Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate

According to Bitmain, the well-known crypto ASIC mining rig producer, the corporate has shipped its first batch of KS3 Antminer machines. Despite every rig costing $49,800, Bitmain bought out of the primary batch and introduced one other batch of KS3 Antminers can be obtainable quickly.

As Kaspa’s Hashrate Climbs, Bitmain Ships KS3 Antminer Series

Bitmain disclosed on Monday that it had shipped its preliminary batch of KS3 Antminer machines. These rigs mine the crypto asset kaspa (KAS), a digital forex that ranks forty fifth in market capitalization. Current information counsel the KS3 miner is probably the most worthwhile mining ASIC obtainable. The web site asicminervalue.com reports that the machine can earn an estimated $440 each day by mining KAS.

However, Bitmain’s machine shortly bought out, making it the corporate’s priciest unit ever bought. Priced at $49,800, every rig boasts a processing velocity of 8.3 terahash per second (TH/s). However, Bitmain’s put up on Monday suggests the miner can clock 9 TH/s. While this rig stands as Bitmain’s costliest Antminer, the corporate just lately introduced a filecoin (FIL) miner priced at $38,888, making it their second priciest ASIC.

Currently, the crypto asset KAS boasts a market capitalization of about $852 million, and its worth has surged 13.9% in opposition to the U.S. greenback over the previous month.As of Monday, round 35 mining pools are dedicating hashrate to the Kaspa chain. Data reveal a complete of about 12.36 petahash per second (PH/s) of Kheavyhash hashrate.

The Kheavyhash algorithm, tailored for kaspa (KAS) mining, powers swift block era instances on the Kaspa community, producing a brand new block every second. At its coronary heart, this consensus algorithm is a refined tackle the Heavyhash algorithm. Though the algorithm leans in the direction of being core-dominant, permitting graphics processing models (GPUs) to mine KAS, using an application-specific built-in circuit (ASIC) can yield significantly increased earnings.

F2pool leads in mining KAS, capturing 2.57 PH/s of the community’s complete hashrate, trailed by Kaspa Pool with 2 PH/s and Hum Pool with 1.85 PH/s. The community’s cumulative hashrate has witnessed a big enhance from 777 TH/s on April 4, 2023, to its present 12,360 TH/s (12.36 PH/s). This interprets to a roughly 1,490% uptick within the Kaspa hashrate over the earlier 4 months.

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