Quick Solutions to Your Queries
PetaRigs offers different services / products that would enable clients to profit from their investment through involvement in cryptocurrency mining.
Mining performance refers to the efficiency and effectiveness of a mining operation in terms of how much cryptocurrency it can mine within a given period. It’s an important metric because it directly impacts profitability, considering factors like the hardware used, energy consumption, and mining difficulty. Mining yourself or solo mining is less profitable due to increased difficulty and competition, high upfront costs for hardware, ongoing electricity costs and the dominance of large mining farms.
For most individual miners today, joining a mining operation or mining pool is a more viable option where you combine resources with others, reducing the variance in earnings and improving your chances of consistently earning rewards.
Our mining farm is located in the state of Sarawak in Malaysia where the electricity tariff is one of the lowest in the South East Asia region.
We are currently using ViaBTC.
We are using script algorithm on our ASIC machines and therefore are able to mine 7 different coins that are LTC, Dogecoin, BELLS, LKY, PEP, JKC and DINGO.
The expected returns varies depending on the products we offer. Annual yield is expected to be between 20% and 40% annually and this highly correlates with the current coin prices in the market.
Maintenance fee or hosting fee is costs associated with running and maintaining a mining operation or a mining service.
Clients receive their mining returns in the form of coins generated by the machines through the service they subscribed. The coins are generated on a daily basis and transferred directly to their wallet that they provide during registration of their account. Depending on the service they choose, clients may withdraw at their own pleasure or on a monthly basis.
We do not allow withdrawal but we provide internal platform to match interested parties to take up your lease/rental based on willing buyer willing seller basis.
The loss of the upfront cost will depend on the coin prices. We ensure that our product prices will remain attractive to clients and our breakeven coin price is one of the world’s lowest so that the chances of you losing your initial investment completely is small.