# Solo Mining Bitaxe NerdOctaxe on Peercoin (PPC)

Machine-readable solo mining datasheet for running **Bitaxe NerdOctaxe** on the **Peercoin (PPC)** SHA-256 network. Evaluates hashrate output, electrical operational expenditure, Poisson block-finding probabilities, and mining economics tracked by BackPoW.

## Executive Summary

- Target Rig: Bitaxe NerdOctaxe (ASIC)
- Target Network: Peercoin (PPC) — Algorithm: SHA-256
- Rig Hashrate: 9.61 TH/s (9.613440e+12 H/s)
- Power Consumption: 150 W (3.60 kWh/day)
- Energy Efficiency: 15.60 J/TH
- Network Hashrate: 9.52 PH/s (9.515717e+15 H/s)
- Network Hash Share: 1.010270e-03 (0.101027%)
- Expected Block Discovery: about 11.8 blocks per year (mean time: ~30.9 days)
- Operational Breakeven Electricity: 0.1124 USD/kWh

## Solo Mining Metrics Table

| Metric | Value | Unit | Description |
| --- | --- | --- | --- |
| Mining Device | Bitaxe NerdOctaxe | text | Hardware model name |
| Device Class | ASIC | text | ASIC, GPU, or CPU architecture |
| Device Hashrate | 9.61 TH/s | H/s | Nominal hashrate on SHA-256 |
| Device Power Draw | 150 | Watts | Power consumption at wall |
| Energy Efficiency | 15.60 J/TH | unit | Energy per unit hash computation |
| Network Hashrate | 9.52 PH/s | H/s | Total active network hash power |
| Network Difficulty | 5,241M | number | Current consensus target difficulty |
| Block Time (Observed) | 2700.0 | seconds | Average interval between blocks |
| Block Reward | 37.1600 | PPC | Full coinbase block reward + fees |
| Coin Spot Price | 0.3367 | USD | Current market exchange rate |
| Single Block Value | 12.51 | USD | Gross fiat value of one block |
| Mean Time to Block | 30.9 days | time | T = (Nethash / Hashrate) * BlockTime |
| Daily Block Probability | 3.18% | percent | 24-hour Poisson chance |
| Monthly Block Probability | 62.09% | percent | 30-day Poisson chance |
| 1-Year Block Probability | 99.99% | percent | 365-day Poisson chance |
| 3-Year Block Probability | 99.99% | percent | 3-year cumulative chance |
| Expected Blocks / Year | 11.8080 | count | Average over 365.25 days |
| Daily Gross Output | 1.201332 | PPC | Expected daily coin yield |
| Daily Gross Value | 0.40 | USD | Revenue before power costs |
| Daily Energy Consumed | 3.60 | kWh/day | Kilowatt-hours consumed |
| Power Cost @ 0.05 USD/kWh | 0.18 | USD/day | Low industrial tariff |
| Power Cost @ 0.08 USD/kWh | 0.29 | USD/day | Standard mining tariff |
| Power Cost @ 0.10 USD/kWh | 0.36 | USD/day | Residential tariff |
| Breakeven Electricity | 0.1124 | USD/kWh | Max rate before loss |
| Hardware Price | 347 / 395 / 410 USD | USD | Market range (min / med / max) |

## Poisson Block Discovery Model & Variance

Solo mining block discovery follows a memoryless Poisson process where every hash attempt has an identical, independent success probability.

- Formula: `P(X >= 1) = 1 - exp(-t / T)`
- `t` is mining duration in seconds
- `T` is mean time between blocks: `T = (Network Hashrate / Miner Hashrate) * Block Time`

Luck percentile table (reference electricity rate 0.08 USD/kWh):

| Luck Scenario | Percentile | Duration | Power (kWh) | Cost @ 0.08 |
| --- | --- | --- | --- | --- |
| 10% Lucky Hit | 10th | 3.3 days | 11.7 | 0.94 USD |
| 50% Median | 50th | 21.4 days | 77.2 | 6.17 USD |
| 90% Bad Luck | 90th | 71.2 days | 256.4 | 20.51 USD |
| 95% Extreme Drought | 95th | 92.7 days | 333.6 | 26.69 USD |

## Hardware Benchmark Profile

- Device: Bitaxe NerdOctaxe
- Slug: bitaxe-nerdoctaxe
- Architecture: ASIC
- Algorithm: SHA-256
- Hashrate: 9.61 TH/s
- Power: 150 W
- Efficiency: 15.60 J/TH
- Market Cost: 347 / 395 / 410 USD

## Blockchain Network Overview

- Blockchain: Peercoin (PPC)
- Consensus: SHA-256
- Network Hashrate: 9.52 PH/s (9.515717e+15 H/s)
- Difficulty: 5,241M
- Block Time: 2700.0 seconds
- Block Reward: 37.1600 PPC (approx 12.51 USD)
- Spot Price: 0.3367 USD
- Cost of Production (Flagship): 0.17 USD (Bitmain Antminer S23 XP Hyd)

## Tracked Solo Mining Pools

Solo pools for Peercoin (PPC) routing 100% of block rewards to the miner address:

| Pool Name | Fee | Link | Low Hashrate |
| --- | --- | --- | --- |
| grandpool.io | 0.01% | [grandpool.io](https://grandpool.io/pools/peercoin) | No |
| solopool.eu | 0.5% | [solopool.eu](https://solopool.eu) | No |
| mining-dutch.nl | 1% | [mining-dutch.nl](https://www.mining-dutch.nl/pools/peercoin.php) | No |
| fenixpool.com | 1% | [fenixpool.com](https://fenixpool.com/pools/mps-ppcshasolo) | No |
| blockforgepool.com | 1% | [blockforgepool.com](https://blockforgepool.com) | No |
| cyberpool.pro | 1% | [cyberpool.pro](https://cyberpool.pro) | No |
| solopool.site | 2% | [solopool.site](https://solopool.site) | No |
| amkira.network | 0.5% | [amkira.network](https://amkira.network/pools/peercoin-solo) | Yes |
| hitablock.com | 1% | [hitablock.com](https://hitablock.com) | Yes |
| bowserlab.ddns.net | 1% | [bowserlab.ddns.net](https://bowserlab.ddns.net) | Yes |

## Machine-Readable JSON Summary

```json
{
  "coin_id": "Peercoin",
  "coin_name": "Peercoin",
  "ticker": "PPC",
  "algorithm": "SHA-256",
  "hardware_name": "Bitaxe NerdOctaxe",
  "hardware_slug": "bitaxe-nerdoctaxe",
  "hardware_type": "ASIC",
  "miner_hashrate_h_s": 9613440000000.0,
  "power_watts": 150.0,
  "efficiency": "15.60 J/TH",
  "network_hashrate_h_s": 9515716948849498.0,
  "difficulty": "5,241M",
  "block_time_seconds": 2700.0,
  "block_reward_coins": 37.16,
  "spot_price_usd": 0.336678,
  "single_block_value_usd": 12.510954479999999,
  "mean_time_to_block_seconds": 2672553.816520792,
  "daily_block_probability": 0.03181164468226527,
  "monthly_block_probability": 0.62086345465567,
  "yearly_block_probability": 0.9999925554745202,
  "expected_blocks_per_year": 11.808031630615618,
  "daily_gross_usd": 0.40446200199598126,
  "daily_kwh": 3.5999999999999996,
  "breakeven_electricity_usd_per_kwh": 0.11235055610999481,
  "hardware_price_usd": {
    "min": 347.0,
    "median": 395.0,
    "max": 410.0
  },
  "retrieved_utc": "2026-10-07T20:25:28Z"
}
```

## Provenance & Integration Links

- Retrieved: 2026-10-07T20:25:28Z
- Canonical HTML page: https://backpow.com/Peercoin/bitaxe-nerdoctaxe
- Coin datasheet: https://backpow.com/Peercoin.md
- Hardware datasheet: https://backpow.com/hardware/bitaxe-nerdoctaxe.md
- Solo pools directory: https://backpow.com/solo-pools.md
- Live queries over MCP: https://mcp.backpow.com/mcp (tools `calculate_solo_mining_odds`, `get_hardware_benchmarks`)
- Licence: CC BY 4.0 — https://backpow.com/llms.txt