Topic: Risks of purchasing KS3 Miner that is currently with a daily reward of 2200USDT (Read 298 times)
July 25, 2023, 07:49:46 AM
Already buy an unit of Iceriver KS2
July 23, 2023, 03:32:11 PM
the price of Kaspa continues to grow so that even the smartest people start thinking about buying this ASIC 
Red Panda Mining ordered 550 ASICs Iceriver KS0
https://twitter.com/RedPandaMining/status/1683002746549698562
Is that an extra 36 kilowatts, or did he buy it for sale?
Red Panda Mining ordered 550 ASICs Iceriver KS0
https://twitter.com/RedPandaMining/status/1683002746549698562
Is that an extra 36 kilowatts, or did he buy it for sale?
July 22, 2023, 02:12:04 PM
technically influencer and youtuber will got first to gain attention among new miner which is when got that miner, the difficulty already jump to realita. and you got real number of daily profit
sometimes get rekted because shipping takes to long in some area. we are now transition from bear to bull, you should be fine if the algoritm had lot of coin support
I don't know other coins for these ASICs. New asics will force the owners of old asics to either stop mining due to lack of profit or buy new equipment. Too much extra hash rate for ASICs of the new series.Anyone who has problems with delivery times will suffer losses. sometimes get rekted because shipping takes to long in some area. we are now transition from bear to bull, you should be fine if the algoritm had lot of coin support
July 22, 2023, 12:11:46 PM
technically influencer and youtuber will got first to gain attention among new miner which is when got that miner, the difficulty already jump to realita. and you got real number of daily profit
sometimes get rekted because shipping takes to long in some area. we are now transition from bear to bull, you should be fine if the algoritm had lot of coin support
sometimes get rekted because shipping takes to long in some area. we are now transition from bear to bull, you should be fine if the algoritm had lot of coin support
July 19, 2023, 03:15:09 PM
Now the price of Kaspa should grow strongly and exceed 4 cents so that the payback rates of the new ASIC attract as many buyers as possible. And after the end of ASIC sales, the price of Kaspa will fall. Miners who have been doing this for a long time do not forget such lessons that are repeated.
July 19, 2023, 09:25:01 AM
The manufacteurs do this on purpose. They want to show you how profitable it can be while producing tons and tons of units to deploy into operation. After they sell out all their orders, they will start to mine with them while you are waiting for your shipment to arrive.
Everyday the difficulty will grow and you will be upset. Eventually you will receive the ASIC and the ROI will be 1-2 years if you are lucky. This has been going on for years even with the early BTC ASICs. Many back then had to wait like 1 year for their ASIC and when it arrived it was a doorstop pretty much.
You need to take a reference point for the Kaspa hashrate. Today 2.08 PH/s and by September, when all new ASICs will mine, the total hashrate will increase by 10-15 times and the payback of a new expensive ASIC will be worse than that of a Bitcoin ASIC.Everyday the difficulty will grow and you will be upset. Eventually you will receive the ASIC and the ROI will be 1-2 years if you are lucky. This has been going on for years even with the early BTC ASICs. Many back then had to wait like 1 year for their ASIC and when it arrived it was a doorstop pretty much.
https://minerstat.com/coin/kas/network-hashrate
July 18, 2023, 12:54:51 AM
The manufacteurs do this on purpose. They want to show you how profitable it can be while producing tons and tons of units to deploy into operation. After they sell out all their orders, they will start to mine with them while you are waiting for your shipment to arrive.
Everyday the difficulty will grow and you will be upset. Eventually you will receive the ASIC and the ROI will be 1-2 years if you are lucky. This has been going on for years even with the early BTC ASICs. Many back then had to wait like 1 year for their ASIC and when it arrived it was a doorstop pretty much.
Everyday the difficulty will grow and you will be upset. Eventually you will receive the ASIC and the ROI will be 1-2 years if you are lucky. This has been going on for years even with the early BTC ASICs. Many back then had to wait like 1 year for their ASIC and when it arrived it was a doorstop pretty much.
July 17, 2023, 02:36:33 PM
Increasing the difficulty of the coin will quickly reduce the beautiful numbers in the mining calculator. Experienced miners are asked not to believe such a payback and not to buy these expensive miners. Perhaps after the sale of these ASICs, better models from another manufacturer will appear.
July 16, 2023, 05:32:18 PM
If you get asic today then ok but tricky thing with asics been people order but until it arrives to you profitable allready dissapears.i mean people waited couple of months for asics arrive. On hashrate skyrocket explains some genius people allready mining it for long time.they can be developers or very close asic manufactures to project.if you are in china and get this asic to your hands right now then is fine like i said.
I am sure that it is not the location that matters here, but the number of ASICs sold. The one who starts mining first will get a good profit, but I think ASIC manufacturers and developers have a common benefit in this project. Asics are very expensive, so you need to take into account this moment, and not the profit from one asic now, which will greatly decrease very soon.The only miner I would buy from Iceriver is that 65 watt 100 Gh/s which can easily be kept at home or office and you don't really care if the profit goes up and down as this does not cost over 20.000 dollars,in fact you can get it just in the 1500-2000 dollars range and right now has a daily profit of 25 dollars,so this is low scale miner which anyone fancying buying a miner for the Kas should be buying this.The electricity is ridiculous at only 65 watt so it is very much worth trying for people like OP who were thinking to enter and buy a very expensive miner as with this miner whatever happens to the profitability you still will get decent amounts of money back from this miner.
July 16, 2023, 02:10:25 PM
January 1st, 2023, approximately 15.3B KAS will have been mined (53.3%)
January 1st, 2024, approximately 21.9B KAS will have been mined (76.3%)
January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%)
July 10th, 2026, about 95% of all KAS will have been mined
https://kaspa.org/tokenomics-emission-and-mining/
Kaspa has such an emission, and the interest of miners will also be incomprehensible there when 95% of the coins are mined.
Kaspa coin hashrateJanuary 1st, 2024, approximately 21.9B KAS will have been mined (76.3%)
January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%)
July 10th, 2026, about 95% of all KAS will have been mined
https://kaspa.org/tokenomics-emission-and-mining/
Kaspa has such an emission, and the interest of miners will also be incomprehensible there when 95% of the coins are mined.
Miners wrote that new equipment is already being shipped in China. Look at the hashrate, because new ASICs for mining this coin will be turned on soon.
The first ASIC ICERIVER KAS KS0 100,000 Mh/s killed all GPUs whose hashrate did not exceed 1000 Mh/s.
July 15, 2023, 12:17:07 PM
If you get asic today then ok but tricky thing with asics been people order but until it arrives to you profitable allready dissapears.i mean people waited couple of months for asics arrive. On hashrate skyrocket explains some genius people allready mining it for long time.they can be developers or very close asic manufactures to project.if you are in china and get this asic to your hands right now then is fine like i said.
I am sure that it is not the location that matters here, but the number of ASICs sold. The one who starts mining first will get a good profit, but I think ASIC manufacturers and developers have a common benefit in this project. Asics are very expensive, so you need to take into account this moment, and not the profit from one asic now, which will greatly decrease very soon. July 15, 2023, 09:53:33 AM
If you get asic today then ok but tricky thing with asics been people order but until it arrives to you profitable allready dissapears.i mean people waited couple of months for asics arrive. On hashrate skyrocket explains some genius people allready mining it for long time.they can be developers or very close asic manufactures to project.if you are in china and get this asic to your hands right now then is fine like i said.
July 14, 2023, 01:29:25 PM
January 1st, 2023, approximately 15.3B KAS will have been mined (53.3%)
January 1st, 2024, approximately 21.9B KAS will have been mined (76.3%)
January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%)
July 10th, 2026, about 95% of all KAS will have been mined
https://kaspa.org/tokenomics-emission-and-mining/
Kaspa has such an emission, and the interest of miners will also be incomprehensible there when 95% of the coins are mined.
January 1st, 2024, approximately 21.9B KAS will have been mined (76.3%)
January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%)
July 10th, 2026, about 95% of all KAS will have been mined
https://kaspa.org/tokenomics-emission-and-mining/
Kaspa has such an emission, and the interest of miners will also be incomprehensible there when 95% of the coins are mined.
July 14, 2023, 04:15:52 AM
Based on the F2pool.com (https://www.f2pool.com/miners)
the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
The difficulty will increase undoubtedly for this miner and whichever miner you choose to buy with that money remains a dumb option in my opinion.The best thing you can do with that amount is simple,you buy 1 Bitcoin for 31.000 dollars and keep it in your wallet and wait until the next bull run.If you are not happy with Bitcoin you can diversify that amount in all the top 10 coins in the coinmarketcap website and wait for the next bull run,in both scenarios you will do much better than buying a miner this expensive and running in uncertainty.
July 12, 2023, 12:46:21 PM
Based on the F2pool.com (https://www.f2pool.com/miners)
the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
Payback less than 20 days the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
https://www.asicminervalue.com/miners/bitmain/antminer-ks3-8-3th
Nice donkey trap. You will pay $36,000 and get the ASIC later, and most likely when you get it, the payback will increase by 10-20 times. Every day, the profit will fall sharply, and whoever gets ASICs first will pay off faster. And look at the graph of miner rewards on this coin.
July 11, 2023, 05:16:31 PM
It won't stay that profitable for long, if you are even lucky to land on that gear before the big mining corporations do. For example, 2,100 USDT per day is massive, there would be gold rush. If your focus is that estimated reward per day, then you will be very disappointed after a while.
Like they always say, if you are going to purchase, use the money you can "afford to lose" or can do away with for a long time because the ROI could take a very long time than what you actually might think.
Like they always say, if you are going to purchase, use the money you can "afford to lose" or can do away with for a long time because the ROI could take a very long time than what you actually might think.
July 11, 2023, 08:01:15 AM
The difficulty will skyrocking the next weeks. I think we will see an increase 6x in difficulty and 6x in hashrate or more. So the profitabilty will fall hard.
Looking back in 2017 and the Dash D3 miner. Or A3 for sia coin or the Kadena Miners. So don´t buy such expensive asics for only 1 coin, it will fuck you up.
Looking back in 2017 and the Dash D3 miner. Or A3 for sia coin or the Kadena Miners. So don´t buy such expensive asics for only 1 coin, it will fuck you up.
July 11, 2023, 07:27:05 AM
First thing first, this needs to move to altcoin mining.
Now to answer your question about the risk of buying KS3, it's pretty simple, you look at the current hashrate of Kaspa which is 1.5PH in other words it's 1500 th, that miner does 8.3th which means as soon as the first 180 miners are plugged in, the profitability of that miner is going to drop by half.
Just a bold assumption that they will see 10000 of those gears, which would bring the total hashrate to 81,500th vs the 1500th now, so you are looking at something like 90%-99% drop in profit, I don't know how the difficulty adjusts with this coin, but the theoretical $2000 per day is not even close to being real, the chances that anyone manages to make even a couple hundred dollars per day on this miner are slim to nothing.
Also not to forget how Bitmain will likely fire up a dozen gear right before their clients get theirs, so they won't even get a few hours of decent profit, the overall profitability will probably drop to 2 digits at best.
I have not mined altcoins for years, but what I described above has always been the case for all the altcoin miners, could this time be any different? maybe with very low chances, could it repeat? very likely.
Now to answer your question about the risk of buying KS3, it's pretty simple, you look at the current hashrate of Kaspa which is 1.5PH in other words it's 1500 th, that miner does 8.3th which means as soon as the first 180 miners are plugged in, the profitability of that miner is going to drop by half.
Just a bold assumption that they will see 10000 of those gears, which would bring the total hashrate to 81,500th vs the 1500th now, so you are looking at something like 90%-99% drop in profit, I don't know how the difficulty adjusts with this coin, but the theoretical $2000 per day is not even close to being real, the chances that anyone manages to make even a couple hundred dollars per day on this miner are slim to nothing.
Also not to forget how Bitmain will likely fire up a dozen gear right before their clients get theirs, so they won't even get a few hours of decent profit, the overall profitability will probably drop to 2 digits at best.
I have not mined altcoins for years, but what I described above has always been the case for all the altcoin miners, could this time be any different? maybe with very low chances, could it repeat? very likely.
July 11, 2023, 04:22:40 AM
Based on the F2pool.com (https://www.f2pool.com/miners)
the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
the coin reward of a Iceriver KS3 Miner is about 2,100 USDT per day
the coin reward of a Antminer KS3 Miner is about 2,200 USDT per day
Based on the asicfinder.com
The best quotation of an Iceriver KS3 Miner Futures currently is price of 45,400 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/iceriver-ks3-8t)
The best quotation of an Antminer KS3 Miner Futures currently is price of 36,500 USDT/pcs (https://www.asicfinder.com/frontend/hardwares/bitmain-antminer-ks3-8-3t)
So here is my two questions:
What are the risks of purchasing a KS3 miner that is currently priced so high?
Which is the better choice between Antminer KS3 and Iceminer KS3 while the hashrate is 8.3Th/s and 8Th/s
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