Hello all,
I'm looking for information about crypto mining. I am located in France. I have the advantage of paying 0.0051/kWh, so I think it could be profitable. I have a budget of around €3,000. I already have three-phase power.
Can you advise me if which altcoins will be interressting for me ? I don't know much about it, but the dual mining aspect of dogecoin/litecoin really appealed to me.
Hardware-wise, is it better to buy an ASICS at the risk of being limited on the cryptos I can mine, or is it better to go for a rig?
Thanks in advance for your advice.
You're electricity is cheap so mining can be really be worth it. You can go with dual mining litecoin and dogecoin. Two coins, one machine, same power.
You can also try hosting with electricity cost of $0.043/kwh if it is cheaper for you than mining at home. No noise, no heat and they set it up for you.
With your budget, you can check this mining calculator
asicprofit.com to see what gives you best rewards.
Goodluck!