Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner - page 13.

Quote from: Sandal_Hat on May 11, 2018, 05:27:58 PM

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

We cannot force people to stop buying roster from bitmain, some people out there have different mindset from ours
Also bitmain will keep "playing" with the unit price

There is no shortcut for income, and mining with asic is a very very risky business especially for small miner

Of course, I am also crying on a first world problem lol My miners are from Batch 2/3 from last year. They paid off in crypto long time ago, but whatever mindset people have, even in the last 2 weeks or 4 weeks, calculators were showing 1year + ROI or something. Who would buy if you risk running over MC=MR

I doubt people with enough money to buy big are that careless with their moeny Cheesy

From what I notice, people dont make rational choices when it comes to mining. Not sure why. If I knew this long ago, I would not have purchased anything from around october onwards last year.

BenRickert

full member

Activity: 420

Merit: 110

Quote from: BenRickert on May 11, 2018, 11:32:34 AM

Quote from: Sandal_Hat on May 11, 2018, 09:40:18 AM

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Quote from: thiec on May 11, 2018, 11:03:34 PM

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

It is just lower priced miners. This creates huge sales of miners and major difficulty increase. I mention this a number of pages back already. My worry is that L3+ is on 28nm. If a l4+ 16m appears, it will wipe out the L3+ because it should be 3 times stronger. I hope they dont appear as there is no real viable competitor to L3+. Innosilicons is only 20% more efficient but cost too much more and is already on 14/16nm. So, the L3+ leads the market.

ALL evidence suggests that not only is the "L4 a reality, but it is already hashing away in China on a large scale. The S11 as well. Folks better wake up. It's not like Bitmain didn't severely telegraph this upcoming release of new tech.

What evidence?

As Albortz previously stated, massive difficulty spikes of late. Not very feasible that those are being driven by massive sales of legacy miners eg; L3+ L3++ S9 etc etc. Also, why do you guess ALL of the Bitmain coupons expire by end of June? Why do you guess they have been firesale'ing legacy technology. My guess is clearing the shelves of legacy inventory to squeeze every last drop out of the last amazing run they've had. To make room for the next one. July or August will be the announcements.

Albortz

sr. member

Activity: 420

Merit: 250

Tax Attorney - Investor - Entrepreneur

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

We cannot force people to stop buying roster from bitmain, some people out there have different mindset from ours
Also bitmain will keep "playing" with the unit price

There is no shortcut for income, and mining with asic is a very very risky business especially for small miner

Of course, I am also crying on a first world problem lol My miners are from Batch 2/3 from last year. They paid off in crypto long time ago, but whatever mindset people have, even in the last 2 weeks or 4 weeks, calculators were showing 1year + ROI or something. Who would buy if you risk running over MC=MR

I doubt people with enough money to buy big are that careless with their moeny Cheesy

thiec

hero member

Activity: 854

Merit: 502

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

We cannot force people to stop buying roster from bitmain, some people out there have different mindset from ours
Also bitmain will keep "playing" with the unit price

There is no shortcut for income, and mining with asic is a very very risky business especially for small miner

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: BenRickert on May 11, 2018, 11:32:34 AM

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

I'm at 77c profit per day on ONE L3+..after electric. Living the dream! FML. I think LTC difficulty went up last month 31%... see www.bitcoinwisdom.com the LTC table/chart area...so

what fun will we have for the month of June 2018, IF the price goes sideways and we take say a 30% hit at the other side of the face with difficulty.....dare I say then 52c per day an L3+?

Ah well, now maybe I should be preparing mentally to 'panic sell' some LTC (and BTC)? ...I suppose if I sell enough...and throw $$$ a the problem...

...that MAY get me over my 'funk' on the BTC and ALT prices dumping...I heard, conspicuous consumption will solve all your problems in the USA? Right?

Good thing we are not under any stre...stre....stress..because money means nothing to us..right? Iron Will and all that...(sorry, off to sob in a corner for a few...) Sad

Sandal_Hat

full member

Activity: 462

Merit: 118

Quote from: Sandal_Hat on May 11, 2018, 09:40:18 AM

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

It is just lower priced miners. This creates huge sales of miners and major difficulty increase. I mention this a number of pages back already. My worry is that L3+ is on 28nm. If a l4+ 16m appears, it will wipe out the L3+ because it should be 3 times stronger. I hope they dont appear as there is no real viable competitor to L3+. Innosilicons is only 20% more efficient but cost too much more and is already on 14/16nm. So, the L3+ leads the market.

ALL evidence suggests that not only is the "L4 a reality, but it is already hashing away in China on a large scale. The S11 as well. Folks better wake up. It's not like Bitmain didn't severely telegraph this upcoming release of new tech.

What evidence?

Sandal_Hat

full member

Activity: 462

Merit: 118

Quote from: BenRickert on May 11, 2018, 11:32:34 AM

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

Difficulty always rises, even if coin dont rise, coin stagnates or falls lol.

Albortz

sr. member

Activity: 420

Merit: 250

Tax Attorney - Investor - Entrepreneur

And my Miners are officially not profitable anymore Cheesy

-21 cents per day on 4 machines. Let see what the next weeks bring, maybe I turn them off if the price drops further or diff keeps climbing like that.

And yes, I also believe we should face that L4 is real and hashing. I fully believe humanity is stupid in general, but I doubt we find that many idiots buying L3++ in the last couple of weeks, that we can rule out the existence of L4 and blame diff increase on them...

Tssar

member

Activity: 120

Merit: 10

We should be alert by watching Bitmains competitor they might be ahead of them....

Quote from: Sandal_Hat on May 11, 2018, 09:40:18 AM

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Quote from: Sandal_Hat on May 11, 2018, 09:40:18 AM

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

It is just lower priced miners. This creates huge sales of miners and major difficulty increase. I mention this a number of pages back already. My worry is that L3+ is on 28nm. If a l4+ 16m appears, it will wipe out the L3+ because it should be 3 times stronger. I hope they dont appear as there is no real viable competitor to L3+. Innosilicons is only 20% more efficient but cost too much more and is already on 14/16nm. So, the L3+ leads the market.

ALL evidence suggests that not only is the "L4 a reality, but it is already hashing away in China on a large scale. The S11 as well. Folks better wake up. It's not like Bitmain didn't severely telegraph this upcoming release of new tech.

BenRickert

full member

Activity: 420

Merit: 110

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

It is just lower priced miners. This creates huge sales of miners and major difficulty increase. I mention this a number of pages back already. My worry is that L3+ is on 28nm. If a l4+ 16m appears, it will wipe out the L3+ because it should be 3 times stronger. I hope they dont appear as there is no real viable competitor to L3+. Innosilicons is only 20% more efficient but cost too much more and is already on 14/16nm. So, the L3+ leads the market.

ALL evidence suggests that not only is the "L4 a reality, but it is already hashing away in China on a large scale. The S11 as well. Folks better wake up. It's not like Bitmain didn't severely telegraph this upcoming release of new tech.

Sandal_Hat

full member

Activity: 462

Merit: 118

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

It is just lower priced miners. This creates huge sales of miners and major difficulty increase. I mention this a number of pages back already. My worry is that L3+ is on 28nm. If a l4+ 16m appears, it will wipe out the L3+ because it should be 3 times stronger. I hope they dont appear as there is no real viable competitor to L3+. Innosilicons is only 20% more efficient but cost too much more and is already on 14/16nm. So, the L3+ leads the market.

Tssar

member

Activity: 120

Merit: 10

bitmain is using cheap electricity a 1GH for 500w not enough powerful, I'm sure it is 5GH or above for 1600w this is how they managed to increase the difficulty.

Quote from: leowonderful on May 10, 2018, 08:10:38 PM

Diff on LTC now 9758801.1623634

Is not worth the invest right now, stop buying L3+ guys, now you get less than 2 usd daily in proffit, and it will be lower, it was 20 usd only 5 months ago, in 3 months you will pay
more for electricity than you mine.

Stop buying L3+ , lets give Bitman a lesson, they need to stop building this like toasters.

They are not, they are probably deploying their 16nm scrypt chips to their data centers now, any L3+ for sale are probably their old units they are swapping out. We will probably be seeing their 1GH 500 watt miner for 2k USD by june for sale, after they have ROIed their own stuff of course.

BenRickert

full member

Activity: 420

Merit: 110

Change name to L3-.

Sandal_Hat

full member

Activity: 462

Merit: 118

I'm personally surprised Bitmain is still keeping prices so high on their L3++s even though they're destined to go the way of the D3 in terms of profitability. Falling coin prices right now don't help out much either. I could see the L3++ dropping to current A3 levels at ~$500 or even lower soon if Bitmain's in a rush to get rid of their machines.

Difficulty is going up just like Sandal_Hat mentioned too, there's a rise of about 8.13% predicted for the next difficulty period according to Bitcoinwisdom right now, and I imagine it's only going to go up. You'd have to be insane to buy one of these unless you have near-free electrical costs and a coupon.

More people will buy it I think. This has been the trend for mining. Alot of interest and overcapacity and negative profits if compared to just buying the coin lol. It may not even breakeven. The only type of miner worth buying now are new ones that possibly break even in 1-2months.

bclcjunkie

hero member

Activity: 833

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thanks! How do you find the hashrate and power consumption so far? Stable?

Quote from: hinvestmentgroup on May 08, 2018, 05:22:09 PM

Quote from: bclcjunkie on May 07, 2018, 03:11:53 AM

thanks, will wait for your results.

Quote from: hinvestmentgroup on May 06, 2018, 08:32:38 AM

Quote from: bclcjunkie on May 06, 2018, 07:23:07 AM

@jstefanop

i wouldn't mind to pay for working version that can easily be updated using GUI.. is that possible since most of us here are probably using hosting facility. Has anyone tried down volting L3++ via lowering standard frequencies? any results?

I haven't, but I will be. My goal for this weekend is to tent my setup. In the coming days I'll try the down volting. Need to make sure they're setup and stable in their new home first.

I was able to set the voltage on the L3++ to 0x90 on all but 1 of the boards. On one I left it at the default for the L3++ of 0x60 which is interestingly higher than the L3+ which is 0x80.

leowonderful

legendary

Activity: 1624

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Bitcoin FTW!

I'm personally surprised Bitmain is still keeping prices so high on their L3++s even though they're destined to go the way of the D3 in terms of profitability. Falling coin prices right now don't help out much either. I could see the L3++ dropping to current A3 levels at ~$500 or even lower soon if Bitmain's in a rush to get rid of their machines.

Difficulty is going up just like Sandal_Hat mentioned too, there's a rise of about 8.13% predicted for the next difficulty period according to Bitcoinwisdom right now, and I imagine it's only going to go up. You'd have to be insane to buy one of these unless you have near-free electrical costs and a coupon.

Sandal_Hat

full member

Activity: 462

Merit: 118

Difficulty rose from 6.6m on April 1st to 9.7m now. It is going up too fast. Cheap miners means alot more sales and higher difficulty increase. Halving is still some time away at 450 days.

bigvito19

full member

Activity: 706

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I bet this miner doesn't make much now

jstefanop

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