Price: $2000 or $1900 after using the discount code: nordic
Coinminingcentral discount code: nordic
Where to buy: At Coinminingcentral.
About: ASIC miners are easy to setup and run. Simply stick in a power cable. internet and connect to a mining pool and we are up and mining within 5 minutes. These larger ASIC miners do however make a lot of noise.
Needed for mining: Nothing.
$100 discount code: nordic
More info
Kaspa mining
Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The Kaspa blockchain utilizes the proof of work consensus mechanism like bitcoin, however it also incorporates a unique consensus algorithm called GHOSTDAG protocol. The protocol allows for faster transactions, improved security and better scalability. These special blockchain features have made many specculate that Kaspa might be the next improved version of Bitcoin.
Kaspa ASIC miner price
There are many different asic kaspa miners and the price can differ between $2,000 to $15,000.
Kaspa miner setup
To setup a kaspa miner is simple. You only need to connect a power cable and an ethernet cable. Then locate the IP address the miner is given on your network and login to it's local dashboard using the IP address. In the local dashboard you paste in the kaspa mining pool you want to mine with and add your wallet address to where you get your kaspa token payouts to.
Kaspa mining electricity cost
These big ASIC miners require quite a lot of power. One example is the IceRiver KS1 which use 700 watts. The power cost were I live is currently $0.048 per kwh. That makes my electricity cost around $24 per month.
Kaspa miner noise
ASIC miners are loud. When measuring the noise level it reaches around 78 decibel. That amount of noise is the same amount as being close to heavy traffic.
Due to the high sound level from these kaspa miners they need to be stored in a separate building/garage/facility. We are not able to have these miners in our house.
Is kaspa mining profitable
Yes, kaspa mining is currently profitable. However, when thinking about getting into kaspa mining we have to consider the increasing mining difficulty. The more people that joins kaspa mining, the harder it becomes to mine the kaspa coin. To keep the profitability, the price of the kaspa token must therefore keep on increasing with the mining difficulty.
Is kaspa mining worth it
It is currently profitable to mine kaspa and therefore worth it simply from a numbers perspective. This is however not financial advice. The kaspa token price have been increasing a lot during the past 2 years and it does not look like it's about to stop. Therefore, up until this point it have been extremely worth it to be mining kaspa. We can't predict the future and can't know if it will continue to increase in price.
