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Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner (Read 284878 times)

sr. member
Activity: 346
Merit: 260


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

What kind of 'hardware mod' are you talking about?

TIA

Yes please elaborate on the hardware mod for lower wattage as never heard of this option before and willing to play around with a unit and try it out?

Cheers

im guessing he took off the circuit responsible for the software voltage adjustment and added an adjustable resistor that goes to a lower value.


Correct, You need to replace this resistor, sorry for quality but its old pic i had somewhere dont have any better


Thanks for the info will look into it, did you replace with a specific value or variable? Still would be able to adjust via the voltage mod to a higher value as all mine are set to FE (lowest) and no hardware errors.
I will check the current value of R810 and drop it back maybe 10%
full member
Activity: 195
Merit: 104


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

What kind of 'hardware mod' are you talking about?

TIA

Yes please elaborate on the hardware mod for lower wattage as never heard of this option before and willing to play around with a unit and try it out?

Cheers

im guessing he took off the circuit responsible for the software voltage adjustment and added an adjustable resistor that goes to a lower value.


Correct, You need to replace this resistor, sorry for quality but its old pic i had somewhere dont have any better
legendary
Activity: 1736
Merit: 1006


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

What kind of 'hardware mod' are you talking about?

TIA

Yes please elaborate on the hardware mod for lower wattage as never heard of this option before and willing to play around with a unit and try it out?

Cheers

im guessing he took off the circuit responsible for the software voltage adjustment and added an adjustable resistor that goes to a lower value.

sr. member
Activity: 346
Merit: 260


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

What kind of 'hardware mod' are you talking about?

TIA

Yes please elaborate on the hardware mod for lower wattage as never heard of this option before and willing to play around with a unit and try it out?

Cheers
copper member
Activity: 2898
Merit: 1465
Clueless!
Why would You even bring 800W usage up and calculate such? For loong time L3+ on stock speed draws 650W down to even 550W with software and hardware mods. Period.

Ok ..I'll take that bet.

www.litecoinpool.org/calc a free LTC pool pays out 105% currently.

Lets call it 650 watts at say 425mh...does that sound fair?

You get this: A loss of -49c a day vs the previous -66c a day in my previous post.

                                      Profitability Analysis
          Expected Rewards      Costs            Net                        Profit
24 hours   0.01715103 LTC   1.07 USD           1.56 USD            -0.49 USD
7 days   0.12005724 LTC   7.49 USD         10.92 USD            -3.43 USD
30 days   0.51453104 LTC   32.08 USD       46.80 USD          -14.72 USD


The main thing to take away from the previous post, IMHO, is the 60% decline in difficulty and the still low price. IF say price hits $100 an LTC even, it is

my view you still would be losing say -50c a  day on this whole endeavor as tht Bitmain L3+'s wane in and out.  Only with a lot over $100, say $150 and difficulty

finally putting full miner capitulation into this massive amount of Bitmain L3+'s in the world as not being able to mine, will you then be able to see price and the

halving results for new miners. Until then it is gonna yo/yo the next 2-3 months, not amounting to much more, again, IMHO than the current say at least -50c a day

loss on mining these beasties. They still want like $2k and $3k for the Innsiliocon scrypt miner models that make $2 and $3 a day respectively..so no hope in mining

from that direction. Gonna be a muddied mess for a while or at best, if  your electric is cheap enough and you have already ROI'd on equipment, MAYBE you can swap

electric for coin even up for awhile. Maybe even use the heat if you are in Winter parts of the world. But until all the Bitmain L3+ units, again, I'd guess 60% of all

scrypt miners, stumble off the mining field, miners are gonna sell LTC they mine to break even at best and it is gonna be a muddied mess price/difficulty and on any

choice by consumers on miners and any real excitement by ASIC makers to pursue new equipment. As an aside, this will also come  to pass, likely about the same time,

with all the models of Bitmain S9's of many flavors. The same thing, they account, again IMHO, for 60% of all sha-256 miners and they need to leave the field as well

for the BTC market to also steady out mining/price and difficulty wise. So gonna be tough to mine in any manner for the next 2-3 months IMHO past your electric use,

even if you have already ROI'd on a Bitmain L3+. Of course, a huge price pump to $150 for LTC could make this all moot, but not counting on it. Smiley

Brad


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

Big whoop. Bitmain L3+ units are all gonna dump off to the side, due to miner capitulation for the new product in the next 3 months anyway, even if the price goes up for LTC over $100

an LTC. That is just the way mining works. The difference today is the large percentage of units that are NOW the majority of hash for scrypt-pow and sha-256 mining. The Bitmain L3+

for scrypt-pow and the Bitmain S9 for sha-256. I estimate more than 60% of the ASIC equipment on both networks are these too models. Thus when they go 'poof' it will be in a big way.

Either it will help price. (difficulty dumps) or it will kill price (all those miners not hodl'ing LTC and BTC from their mining efforts)

I guess we will see

using your figures above I can't get. The best I can get with the latest mods (stable) is 450mh at 650 watts...but we will use your numbers. you get -28c per day.

Using my numbers at 10c kWh above I get at best: -41c per day at the previous posts, I think it was $65.35 LTC?

Anyway, it is all moot. The equipment I mention above can only yo/yo so long on off/on the network and can only drift back into the network, again yo/yo in out or trickle back

if the price of LTC gets above $100 USD again. Otherwise, eventually folk will be tired of running these units at a loss. Or hell, at least the big boys. 10 L3+ units would lose at

best with your figures -$2.80 a day...so eventually, it will trickle down to those Bitmain units for heating the basement (1 or 2 units at best).

But going from the past (from 2013 onward) what usually happens is for months, (note: Innsolicoin A2's back in the day) at best with a price rise of LTC or scypt-pow you just

mine for 2-3 months at the same loss as the price of LTC goes up and your equipment gets more useless for the prospect at mining. That may not be a bad thing if you held back

in the day those extra 2-3 months with today's prices, but gets damn old at data hall use, when it reaches the point for 2-3 months of just swapping electric for LTC direct.

Eventually, stuff goes off. But again, that will be a pretty big dump at 60% ofr equipment fading out in more or less 2-3 months, much worse for LTC if the price is sideways, same

as now if the price goes up to over $100 vs difficulty etc. Anyway, not seeing a lot in the wings that makes sense. Innsolicon units make $2 a day or some such profit and the

2 models available are $2k and $3k respectively without shipping and Trump Tax/Import Tax at 27.6%. So either these miners going off won't affect price so much for the

equipment and such difficulty and price/coin output when they wander off the network. Or such a dump of equipment and lack of miners HODL'ing LTC will cause another

dump in price. Chump or Champ we will be the first to know. But different from the Innsilcoin A2's dumping off because KNC Titans and other ASIC's replaced such, back in

the day. Now, don't see anything much.  Anyway, just know that at 10c kWh it is very unlikely my L3+'s will ever be turned back on in the future at the data hall. I'd need

quite the price miracle for that to happen. Good luck to those with say 8c kWh electric and the Innsolicon equipment, you might not ROI at the equipment purchased that

is newer..but hell, at least you'll be mining and hopefully HODL'ing as your hedge on all this. I look like I'm out for good. At least with my Bitmain L3+'s in mass. Sad

Brad




legendary
Activity: 1612
Merit: 1608
精神分析的爸


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

What kind of 'hardware mod' are you talking about?

TIA
full member
Activity: 195
Merit: 104
Why would You even bring 800W usage up and calculate such? For loong time L3+ on stock speed draws 650W down to even 550W with software and hardware mods. Period.

Ok ..I'll take that bet.

www.litecoinpool.org/calc a free LTC pool pays out 105% currently.

Lets call it 650 watts at say 425mh...does that sound fair?

You get this: A loss of -49c a day vs the previous -66c a day in my previous post.

                                      Profitability Analysis
          Expected Rewards      Costs            Net                        Profit
24 hours   0.01715103 LTC   1.07 USD           1.56 USD            -0.49 USD
7 days   0.12005724 LTC   7.49 USD         10.92 USD            -3.43 USD
30 days   0.51453104 LTC   32.08 USD       46.80 USD          -14.72 USD


The main thing to take away from the previous post, IMHO, is the 60% decline in difficulty and the still low price. IF say price hits $100 an LTC even, it is

my view you still would be losing say -50c a  day on this whole endeavor as tht Bitmain L3+'s wane in and out.  Only with a lot over $100, say $150 and difficulty

finally putting full miner capitulation into this massive amount of Bitmain L3+'s in the world as not being able to mine, will you then be able to see price and the

halving results for new miners. Until then it is gonna yo/yo the next 2-3 months, not amounting to much more, again, IMHO than the current say at least -50c a day

loss on mining these beasties. They still want like $2k and $3k for the Innsiliocon scrypt miner models that make $2 and $3 a day respectively..so no hope in mining

from that direction. Gonna be a muddied mess for a while or at best, if  your electric is cheap enough and you have already ROI'd on equipment, MAYBE you can swap

electric for coin even up for awhile. Maybe even use the heat if you are in Winter parts of the world. But until all the Bitmain L3+ units, again, I'd guess 60% of all

scrypt miners, stumble off the mining field, miners are gonna sell LTC they mine to break even at best and it is gonna be a muddied mess price/difficulty and on any

choice by consumers on miners and any real excitement by ASIC makers to pursue new equipment. As an aside, this will also come  to pass, likely about the same time,

with all the models of Bitmain S9's of many flavors. The same thing, they account, again IMHO, for 60% of all sha-256 miners and they need to leave the field as well

for the BTC market to also steady out mining/price and difficulty wise. So gonna be tough to mine in any manner for the next 2-3 months IMHO past your electric use,

even if you have already ROI'd on a Bitmain L3+. Of course, a huge price pump to $150 for LTC could make this all moot, but not counting on it. Smiley

Brad


No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod
copper member
Activity: 2898
Merit: 1465
Clueless!
Why would You even bring 800W usage up and calculate such? For loong time L3+ on stock speed draws 650W down to even 550W with software and hardware mods. Period.

Ok ..I'll take that bet.

www.litecoinpool.org/calc a free LTC pool pays out 105% currently.

Lets call it 650 watts at say 425mh...does that sound fair?

You get this: A loss of -49c a day vs the previous -66c a day in my previous post.

                                      Profitability Analysis
          Expected Rewards      Costs            Net                        Profit
24 hours   0.01715103 LTC   1.07 USD           1.56 USD            -0.49 USD
7 days   0.12005724 LTC   7.49 USD         10.92 USD            -3.43 USD
30 days   0.51453104 LTC   32.08 USD       46.80 USD          -14.72 USD


The main thing to take away from the previous post, IMHO, is the 60% decline in difficulty and the still low price. IF say price hits $100 an LTC even, it is

my view you still would be losing say -50c a  day on this whole endeavor as tht Bitmain L3+'s wane in and out.  Only with a lot over $100, say $150 and difficulty

finally putting full miner capitulation into this massive amount of Bitmain L3+'s in the world as not being able to mine, will you then be able to see price and the

halving results for new miners. Until then it is gonna yo/yo the next 2-3 months, not amounting to much more, again, IMHO than the current say at least -50c a day

loss on mining these beasties. They still want like $2k and $3k for the Innsiliocon scrypt miner models that make $2 and $3 a day respectively..so no hope in mining

from that direction. Gonna be a muddied mess for a while or at best, if  your electric is cheap enough and you have already ROI'd on equipment, MAYBE you can swap

electric for coin even up for awhile. Maybe even use the heat if you are in Winter parts of the world. But until all the Bitmain L3+ units, again, I'd guess 60% of all

scrypt miners, stumble off the mining field, miners are gonna sell LTC they mine to break even at best and it is gonna be a muddied mess price/difficulty and on any

choice by consumers on miners and any real excitement by ASIC makers to pursue new equipment. As an aside, this will also come  to pass, likely about the same time,

with all the models of Bitmain S9's of many flavors. The same thing, they account, again IMHO, for 60% of all sha-256 miners and they need to leave the field as well

for the BTC market to also steady out mining/price and difficulty wise. So gonna be tough to mine in any manner for the next 2-3 months IMHO past your electric use,

even if you have already ROI'd on a Bitmain L3+. Of course, a huge price pump to $150 for LTC could make this all moot, but not counting on it. Smiley

Brad
full member
Activity: 195
Merit: 104
Why would You even bring 800W usage up and calculate such? For loong time L3+ on stock speed draws 650W down to even 550W with software and hardware mods. Period.
copper member
Activity: 2898
Merit: 1465
Clueless!
i dont think anyone is mining with L3, probably they mining with others and just buy ltc or whatever...

Well....according to the below article...the difficulty on Litecoin is down 60% in 3 months or some such.

https://beincrypto.com/litecoin-hashrate-down-60-but-mining-profitability-stabilizing

www.litecoinpool.org/calc

This is a stock 500mh 800 watt Bitmain L3+ at $62.35 LTC price and at 10c kWh. Shows a loss of -66c per day!

This is from www.litecoinpool.org/calc a free LTC pool that pays at 105%!


           Expected                     Rewards        Costs        Net Profit
24 hours   0.02017769 LTC   1.26 USD   1.92 USD        -0.66 USD     
7 days   0.14124382 LTC   8.81 USD   13.44 USD      -4.63 USD
30 days   0.60533064 LTC   37.74 USD 57.60 USD    -19.86 USD

So, the great deal of yo/yo'ing shall begin now as we creep closer and closer to break even on electricity..difficulty will go up as those (IMHO) 60% or

so of difficulty that went off the network now trickles back. Mainly, (IMHO) Bitmain L3+'s that will account for most of it.

This is gonna be ugly. So I suspect that even though the price goes up, the difficulty will also go up to a point that indeed, I would expect with stuff being turned back on

even at $100 LTC, a person likely would still be losing at least -50c per day mining Litecoin. At least at a 10c kWh price frame.

I think it is gonna take more than a few months for all this to shake out to where the difficulty of LTC and the price have finally shaken out the 60% (or more) of

Bitmain L3+'s as unprofitable. So until there is complete miner capitulation on these units, Litecoin price and mining are gonna be in for a rough time yet.

Indeed $100 USD LTC now would give a profit of 10c per day, not accounting for the rise in difficulty from this mass of Bitmain L3+ units coming back on as

difficulty goes up again. We'd need something like $150 Litecoin at least IMHO, to prove my guesses above wrong. (Well, a guy can hope anyway) Smiley

Price and Difficulty are gonna slam themselves back and forth over these units' demise for at least a couple more months. Again, IMHO.

later

Brad
jr. member
Activity: 504
Merit: 1
i dont think anyone is mining with L3, probably they mining with others and just buy ltc or whatever...
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
The current state of the Bitmain L3+ in the current ASIC and CRYPTO Universe.

Now
----

9/27/19 from www.litecoinpool.org/calc a free LTC mining pool that has NO fee and pays out at 103%.

At 500mh and 800 watts at 10c kWh and at the current price of $55 per LTC. (This would be a bit better if you underclocked the L3+ units).

Comes to: (see below) NEGATIVE -$37.90 LOSS per month per L3+.

24 hours   0.01194157 LTC   0.66 USD   1.92 USD   -1.26 USD
7 days   0.08359097 LTC   4.60 USD   13.44 USD   -8.84 USD
30 days   0.35824702 LTC   19.70 USD   57.60 USD   -37.90 USD

Future
------

Again, using www.litecoinpool.org/calc as a guide. (Feel free to put in your own numbers on this calculator for LTC price/electric/underclock or whatever).

To make a profit using the same info as above and current difficulty and adjusting the price to that you at least break even would require

that LTC be at $161.00 LTC  price. (Also remember if at that price difficulty would also go up likely with all L3+'s turned back on...but I'm using the same difficulty as today)

Again, 500mh 800 watts at 10c kWh at the current price of $161 per LTC. (This again would be better if you managed to underclock the L3+ units).

Comes to: (see below) POSITIVE 8c profit GAIN per month per L3+.

   Expected Rewards   Costs   Net Profit
24 hours   0.01194157 LTC   1.92 USD   1.92 USD   0.00 USD
7 days   0.08359097 LTC   13.46 USD   13.44 USD   0.02 USD
30 days   0.35824702 LTC   57.68 USD   57.60 USD   0.08 USD

So from what I can tell you'd need $200 LTC almost immediately to even turn the L3+ units back on, due to the increase in hash-rate of everyone turning these

L3+ beasties back on. (Including my stuff).

So basically we are utterly screwed. And 'triply" so at $55 LTC prices. The boat has sunk. We need 3x the current price to basically make about 8c per L3+ per month!

All L3+'s have sunk. They, also are about IMHO 65% to75% of all scrypt-pow miners in the world, from what I can tell from Bitmain.

Complete and utter, as they say, 'miner capitulation' indeed. As an aside, this is pretty much the same issue as far as percentage of miners and price for Bitmain BTC miners the S9's.

So use your miners for 'nice' ASIC 'shelf art', in that as of now, that is all they are good for. Novelty shelf art indeed. Sad

Brad





Remember winter is coming, great space heaters.  Point them at TBDice and heat your basement and let them play the lottery!!

the l3+ doesnt put out enough heat to heat a room.. maybe a small shed, or closet to keep the mold out.

And unless you have really cheap electric these are expensive heaters.  Also the L3+s are decently loud, so if you are trying to heat a living space that would annoy the hell out of me all day lol.  I was always interested in peoples set ups where they have the heat ported from a non living space into their home. 

I have 2 S9k's in the basement, in the winter I keep all the vents closed and it keeps it nice and toasty!!
legendary
Activity: 3752
Merit: 1415
The current state of the Bitmain L3+ in the current ASIC and CRYPTO Universe.

Now
----

9/27/19 from www.litecoinpool.org/calc a free LTC mining pool that has NO fee and pays out at 103%.

At 500mh and 800 watts at 10c kWh and at the current price of $55 per LTC. (This would be a bit better if you underclocked the L3+ units).

Comes to: (see below) NEGATIVE -$37.90 LOSS per month per L3+.

24 hours   0.01194157 LTC   0.66 USD   1.92 USD   -1.26 USD
7 days   0.08359097 LTC   4.60 USD   13.44 USD   -8.84 USD
30 days   0.35824702 LTC   19.70 USD   57.60 USD   -37.90 USD

Future
------

Again, using www.litecoinpool.org/calc as a guide. (Feel free to put in your own numbers on this calculator for LTC price/electric/underclock or whatever).

To make a profit using the same info as above and current difficulty and adjusting the price to that you at least break even would require

that LTC be at $161.00 LTC  price. (Also remember if at that price difficulty would also go up likely with all L3+'s turned back on...but I'm using the same difficulty as today)

Again, 500mh 800 watts at 10c kWh at the current price of $161 per LTC. (This again would be better if you managed to underclock the L3+ units).

Comes to: (see below) POSITIVE 8c profit GAIN per month per L3+.

   Expected Rewards   Costs   Net Profit
24 hours   0.01194157 LTC   1.92 USD   1.92 USD   0.00 USD
7 days   0.08359097 LTC   13.46 USD   13.44 USD   0.02 USD
30 days   0.35824702 LTC   57.68 USD   57.60 USD   0.08 USD

So from what I can tell you'd need $200 LTC almost immediately to even turn the L3+ units back on, due to the increase in hash-rate of everyone turning these

L3+ beasties back on. (Including my stuff).

So basically we are utterly screwed. And 'triply" so at $55 LTC prices. The boat has sunk. We need 3x the current price to basically make about 8c per L3+ per month!

All L3+'s have sunk. They, also are about IMHO 65% to75% of all scrypt-pow miners in the world, from what I can tell from Bitmain.

Complete and utter, as they say, 'miner capitulation' indeed. As an aside, this is pretty much the same issue as far as percentage of miners and price for Bitmain BTC miners the S9's.

So use your miners for 'nice' ASIC 'shelf art', in that as of now, that is all they are good for. Novelty shelf art indeed. Sad

Brad





Remember winter is coming, great space heaters.  Point them at TBDice and heat your basement and let them play the lottery!!

the l3+ doesnt put out enough heat to heat a room.. maybe a small shed, or closet to keep the mold out.

And unless you have really cheap electric these are expensive heaters.  Also the L3+s are decently loud, so if you are trying to heat a living space that would annoy the hell out of me all day lol.  I was always interested in peoples set ups where they have the heat ported from a non living space into their home. 
legendary
Activity: 1736
Merit: 1006
The current state of the Bitmain L3+ in the current ASIC and CRYPTO Universe.

Now
----

9/27/19 from www.litecoinpool.org/calc a free LTC mining pool that has NO fee and pays out at 103%.

At 500mh and 800 watts at 10c kWh and at the current price of $55 per LTC. (This would be a bit better if you underclocked the L3+ units).

Comes to: (see below) NEGATIVE -$37.90 LOSS per month per L3+.

24 hours   0.01194157 LTC   0.66 USD   1.92 USD   -1.26 USD
7 days   0.08359097 LTC   4.60 USD   13.44 USD   -8.84 USD
30 days   0.35824702 LTC   19.70 USD   57.60 USD   -37.90 USD

Future
------

Again, using www.litecoinpool.org/calc as a guide. (Feel free to put in your own numbers on this calculator for LTC price/electric/underclock or whatever).

To make a profit using the same info as above and current difficulty and adjusting the price to that you at least break even would require

that LTC be at $161.00 LTC  price. (Also remember if at that price difficulty would also go up likely with all L3+'s turned back on...but I'm using the same difficulty as today)

Again, 500mh 800 watts at 10c kWh at the current price of $161 per LTC. (This again would be better if you managed to underclock the L3+ units).

Comes to: (see below) POSITIVE 8c profit GAIN per month per L3+.

   Expected Rewards   Costs   Net Profit
24 hours   0.01194157 LTC   1.92 USD   1.92 USD   0.00 USD
7 days   0.08359097 LTC   13.46 USD   13.44 USD   0.02 USD
30 days   0.35824702 LTC   57.68 USD   57.60 USD   0.08 USD

So from what I can tell you'd need $200 LTC almost immediately to even turn the L3+ units back on, due to the increase in hash-rate of everyone turning these

L3+ beasties back on. (Including my stuff).

So basically we are utterly screwed. And 'triply" so at $55 LTC prices. The boat has sunk. We need 3x the current price to basically make about 8c per L3+ per month!

All L3+'s have sunk. They, also are about IMHO 65% to75% of all scrypt-pow miners in the world, from what I can tell from Bitmain.

Complete and utter, as they say, 'miner capitulation' indeed. As an aside, this is pretty much the same issue as far as percentage of miners and price for Bitmain BTC miners the S9's.

So use your miners for 'nice' ASIC 'shelf art', in that as of now, that is all they are good for. Novelty shelf art indeed. Sad

Brad





Remember winter is coming, great space heaters.  Point them at TBDice and heat your basement and let them play the lottery!!

the l3+ doesnt put out enough heat to heat a room.. maybe a small shed, or closet to keep the mold out.
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
The current state of the Bitmain L3+ in the current ASIC and CRYPTO Universe.

Now
----

9/27/19 from www.litecoinpool.org/calc a free LTC mining pool that has NO fee and pays out at 103%.

At 500mh and 800 watts at 10c kWh and at the current price of $55 per LTC. (This would be a bit better if you underclocked the L3+ units).

Comes to: (see below) NEGATIVE -$37.90 LOSS per month per L3+.

24 hours   0.01194157 LTC   0.66 USD   1.92 USD   -1.26 USD
7 days   0.08359097 LTC   4.60 USD   13.44 USD   -8.84 USD
30 days   0.35824702 LTC   19.70 USD   57.60 USD   -37.90 USD

Future
------

Again, using www.litecoinpool.org/calc as a guide. (Feel free to put in your own numbers on this calculator for LTC price/electric/underclock or whatever).

To make a profit using the same info as above and current difficulty and adjusting the price to that you at least break even would require

that LTC be at $161.00 LTC  price. (Also remember if at that price difficulty would also go up likely with all L3+'s turned back on...but I'm using the same difficulty as today)

Again, 500mh 800 watts at 10c kWh at the current price of $161 per LTC. (This again would be better if you managed to underclock the L3+ units).

Comes to: (see below) POSITIVE 8c profit GAIN per month per L3+.

   Expected Rewards   Costs   Net Profit
24 hours   0.01194157 LTC   1.92 USD   1.92 USD   0.00 USD
7 days   0.08359097 LTC   13.46 USD   13.44 USD   0.02 USD
30 days   0.35824702 LTC   57.68 USD   57.60 USD   0.08 USD

So from what I can tell you'd need $200 LTC almost immediately to even turn the L3+ units back on, due to the increase in hash-rate of everyone turning these

L3+ beasties back on. (Including my stuff).

So basically we are utterly screwed. And 'triply" so at $55 LTC prices. The boat has sunk. We need 3x the current price to basically make about 8c per L3+ per month!

All L3+'s have sunk. They, also are about IMHO 65% to75% of all scrypt-pow miners in the world, from what I can tell from Bitmain.

Complete and utter, as they say, 'miner capitulation' indeed. As an aside, this is pretty much the same issue as far as percentage of miners and price for Bitmain BTC miners the S9's.

So use your miners for 'nice' ASIC 'shelf art', in that as of now, that is all they are good for. Novelty shelf art indeed. Sad

Brad





Remember winter is coming, great space heaters.  Point them at TBDice and heat your basement and let them play the lottery!!
copper member
Activity: 2898
Merit: 1465
Clueless!
The current state of the Bitmain L3+ in the current ASIC and CRYPTO Universe.

Now
----

9/27/19 from www.litecoinpool.org/calc a free LTC mining pool that has NO fee and pays out at 103%.

At 500mh and 800 watts at 10c kWh and at the current price of $55 per LTC. (This would be a bit better if you underclocked the L3+ units).

Comes to: (see below) NEGATIVE -$37.90 LOSS per month per L3+.

24 hours   0.01194157 LTC   0.66 USD   1.92 USD   -1.26 USD
7 days   0.08359097 LTC   4.60 USD   13.44 USD   -8.84 USD
30 days   0.35824702 LTC   19.70 USD   57.60 USD   -37.90 USD

Future
------

Again, using www.litecoinpool.org/calc as a guide. (Feel free to put in your own numbers on this calculator for LTC price/electric/underclock or whatever).

To make a profit using the same info as above and current difficulty and adjusting the price to that you at least break even would require

that LTC be at $161.00 LTC  price. (Also remember if at that price difficulty would also go up likely with all L3+'s turned back on...but I'm using the same difficulty as today)

Again, 500mh 800 watts at 10c kWh at the current price of $161 per LTC. (This again would be better if you managed to underclock the L3+ units).

Comes to: (see below) POSITIVE 8c profit GAIN per month per L3+.

   Expected Rewards   Costs   Net Profit
24 hours   0.01194157 LTC   1.92 USD   1.92 USD   0.00 USD
7 days   0.08359097 LTC   13.46 USD   13.44 USD   0.02 USD
30 days   0.35824702 LTC   57.68 USD   57.60 USD   0.08 USD

So from what I can tell you'd need $200 LTC almost immediately to even turn the L3+ units back on, due to the increase in hash-rate of everyone turning these

L3+ beasties back on. (Including my stuff).

So basically we are utterly screwed. And 'triply" so at $55 LTC prices. The boat has sunk. We need 3x the current price to basically make about 8c per L3+ per month!

All L3+'s have sunk. They, also are about IMHO 65% to75% of all scrypt-pow miners in the world, from what I can tell from Bitmain.

Complete and utter, as they say, 'miner capitulation' indeed. As an aside, this is pretty much the same issue as far as percentage of miners and price for Bitmain BTC miners the S9's.

So use your miners for 'nice' ASIC 'shelf art', in that as of now, that is all they are good for. Novelty shelf art indeed. Sad

Brad



legendary
Activity: 986
Merit: 1001
$52 Usd, each L3+ now   Cry

i pay $2400 for each one and Roi still a dream
I know someone who had invested in this since 2017 and not sure he has covered the purchase fee and being that the power source here is erratic, he got fed up and would have made more if had just used same fund to invest in a coin

I bet he doesnt recover even the original investment, i bought this miners in 2017 too, i pay almost 1 btc per each miner, plus the power supply and around 300 usd for shipping each miner, my 40k usd in that time,
now not even worth 1k usd, i should keep my 20 btc i spend in that time and could be make 400k just for holding that 20 btc till end of 2017, but well, the miners still work but doesnt worth the risk, the noise and
the money you lose for having the miners keep running.

Good equipments but sad the money we lose for our initiative.
copper member
Activity: 294
Merit: 1
$52 Usd, each L3+ now   Cry

i pay $2400 for each one and Roi still a dream
I know someone who had invested in this since 2017 and not sure he has covered the purchase fee and being that the power source here is erratic, he got fed up and would have made more if had just used same fund to invest in a coin
newbie
Activity: 2
Merit: 0
I have send coin in pm. This coin brings 2xltc earnings for last two years

Can you PM me?

Thanks a lot
legendary
Activity: 3136
Merit: 3213
~~~~~

First you should learn how to use the quote function when you doing that !  Wink

At the moment you can do the same nearly when you point your miner to Nicehash .
Why you dont write what coin you mean if there is a such profit on the coin per day   Cheesy Cheesy  ?
The question about that is , is it stable for weeks or days at this value how you saying or is it just an value for one day or was it just pumped by some kind of pump group ?
Would be nice to hear that because you just waked the interest on your 3 $ Coin per day now .
I have no problem if you doing that in a few days or an week too , just want to know if your Information was right and all ! 
You can also pm me about that , and dont worry i dont want to mine your coin , i just want to know if that is right what you are talking !
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