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Author Topic: Antminer L3+ ROI is 2 months!!!!  (Read 731 times)
aakashsangwan (OP)
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July 14, 2017, 02:16:24 AM
 #1

I was thinking of buying antminer L3+ after calculating the profitability on coinwarz and the break even period came out to be ~55 days.
I was shocked as the breakeven period of an antminer s9 is ~180 days. So in that period antminer L3+ would have made 3x of investment.

So is there any catch in this or is it truly gonna break even in 2 months?

Would love to hear your opinions....

Tmdz
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July 14, 2017, 02:30:09 AM
Last edit: July 14, 2017, 03:24:31 AM by Tmdz
 #2

The Catch is you have to wait 3 months to receive your unit.

The last batch they sold to the pubic will be showing up on their door steps over the next 2-3 weeks.
Difficulty will rise over the next 3 months and we have no idea how many units are actually getting cranked out for this newest batch.

You will probably pay off the miner on this latest batch but your money will be tied up for 6+ months and that means risk.
jstefanop
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July 14, 2017, 03:21:23 AM
 #3

I was thinking of buying antminer L3+ after calculating the profitability on coinwarz and the break even period came out to be ~55 days.
I was shocked as the breakeven period of an antminer s9 is ~180 days. So in that period antminer L3+ would have made 3x of investment.

So is there any catch in this or is it truly gonna break even in 2 months?

Would love to hear your opinions....

Why do people like you, that I assume has been around crypto for at least more than a week, make ridiculous posts like this? Where in the history of crypto has profitability EVER stayed the same for more than a week??

Even if you could buy one TODAY it would never ROI in 55 days, because difficulty will double over the next month or two as bitmain unleashes their new batches. The earliest you could get one without paying 6k for one is at the end of September, and ROI will be the same as an S9 by then.

Like with everyting else with crypto, the only people that had 55 day ROI were the people that placed an order when the first batches came out in April/May. Just like GPUs those days are over as well.

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
64dimensions
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July 14, 2017, 03:36:45 AM
 #4

I was thinking of buying antminer L3+ after calculating the profitability on coinwarz and the break even period came out to be ~55 days.
I was shocked as the breakeven period of an antminer s9 is ~180 days. So in that period antminer L3+ would have made 3x of investment.

So is there any catch in this or is it truly gonna break even in 2 months?

Would love to hear your opinions....

For people like you, your other gamble is to put one on order and just sell it. This is essentially another business that BITMAIN has started, people can get paid for waiting in line.
No need to fool around with messy technical details.
coynedterm
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July 14, 2017, 03:44:09 AM
 #5

I was thinking of buying antminer L3+ after calculating the profitability on coinwarz and the break even period came out to be ~55 days.
I was shocked as the breakeven period of an antminer s9 is ~180 days. So in that period antminer L3+ would have made 3x of investment.

So is there any catch in this or is it truly gonna break even in 2 months?

Would love to hear your opinions....
This is a pretty cool idea , but I don't think that everything will gone smoothly like the currently hash power miner can have .
I don't mean to change in the hash power , here the main factor is of the difficulty to mine to coins .
About 3 years ago , one of my friend bought by calculating the return of investment in 2 month or even less but everything gone bad , he takes about 7 month to recover the ROI , so I think there are another factors also , like to remain online long time continuosly , internet connection , and electriciry cost and small noise pollution with heating effect in your surroundings .
So here I would like to suggest you please consider all the factors before buy .
Overall here I will say best of luck for your mining plans .

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