So as the title says it I’m going for ASIC mining for “Peercoin” and I need a little guidance.
So I’ve been looking around and trying to figure out that would it be profitable for me to mine Peercoin with ASIC rigs or not. The mining calculator that “peercoin.net” has the link to says that 1.2TH/s is not going to be good profit and then “wheretomine.com” says it’s going to be good profit. So I’m a bit confused here
The link above will show you the rig that I’m considering to buy.
For those who would calculate the profitability for me, my power cost is 5.6euros/kWH
I’m not 100% sure about it because the electric bill says that it cost that much, but then I think if it’s that much then it would be really expensive for me to start mining because the rig sucks so much power that I would have to have so much profit that I would be able to pay the bill with it and still have nice profit left over.
The other option would be to pay monthly to move it to some local data center where they would take care of the machine and pay the power. But I haven’t figured is that available for me.
So what do you guys think I should do?
I’m honestly running out of ideas and I would really want to start mining.