What is the Kaspa coin?
Kaspa Coin: A New Blockchain with Infinite Scalability
Kaspa Coin (KAS) is a relatively new cryptocurrency that aims to solve the scalability problem faced by many blockchain networks. Launched in 2020, Kaspa is built on a new blockchain architecture that promises to provide infinite scalability, high speed, and low transaction fees.
The Kaspa blockchain uses a unique data structure called the Ghostdag (Greedy Heaviest Observed Sub-Tree Directed Acyclic Graph). This data structure enables the Kaspa network to process a large number of transactions per second with low latency and high throughput. In fact, the Kaspa blockchain can scale up to handle billions of transactions per second, making it one of the fastest and most scalable blockchain networks in the world.
One of the key features of the Kaspa blockchain is its ability to support a virtually infinite number of parallel chains. This allows developers to create and run their own customized blockchain applications on the Kaspa network, without worrying about the limitations of the underlying blockchain technology. With Kaspa, developers can build highly scalable and decentralized applications, without compromising on speed, security, or decentralization.
In addition to its scalability and speed, Kaspa also prioritizes security and decentralization. The Kaspa blockchain uses a consensus algorithm called Proof-of-Work (PoW), which requires miners to solve complex cryptographic puzzles to validate transactions and add new blocks to the blockchain. This makes it virtually impossible for any one entity to control the Kaspa network, ensuring that the network remains decentralized and secure.
Kaspa is also designed to be highly accessible and user-friendly. The Kaspa team has developed a suite of tools and resources that make it easy for developers and users to interact with the Kaspa blockchain. These include a robust API, a user-friendly wallet, and a comprehensive set of documentation and tutorials.
How can mine kaspa coin?
Kaspa Coin (KAS) can be mined using a Proof-of-Work (PoW) algorithm, which requires miners to solve complex mathematical puzzles using computational power. The Kaspa network uses a modified version of the Equihash algorithm, which is designed to be resistant to ASIC mining, and can be mined using graphics processing units (GPUs) and Field-programmable gate array (FPGA).
Here are the steps to mine Kaspa Coin:
Choose a mining software: To start mining KAS, you need to download and install mining software that supports the Equihash algorithm. Some popular mining software options include EWBF Miner, Gminer, and Bminer and Teamredminer
Set up a Kaspa wallet: Before you can receive KAS for mining, you need to set up a Kaspa wallet to store your coins. There are several wallet options available, including the official Kaspa wallet and third-party wallets like Coinomi and Guarda Wallet.
Join a mining pool: Kaspa Coin can be mined solo, but it's more efficient to mine as part of a mining pool. By joining a mining pool, you can combine your computational power with other miners to increase your chances of earning KAS rewards. Some popular mining pools for Kaspa Coin include 2Miners, MinerGate, and Poolin.
Configure mining software: Once you have chosen a mining pool and set up a wallet, you need to configure your mining software to connect to the mining pool and start mining KAS. You will need to enter your pool address, worker name, and password in the mining software configuration file.
Start mining: Once you have configured your mining software, you can start mining Kaspa Coin by running the mining software on your computer. The software will use your GPU to solve complex mathematical puzzles and earn KAS rewards. The more computational power you have, the higher your chances of earning rewards.
What is the best hardware for mining Kaspa?
Until now, E300 miners have been the best option for mining Kaspa
The E300 miner is an FPGA mining machine manufactured by Osprey Electronics. The E300 is capable of 14GH/s hashrate on kHeavyHash algorithm, 210 MH/s on etchash/ethash algorithm, and 24GH/s for TON algorithm (but TON is not mineable now).
There are three hash boards in each E300 box. Each hash board has one Xilinx VU35P. Each VU35P includes 872K LUT, 224Mb on-chip RAM, 8GB HBM2. With the active air cooling the E300 is plug and play, no PC is required for mining though some developers may choose to develop miners that do run on a PC and connect to the E300 over the network.
And The beauty of E300 miner is the capability to change algorithms. The witness is that before ETH moved POS, clients used E300 for mining ETH purposes, but when ETH changed to POS, thanks to the flexibility of FPGA, We changed E300 miner for mining Kaspa purposes. And for sure, we will update bitstream and support more coins in future
Let’s compare E300 miner with other hardware
Vega56 - 280 MH/s Vega56 - 280 MH/s RX5600XT - 43 MH/s RX5700XT - 53.01 MH/s RX5700XT - 53.01 MH/s RX6500 - 240 MH/s RX6600 - 400 MH/s RX6600 - 400 MH/s RX6600XT - 400 MH/s RX6600XT - 400 MH/s RX6700 - 500 MH/s RX6700XT - 500 MH/s RX6800 - 850 MH/s RX6800XT - 850 MH/s RX6900XT - 1040 MH/s RX6950XT - 1040 MH/s | 3070 8GB Laptop - 61.1 MH/s 3070 LHR - 500 MH/s 3070ti Micron GDDR6X - 593 MH/s 3080 - 800 MH/s 3080 8GB Laptop - 67 MH/s 3080 LHR - 800 MH/s 3080 12GB LHR - 105 MH/s 3080ti Micron GDDR6X - 967 MH/s 3090 Micron GDDR6X - 1026 MH/s 3090ti - 127 MH/s 4050 - 28 MH/s 4070ti - 1050 MH/s | P104-100 - 340 MH/s P102-100 - 440 MH/s 1050ti - 120 MH/s 1050ti - 120 MH/s 1060 3GB - 190 MH/s 1060 5GB - 190 MH/s 1060 6GB - 190 MH/s 1060 6GB - 190 MH/s 1060 6GB - 190 MH/s 1650S - 200 MH/s 1650ti - 210 MH/s 1660 Samsung GDDR5 - 268 MH/s 1660ti Samsung GDDR6 - 292 MH/s |
Reference source : https://woolypooly.com/en/coin/kas
How can we mine Kaspa on E300 box?
E300 miners are designed for both newbies and professional miners. For newbie miners, we have developed a WebUI that allows easy login where you set your wallet address for mining. For professional miners, we have also released documentation and source code for development purposes.
Step 1: Prepare at least one E300 box
Step 2: Login Webgui and go to "Miner" webpage
Step 3: Fill in your wallet, pool, worker ID, core clock…
Step 4: Click the “start” button to mine Kaspa.
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