
Handshake aims to decentralize the traditional domain name system. Miners support the network by processing transactions and thus helping to build a secure Internet.
Yes, Handshake (HNS) can be mined and is a proof-of-work cryptocurrency using the algorithm combination Blake2B + SHA3. Specialized ASIC miners such as the Antminer HS3 or the Goldshell HS series provide computing power around the clock, confirm transactions and receive new HNS as a block reward in return.
The special thing about Handshake is its use case: it is a decentralized naming protocol through which top-level domains are assigned directly on the blockchain - an alternative to the central ICANN. Honestly assessed, however, HNS remains a niche coin with a very low price; mining is technically straightforward, but economically tight - more on this in the following questions and in our Handshake miner overview.
Handshake (HNS) is a decentralized naming protocol intended as an alternative to the classic DNS and to central certificate authorities. Instead of a central registry like ICANN, top-level domains are assigned here directly on the blockchain by auction, and HNS is the currency you use to bid on these names and manage them.
For miners, HNS is nonetheless an ordinary proof-of-work coin: it is mined using the algorithm combination Blake2B + SHA3 with specialized hardware that receives new HNS in return. The project is technically interesting but has not established itself in the market and is a micro-cap today - that is part of a realistic assessment.
Handshake is not just a currency but a decentralized domain system - the auctions for top-level domains run over the same network. It is secured by mining: Blake2B-SHA3 ASICs continuously solve cryptographic tasks and produce a block on average every ten minutes.
The method is proof of work as with Bitcoin, except that Handshake combines Blake2B + SHA3, two hash functions, into its own dual-hash construction. Whoever finds a valid block receives the reward in HNS (currently 1,000 HNS per block, until the halving in July 2026) - in practice via a pool such as F2Pool or DxPool, because a single device on its own only very rarely hits one. Mining thus brings new HNS into circulation and keeps the domain network tamper-proof.
Handshake mining is based on the algorithm combination Blake2B + SHA3 - a dual-hash construction to which all Handshake hardware is hard-wired. It is precisely for this that there are specialized ASIC miners such as the Antminer HS3 or the Goldshell HS series.
Other cryptocurrencies sometimes use completely different algorithms - Bitcoin for example SHA-256, Kadena Blake2S -, which is why their hardware is unsuitable for Handshake and vice versa. A Handshake ASIC handles only this one computing task, but does so particularly efficiently. Anyone who wants to mine HNS needs Blake2B-SHA3 hardware specifically.
For Handshake mining you need Blake2B-SHA3 ASIC miners - devices whose chips are built exclusively for the HNS computing task and therefore deliver many times the computing power per watt compared to a CPU or graphics card. These are no longer competitive for Handshake.
There are two classes: the industrial device Antminer HS3 (around 9 TH/s, about 2 kW) for continuous operation and the smaller Goldshell HS models (HS-Box, HS3-SE, HS5, HS6), which are intended as efficient home or desktop miners. Which device makes sense depends on electricity price, location and budget - you will find the available models in our Handshake miner category; more on this in the following questions.
Handshake (HNS) can in principle be started on a PC or with a graphics card, but this is no longer economically viable - ever since Blake2B-SHA3 ASICs such as the Antminer HS3 or the Goldshell HS series have existed, these have dominated the network.
A modern Handshake ASIC is many times faster and, per hash, significantly more efficient than any graphics card. To make matters worse, HNS is a micro-cap with a low price: the already thin yield is quickly eaten up by GPU electricity costs, so a PC attempt as a rule ends in the red. Serious HNS mining therefore runs on ASIC hardware, whose profitability depends on electricity price, HNS price and difficulty.
None - for Handshake mining the firmware installed at the factory on the Blake2B-SHA3 ASIC is enough. Suitable devices are for example the Antminer HS3 or the Goldshell HS models; with both you configure everything via the browser interface: enter the HNS pool (for example F2Pool or DxPool) and your Handshake wallet address, and the miner works.
Dedicated mining software on a PC is not provided for, since Handshake runs on these specialized ASICs. Only once you operate several HS devices in parallel does additional central monitoring software become worthwhile.
What you can buy are specialized Blake2B-SHA3 ASICs - in the industrial segment the Antminer HS3 (around 9 TH/s, about 2 kW) as the efficiency leader, alongside the smaller Goldshell HS models (HS-Box, HS3-SE, HS5, HS6) for the home segment. You will find the models currently available at the top of this page.
At Cryptohall24 you order the right Handshake miners directly - new or as a tested used device. The Antminer HS3 is currently not available from stock and can only be sourced on request. Since HNS is a niche coin with a very low price, you should check the profitability against your electricity price on a current basis before buying - we are happy to advise you on this.
Handshake hardware starts small: Goldshell HS home devices such as the HS-Box or the HS3-SE are in the lower price segment, while the industrial Antminer HS3 (around 9 TH/s) marks the upper end. The gap is explained by computing power and efficiency.
More important than the purchase price with Handshake is the revenue side: as a micro-cap coin the HNS yield is very low, which is why an expensive industrial device often pays off less well than an efficient Goldshell home device. Purchase price, electricity costs and HNS yield should therefore be considered together. You will find the current prices of the individual models at the top of this page.
Handshake is a thinly traded niche coin - that shapes both routes. When buying, you receive HNS immediately at the current price, but only via a crypto exchange such as Bitget, provided HNS is listed there at all, and often with a noticeable spread between buy and sell price. When mining, you generate HNS yourself via a Blake2B-SHA3 ASIC and continuously collect small block rewards.
Buying is thus the direct, price-dependent entry, mining the ongoing generation whose yield is determined by electricity price, HNS price and difficulty. With such a small coin, both are a deliberate speculative decision. Cryptohall24 sells the Blake2B-SHA3 hardware; the HNS trading itself is handled by the exchanges.
The Goldshell HS miners for Handshake are home or desktop devices and are in a different league than the industrial Antminer HS3. The small Goldshell HS-Box is very quiet and efficient (a few hundred watts) and intended for living spaces, but delivers only a fraction of the computing power. The larger HS5 is considerably stronger, but as loud as a classic industrial ASIC.
For home operation the rule is: the HS-Box as a quiet entry point, the larger models only in a separate, ventilated room such as a garage or utility room because of noise and heat. The Antminer HS3 (around 9 TH/s, about 2 kW), by contrast, is built for continuous operation and unsuitable for the living room. Anyone who wants to sensibly combine home operation with their own electricity will find the key basics in the article Crypto mining with solar power.
How loud a Handshake miner is depends heavily on the device: the industrial Antminer HS3 reaches the level of a running vacuum cleaner during operation (around 75 dB), because powerful fans have to dissipate the waste heat of about 2 kW in continuous operation. An ordinary living space is hardly suitable for this.
Considerably quieter are the small Goldshell HS home devices such as the HS-Box, which are deliberately built for the living area and get by on a few hundred watts. This is precisely where the advantage of these efficient niche devices lies: they can also be operated at home - so anyone who wants to avoid the noise of an industrial device entirely has a genuine home alternative with HNS.
Bob Wallet is the obvious choice here: this HNS wallet receives the pool payouts and at the same time manages the name auctions and DNS records typical of Handshake - a clear advantage with a naming protocol like Handshake. You store your receiving address from Bob Wallet in the mining pool, and the mined HNS flow there.
Bob Wallet comes with an integrated hsd node; technically savvy users can instead run the reference implementation hsd directly. Either way: you alone should control the private key, then the coins belong to you alone.
A mining pool is a combination of many miners who bundle their computing power and share found block rewards proportionally. This way participants regularly receive small HNS payouts instead of waiting a long time in vain for a block of their own - for nearly all Handshake miners this is the sensible route.
For Handshake the established pools F2Pool, DxPool and 6Block are the most common choice; they mostly work with PPS or PPS+ payout models and low payout thresholds. ViaBTC also supports Handshake - anyone who signs up via our link receives reduced pool fees there. Always check the fee and payout model on a current basis before starting, as the conditions can change.
Solo mining works with Handshake, but with a single device such as the Goldshell HS-Box or an Antminer HS3 it rarely pays off. When you find a block, you collect the entire reward of currently 1,000 HNS.
Against the bundled Blake2B-SHA3 computing power of the rest of the network, however, the chance of a single box hitting one is low, so long phases entirely without yield arise. Most HNS miners therefore choose a pool such as F2Pool or DxPool and receive regular, plannable payouts there. Solo only becomes a sensible alternative with a considerably larger hashrate of your own.
Consumption with Handshake mining depends heavily on the device type and is by far the largest ongoing cost factor: the industrial Antminer HS3 draws about 2 kilowatts (around 2,000 watts) around the clock, which in continuous operation amounts to roughly 17,500 kWh per year. The small Goldshell HS home devices stay well below that with a few hundred watts, but also deliver only a fraction of the computing power.
The electricity price is therefore the most important profitability lever - with expensive household electricity (often over 30 ct/kWh), HNS mining is hardly viable. Calculate the consumption of your specific device against your real electricity price before you invest.
Yes, Handshake has a halving: in July 2026 the reward per block drops from 1,000 to 500 HNS. For miners this means that only half as many new HNS are paid out per block found - the yield per block halves abruptly.
On the supply side, a soft fork is also relevant: at the end of August 2025 the unused airdrop claims were ended, which reduced the total supply by around 56 percent - from about 2.04 billion to around 889 million HNS. A smaller supply can theoretically support the price, but with a thinly traded micro-cap it is no guarantee - for your profitability, in the short term the HNS price, difficulty and electricity price count far more.
Honestly assessed: with Handshake mining the profitability in 2026 is very tight. HNS only pays off at an extremely low electricity price, and even then usually only marginally. The reason is the very low coin price in the range of a few thousandths of a US dollar - even the efficiency leader Antminer HS3 yields only a very small return per day while drawing about 2 kilowatts continuously.
Three factors are decisive: the HNS price, the network difficulty and your electricity price. At German household electricity prices (often over 0.25 EUR/kWh), operation is clearly loss-making. Therefore always calculate Handshake with a current mining calculator such as AsicMinerValue and your real electricity price before you invest - and regard HNS hardware as a deliberate niche or speculative decision.
Particularly with a micro-cap like Handshake the advance calculation is important, because even small price movements decide between profit and loss. A mining calculator takes the hashrate and consumption of the device for this - for the Antminer HS3 around 9 TH/s and about 2 kW - as well as your electricity price, and from this, together with the current HNS price and network difficulty, derives the estimated daily or monthly yield.
The current profitability of the common Blake2B-SHA3 models is shown by AsicMinerValue. Because the HNS price and difficulty fluctuate constantly, every result is only a snapshot - check your scenario again shortly before buying.
Handshake is among the coins for which Cryptohall24 deliberately offers no hosting: the only available HNS devices come from the Goldshell HS range, are efficient and quiet niche ASICs and are thus from the outset intended more for home operation than for data center operation.
Our hosting serves powerful industrial hardware from Bitmain and MicroBT, such as runs in Bitcoin mining for example - the compact HS-Boxes simply do not fit this profile. At home, on the other hand, they can be operated without complication; how this works well with your own electricity is shown in our article on Crypto mining with solar power. Whether HNS is worthwhile at all at the current price you should calculate beforehand on a current basis.
Of the Handshake devices, as a rule none can be hosted: the HNS hardware comes from the Goldshell HS range (HS-Box, HS3-SE, HS5, HS6), so it does not come from Bitmain or MicroBT and is in part very efficient - quiet niche ASICs of this kind are made for home operation, not for the data center.
We can of course sell and explain these devices to you. Our hosting, however, remains reserved for the powerful industrial ASICs from Bitmain and MicroBT (Whatsminer), which run around the clock under full load. If you would like to operate such a machine, we are happy to examine the options on a case-by-case basis.
Handshake mining is permitted in Germany - with such a niche coin the trickier question is often whether the tax office recognizes an intention to make a profit or treats the operation as a tax-irrelevant hobby. If the mining runs regularly and with a realistic prospect of profit, it counts as commercial and the HNS earnings are taxable.
In that case electricity expenses, hosting and the HNS hardware reduce the profit; an overview is provided by the article Reduce your taxes through crypto mining. Whether Handshake mining is permitted elsewhere depends on the country - the assessment of your individual case is handled by a tax advisor. This is not tax advice.
Handshake uses a combination of Blake2B and SHA3, and a coin has to share precisely this combination for a Handshake miner to be able to mine it - in practice this applies almost only to Handshake itself.
An Antminer HS3 or a Goldshell HS device cannot mine Bitcoin (SHA-256) or Litecoin (Scrypt), since the chip executes only the Blake2B-plus-SHA3 computation and cannot be switched over. For other algorithms dedicated hardware is needed - the overview by coin is in the ASIC miner category.