$0.421+35.93%

Peercoin, launched in August 2012, was the first cryptocurrency to use proof-of-stake, alongside SHA-256 proof-of-work. It was designed for energy efficiency, with staking rewards for long-term holders.

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Best miners for this coin

#MinerHashratePower drawRevenue / dayProfit / dayPrice fromPays back in
1Bitmain Antminer S23 Hyd 3U1.16 PH/s11,020 W$61.13$47.91$15,499
2MicroBT WhatsMiner M79S1.35 PH/s20,000 W$71.14$47.14$11,099
3Bitdeer SealMiner A4 Ultra Hydro886 TH/s8,372 W$46.69$36.64$9,999
4Bitmain Antminer S23e Hyd 2U (865Th)865 TH/s8,650 W$45.58$35.20$9,176
5Bitmain Antminer S21e XP Hyd 3U860 TH/s11,180 W$45.32$31.90$7,310
6MicroBT WhatsMiner M79920 TH/s14,500 W$48.48$31.08–
7Proto Rig819 TH/s12,000 W$43.16$28.76$7,779
8Bitdeer SealMiner A4 Pro Hydro680 TH/s7,412 W$35.83$26.94$8,699
9Bitdeer SealMiner A3 Pro Hydro660 TH/s8,250 W$34.78$24.88–
10MicroBT WhatsMiner M7DS680 TH/s9,200 W$35.83$24.79$6,848
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About

How this coin is mined

Peercoin mixes SHA-256 proof-of-work with proof-of-stake; it was the first coin to use staking. Its proof-of-work reward falls as difficulty rises.

Questions

Mining this coin: FAQ

Is Peercoin mining profitable right now?

At 5¢/kWh the most profitable Peercoin miner today, the Bitmain Antminer S23 Hyd 3U, earns about $61.13 a day and burns $13.22 of electricity, leaving about $47.91 a day. 159 of 248 SHA-256 miners we track are profitable at that price. Set your own power price above and the whole page recalculates.

What is the best miner for Peercoin?

Ranked by profit per day at 5¢/kWh: Bitmain Antminer S23 Hyd 3U ($47.91/day, 1.16 PH/s at 11,020 W), MicroBT WhatsMiner M79S ($47.14/day, 1.35 PH/s at 20,000 W), Bitdeer SealMiner A4 Ultra Hydro ($36.64/day, 886 TH/s at 8,372 W). The most efficient machine we track is the Bitdeer SealMiner A4 Ultra Hydro at 9.45 J/TH; cheap power favours raw hashrate, expensive power favours efficiency, so the order changes with your price.

At what electricity price does Peercoin mining stop paying?

At today's price and difficulty the Bitmain Antminer S23 Hyd 3U breaks even at about 23¢ per kWh: above that it costs more to run than it earns. Pool fees (usually 1-4%), cooling and any hosting margin come on top, so plan with a buffer. Of the 248 machines we track, 195 are in profit at 3¢/kWh, 144 at 6¢ and 108 at 10¢, which is why miners chase cheap power.

How long does a Peercoin miner take to pay for itself?

The fastest payback at 5¢/kWh is the Bitmain Antminer S21 Pro (234Th): about $702.30 for the machine, $8.12 profit a day, so roughly 3 months if price and difficulty stayed where they are today. The top earner, the Bitmain Antminer S23 Hyd 3U, costs $15,499 and pays back in about 11 months. In practice difficulty usually rises as new machines ship, so real payback is longer; a falling coin price stretches it further, a rally shortens it. On a network this small, a few extra machines also push difficulty up fast.

How much PPC does one miner make per day?

The Bitmain Antminer S23 Hyd 3U, at 1.16 PH/s, mines about 145.3 PPC a day today, worth $61.13. That is 14% of the network's 8.1 PH/s. The whole network mints about 1,198 PPC a day ($504.16), and every miner earns its share of hashrate. With one machine that big a slice, every machine added lowers what the others earn: this network can only absorb a handful.

Should I mine Peercoin solo or in a pool?

On its own, one Bitmain Antminer S23 Hyd 3U would find a Peercoin block about once every 5 hours on average, and luck can stretch that a long way. With blocks this frequent, even a single machine gets regular rewards; pools still smooth the payouts. FPPS and PPS+ pools pay a fixed amount per share (fees often 2-4%), PPLNS pools pay out only when the pool finds a block (often 0-2%, but lumpier).

How do Peercoin's block rewards and supply work?

Right now each block pays about 37.4 PPC including fees, with a block every 45 minutes on average, about 1,198 PPC a day. About 30.36 million PPC exist today and there is no hard cap.

What hardware mines SHA-256, and what matters when buying?

SHA-256 (hashed twice per attempt) is the most competitive mining market there is, and only ASICs have counted since 2013. The main makers are Bitmain (Antminer), MicroBT (WhatsMiner), Canaan (Avalon) and Bitdeer (SealMiner). Air-cooled units are loud (around 75 dB) and need a lot of airflow; hydro (water-cooled) and immersion models pack more hashrate per rack and last longer in hot climates, but need a cooling loop or tank. Most air-cooled machines run on 200-277 V, many hydro models on 380-415 V three-phase. The same machines mine Bitcoin, Bitcoin Cash, eCash, Fractal Bitcoin, Peercoin and the SHA-256 sides of DigiByte and Quai: switching is just a pool change. We track 248 SHA-256 machines; judge them by J/TH (efficiency) against your power price, then by price per TH, cooling type and the warranty and repair options where you will run them.

Can I run a whole mining site on Peercoin?

Not on its own. Peercoin's whole network is about 8.1 PH/s, and one megawatt of Bitmain Antminer S23 Hyd 3U units would add 104 PH/s, several times the network. Difficulty would jump and the earnings shown here would melt away. Large sites point their machines at the biggest coin for the algorithm and treat small coins like Peercoin as a side bet for a few units.

How do I start mining Peercoin?

Pick a machine for your power price (see the table above), then sort out power and cooling: most ASICs need 200-277 V at 10-30 A each, hydro models usually 380-415 V three-phase and a cooling loop, and air-cooled units are too loud for a home. Set up a Peercoin wallet, point the machine at a pool, and watch temperatures in the first days. If you don't have cheap power and space, hosting is the usual route: a host runs the machine for an all-in price per kWh. CryptoSites.io lists both powered sites and hosting.

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