Released in May 2024, the IceRiver KAS KS0 ULTRA ASIC miner is designed for cryptocurrency mining. In mining, IceRiver KAS KS0 ULTRA generates approximately $0.09 per day before electricity costs. At an electricity price of $0.05 per kWh, the expected net profit is around $-0.03. The most profitable coin to mine on this hardware is Kaspa (KAS) (KHeavyHash) with a hashrate of 400 Gh/s at 100 W. Other coins include and , which can also be profitable depending on network conditions.