Bitcoin Forum

Hello Guys,

im interested in mining Litecoins but have a few Questions :
First of all is it possible to buy a good working ASIC on Aliexpress? i found one for 1300$ with 138MH/s and 800W.
Im living in Germany and the Price for elecricity is about 29 cents per KWH im used CoinWarz to calculate my Profit. I get about 200$ per Month is that possible?
Are thoose calculations on Coinwarz truth? Or does the whole think look different in real?

Hopeing you can help me ;)

Today you would mine 0.275 LTC on PPS pool. at $24 LTC that is $6.60 today. The unit consumes 19.2KWH a day or $5.57.
Today you would profit $1.03 per day and that will decline by 8-12% twice a week and in August you will not make any money as there is an avalanche of L3+ being delivered by Bitmain.

The answer to your question, not possible unless LTC was > $150 today and everything else is exactly the same.

Okay So if i go for the A4 Dominator with 280 MH/s i could make 9,47 Dollar a day right?
Is it Safe to buy a Scrypt Miner on Aliexpress?

Thank for you Help ;)

better to buy the new L3 from bitmain, there is more trust and can make you much more profit, currently the profit would be 0.02 a day which is very high for a asic miner, but sadly they won't ship before july and the diff would decrease before you start mine

Buy a l3 now dont buy a a4 they use too much power and dont mine ltc mine another scrypt coin thats more profitable on a consistent basis and sell ya coins for btc.
Try eastshore.xyz if bitmain are sold out , ali s prices arent as competitive.

With that electricity cost i probably would stay away from scrypt until the dust settles otherwise you might be sitting on dead miners.  But if you are going to mine, right now i would say the only 3 in contention right now would be the L3, A4 or titans.  Good luck

Thanks Guys ;)

So if i have about 2000$ what would you mine?
If i buy GPUs i will have a higher electricity bill and less MH/s.
Or can i get better profit with mining X11 or something like that?