Below we will give our opinion about mining this cryptocurrency. In circle how to buy bitcoin the search bar type “CAS”, the list of coins will be filtered. Kaspa Classic (CAS) is a fork of the original Kaspa (KAS) cryptocurrency.

Achieving a balance between high hashrates and reasonable power consumption is crucial for long-term mining sustainability and profitability. One possible challenge with using the IceRiver KAS KS2 is the increasing network hashrate, which could result in lower mining rewards over time. Additionally, as more miners join the network and adopt powerful ASIC devices like the KS2, the mining difficulty is likely to increase, impacting the device’s profitability. In this scenario, it’s as if one Nvidia 3070 GPU is mining Ethereum Classic, while another one is mining Kaspa. This “doubling your GPU” concept shows how dual mining can significantly enhance mining efficiency and profitability.

• Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol.
• Kaspa utilizes the optical-mining ready kHeavyHash algorithm for consensus and security of the network.
• Take advantage of the free notifications provided by 2Miners for newly found blocks and rig shutdowns via email or Telegram.
• When it comes to mining Kaspa, selecting the right mining pool can significantly impact your overall mining experience and profitability.

Kaspa Dual Mining with Nvidia 3070

We also have the ready-to-go bat files in our Quick Start Archive. It currently takes around 3 weeks to recover the initial investment for this ASIC device, but this timeframe may extend as the Kaspa network evolves. It’s crucial to keep in mind that these estimates are subject to change as the network hashrate grows and rewards potentially decrease in the future. 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%). This powerful ASIC device provides an efficient solution for miners looking to maximize their Kaspa mining capabilities.

A Kaspa wallet address is required for you to receive your mining rewards. Our mission is to provide 100% clean and working pool, special instruments for NiceHash buyers and for usual miners. These ports how to buy vet switching coins to mine the most profitable coin. Kaspa utilizes the optical-mining ready kHeavyHash algorithm for consensus and security of the network. This algorithm, combined with high-throughput DAG and no-wasted-blocks, makes it less energy intensive than other PoW networks. Keep in mind that configuring FPGA settings can be complex, so it’s essential to follow the instructions carefully.

We highly recommend you to join our miner community in Telegram or one of the local chats in Russian, Turkish, Spanish, and Chinese. Set Worker name to whatever you want to identify this rig as on the pool. Open this file and look for the section (at the top) called pool_configs.

How to mine Kaspa Classic (CAS) cryptocurrency: quick answer

Worker_name is optional, but we recommend labeling each of your mining devices with a separate worker_name for more efficient monitoring. You will need to create an f2pool account before mining Kaspa. If you do not have one yet, please click here to register. In this case, it makes sense to mine the coin with small capacities and convert it into more reliable coins. As we have already said the trading volume of this coin is very small – this means that it will be difficult to exchange it, especially if you have a large capacity.

How to Set Up ASIC for KAS

Follow any of the guides above to set BzMiner up, replacing the pool url with the ip address of your node, and port number 16110. There is a reference script (kaspa.bat for windows, kaspa.sh for linux) which contains a template for mining Kaspa on bzminer. After you have downloaded the program, extract the archive and create a Bat file of Kaspa Classic coins under a pool convenient for you.

Despite this impending shift, it is still possible to mine KAS using GPUs and receive substantial rewards. However, the window for profitable GPU mining may be closing as more ASICs join the network. GPU miners should be prepared for the potential decrease in profitability and consider diversifying their mining activities or upgrading their hardware to remain competitive.

Join & Follow the COmmunity

No ICO, no pre-mine, fair launched community-driven project, a Nakamoto philosophy heir. Our pool works with Hash Power rental services Miningrigrentals.com and NiceHash.com. Overcoming the problem of blockchains, how to day trade cryptocurrency Kaspa processes all blocks in parallel linking all side-chains. This leads to a DAG structure that increases the formation of blocks per second drastically, creating a blockDAG.

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. IceRiver is the first manufacturer that releases the ASICs for the KHeavyHash mining algorithm which is used exclusively by the Kaspa network. You can find the rest of the pools on the site miningpoolstats. Kaspa Classic cryptocurrency entered the market on March 27, 2024 and currently has not a large number of pools (12 in total, of which only 3 are live). A new page will open where you will see the address of your CAS coin wallet.