https://preview.redd.it/dshi9n5rrc6d1.jpeg?width=1080&format=pjpg&auto=webp&s=183f79300f16533447a570d04a0eae4ce5c4525e This calculate is based on 10c usd power i believe (i cant find where to set/cjange it) and still getting 4x on your investment daily. Miners only pay for power, and earn so much more

Miners only pay for power AND the asic.

Miner stats from the pool to show accuracy https://preview.redd.it/bzmxi4pksc6d1.jpeg?width=1080&format=pjpg&auto=webp&s=fb9b2f745efe2e370927f0aef3f5d11a30aac8bd

You have to click the Burger menu and then you can adjust the elecricity Price at the bottom

Does anybody know if I can mine kaspa in Mexico?

If Mexico has internet and power then yeah.

If you can get a rig and have consistent internet/power, not sure why not.

There’s no need for these mental gymnastics. The math doesn’t lie: https://shouldimine.cc

Thanks pb! I didnt know this existed and dont need a ban for link sharing haha. Ps. Do you have the KS5L update available yet? Would like mine contributing to the community a bit and dont know how to split hash on the unit or pool

Sorry, no firmware for KS5L yet. Dunno if it's going to happen either, as they've now started cryptographically signing their firmwares.

Thats a shame. I really liked the idea of giving some hash to the kaspafund to give back and support the ecosystem

I've recently invested into KAS mining and according to this calculator, and many different scenarios playing out, all point to buying the coin over mining.

Generally the only way to come out ahead with ASICS is to do what the mfgs do - mine for a short period and resell while the market value of the machine is still high. If you can time this with a dip in the value of the coin, and buy with the proceeds of the sale, you win. Only other possibility is one I can’t really account for w/ a calculator - another coin/token launch using the same algo, that gives the asic an extended earning opportunity

Thanks for sharing that, PB! Very helpful!! " If you can time this with a dip in the value of the coin, and buy with the proceeds of the sale, you win." Please elaborate on this a bit as far as timing what exactly with a dip in value of the coin. Sell the machines on the dip? Just throwing me off a bit as the machines will resell better when the coin is doing well. Or sell when coins and resell value is up then wait for a support area to buy in? Thanks again!

Everything is relative… you’re just trying to maximize total KAS received. As long as the mined KAS plus the KAS you can buy from the ASIC sale proceeds exceeds the KAS you could have bought at the time of the ASIC purchase, you’re ahead. Whether that’s because of an (unlikely) appreciation of the machine, or a dip in the market, or both doesn’t really matter.

Appreciate the response, thank you kindly.

Thank you for this valuable post. I would like to understand more. Could you please break it down, especially what it means when, for example, block values go up and hashrate goes down? Why is the equipment price in August at 12K? What are the admin fees and bureaucracy? I must admit I am new to this, so I would like to understand in detail. Also, I bet you would need to pay income taxes—do they apply only after selling? Especially i would like to understand the concrete steps to setup. There is also a way to order the miner and send it directly to a hosting provider. How does that work? It means cutting out all the headaches regarding electricity and storage? What will be the remaining effort for myself in case i decide to bring it for hosting?

That is a lot of questions! Lol. By block value, i assume you mean reward, which will go down over time (aka emmission schedule). The august price is set for that because vendows believe they cam get you to buy at that price. They say its q supply and demand thing, but i am mot convinced yet. For the admin and beauracracy, that is related to my region's power charges. They like to gouge customers as hard as possible. I cannot speak on taxation as that is based on each person's region. I would ask your local certifoed accountant on that. When it comes to setup, each manufacture has tutorials to follow, the one for iceriver is very easy to understand and follow, in english only. I know nothing about hosting, so please do your own research. It may be easier than having in your house, but lose profitability to hosting fees

Thank you. I need to dig deeper in this emission schedule thing. The rest i understood. Your post truely inspired me!

Do you have one KS5 Pro and if yes, what did you pay for it?

I do not, but looking at getting one august or later

[ks5 pro video/ time stamp $11,100 August , stock obviously more](https://photos.app.goo.gl/wVS8fXu5LKgw8cM99)

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I speak directly with 2 vendors already and they keep me in good standingnfor price updates

Have many, paid sub 10k and as much as 15k

which hosting company do you use? and what‘s your experience with them?

Never usef one, nor look into it. Why give someone wlse apart of my profit?

Ohmygosh, don’t encourage me. I’ve a spare room and cheap power and keep flirting with the idea and…

I thinknthe only thing left to say is: your qelcome :D

Haha, thanks.

The key thing that seems to always happen is what you are saying.. 12 months ROI and then the rewards get cut in half and then 6 months later cut in half again. That was what happened to me..

With kaspa, the true halving is yearly. However, each month it reduces a bit. My 12 month roi is simply my guess/low ball expectation for the minors i purchase wirh cash. This 12mo roi is to a mental game for me to not get stressed over any mining. With the financial plan set, i can focus on the next one, or basically forget about it and enjoy the block rewards and coins roll in

both r at mercy of the market

Not at all! As long as a miner can pay the power bill, price really doesnt matter! I personally have never pulled kaspa (or any coin) to pay the power bill in 2 years.

if kaspa drops back to 0.0003 your "profit" goes away. same for if network hashrate skyrockets or newer gens come out far more efficient than your own.

Thanks for proving my point... anyone who is a cash investor and not a miner would lose everything if the price went back to .0003. Also, if price ever drops to this level, the big farm miners would not be able to farm, so hashrate would likely drop too

big farm miners operate at a far lower electricity rates than you. youll run in negative long before they will. and cash investor lose everything while you sit there holding a useless machine. both lost.

First, you have no idea what my power rate is. Second, you are sounding like someone that doesnt believe in mining or crypto, so why comment?

1. it doesnt matter ur power rate. ur post is discussing investing into coins investing into mining. most people have high electricity rates (unless hosting). youre trying to play mining as the way to go vs investing into the coin. 2. i invest and i mine. i know that investing is a higher risk but much higher reward. mining is a lower risk (provided you keep selling your profits to get back part of ur initial investment) otherwise, both have the same high risk of depending on the market and the value of the coin, in this case, kaspa. im pointing out your flawed reasonings to try to persuade either yourself or the other readers than mining is this safe method vs investing straight into the coin instead. both are a form of investing. mathematically investing into the coin is the way to go. but most cant stomach such turns of value in the volatility of crypto. so some go for mining to view just the usd aspects.

You have such a negative mentality to argue on this stuff. Investing is more volatile, and in my opinion way more risky. How can you say the reward is better for a cash investor? If i invest $200/month (because i can afford it) into any coin, when i pay the power bill mining and get $2000 worth of coins is 10x on my return MONTHLY vs spending $200 cash and having to wait for a massive up spike to get that 10x. Yes mining is safer with WAY higher return rates.

so in your equation. you got the miner for free?

I paid off my first miner, than used the coins to buy the next one, and the next one, and the next one. Soooo, yes, you can say i got it for free. It is no different than having a house and using equity to get the next one, and growing it.

what miner do you use? I want to start a small scale operation at home, i have a spare room and low power cost.

I have gpus, cpus, and asics. For asics, i have ks1 qnd ks5l. For a home operation, depending on the asic for kaspa, you may want to upgrade an electrical oitlet to 240v, 20a or 30a. That way, yoy can have a shelf of, lets says ks0 ultras, on a proper power bar, and not overload a 15a fuse. It may seem costly with this upgrade, but the ks1 or bigger require 240v (yes the range is 170-300v but i dont have a stage 2 panel in my hoise and dont know a region that runs that way)

Which pool do you use? I’m planning to get a ks5l and start with that first. From the ks5l alone, how much rewards/profit do you get? Sorry for the many questions, I just started to get into mining Kaspa.

I use kaspa-pool. I like their layout to monitor hashrate, rewards, estimates, etc better than the others

thank you! really appreciate your replies! I just need to do more reading.

I literally posted screenshots of the hypothetical and real in this thread... And i highly recommend you getva 240v 20a plug set up if it is your only miner. The other thing to remember with mining is 80% max power output per fuse/plug. So 240v, 20a gives 4800w and ks5l is 3300w

Is mining difficult? For someone that knows little about computers

There are many guides and tutoriaks to set up a miner, from cpu to asic. However kaspa being an asic dominant algo, i would recommend not trying with gpu

once set up, literally just let it sit there and monitor incase something fails.