⛏️Mining Equipment

The project focusses on 2 main ASIC providers to generate KAS rewards, IceRiver and Bitmain.

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IceRiver

At present, the KS3M 6 Th/s device has been selected as the core weapon of choice offering the best balance across cost of acquisition, maintenance and any other associated overheads. The added benefit of quicker ship times makes this a lucrative option.

Although not as robust in quality as Bitmain, and without the added benefit of Bitmains extensive after sales support, IceRiver continues to make progress and we believe the risk reward is sufficient to derive meaningful value in daily operations.

Power Consumption: 3200W

Bitmain

As a contingency measure to cut the overdependence on IceRiver, 3 x KS3 9.4 Th/s devices have also been procured with a roadmap item to add more in order to balance the risk across both product providers.

The primary challenge in procuring Bitmain devices stems from longer delivery times, variable pricing identified in mid-month cycles basis underlying coin price, making it difficult to forecast procurement or engage in cost benefit analysis on overall proposition.

However the DC will continue to scale and stock ample amount of Antminers to ensure exposure to the leader in the PoW mining space.

Power Consumption: 3500W

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