Is Kaspa Mining Still Worth It?

You may have heard of Kaspa, a popular currency in the mining circle in recent years. Especially its high concurrency, high block speed and low handling fee. But is it still worth mining Kaspa now?

In this article, we will conduct a practical evaluation. First, let’s take a look at the factors that currently affect the income of Kaspa mining, and then compare the actual income of mainstream miners to help you select the most cost-effective equipment.

What Affects Kaspa Mining Profit?

Is Kaspa mining profitable? You need to first look at the key factors that affect profit. These combined factors determine the real profit.

1. Current KAS Price

If Kaspa rises, the value of the coins you mine will be high. If it falls, you may not make money even if your computing power is high. The fluctuation of coin prices is faster and more fierce than the fluctuation of computing power.

2. Network Hashrate

Network hashrate represents how many people in the world are competing with you for mining. The faster the computing power increases, the less your share will be. You could have gotten 1%, but now the computing power of the entire network has doubled, and you only have 0.5%.

3. Mining Difficulty

Kaspa produces 10 blocks per second. The difficulty will be adjusted dynamically to ensure this block speed. The increase in difficulty means that you need more computing power to mine the same number of coins.

4. Electricity Cost

Kaspa mining requires ASIC miners. Areas with low electricity costs have obvious advantages. Most parts of the United States are $0.06/kWh. The following calculation of profits will be based on this standard.

5. Minor Efficiency

Different miners have different power consumption. For example, among the miners for Kaspa, the unit power of Antminer KS7 is 77J/T, and the unit power of Iceriver KS7 is 116.66J/T. This difference will be reflected in the electricity bill.

6. Mining Fees & Transaction Fees

If you choose to join a Kaspa mining pool, the mining pool will charge a certain fee (usually 1%-2%). The KAS handling fee during the transaction will also become a hidden cost as it becomes popular.

Current Revenue of Mainstream Kaspa Miners

Having said so many influencing factors, is mining profitable? Let’s look at the actual revenue of the current mainstream Kaspa miner, calculated daily.
Note: The following data is based on the current price of KAS of about $0.11 and the electricity price of $0.06/kWh. The data is subject to fluctuation and is for evaluation purposes only.

Professional Kaspa Miner

Next, we will introduce you to four professional Kaspa miners that are still worth buying.

Bitmain Antminer KS7

Release time: May 2025
Hash rate: 40 Th/s
Power consumption: 3080W
Market price: $5840, for reference
Current daily income: about $16.09/day

Bitmain Antminer KS7 is a pure flagship miner with full performance and reasonable power consumption. The 40T hash rate is the top level in the current Kaspa mining circle, and the 3080W power consumption is well controlled in this volume. It can run $16 in income every day, excluding electricity costs. It is suitable for miners with conditions for deployment, such as cheap electricity prices, stable sites, and sufficient budgets.

But it should be noted that the first release time is May 2025, which is a new miner that has just come out. The investment is high and it is not suitable for small players.

IceRiver KAS KS7

Release time: April 2025
Hash rate: 30 Th/s
Power consumption: 3500W
Market price: $4399, for reference
Current daily income: about $10.36/day

IceRiver KS7 belongs to the brand’s flagship line, and its performance is not bad. The parameters are good, the income is OK. But overall, it is a stacking-type miner. Although the hash rate reaches 30T, the power consumption is pulled to 3500W.

Although the hashrate is slightly lower than Antminer KS7, the price is cheaper, which is suitable for Kaspa miners with a limited budget or cheaper electricity.

Bitmain Antminer KS5 Pro

Release time: March 2024
Hash rate: 21 Th/s
Power consumption: 3150W
Market price: $999, for reference
Current daily income: about $6.24/day

If you are looking for cost-effectiveness, KS5 Pro is the most worthwhile one here. Although it is already the previous generation model, the 21T hash rate is still acceptable at present. The key is that the price is very competitive, and you can earn about $6 a day with an investment of less than $1,000. The ROI is faster than many new models.

The power consumption is slightly higher, but it is completely fine to deploy in a professional mining farm. If the budget is less than a thousand dollars and you want to mine steadily, this is one of the most suitable models. Suitable for people who run a large number of miners.

Home Kaspa Miner

The above-mentioned Kaspa Miners require professional sites. Some groups do not have mining sites, and they want to mine Kaspa at home or in the office. Currently, many top manufacturers have also launched many Home Kaspa Miners, which have the advantages of being silent, compact, and low power consumption.
For novice miners with limited budgets and limited sites, this Home Kaspa Miner is the best choice.

IceRiver KS7 Lite

Release time: April 2025
Computing power: 4.2 Th/s
Power consumption: 500W
Market price: $700, for reference
Current daily income: about $1.44/day

IceRiver KS7 Lite is a lightweight miner prepared by IceRiver for home users. The advantages are small size, low power consumption, basically no noise, and can be operated in an ordinary residential environment. It is suitable for home users or beginners to experience the mining process. Its advantages are easy deployment, low entry threshold, no picky power environment, low heat dissipation requirements, and can be operated without a room-level configuration.

But the problem is that the price per T is expensive, higher than the flagship KS7. The daily income is only $1.44. The high electricity fee directly leads to negative income. Its positioning is not to make money. If you just want one to run at home, look at how Kaspa digs it out. It can satisfy that.

IceRiver KS2 Lite

Release time: October 2024
Hash rate: 2 Th/s
Power consumption: 500W
Market price: $400, for reference
Current daily income: about $0.31/day

IceRiver KS2 Lite is one of the lightest Kaspa miners on the market. It is suitable for users who do not have high-performance requirements. The advantages are almost zero noise and plug-and-play. Small size and no space. Stable operation, suitable for a home, learning scenarios, or for beginners. Or if you want to make a low investment and earn some extra money steadily, you can also consider it.

But the performance of this miner is very limited, and the income is also low, $0.3/day. If you just want to experience Kaspa mining, it is the one with the lowest threshold.

IceRiver KS0 ULTRA

Release time: May 2024
Hash rate: 400 Gh/s (= 0.4 Th/s)
Power consumption: 100W
Market price: $129, for reference
Current daily income: about $0.06/day

IceRiver KS0 ULTRA is an extremely low-power micro Kaspa miner launched by IceRiver. It is an ultimate entry-level miner. This miner has a hash rate of 0.4 Th/s. The power consumption is also very low, only 100W. It can run steadily in any home socket, with no power and noise pressure at all.
The equipment is cheap, costing less than $150. It is quiet and power-saving, suitable for 24-hour operation indoors. It is easy to get started and has almost zero maintenance.

But its problems are also very realistic. It can only mine $0.06 a day, and the US electricity price is slightly higher, which will result in negative income. The hash rate is too small, and the sense of participation is greater than the income. This is for those who are extremely curious and want to try Kaspa mining for themselves without any budget pressure. It is suitable for those who don’t care about profit. It is not recommended for other scenarios. Players who value the efficiency of return on investment should avoid it.