Not exactly a Bitcoin question but it's about mining.
I wanted to step into crypto mining, but on a rather low budget. Unfortunately, it is hard to start with Bitcoin when you have a low budget, so I thought about going into Litecoin mining.
I looked up the current exchange rate, the current difficulty and found an affordable S5 Miner with 1155GH for about 250Euro. To calculate the expected reward I used the bitcoinwisdom.com calculator, who told me, with the current exchange rate and difficulty I could mine 46340USD a day, the calculator at litecoinpool.org said it's 23753.54USD a day.
Even though those number are completely different, I cannot trust any of them. What am I calculating wrong?
Thanks in advance!