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

According to Bitmain, the good known crypto ASIC mining rig manufacturer, the institution has shipped its archetypal batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold retired of the archetypal batch and announced different batch of KS3 Antminers would beryllium disposable soon.

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

Bitmain disclosed connected Monday that it had shipped its archetypal batch of KS3 Antminer machines. These rigs excavation the crypto plus kaspa (KAS), a integer currency that ranks 45th successful marketplace capitalization. Current information suggest the KS3 miner is the astir profitable mining ASIC available. The website asicminervalue.com reports that the instrumentality tin gain an estimated $440 regular by mining KAS.

However, Bitmain’s instrumentality rapidly sold out, making it the company’s priciest portion ever sold. Priced astatine $49,800, each rig boasts a processing velocity of 8.3 terahash per 2nd (TH/s). However, Bitmain’s station connected Monday suggests the miner tin timepiece 9 TH/s. While this rig stands arsenic Bitmain’s astir costly Antminer, the institution precocious introduced a filecoin (FIL) miner priced astatine $38,888, making it their 2nd priciest ASIC.

Currently, the crypto plus KAS boasts a marketplace capitalization of astir $852 million, and its worth has surged 13.9% against the U.S. dollar implicit the past month.As of Monday, astir 35 mining pools are dedicating hashrate to the Kaspa chain. Data uncover a full of astir 12.36 petahash per 2nd (PH/s) of Kheavyhash hashrate.

The Kheavyhash algorithm, tailor-made for kaspa (KAS) mining, powers swift artifact procreation times connected the Kaspa network, producing a caller artifact every second. At its heart, this statement algorithm is simply a refined instrumentality connected the Heavyhash algorithm. Though the algorithm leans towards being core-dominant, allowing graphics processing units (GPUs) to excavation KAS, employing an application-specific integrated circuit (ASIC) tin output considerably higher profits.

F2pool leads successful mining KAS, capturing 2.57 PH/s of the network’s full hashrate, trailed by Kaspa Pool with 2 PH/s and Hum Pool with 1.85 PH/s. The network’s cumulative hashrate has witnessed a important summation from 777 TH/s connected April 4, 2023, to its existent 12,360 TH/s (12.36 PH/s). This translates to a astir 1,490% uptick successful the Kaspa hashrate implicit the erstwhile 4 months.

What bash you deliberation astir Bitmain shipping retired its archetypal batch of KS3 Antminers? Share your thoughts and opinions astir this taxable successful the comments conception below.