Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner - page 4. (Read 284880 times)
July 02, 2018, 08:40:55 PM
It’s just the spacing in the middle of a sentence is what throws me off.
July 02, 2018, 01:44:44 PM
@Searing why the strange spacing on all of your posts? Makes it hard to read.
I get it both ways.my spacing is either 1) too hard to read because I type as fast as I think (ie too long)
or
they like the spacing for the same reason as above (i type as fast as I think..thus too long)
maybe, I'll go back to the other way and compress again....but likely will get blowback from that ..which is why I added spacing to the first place
(then again, why anyone thinks I have a clue on wtf is going on in crypto and wants to read my posts is mind-boggling anyway...I be clueless!)
brad
July 02, 2018, 12:54:40 AM
@Searing why the strange spacing on all of your posts? Makes it hard to read.
July 01, 2018, 11:30:30 PM
yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power.
hope again such 3c kWh month to month exists someplace (that is not a scam..how to prove..hmmm?
?) I didn't say "data hall" or "hosting" - I was talking actual electric all-cost-included rates in Chelan and Douglas counties of Washington State for residential and small business - though Chelan in particular seems to be getting unhappy about cryptocoin miners flocking there for the cheap power and it's effect on their infrastructure and BOTH have a "moratorium" in place on new larger operations (Gigawatt seems to have slipped in just before that moratorium hit with their Douglas county/East Wenatchee facility).
Grant county next door is at about 4.7 after the last rate increase, and is a lot less restrictive "so far", but appears to be starting to make some effort to force cryptocoin operations to pay a higher rate "sometime soon" for similar reasons.
For folks paying AVERAGE US rates or worse, I'd figure a lot have already shut down at least some mining gear as it has gone underwater already.
I suspect this is a lot of the reason that DASH hashrate in specific (among others) has seen a noticeable drop over the last few months since the prices collapsed.
well..if I can't host 18 miners (4 L3's and 14 L3+'s)without a data hall solution...so it does not matter I guess...so my only solution would be to sell
my miners to folk in those areas who could pop one or two up in the garage or something (shed?) because they get those rates w/o data hall issues....
so pm me...I can sell bit by bit to folk in such areas...but for me...
..
looks like I'm stuck with doorstops...too many for anyone to run, in that area, unless they buy my stuff.
sheesh....(not even sure what to charge with PSU)
later
brad
July 01, 2018, 06:31:10 AM
bitmain just fooling people. So everyone with brain will never buy their asics in future.
July 01, 2018, 06:00:12 AM
yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power.
hope again such 3c kWh month to month exists someplace (that is not a scam..how to prove..hmmm?
?) I didn't say "data hall" or "hosting" - I was talking actual electric all-cost-included rates in Chelan and Douglas counties of Washington State for residential and small business - though Chelan in particular seems to be getting unhappy about cryptocoin miners flocking there for the cheap power and it's effect on their infrastructure and BOTH have a "moratorium" in place on new larger operations (Gigawatt seems to have slipped in just before that moratorium hit with their Douglas county/East Wenatchee facility).
Grant county next door is at about 4.7 after the last rate increase, and is a lot less restrictive "so far", but appears to be starting to make some effort to force cryptocoin operations to pay a higher rate "sometime soon" for similar reasons.
For folks paying AVERAGE US rates or worse, I'd figure a lot have already shut down at least some mining gear as it has gone underwater already.
I suspect this is a lot of the reason that DASH hashrate in specific (among others) has seen a noticeable drop over the last few months since the prices collapsed.
June 30, 2018, 10:02:57 PM
I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
Don’t forget chip dev times lag by at least 6mo to 1yr. Just because prices don’t make sense now does not mean they weren’t spending millions for R&D when they were selling L3s by the thousands. Bitmain was certainly working on 16nm for scrypt after they shipped the L3’s. I’m already working with a
22nm 1w/mh chip.
I kinda doubt it. No offense but even if u get a better NM, u probably cant sell it cheap enough like bitmain can. Bitmain S9 is still better than T1 after all. L3+ is still the best and Inno's litecoin miner which is already at 16nm cannot beat L3+ 28nm anyways. It is too expensive. No point wasting money on it especially when the underlying coin isnt gaining huge value.
Just my 2 cents.
Yea well I'm already invested, and what I'm trying to build is something both these Chinese companies, that care only for the cents they can make and their huge farm customers, can't. And thats a home miner designed for homer miners and a way to further decentralize these networks. Yea I can't compete at the dollar/mh value, but people should find way more value in what I'm building and if they don't, oh well.
Well...my stuff is getting shut off today or on July 1st probably...may run till the July 5th due to the Holiday...but that's it...I expect in the USA where the average
electric rate is 12c kWh ...that MANY will pull the trigger by July 4th....so congrats to those with less than 6c a kWh...not that it will make you a LOT of money
Stuff getting shut off 4 L3's and 14 L3+'s for equiv hash of 16 L3+'s at 8,000mh and 12,800 watts at 14c kWh (with data hall rent) at current LT.C price of $80.00
but some over electric. So seems it is just like BTC Hobby mining in 2014....kaput now...I can't see scrypt-pow coming back in a big way ..with 90% of all equipment
worth running at the pow-scrypt difficulties and LTC difficulties..no one has an advantage...thus ...in the case of LTC they will come and go, being turned on like the
tide every 3 days for diff change....(LTC) ...and eventually all this will be underwater vs electric costs and they will all fade...leaving Bitmain (with cheap elec and
the 20% cost on $1.00 for equipment they have to pay on top of that...eventually ending up on top...and this is NOT saying they have new scrypt-pow equip Bitmain
will mine over the summer with 'crumbs' of pre-orders in the fall. Sorry, at $80 an LTC it has never made more sense to just HODL your crypto of choice rather
then get any type of miner equipment....add data halls wanting at LEAST a month up front or 6-month contract...(and a lot are already full) this seems to be
pretty much wrapped up. My real concern is IF Bitmain at more or less the same watts...and they mine all summer and pre-order in the
fall, they would raise pow-scrypt and LTC ..what 30% on top of what it is now? Then expect us to get miners in the fall after they own scrypt-pow for the summer?
I myself will not be 'enthused' and will not play that game, either in getting LTC or scrypt-pow coins or equipment..till I get a clear view of what this would mean.
So I'm out. Have 2 ASIC's in the bsmt mining sh*tcoin, that on paper show a profit (not Bitmain scrypt-pow units) ..but they likely will go off soon too..
what the heck, its only money (crypto) right?
was a heck of a run from 2013 till now...made me a crapload of crypto...but, looks like it is POS coins like LISK if I want anything monthly in the tank from now on.
brad
June 30, 2018, 07:01:02 PM
I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
Don’t forget chip dev times lag by at least 6mo to 1yr. Just because prices don’t make sense now does not mean they weren’t spending millions for R&D when they were selling L3s by the thousands. Bitmain was certainly working on 16nm for scrypt after they shipped the L3’s. I’m already working with a 22nm 1w/mh chip.
I kinda doubt it. No offense but even if u get a better NM, u probably cant sell it cheap enough like bitmain can. Bitmain S9 is still better than T1 after all. L3+ is still the best and Inno's litecoin miner which is already at 16nm cannot beat L3+ 28nm anyways. It is too expensive. No point wasting money on it especially when the underlying coin isnt gaining huge value.
Just my 2 cents.
Yea well I'm already invested, and what I'm trying to build is something both these Chinese companies, that care only for the cents they can make and their huge farm customers, can't. And thats a home miner designed for homer miners and a way to further decentralize these networks. Yea I can't compete at the dollar/mh value, but people should find way more value in what I'm building and if they don't, oh well.
June 30, 2018, 04:21:38 PM
I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
Don’t forget chip dev times lag by at least 6mo to 1yr. Just because prices don’t make sense now does not mean they weren’t spending millions for R&D when they were selling L3s by the thousands. Bitmain was certainly working on 16nm for scrypt after they shipped the L3’s. I’m already working with a 22nm 1w/mh chip.
I kinda doubt it. No offense but even if u get a better NM, u probably cant sell it cheap enough like bitmain can. Bitmain S9 is still better than T1 after all. L3+ is still the best and Inno's litecoin miner which is already at 16nm cannot beat L3+ 28nm anyways. It is too expensive. No point wasting money on it especially when the underlying coin isnt gaining huge value.
Just my 2 cents.
June 30, 2018, 03:10:41 PM
June 29, 2018, 05:40:08 PM
June 29, 2018, 05:34:50 PM
yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power.
NOTE: > misread and used 3c kWh for electric from your Canada post..but did not see this till below was done..thus going with it FYI.
this is from the Litecoin Pool Calculator a free pool that pays out at 101% FYI
https://www.litecoinpool.org/calc
right now a 500mh 800 watt Bitmain L3+ miner is a NEG -$0.74 loss...with current difficulty drop (was a NEG -$0.86 loss)
also, remember if they say 3c kWh with fees in a data hall etc ..it will always be 1 or 2c more..or 4-5c ..but let's use your number of 3c kWh
at current $75 LTC even you would make $1.37 a day. x 30 days is $41.19 per miner...but being a data hall they may ask for 6 months pre-pay
let's say you get a month to month...setup lets say is $50 and prepay a month say of electric of say $20 ..so you double your money
24 hours 0.02598539 LTC 1.95 USD 0.58 USD 1.37 USD
7 days 0.18189773 LTC 13.64 USD 4.03 USD 9.61 USD
30 days 0.77956172 LTC 58.47 USD 17.28 USD 41.19 USD
Now in my case, it would be 8000mh and 12,800 watts at 3c kWh...it would be likely 800 bucks min to set up and pay about
at your 3c rate, I should do this immediately
24 hours 0.41576625 LTC 31.18 USD 9.22 USD 21.97 USD
7 days 2.91036375 LTC 218.28 USD 64.51 USD 153.77 USD
30 days 12.47298750 LTC 935.47 USD 276.48 USD 658.99 U
alas, the best data hall rates I've seen a month to month is 8.5c kWh
so the reality with fees/elec/hosting/etc in Canada or elsewhere I see the following below..sure 6.5c kWh elec exist or lower..but those data
halls are filled...if they become unfilled it will be due to the fact 6.5c a kWh won't cut it anymore..which defeats our purposes here on these calcs
again an L3+ does below at 8.5c kWh with all fees/etc/hosting...but IF you found such...6 month usually is what they want..again may have changed
be sure to contact me if so...especially the 0.03c kWh...but what I'm going with..again assume you can get month to month and not even these are filled
at the 8.5c kWh electric rate
24 hours 0.02598539 LTC 1.95 USD 1.63 USD 0.32 USD
7 days 0.18189773 LTC 13.64 USD 11.42 USD 2.22 USD
30 days 0.77956172 LTC 58.47 USD 48.96 USD 9.51 USD
with my 8000mh at 12,800 watts, I'd make $152.11 for a $935.47 pre-pay of a month to month if I could find an empty data hall at that rate
for a $152.11 profit (maybe..depending on the month)
24 hours 0.41576625 LTC 31.18 USD 26.11 USD 5.07 USD
7 days 2.91036375 LTC 218.28 USD 182.78 USD 35.49 USD
30 days 12.47298750 LTC 935.47 USD 783.36 USD 152.11 USD
thus NOT really worth it, because again
1) everyone has the same miners, 90% of all scrypt-pow miners still running are Bitmain L3+'s thus diff goes down on the LTC 3 day cycle you see a 20%
rise say and then the next cycle a 20% down...for MOST folk above this 8.5c kWh at the 12c kWh national average for the summer...you go up and down
on the whims of the 90% with NO piece of equipment having an advantage over the other ...all underwater (at least above say 8.5c kWh /hosting and fees)
2) Bitmain is likely coming out with the supposed 3x the hash at close to the same watts miner in July/August..thus all L3+'s will be doorstops in a couple months
3) you can't find a data hall at even a 10c kWh with fees price IMHO that is NOT full.....or so it seems to me
so, by all means, any with 3c kWh electric with fees and hosting and such...on a month to month prepay format CALL ME NOW ...i will be your minion!
at a say 6c kWh electric call me also....but you would be my 2nd prom choice
8.5c kWh...don't bother to pm me...
and at my 14c kWh I'm currently shutting off my 8,000mh at 12,800 watts....lose my phone number and other info ASAP
again, hope I'm wrong and SOMEONE WANTS ME..but I expect I'm too fat (8000mh) and eat too much (12,800 watts) and expect only a month to month
rental...and put out a LOT of heat for a data hall this summer...just don't see it likely for scrypt-pow coins and or LTC
again, if I am wrong..PM ME!
(there will be flowers and candy and courtship)...
but alas, I suspect my scrypt-pow miners (L3's and L3+'s 18 of them ...and equiv to 16 L3+'s at 8,000mh and 12,800 watts) are not 'attractive anymore'
unless I want to jump in for a 6-month lease (or in my case at about say 5K pre-pay) AND EXPECTING new Bitmain units
oops...not gonna happen
hope again such 3c kWh month to month exists someplace (that is not a scam..how to prove..hmmm?
?) but while I like Unicorns...they don't exist..thus feel the same about my odds here...they are the same as me being Natalie Portman's Love Puppet
....I can hope for Both..but I'm not holding my breath
brad
June 29, 2018, 11:08:30 AM
yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power.
June 29, 2018, 08:30:06 AM
I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
Don’t forget chip dev times lag by at least 6mo to 1yr. Just because prices don’t make sense now does not mean they weren’t spending millions for R&D when they were selling L3s by the thousands. Bitmain was certainly working on 16nm for scrypt after they shipped the L3’s. I’m already working with a 22nm 1w/mh chip.
June 29, 2018, 07:23:57 AM
Looks like a spam post to me
so this is scrypt-pow? confused?
June 29, 2018, 05:53:31 AM
If Bitmain is still selling them they HAVE to be a good buy right? RIGHT what is wrong with them. From a marketing standpoint. I get economy but what they are doing is blowing my understanding of a functioning market lol
I believe bitmain paid in advance for chips. These are non-refundable. And now they have to slash prices greatly to clear inventory. Basically, they making the whole market pay for their mistake...
The crazy thing is it seems canaan is gonna IPO to raise money to do the same. I read about it somewhere. They get to lower price if they pay for inventory in advance I think. It is madness really...
June 29, 2018, 01:13:23 AM
If Bitmain is still selling them they HAVE to be a good buy right? RIGHT what is wrong with them. From a marketing standpoint. I get economy but what they are doing is blowing my understanding of a functioning market lol
The only people going to see Lambos in crypto is bitmaintech. I find it so interesting how the gold rush just like in 1800’s California went to those selling the shovels. They give two shits how many shovels they sell also whether or not you dig one spec of gold. They done made out like bandits. I’d say at this point crypto needs to drop right on down to zero$. A real purge of sorts. Give the greedy a little taste of how this system is designed! A good upheaval of the ponzis and shady exchanges. I really hope we see a continued bear market. It’s def showing what most are here for Profit only! There is more to the crypto movement than profits! one must see the forest thru the trees once in a while.
BR
June 28, 2018, 11:45:53 PM
If Bitmain is still selling them they HAVE to be a good buy right? RIGHT what is wrong with them. From a marketing standpoint. I get economy but what they are doing is blowing my understanding of a functioning market lol
June 28, 2018, 10:59:38 PM
I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
June 28, 2018, 05:40:42 PM
who is buying these coupons, this is a real mystery to me, today I received few 350$ coupons
Putting them up for sale in Goods or Digital Goods seems like the appropriate section for coupon sales- I've noticed the higher amount coupons tend to sell somewhat quickly, should still be the case now. Use escrow as usual for sales. I'm surprised Bitmain's still keeping the L3+ at its current pricing of $450/$530 considering how useful it is for most people right now- unless coin prices rise, this thing's going into D3 territory for profitability. The 504Mh is currently barely breaking even with electrical costs at $0.10/kWh, and another difficulty adjustment should make this unprofitable to run at $0.10/kWh.
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