They finally just sold out today. I'm surprised they weren't sold out the same day they were up for sale. The potential profits are absolutely insane compared to any other miner out there.
I really hope me and my buddy are incorrect..in that I'm just killing it mining LTC right now
BUT
from what my buddy firgures..when the JULY 3 batches of stuff hits...and as stated here hashnet and imho, bitmain filling own data halls
we are expecting only 1/3 of what we are making NOW at best by Sept 1st, 2017
There will be that much crap hitting the world in bitmain toasters....so again this is at $43 buck coin too boot
now.....perhaps LTC will be 75 bucks by then and I will get more of a reprieve...then I expected like this latest jump to $43 bucks
it is POSSIBLE that we could ride the wave..rather thne just go up one side and down the other as bitmain puts out these like toasters
BUT
damn.....that would mean the price would have to go DASH coin price nuts ahead of such dumps in equip...in a DASH like manner to $75, to $100 etc
just ahead of the difficulty coming out to negate it
damn hard to thread that needle but a guy can hope
and hell ...just did it with the 43 buck jump....so ride this wave as you can...but probably the result of $43 buck LTC is MORE bitmain toasters by 1/3
more hashnet and imho the bitmain price of a L3+ will probably go up to 1,600 bucks again plus....
must be party time at bitmain as we speak with LTC price....damn ..evil pays I guess
I don't think you should expect to drop to 1/3 of what you're making now on LTC. I don't see how you could possibly predict how far the difficulty will rise when people start firing them up in September, or what will happen to the price of LTC either. I suspect the price of LTC will continue to rise as the difficulty does as has always been the case with BTC. I think if the price continues to rise that by the time the difficulty jumps in September the profits shouldn't change much. There would have to be a massive jump in difficulty and no increase in price for you to only see 1/3 the profits, no? I think it's party time for Bitmain, but also for all of those who ordered the L3+
I agree, but the view when we watched 3 batches of equip out in July sold out vs not as many after
(In our guess) and again make up of equip from last batch shipped May 22nd, and none since.
We again expect it to be much more brutal then the last difficult jump for small April and agin in our
view the again, a larger batch size 2000 of may 22nd stuff that hit the world.
Thus our quess July will be 3x to 4x difficulty jam in July with maybe 1x month to month thereafter
Again. I like you give me hope I'm deluded. But that is where we are at now mind wise
Consider one thing, S9 is on sale ALL THE TIME and its still profitable around 550$ a month. Second, last time i was mining LTC was around 2 months ago. Other scrypt coins are much more profitable.
other scrypt coin I'll give you...what I find thou is everyone goes to the other scrypt and litecoin difficulty drops in 3.5 days and I reap the benifits anyway (thou 1/2 of my stuff
is titans and they seem to work best on straight litecoin) but then again I take your point and the bitmain stuff I too should consider moving to say the prohashing site.
As to the S9 stuff I get the below at
bitmain s9 $1113 usd 13.5 TH
16th to 21st of August
1350 watts and 10c kwh
anyway $272.80 a month that S9 won't float for me anymore. Not on an August timeline.
Again back on topic..I hope you are correct..hell I hope you make this post I'm making look like idiocy 3 months from now...really!
But watched this kinda stuff when knc dumped Neptune btc miners and kept most for self use etc 2014.....and they never ROI'd
i suspect bitmain is going to flood market starting with July orders..and cointinue to do so ...like they have done with btc network
to a point like btc network everything will be at best an 11-14 month ROI on equip that arrives 2 to 2.5 months later. and Bitmain like
in btc network will account for 80% plus of asic's and this will rise when my titans go doorstop by the end of this year at my guess.
If that is the case..my senario holds....it is dumb imho for bitmain to do such...but they have done so and control most miners on bitcoin network
I suspect they will do the same for pow-scrypt miners....run them till toasters...11-14 month roi and account for 80% plus of equip on ltc network
again really hope I'm wrong...but got deja vu on this kinda stuff (will be the 3rd time I've seen such antics by asic makers since 2013 if correct)
I really , really hope I am dead wrong...but am buying miners with this in mind. (have 1 unit July coming on top of the ones I got april and may)
but, be prudent only get what you can wait to ROI on no matter how long it takes...
another competitor with bitmain on price like
www.bw.comwould help ...but not holding my breath...thus bitmain games ..again imho ( I frigging hope I'm clueless on this)....but July will tell us the
lay of the land after this drought of miners that last shipped May 22nd.
edit: just looked at the
www.bitmain.com site
looks like the L3+ August 28th to Sept 12th is now sold out.
Hopefully, there will not be a new batch out till November 2017 (hey a guy can hope right?)...