First orders of Ice River's Kaspa (KAS) ASIC

First orders of Ice River's Kaspa (KAS) ASIC

It has been reported that the first orders of Ice River's Kaspa (KAS) ASIC miners are now being delivered to customers. Ice River, despite being a newcomer in the ASIC miner market, has managed to deliver their dedicated KAS ASIC mining hardware ahead of other competitors. Currently, they are primarily shipping their lower power models, namely KS0 and KS1, with the expectation that KS2 will follow soon. Ice River has even reduced the prices of their 100 GH/s, 1 TH/s, and 2 TH/s ASIC miners, which are expected to start shipping in early July. The company has also begun accepting pre-orders for their newly announced models with higher power, the KS3 offering 8 TH/s and KS3L with 5 TH/s hashrate for Kaspa mining. However, these models are more expensive and are projected to start shipping in the latter part of July.

Bitmain is also expected to commence delivery of their AntMiner KS3 KASPA ASIC miners, which provide an 8.3 TH/s hashrate, around August. This is likely to significantly increase the network hashrate. Early adopters who receive their miners sooner have a higher chance of achieving a faster return on investment, as the influx of new devices into the KAS network will quickly reduce the number of newly mined coins. While there has been a slight increase in the hashrate already, it has not been significant.

GPU miners currently mining KAS will likely start exiting the network soon, with FPGA miners following suit, as the profitability of mining KAS with these devices diminishes. It makes more sense for miners to shift their focus to other projects that do not yet have ASIC miners. Additionally, the emission curve of KAS will also contribute to reducing the number of newly mined coins. If you are waiting for your KAS ASIC miner or have already received it, you are ahead of the game. However, if you are considering ordering one now and expect delivery in a month or so, it is advisable to exercise caution in your planning.

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