IceRiver is a cryptocurrency mining hardware manufacturer specializing in high-efficiency ASIC miners for altcoins like Kaspa (KAS), Alephium (ALPH), and Aleo (ALEO), using algorithms such as kHeavyHash, zk-SNARK, and Alephium. Founded in 2023, the company focuses on energy-efficient, quiet designs for home and professional use, with models like the KS series (KS0 Pro at 200 GH/s, 100W) and AE series (AE1 Lite at 300 MH/s, 500W). IceRiver emphasizes profitability, advanced cooling, and global distribution through partners like CryptoMinerBros and Mineshop.eu. They offer hosting solutions starting at $0.035/kWh in locations like the USA, Dubai, Norway, Finland, Ethiopia, and Nigeria, with a mobile app for remote monitoring. The brand is known for innovation in altcoin mining, competing with Bitmain and Canaan, and supports algorithms like KHeavyHash for Kaspa. Their website (iceriver.io) promotes miners, hosting, and a dedicated mining pool, positioning IceRiver as a leader in efficient altcoin hardware.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

