Well when I did this video a number of months ago what I said is then is true the KS5 and KS5 Pro the price has dropped big time to over half of what it was then and... The Kasoa hashrate has continued to climb. That being said they are great machines but . If you have to buy a miner, and I mean your hell bent on it the Ice River KS5L for the price point and hashrate is a better buy.
At the 32k price point it puts these KS5s out of reach for the average guy but ... based on history a few months down the line Bitmain will drop the prices so the regular guy can afford to buy in... at that time is when we possibly could have a problem. If the kS5 price stays high I don't see a problem. At the moment I'm not too concerned.
Nothing wrong with the BTC route if you have cheap electrical or... you have a business you can write your electrical costs off through but... personally I stopped mining BTC many months ago and sold my remaining S19XPs along with. I only mine alt coins these days and have never looked back. For me personally it just didn't make sense anymore when you can purchase as an example one Ice River KS5L and make more profit from one miner than 15 S21 200th miners then just swap your Kaspa for BTC at the end of the day. Only an opinion of course but again nothing wrong with the BTC route at all.
Yes these prices are so out of reach for the regular guy, I know I've said this before but honestly who can afford $35 plus K USD in the real world these days...
Well for the price it's a great entry level miner that won't bleed the bank if you want give mining a try. They are pretty cheap $239 on Ice Rivers website now. If you use the coupon code Chuck you get a little extra discount. That being said there are a number of full size asics coming online now with Ice Rivers price reduction and the Kaspa hashrate is continuing to climb so you have to way it out but... It gets you into the mining game.
I would take a look at the pool you're using and try another stratum address for the pool if available. Also try a different pool and test your results. Always try to select a pool stratum address that's closest to your location if possible.
Tell me about it it's just ridiculous, and the funny thing is the suppliers in China all seem to think we are all made of money in North America lol...
To be honest with the KS5s shipping I would wait and see what happens with the Kaspa hashrate when all these new miners hit the network, as Bitmain is already producing a second batch. Profitability is going to take a big hit. I wouldn't waste the cash at the moment. If profitability takes a big hit then miner prices could fall as well in the future.
"If you are a Kaspa miner, you are going to be affected very soon" - could you explain this, please? Affected how? Less profitability? More miners on the network?
In short as mentioned the Antminer KS5 is double the hashrate of the current most powerful Kaspa miner and as more of these new miners come online, not specifically the first production run but the second and third this is going to balloon the Kaspa hashrate at an even faster rate and add in the combination of the regular Kaspa emission schedule which reduces the miner rewards on a monthly basis means less profits. If the price of Kaspa were to increase this would help offset this slightly obviously, but we aren't seeing that at the moment with the price of Kaspa.
If Bitmain decides to flood the market by dumping the price on the KS5 to a point that the "regular" guy can afford to purchase one of these and let's be honest, most home miners can't afford to dump 35k but... say these were 3k? They would fly off the shelves and send the Kaspa hashrate to the moon. Just a possible scenario of course.
@@miningwithunclechuck Understood, thank you. Makes me wonder if mining KAS is worth it, or go with a cheaper miner and piddle along at $30 to $50 a day....
If your hell bent on mining buy sooner than later as miner prices are continuing to climb with the market the way it is, especially Kaspa miners. Everybody is buying now don't let anybody fool you as re-sellers are selling miners like crazy. Try to buy a Kaspa ASIC? Tough to find one in stock. I just received an Antminer KS3 8.2 today and haven't even set it up yet. This I will say and I hate to say this as I'm a true miner spending money sometimes I shouldn't on new hardware lol.. but... Buying the coin at this time really isn't a bad idea over buying a miner and getting into the game and again I hate to say it this but I'm trying to be honest with you and save you some potential aggravation. Now If you have cheap electrical or a business you can purchase your miners through and write off your electrical and hardware costs that's a different story but.. not financial advice of course.
@@miningwithunclechuck thanks! i appreciate the information you provide in this video! i see you own many miners and i am just getting started so as you are more experienced in this space wanted to ask your opinion do you think a ks5 pro worth it for 16 k euro?
@@cypriotguy-kw7qe Well personally I would say no with the price of Kaspa where its at today "which could change at any time" but only you know if you have that kind extra money sitting around. Is your electrical cheap? Do you have the ability to purchase your miner through a business you own and write off some of your electrical and hardware costs? Well then maybe but this I will say, the chance that you ever ROI will be slim to none unless Kaspa goes to the moon which we all hope of course but again only you know based on your personal situation. For me I run my mining operations through my businesses so it makes sense,.
@@miningwithunclechuck Thanks for your answer i appreciate it! Ks5 pro will cost me 15 thousand euro at my door. So its very cheap compared with the price other people get it. And yes i have a business so i can show the electricity burned as expenses of my business. I believe it is a huge opportunity at this price so i pre ordered with not thinking it too much Keeping in mind that kaspa didn't have a full cycle yet and we have at least a year of upward trend in the crypto market in front of us.
What about now? Did you change your mind? Do you recommend buying the ks5l now?
Well when I did this video a number of months ago what I said is then is true the KS5 and KS5 Pro the price has dropped big time to over half of what it was then and... The Kasoa hashrate has continued to climb. That being said they are great machines but . If you have to buy a miner, and I mean your hell bent on it the Ice River KS5L for the price point and hashrate is a better buy.
I am in india how to order
Message me directly and I will give you a contact that ships to India. My email is in the description below the video.
@@miningwithunclechuck your mile id
@@miningwithunclechuck I can't get your mile id
@@miningwithunclechuck how I contact
@@miningwithunclechuck how I contact
I think everyone is a bit overreacting to this... It's not really much cheaper per Th nor is it much more efficient.
At the 32k price point it puts these KS5s out of reach for the average guy but ... based on history a few months down the line Bitmain will drop the prices so the regular guy can afford to buy in... at that time is when we possibly could have a problem. If the kS5 price stays high I don't see a problem. At the moment I'm not too concerned.
This will make the network hashrate go up, and price will follow. So far, the growing mining infrastructure has been very positive for the network
What is the best Kaspa mining machine to buy today?
If you had to buy a miner the Ice River KS5L is the best buy at the moment for what you get hashrate wise in my opinion.
Had look ks5 pro there 12k dollars august batch that must tell you something
I have t21 x9 3 phase playing it save bitcoin only
Nothing wrong with the BTC route if you have cheap electrical or... you have a business you can write your electrical costs off through but... personally I stopped mining BTC many months ago and sold my remaining S19XPs along with. I only mine alt coins these days and have never looked back. For me personally it just didn't make sense anymore when you can purchase as an example one Ice River KS5L and make more profit from one miner than 15 S21 200th miners then just swap your Kaspa for BTC at the end of the day. Only an opinion of course but again nothing wrong with the BTC route at all.
KS5 20T and KS5 pro 21T new model,February 26 release,in a high price.
Yes these prices are so out of reach for the regular guy, I know I've said this before but honestly who can afford $35 plus K USD in the real world these days...
It depends where you are.
In my country i get it 15 thousand euro at my door.
Personally I think Kaspa is a solid project and has great potential but... only time will tell how this all plays out.
What do you think of ks0 ultra now for beginners
Well for the price it's a great entry level miner that won't bleed the bank if you want give mining a try. They are pretty cheap $239 on Ice Rivers website now. If you use the coupon code Chuck you get a little extra discount. That being said there are a number of full size asics coming online now with Ice Rivers price reduction and the Kaspa hashrate is continuing to climb so you have to way it out but... It gets you into the mining game.
My ice river KSO PRO has a lot of rejection rates on ice River dashboard how can I fix that? I am not overclocking them
I would take a look at the pool you're using and try another stratum address for the pool if available. Also try a different pool and test your results. Always try to select a pool stratum address that's closest to your location if possible.
Ty
@@arthurmilonas7986 hey did you get any answer on this. if not do have a few things to try.
What is that weird power cable port? Is it even going to be usable in US?
Yeah the KS5 uses a C20 to P13 cable similar to the Antminer S21. The C20 side of the cable you can use with many of the available PDUs out there.
Fuk thats way too expensive for regular guy
Tell me about it it's just ridiculous, and the funny thing is the suppliers in China all seem to think we are all made of money in North America lol...
So are you saying its not too late to invest in kaspa mining? Looking to get the new ibelink.
To be honest with the KS5s shipping I would wait and see what happens with the Kaspa hashrate when all these new miners hit the network, as Bitmain is already producing a second batch. Profitability is going to take a big hit. I wouldn't waste the cash at the moment. If profitability takes a big hit then miner prices could fall as well in the future.
"If you are a Kaspa miner, you are going to be affected very soon" - could you explain this, please? Affected how? Less profitability? More miners on the network?
Also, how will things "go crazy"? Thank you 👍
In short as mentioned the Antminer KS5 is double the hashrate of the current most powerful Kaspa miner and as more of these new miners come online, not specifically the first production run but the second and third this is going to balloon the Kaspa hashrate at an even faster rate and add in the combination of the regular Kaspa emission schedule which reduces the miner rewards on a monthly basis means less profits. If the price of Kaspa were to increase this would help offset this slightly obviously, but we aren't seeing that at the moment with the price of Kaspa.
If Bitmain decides to flood the market by dumping the price on the KS5 to a point that the "regular" guy can afford to purchase one of these and let's be honest, most home miners can't afford to dump 35k but... say these were 3k? They would fly off the shelves and send the Kaspa hashrate to the moon. Just a possible scenario of course.
@@miningwithunclechuck Understood, thank you. Makes me wonder if mining KAS is worth it, or go with a cheaper miner and piddle along at $30 to $50 a day....
@@miningwithunclechuck might explain why they're priced so high (although they are first version, after all)
Still considering purchasing a KS3 Antminer 9.4th even though everyone says its too late
If your hell bent on mining buy sooner than later as miner prices are continuing to climb with the market the way it is, especially Kaspa miners. Everybody is buying now don't let anybody fool you as re-sellers are selling miners like crazy. Try to buy a Kaspa ASIC? Tough to find one in stock. I just received an Antminer KS3 8.2 today and haven't even set it up yet.
This I will say and I hate to say this as I'm a true miner spending money sometimes I shouldn't on new hardware lol.. but... Buying the coin at this time really isn't a bad idea over buying a miner and getting into the game and again I hate to say it this but I'm trying to be honest with you and save you some potential aggravation. Now If you have cheap electrical or a business you can purchase your miners through and write off your electrical and hardware costs that's a different story but.. not financial advice of course.
@@miningwithunclechuck i think so
How I contact
Sorry connect your KS5 or which miner?
@@miningwithunclechuck ks5l
I want in this week stock is available
I already ordered the ks5 Pro 🎉
Well Happy Mining...
@@miningwithunclechuck
thanks!
i appreciate the information you provide in this video!
i see you own many miners and i am just getting started so as you are more experienced in this space wanted to ask your opinion
do you think a ks5 pro worth it for 16 k euro?
@@cypriotguy-kw7qe Well personally I would say no with the price of Kaspa where its at today "which could change at any time" but only you know if you have that kind extra money sitting around. Is your electrical cheap? Do you have the ability to purchase your miner through a business you own and write off some of your electrical and hardware costs? Well then maybe but this I will say, the chance that you ever ROI will be slim to none unless Kaspa goes to the moon which we all hope of course but again only you know based on your personal situation. For me I run my mining operations through my businesses so it makes sense,.
@@miningwithunclechuck
Thanks for your answer i appreciate it!
Ks5 pro will cost me 15 thousand euro at my door.
So its very cheap compared with the price other people get it.
And yes i have a business so i can show the electricity burned as expenses of my business.
I believe it is a huge opportunity at this price so i pre ordered with not thinking it too much Keeping in mind that kaspa didn't have a full cycle yet and we have at least a year of upward trend in the crypto market in front of us.