provides an efficient solution for miners looking to maximize their Kaspa mining capabilities. And since everyone else is buying the same ASICs that you are, everyone ends up in exactly the same place burning the same watts for the same relative slice of the profits. And its why GPUs will always be the better choice for small-to-medium-size miners. For the most part, mining rigs arent plug-and-play. bitprostarted out as a company specialized in the design, building, and management of cryptocurrency mining rigs and large-scale operations. Profits calculated over 200+ coins and 25+ algorithms. The KS2 hashrate is equivalent to 3,000 Nvidia 3070 GPUs, this powerful device demonstrates remarkable mining performance. In contrast, the process of setting up with a USB ASIC miner is pretty simple, and several tutorials are available. But theyre not playing the same game. Warranties tend to be 3+ years, which will last the entire usable mining life of the parts. That is why we created the Asic Miner Compare website. You dont even want to be in the same room as one of them, let alone 10 of them. 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. Estimate your earnings and maximize your profits. Theres no doubt about it, GPUs are more difficult to mine with. Beyond that, there will likely be another ETH PoW fork, and other coins such as RVN and ERGO are growing rapidly and likely to be able to pick up a significant amount of slack. with near-silent water cooling. How do you do this? Despite the crypto market cap taking a plunge of 70% in 2022, the mining firm still expects annual profits to drop less than 15% this year. With the introduction of these ASIC devices, Kaspa mining is becoming increasingly competitive, and miners can expect more advanced hardware options to emerge in the future. The revenue figures are dynamic and are impacted by several factors. 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. 255 Th/s. A Bitmain s19j produces about $32 worth of BTC for an input of 3000W. 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. GPUs are livable because they were designed to be lived with. Achieving a balance between high hashrates and reasonable power consumption is crucial for long-term mining sustainability and profitability. WebASIC miners are devices specifically designed for cryptocurrency mining. The only real winner in this arms race is the company building the ASICs. You pay the small pool fee of 1-1.5% but you get a whole bunch of advantages. Remember that you could currently use only the Kaspa wallet address as the login. Of course, the reality is far more complex, but the general idea stands in mining, ease of use is not a positive. Kaspa is a unique hybrid cryptocurrency that combines features of both Bitcoin and Ethereum-like blockchains. The settings are quite straightforward. An ASIC is a one trick pony it can only mine a specific coin. ASIC stands for Application-Specific Integrated Circuit miner.. 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. According to the hashrate.no calculations, the estimated ROI for these devices ranges from 502 days for the Xilinx U50C to 1744 days for the SQRL Forest Kitten 33. Big or small, quiet or loud, hot or not if you want it, someone makes it. As these powerful devices flood the network, the mining difficulty is expected to rise, leading to reduced rewards for individual miners. ASIC miners are generally profitable, but miners may return negative net revenue under certain circumstances, such as high energy costs. Availability is outstanding Amazon, Newegg or even your local micro center will sell everything you need. 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. Even so, theres nothing here that will maim you worst case is a boo-boo and a band-aid. Forget about credit cards or PayPal or most other typical ways of paying over the internet. Several years have passed since this article was originally written. Overall, GPUs are a little more expensive upfront but cost less to own over time. This is an incredibly important distinction. As the market continued to slide down through March, it pretty much flatlined again. But something is better than nothing. ASIC monitoring With ASIC Hub, you can monitor and manage your Antminer, Avalon, Whatsminer, Innosilicon, and other major ASIC brands with ease. A single ASIC is even less expensive than a full GPU rig. We no longer provide consulting services, but we still follow all aspects of the market closely, as miners ourselves. URL: stratum+tcp://solo-kas.2miners.com:3434 What happens? . If youre up for that and have the patience for it, it has been almost impossible not to profit with GPU mining. When theres almost no barrier of entry and success is assured when everyoneis a winne. Answer: Bitcoin mining is profitable with an ASIC in 2021. December sure was a great month, but the May bump is barely perceptible. 2022 Asic Miner Compare. For the most part, mining rigs arent plug-and-play. After calculating the ASIC payback , it is necessary to compare it with the mining on video cards or cloud mining, because this can be more efficient. Learn how Kaspas unique DAG structure impacts mining and uncover the potential rewards for participating in the mining process of this growing network. It might be difficult for you to mine cryptocurrency by yourself and make profits quickly for these reasons. WhatsMiner M32-62T. Like every other business, crypto mining requires a well-planned process. After calculating the ASIC payback , it is necessary to compare it with the mining on video cards or cloud mining, because this can be more efficient. When theres almost no barrier of entry and success is assured when everyoneis a winner, no one is a winner. You run your GPUs, and you get Bitcoin in return. If data does not fetch or shows some error. GPUs Sure, they cant beat ASICs at their own game. Again, its not even a contest, GPUs win hands down. It takes a while to configure one and start mining cryptocurrencies. Estimate your earnings and maximize your profits. You could find the basic connection parameters below. . And its why GPUs will always be the better choice for small-to-medium-size miners. Estimate your earnings and maximize your profits. In the early days of crypto, there was a short period when ASICs had pretty much buried GPUs. But standing in a well-ventilated room full of 500 GPUs? 9.5 Gh/s. The basic setup for teamredminer could be found below. lolMiner.exe --algo ETCHASH --pool etc.2miners.com:1010 --user 0xa6e43E5D497ce1f4d28b4270630E97308eDA8b3e --dualmode KASPADUAL --dualpool kas.2miners.com:2020 --dualuser kaspa:qzc3wdqk58t7s9049p3nhz8l2hu6ru6mta6adeuz688xu7g3k7ph2f38z2gu8, Heres an example of a bat file for Gminer that you can use for dual mining Kaspa (KAS) and Ergo (ERG). And Ethereum-like blockchains or shows some error and several tutorials are available real winner in this race... A well-planned asic mining profitability equipment is quite popular in the early days of crypto there. Statistics page success is assured when everyoneis a winne statistics from both standard mining pools just. 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For small-to-medium-size miners in comparison to bitcoin if necessary outstanding Amazon, Newegg or even buying an ASIC is a... In comparison to bitcoin top of the parts primarily, out of date and! Upfront but cost less to own over time mining profitable in 2021 and walk.... Get a whole bunch of advantages when everyoneis a winne get at least 1-2 blocks a day how. Stack up on all of these supposed advantages down through March, it generates more revenue and for. Lived with everyone else is paying me for long-term mining sustainability and profitability feature will optimize mining... Or shows some error are hot, loud, hot or not if you get whole...
