First Impressions

The Iceriver KS5L, the latest generation Kaspa coin ASIC miner, is generating buzz among crypto enthusiasts. The miner stands out with its improved packaging, featuring prominently displayed logos on well-sealed boxes, ensuring a secure delivery.

Versions and Specifications

Initially announced with a uniform 12 TH/s hashrate, the Iceriver KS5L has surprised the market by delivering three different versions: 10 TH/s, 11 TH/s, and 12 TH/s. For our testing purposes, we have the 12 TH/s version in stock.

Key Specifications of the Iceriver KS5L:

  • Hashrate: Up to 12 TH/s (varies with versions)
  • Power Consumption: 3300W
  • Efficiency: 275 J/TH
  • Noise Level: Approximately 60 dB in a 10°C ambient environment

Setting Up the Miner

Connecting and setting up the Iceriver KS5L is straightforward:

  1. Connect the Miner: Plug in the miner and connect it to your local network.
  2. Get the IP Address: Obtain the IP address of the miner from your network.
  3. Login: Open your web browser and enter the IP address. Use the default credentials:
    • Username: admin
    • Password: 12345678
  4. Configure Pool Details: Fill in your pool details and wallet address. We connected our miner to Humpool.

Performance and Noise Levels

Upon initial operation, the miner was noticeably quiet, thanks to its auto-fan tuning feature. In our warehouse with a 10°C ambient temperature, the miner’s noise level was around 60 dB, making it relatively unobtrusive compared to other miners.

However, we observed some hashrate instability. The hashrate fluctuated between 12 TH/s and 18 TH/s, indicating potential firmware issues as this is the first model in this series. We anticipate future firmware updates will address this instability. Despite the fluctuations, the average hashrate was around 12 TH/s.

Power Efficiency

One of the standout features of the Iceriver KS5L is its power efficiency. Consuming 3300W, it achieves an efficiency of 275 J/TH, making it the second most efficient Kaspa ASIC miner after the Bitmain Antminer KS5, which operates at 150 J/TH.

Profitability and ROI

Currently, the Iceriver KS5L generates approximately $55 per day in revenue, making it a highly profitable miner. However, it comes with a high price tag of €12,000, resulting in a projected payback period of under one year.

Factors Influencing ROI:

  • Network Difficulty: Constantly growing, affecting mining profitability.
  • Kaspa Coin Price: Fluctuations in coin value impact earnings.
  • Operational Risks: Potential downtime for repairs and cooling requirements.


The Iceriver KS5L is a powerful and efficient ASIC miner for Kaspa coin, offering significant profitability and relatively quiet operation. While the initial investment is high, the potential for a quick ROI is attractive. However, miners should remain cautious of the inherent risks in crypto mining, including network difficulty and coin price volatility, as well as operational challenges like cooling and potential downtime.

Overall, the future looks promising for Kaspa and the Iceriver KS5L, but as with all things in the crypto world, uncertainty is the only certainty.

For more detailed specifications and up-to-date profitability calculations, visit