Part 2/8:
In the beginning, the miner embarked on their crypto journey with excitement, setting up an Ice River KS1 miner in their basement to mine Caspa, a cryptocurrency recognized for its profitability at the time. However, the setup process was unexpectedly pricey. The initial investment included:
A 240-volt outlet installation ($99)
A Power Distribution Unit (PDU) ($130)
C13 to C14 cables ($10)
The Ice River KS1 miner itself ($2,700)
At the start, Caspa was listed as the second most profitable cryptocurrency to mine after Bitcoin. Back in January 2024, the miner was earning around 100 Caspa daily, translating to approximately $10—a promising outlook.