Handshake (HNS) combines decentralized naming with proof-of-work mining, creating a mining network with a distinctly different purpose from cryptocurrencies focused primarily on payments. Its mining process uses a specialized BLAKE2b + SHA3 design, supported by dedicated ASIC hardware built specifically for Handshake mining.
ValueHash offers a selection of HNS miners with different hashrates, power requirements, efficiency levels, and price points. Whether you’re expanding an existing operation or looking to buy an HNS miner, explore the available hardware above and find a model that fits your mining setup.
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Handshake (HNS) is a decentralized, permissionless naming protocol that aims to replace centralized internet registries like ICANN.
Instead of relying on traditional Certificate Authorities, it uses a proof-of-work blockchain to manage the registration, renewal, and transfer of top-level domains (TLDs like .c, .p, or custom names).
The native HNS token is used by participants to bid on these domain names in decentralized auctions and to pay network transaction fees.
Handshake was launched in 2020 by an elite group of open-source developers and was backed by a $10.2 million funding round from Silicon Valley venture capital firms, including Andreessen Horowitz (a16z), Founders Fund, and Sequoia.
The founders also donated the majority of their initial capital to free software developers.
Handshake was built as an alternative root zone, designed to give internet users greater cryptographic ownership over their digital identities without relying on centralized domain registries.
An HNS Miner is specialized ASIC hardware designed to perform the proof-of-work computations required by the Handshake network.
Handshake uses a combination of BLAKE2b and SHA3 in its mining algorithm, so compatible ASICs are specifically designed to handle this workload efficiently.
Miners use these machines to contribute hashpower to the HNS network and earn mining rewards.
Handshake mining relies on high-efficiency ASIC hardware to secure the network using the specialized Blake2B + SHA3 (Handshake) hashing algorithm.
Because Handshake mining requires highly dense, dedicated computing power, maximizing ROI often depends on efficient hardware and access to competitive industrial electricity rates.
Handshake uses a specialized proof-of-work design combining BLAKE2b and SHA3.
This makes algorithm compatibility particularly important when selecting a Handshake Miner. ASIC hardware designed for HNS mining is optimized for this specific workload.
Before purchasing mining hardware, verify algorithm compatibility rather than assuming that an ASIC designed for another cryptocurrency can mine HNS.
Handshake has supported GPU-based mining, but dedicated ASIC hardware is generally a more relevant option for miners seeking specialized and competitive HNS mining performance.
ASICs are designed specifically around the computational requirements of the Handshake proof-of-work algorithm.
Before choosing hardware, compare the expected performance, power consumption, efficiency, and operating costs of available HNS-compatible mining options.
The best HNS Miner depends on several factors, including your electricity rate, budget, desired hashrate, and operating environment.
Rather than choosing the model with the highest hashrate, compare hashrate against power consumption and efficiency. A miner with a better balance between computational performance and electricity use may be more suitable for long-term HNS mining.
HNS mining profitability depends on several changing factors, including:
A miner's purchase price and operating costs both affect the overall economics. Use a current profitability calculation based on the specific HNS Miner and electricity rate you plan to use before making an investment decision.
Yes. Along with offering mining hardware, ValueHash provides professional ASIC hosting infrastructure for miners who prefer not to manage high-powered hardware at home.
Depending on the hosting setup and hardware compatibility, services may include:
If you're planning to buy an HNS Miner, contact the ValueHash team to confirm whether your selected hardware is suitable for the available hosting setup.
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