How to mine Kaspa? A guide to Kaspa mining

Kaspa has developed into an extraordinarily profitable coin and leads the rankings in terms of profitability in 2024. Kaspa is based on the kheavyhash algorithm and uses its own network. New features are planned for the Kaspa blockchain in the future, such as KRC20, which will function in a similar way as ERC20 on Ethereum.

In our guide, we show you how to mine Kaspa with a KAS miner. We will guide you from the creation of your first Kaspa wallet to the selection of the right pool and miner until we finally set up the miner with the right settings.




Creating a Kaspa wallet

The most important thing to be able to start mining Kaspa is to have your own Kaspa wallet. We create such a wallet on https://wallet.kaspanet.io/ - at the moment we cannot judge the trustworthiness of other web wallets.

On the above-mentioned page, we can either create a new wallet (Create New Wallet) or recover an existing wallet with our phrase of secret words (Recover from Seed).

To create a new wallet, we therefore select "Create New Wallet". In the next step, we are asked to create a password that will be used to encrypt the private key of the web wallet. We therefore recommend using a secure and unique password for the Kaspa web wallet.

In the next step, we are also shown our "seed". This is the secret phrase with which we can later restore our wallet without a password. The seed represents the private key, so to speak. In this step, we have to write down the seed of 12 words in the correct order and keep it safe later.

We are then asked a few control questions such as "what is the 4th word?". These questions must be answered correctly. The web wallet app wants to make sure that we have really wrote down the seed.

Our web wallet is then set up and ready for use. Under "Receive Address" we may see our address for receiving Kaspa. We will need this address later.

Example:

kaspa:qq8vrw964xzcmeawzx8577rs2r6z6x30j8mv05rruwqf8mh7f8d3gzy305ghd



Select a Kaspa Pool and prepare the settings

Kaspa mining - like Bitcoin - attempts to find a suitable block as proof of work. Miners receive a reward for finding such a block. However, the probability of finding a block alone is very low. For this reason, miners join together in pools and divide the "profit" from finding a block according to the computing power they provided.

The pools humpool.com and kaspa-pool.org are suitable for Kaspa. Here we show the use of kaspa-pool.org, where the wallet address previously generated can be entered directly on the webpage in the free field for "miner address" to see which miners are currently working and what profits have been made. The payout will be made automatically whenever you have more than 100 KAS in your pool balance.

To be able to set up the miner correctly later, we need the exact settings of the pool. To do this, we click on the navigation point "Start mining" and enter our Kaspa wallet address (from above) under "Enter Wallet Address". In addition, we can assign a name for each individual miner via the "Worker Name" and select the region. It is also possible to select a normal (TCP) or encrypted connection (TLS). If cryptomining is not restricted by your network provider, we recommend simply using TCP.

The settings for the miner are then displayed, consisting of 3 pool addresses in along with 3 wallet and worker combinations. The password is completely irrelevant. Normally an "x" is simply used here.



How to find your kaspa miner in your network

To set up a Kaspa miner, you must connect it to a network and start it. The miner will then be assigned an IP address by your router. You must find out this IP address in order to set up the miner. You can do this either by logging into your router or by searching the network.

To find out the IP address of the router, open the "Network and Internet settings" in Windows. Here you will immediately see an Ethernet connection or a WiFi connection. After clicking on "Properties", you will be shown the IPv4 address of your computer. This usually consists of four areas separated by dots, e.g. 192.168.178.157. The first three areas are the subnet. To derive the IP address of the router, simply replace the number in the last area (here 157) with a "1". The IP address of the router is therefore 192.168.178.1 - this address can be called up in the web browser. The router should then contain a client list with all network addresses.

Alternatively, you can also use our Bat file for a network search in Windows. Here you will be asked for the subnet (in our example 192.168.178) whereupon the script tries to find all devices in your network.

Simply paste the following text into notepad and save it as "networkscan.bat" on the desktop:

@echo off

setlocal EnableDelayedExpansion

REM Prompt user for subnet

set /p subnet=Enter the subnet (e.g., 192.168.1):  

REM Loop through IP addresses from 192.168.1.1 to 192.168.1.254 and ping each

for /l %%i in (1,1,254) do (

   set "ip=!subnet!.%%i"

   ping -n 1 -w 100 !ip! > nul

   if !errorlevel! equ 0 (

       echo !ip! is reachable

   ) else (

       REM echo !ip! is unreachable

   )

)

echo Scan complete.

ftp

 



Set up Kaspa-Miner correctly

In order to store the settings in the Kaspa-Miner correctly, we now call it up via the determined IP address in a normal web browser (depending on the number of devices in your network, you will probably have to try out a few addresses).

We recommend only putting http:// and not https:// in front, as this could cause problems.

The default credentials for an IceRiver Kaspa miner are admin as the user and 12345678 as the password. For miners from the brand Antminer, the user is root and the password is root for the default login.

Next, we locate the pool settings in the web interface. For IceRiver this is a click on "Mining settings" and for Antminer a click on "Settings". The pool addresses and wallet/worker combinations from the previous steps are then entered here for all brands.

For kaspa-pool.org these would be these 3 pool addresses:
stratum+tcp://eu1.kaspa-pool.org:4444

stratum+tcp://us1.kaspa-pool.org:4444

stratum+tcp://asia1.kaspa-pool.org:4444

followed by these 3 exemplary (!) wallet/worker combinations.

It is also possible to select different pools here. As soon as the first pool in the list is not accessible, the miner will automatically jump to the next pool. In our example, we have entered the three different regions Europe, USA and Asia of the Kaspa pool. Reminder: You can simply enter an "x" as the password.



Buying the right Kaspa miner

When choosing the right Kaspa miner, it is important to consider the same things as with other miners. Check whether the expected mining yield exceeds the electricity costs. If this is the case, the miner is already profitable. For this you may use our own Profit Calculator for the Kaspa related kheavyhash which is available on https://tools.millionminer.com/asic-profit/algo/kheavyhash

Kaspa could see significant price increases in the future (although the price of any crypto could of course fall at any time). A price increase would subsequently have a very positive effect on the profitability of a miner. It has also been our experience that when coin prices go up, we may only get mining equipment from well-known manufacturers at a significantly higher price.

Visit our Kaspa miner category and take a look at our current offers.

Our experts will be happy to advise you on which Kaspa miner best suits your needs. Make an appointment today.



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