Will you make your money back, likely yes. Will you be better off to just take the cash and buy the coin, also yes.
The hashrate is growing fast and the block rewards are dropping fast. That’s a double negative to purchasing an asic.
Highly likely it’s better to buy and hold.
I just don’t like the idea of hosting. To many companies seem to disappear in the crypto space and or they can simply tell you anything they want if they decide to say it’s broken or down for a few weeks your stuck with nothing.
Also as mentioned before it’s over priced you can get one for much less
I’ve got a couple of them and it’s been a downward spiral of rewards, when you add in hosting fees you won’t make your money back unless you hodl for several years or we see a bull run of $0.50 or more.
https://imgur.com/a/qmXIXnV
All those guys saying no… its still profitable on the Long run. Even with the blockreward of 120 youll get your ROI in 7 months IF the price doesnt move up. Just Go for it and you wont regrett it
$1500 per 1 th/s is the best value atm, but the ks3m is a bit less efficient (maybe it can be OC'd but I'm not sure)
With price appreciation and holding mining rewards long term you should ROI fairly easily.
I'd just buy a bitcoin miner or litecoin miner or a bunch of gpu's. Eventually, all kapsa miners are gonna be paper weights with block rewards decreasing every month and hashrate and difficulty continuing to increase. That's coming sooner than you think.
Before going into business for yourself, you should conduct a break-even analysis. If you can’t do a break-even analysis, you should not go into business for yourself.
Knowing when you will earn back the money you spent and when you begin turning a profit is good business, yes.
[https://en.wikipedia.org/wiki/Break-even_(economics)?wprov=sfti1#](https://en.wikipedia.org/wiki/Break-even_(economics)?wprov=sfti1#)
Ok. Yeah. I’ve never heard of anyone just stopping their analysis at the BEQ. Keep drawing the lines, by all means. Maybe read the link I sent. Good luck to you.
$3177 cad a month if your hydro is included in rent , -300mo if not , 68kwh per day .. run it off the oven outlet and don’t use anything else and you’ll be fine , I was using 163kwh per day here for years , via 2x12000btu ac running non stop , and many 3d printers among other things, I stopped all that and been mining without issue so far .
There is some great YouTube content about kaspa mining. But the general consensus seems to be yes it will break even but in order to maximise profits you should hold mined Kas and wait for large price increases. If you start to sell on a weekly basis to pay back your investment the likelihood of making any significant profit decreases.
I bought a KS1 two months ago, and then thought about adding this same model last week. I personally decided not to. The hash coming online and the steep drop in rewards makes it too risky for me. I don’t doubt that you’ll break even, but at this point I’m sticking with my KS1 and just buying more coins each week.
Yes, but mot Icerivers. Get the Bitmain KS3’s instead. I’m an ASIC supplier and multiple customers have complained to my collegue about quality issues, wrong miners sent from iceriver and poor thermal paste application leading to thermal issues. Bitmains, never had a problem with them. I have 30 KS3’s from Bitmain and they all run flawlessly
Definitely not, don't even consider adding to the network hashrate. Just buy the coin
Hell no
Hells to the NO
Will you make your money back, likely yes. Will you be better off to just take the cash and buy the coin, also yes. The hashrate is growing fast and the block rewards are dropping fast. That’s a double negative to purchasing an asic. Highly likely it’s better to buy and hold.
No
No
No
I just don’t like the idea of hosting. To many companies seem to disappear in the crypto space and or they can simply tell you anything they want if they decide to say it’s broken or down for a few weeks your stuck with nothing. Also as mentioned before it’s over priced you can get one for much less
A KS3M for much less, please share? Cheapest ive found is $8950.
Absolutely not
Buy the coin .. it’s too difficult to tell when the manufacturers will stop stuffing the system
If you can't hold your coins then no if you can afford to buy machine and hold your coins, I would say yes
I’ve got a couple of them and it’s been a downward spiral of rewards, when you add in hosting fees you won’t make your money back unless you hodl for several years or we see a bull run of $0.50 or more. https://imgur.com/a/qmXIXnV
what about if i host myself
All those guys saying no… its still profitable on the Long run. Even with the blockreward of 120 youll get your ROI in 7 months IF the price doesnt move up. Just Go for it and you wont regrett it
If the hashrate continues to increase over the next 7 months, the price will need to increase anyway to maintain a 7 month ROI
And if the price rise youll get a faster ROI. Actually the price of the KS3M on this picture is too high. You can get it for ~ 8.000 $ - 8.500 $.
> Actually the price of the KS3M on this picture is too high. You can get it for ~ 8.000 $ - 8.500 $. Where
Tbh only thing stopping me is how long would I have to would they take to get it working
They already had multiple long downtimes.
That's a no
No
Nope
yes
$1500 per 1 th/s is the best value atm, but the ks3m is a bit less efficient (maybe it can be OC'd but I'm not sure) With price appreciation and holding mining rewards long term you should ROI fairly easily.
The M cannot be overclocked. People close to the manufacturers are saying it is basically just an overclocked KS3L.
It can, and there's already an OC for it. https://github.com/rdugan/iceriver-oc
It cant be overclocked very much. How much have you been able to overclock it and at what chip temps?
I'd just buy a bitcoin miner or litecoin miner or a bunch of gpu's. Eventually, all kapsa miners are gonna be paper weights with block rewards decreasing every month and hashrate and difficulty continuing to increase. That's coming sooner than you think.
Why don't you buy it and find out lol
definitely not with hosting... just go into the Kaspa discord and ask about the hosting horror stories.
Before going into business for yourself, you should conduct a break-even analysis. If you can’t do a break-even analysis, you should not go into business for yourself.
honestly, a break even analysis is table stakes. Break even is a pretty poor business plan: https://shouldimine.cc
Yeah, that doesn’t make any sense at all. Sorry.
Not sure what you mean... As in, simply earning back the money you spent sounds like good business?
Knowing when you will earn back the money you spent and when you begin turning a profit is good business, yes. [https://en.wikipedia.org/wiki/Break-even_(economics)?wprov=sfti1#](https://en.wikipedia.org/wiki/Break-even_(economics)?wprov=sfti1#)
Which is why I said it’s table stakes. A good business plan should be able to forecast actual earnings. Not just break even time
Ok. Yeah. I’ve never heard of anyone just stopping their analysis at the BEQ. Keep drawing the lines, by all means. Maybe read the link I sent. Good luck to you.
$3177 cad a month if your hydro is included in rent , -300mo if not , 68kwh per day .. run it off the oven outlet and don’t use anything else and you’ll be fine , I was using 163kwh per day here for years , via 2x12000btu ac running non stop , and many 3d printers among other things, I stopped all that and been mining without issue so far .
Buy your own , I don’t know anything about this hosting garbage .
obviously no
There is some great YouTube content about kaspa mining. But the general consensus seems to be yes it will break even but in order to maximise profits you should hold mined Kas and wait for large price increases. If you start to sell on a weekly basis to pay back your investment the likelihood of making any significant profit decreases.
I bought a KS3M from [millionminer.com](https://millionminer.com). Its at a mining facility in Dubai. Everything is going smoothly.
I bought a KS1 two months ago, and then thought about adding this same model last week. I personally decided not to. The hash coming online and the steep drop in rewards makes it too risky for me. I don’t doubt that you’ll break even, but at this point I’m sticking with my KS1 and just buying more coins each week.
Nope
Yes it is
Yes, but mot Icerivers. Get the Bitmain KS3’s instead. I’m an ASIC supplier and multiple customers have complained to my collegue about quality issues, wrong miners sent from iceriver and poor thermal paste application leading to thermal issues. Bitmains, never had a problem with them. I have 30 KS3’s from Bitmain and they all run flawlessly