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The Best Kaspa Miner for Earning Passive Income in 2024
Kaspa's Rise in the Global Crypto Market
With the swift development of digital currency since the creation of Bitcoin, the first cryptocurrency, the total global crypto market cap has risen to around $2 trillion as of 2024. Kaspa, a decentralized cryptocurrency ranked 22nd in total market cap, is designed as a proof-of-work (PoW) coin that allows for high-speed transactions. Kaspa’s investment return has increased by nearly 290% this year, as its price has steadily risen despite fluctuations. One way to acquire Kaspa is by mining it with a Kaspa miner.
In this article, MinersKing will discuss which Kaspa miners are worth considering in 2024 from a technical and performance perspective. We will evaluate factors such as price and efficiency to maximize returns. Additionally, while cooling systems, durability, and storage are important, they will not be covered in this article.
The recommended miners
- IceRiver KS5L
The IceRiver KS5L, launched in April 2024, is designed specifically for Kaspa mining. It is suitable for mining operations of any scale, having outstanding performance, efficiency, and profitability. The IceRiver KS5L features a hashrate of 12 TH/s, making it one of the fastest Kaspa miners available. With an efficiency of just 0.28 J/Gh, the IceRiver KS5L provides a notable return on investment, generating approximately $13.5 per day in net profit after deducting electricity costs.
Brand | IceRiver |
Launch | Apr 2024 |
Hashrate | 12TH/s |
Power | 3400W |
Efficiency | 0.28J/Gh |
Size | 370 x 198 x 290mm |
Weight | 15kg |
Working Temperature | 0~35 ℃ |
- IceRiver KS5M
The second miner we will discuss is the IceRiver KS5M. Released in May 2024, it is also designed for Kaspa mining. The IceRiver KS5M has a hashrate of 15 TH/s, making it one of the fastest Kaspa miners on the market. With an efficiency of only 0.23 J/Gh, it offers an impressive return on investment, generating approximately $17.6 in net profit per day after electricity costs are deducted. It is optimized for the KHeavyHash algorithm and features an efficient air cooling system to manage the heat generated during mining.
Brand | IceRiver |
Launch | May 2024 |
Hashrate | 15TH/s |
Power | 3400W |
Efficiency | 0.23J/GH |
Size | 430×195×290mm |
Weight | 15.5kg |
Working Temperature | 0~35 ℃ |
- Bitmain antminer KS5 Pro
Introduced in March 2024, the Bitmain Antminer KS5 Pro is another option for Kaspa mining. It features a hashrate of 20 TH/s and is among the fastest Kaspa miners available. With an efficiency of 0.15 J/Gh, it provides a strong return on investment, with an estimated daily net profit of $26.5 after accounting for electricity expenses. The Bitmain Antminer KS5 Pro’s lower electricity costs are a key factor in its profitability, and its user-friendly interface simplifies setup and operation.
Brand | Bitmain |
Launch | Mar 2024 |
Hashrate | 20TH/s |
Power | 3000W |
Efficiency | 0.15J/Gh |
Size | 430×195.5×290mm |
Weight | 15.8kg |
Working Temperature | -20~45℃ |
Conclusion
These popular rigs are known for their powerful performance, high energy efficiency, and user-friendly design for mining Kaspa. Users can maximize their profits by thoroughly understanding each rig’s features and profitability. By treating mining as a serious business venture, users can ensure sustained profitability. Additionally, ensure that the rigs are used safely and that there is adequate space allocated for them, as proper setup and maintenance are crucial for optimal performance and safety.
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