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

In accordance with Bitmain, the well-known crypto ASIC mining rig producer, the corporate has shipped its first batch of KS3 Antminer machines. Regardless of every rig costing $49,800, Bitmain offered out of the primary batch and introduced one other batch of KS3 Antminers could be obtainable quickly.

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

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. Present information recommend the KS3 miner is probably the most worthwhile mining ASIC obtainable. The web site reviews that the machine can earn an estimated $440 day by day by mining KAS.

Nonetheless, Bitmain’s machine shortly offered out, making it the corporate’s priciest unit ever offered. Priced at $49,800, every rig boasts a processing pace of 8.3 terahash per second (TH/s). Nonetheless, Bitmain’s put up on Monday suggests the miner can clock 9 TH/s. Whereas this rig stands as Bitmain’s most costly Antminer, the corporate not too long ago launched a filecoin (FIL) miner priced at $38,888, making it their second priciest ASIC.

Bitmain Antminer store

At the moment, 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 swimming pools are dedicating hashrate to the Kaspa chain. Information reveal a complete of about 12.36 petahash per second (PH/s) of Kheavyhash hashrate.

Kaspa hashrate between April 4, 2023 to August 21, 2023.

The Kheavyhash algorithm, tailored for kaspa (KAS) mining, powers swift block technology instances on the Kaspa community, producing a brand new block each second. At its coronary heart, this consensus algorithm is a refined tackle the Heavyhash algorithm. Although 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 income.

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 major improve 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.

What do you concentrate on Bitmain delivery out its first batch of KS3 Antminers? Share your ideas and opinions about this topic within the feedback part under.

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