Antminer L3 - 250mh - 400watt Scrypt miner coming soon

[adaseb]

So I guess people can finally stop asking $2000 for their Titans in the Bitcointalk Classifieds now.

[Eyedol-X]

Its bitmain, its real. Ive bought over 50 miners from them, and never had a problem. Im 100% sure this is true.

Vegas

I don't know that I share your confidence in Bitmain.  If you hang out on the S9 thread I think you will see there is a pretty high failure rate, and they do not honor their warranty.  So that is the sticking point with anything new like this...

S9 isn't new anymore and every batch they ship people are still reporting issues.  And of course the problems are always "your fault", or ship it back to China and by the time you pay for the shipping and if you got a Willy Wonka golden ticket they "might" cover the repair, but it is going to cost you almost what it would cost to send it to BitmainWarranty in Denver by the time you factor in shipping, down time etc.  

So the warranty from Bitmain is useless and their hardware as of late has been questionable.  So that is a sticking point for me. At least with the Inno A4 so far I have not heard of anyone who has had a hardware failure.  Inno appears to just make solid stuff<knock on wood>.  We can only hope that the L3 is a better product that the S9 series.

X2 on this, Bitmains warranty is a joke, it's well documented how badly they handle warranty issues

I personally will be waiting a few batches before I consider an L3 and if I buy one, I may buy a used one, not a new one.

[vegasguy]

agreed. Most of the miners I bought from bitmain were s3+, way back ,  and I think I had only 1 fail. I owned 1 s4 and had a power supply go out. Replaced it, and it was fine after that. So most likely its their higher end asics that get very hot that are having issues. Today I own titan miners, and it doesnt get more flaky than those ... LOL  So, Ill wait for the L3 to come out and see what people say about them. The L3 is MUCH more efficient than titans, and they have to be more stable, but then anything is more stable than Titans..LOL

Its sad that bitmain wont honor their warranty, because I feel like they could be the best asic company out there if they did. People understand that machines fail, its how the company handles it, that makes the difference. Too bad Zeus didnt continue with their scrypt miners. I have 9 of them, and I never had even 1 problem with them.

I dont follow the S9 or S7s. Is the failure rate high?

I even overclocked the S3's to max, and ran them 24/7 and they were great. But, they were only .5 TH/s each, and drew 600W.

I think the best strategy for the L3 is NOT to buy until atleast batch 3 or 4. This way the price has come down, and youll have a pretty good idea on the failure rate also.

Vegas

[Longsnowsm]

We are going to see a new baseline for the cost per MHS it looks like.  The commanding prices that a Titan used to bring is certainly going to come down.  If Bitmain ships is small batches like they have been with the S9 and R4's then the market may not become flush with miners for a while.

[Longsnowsm]

agreed. Most of the miners I bought from bitmain were s3+, way back ,  and I think I had only 1 fail. I owned 1 s4 and had a power supply go out. Replaced it, and it was fine after that. So most likely its their higher end asics that get very hot that are having issues. Today I own titan miners, and it doesnt get more flaky than those ... LOL  So, Ill wait for the L3 to come out and see what people say about them. The L3 is MUCH more efficient than titans, and they have to be more stable, but then anything is more stable than Titans..LOL

Its sad that bitmain wont honor their warranty, because I feel like they could be the best asic company out there if they did. People understand that machines fail, its how the company handles it, that makes the difference. Too bad Zeus didnt continue with their scrypt miners. I have 9 of them, and I never had even 1 problem with them.

I dont follow the S9 or S7s. Is the failure rate high?

I even overclocked the S3's to max, and ran them 24/7 and they were great. But, they were only .5 TH/s each, and drew 600W.

I think the best strategy for the L3 is NOT to buy until atleast batch 3 or 4. This way the price has come down, and youll have a pretty good idea on the failure rate also.

Vegas

Reports in the other threads on the S9 and R4's have a failure rate in the 10-20% range.  BitmainWarranty is a consignee and not part of Bitmain so having repairs done through them in the US will cost you and are not really part of the Bitmain official warranty.  Warranty work has to go back to China.   It is a long ongoing story on the S9 thread.

It is this current Bitmain history that is worrying about the L3. The S9's are still shipping new batches and people are still seeing failures.  I forget what the last batch number is for the S9, but it is in the 20's and still having problems.

[m1n1ngP4d4w4n]

When a company offer such a low warranty lenght, you can be sure there is something wrong with the hardware... i tip my hat to all the courageous peoples that buy such products...

[Longsnowsm]

They can extend the warranty, but it is a bean counters game.  The odds they will have to repair something is small if the conditions of the warranty make it easy to deny claims.  So it is really not a huge risk for them to extend the warranty since it does not appear most repairs are covered if the S9 thread is any indication of this.  Then we the sheeple look at the warranty and say, well they must believe in their product look at their warranty.   We are lucky here that we have a community of people who talk and share their experiences so we have the opportunity to be aware of what is going on.

I think people line up to keep buying because Bitmain owns the Bitcoin miner market.  The new Avalon 7 specs are so far below those of Bitmain that they are not a serious threat.  Also Bitmain's method for releasing miners in small batches has people waiting for the next batch.  That feeling of scarcity is working in their favor to get people to commit and buy as soon as they are available.

I highly suggest everyone who is considering buying a Bitmain product and isn't familiar with the issues to run over to the S9 and R4 threads and take a look.  Better to walk into things with your eyes wide open than to blindly jump.   

[naron]

Note the hashrate in LTC Antpool. Assuming with big probability that the larger part of their hashrate is generated by L3, looks quite stable. So it's the hope of L3 to be fairly stable but the performance is a mystery.

[jstefanop]

Sweet finally a new scrypt chip worth playing with! Even I was blind sided by this...didnt think bitmain would get back in the scrypt game. Hopefully they will sell this chip at a reasonable price, or at the very least force Innosilicon to drop their ridiculous prices on thier power hog A4s. Feel bad for all the people that bought them...they are screwed now.

Either way stay tuned for round 2 of some fun mini miners from me!

[vinylwasp]

Note the hashrate in LTC Antpool. Assuming with big probability that the larger part of their hashrate is generated by L3, looks quite stable. So it's the hope of L3 to be fairly stable but the performance is a mystery.

Wow, they lost 130 Gh/s of Scrypt (LTC) overnight.
Yesterday the pool was 361 Gh/s, as of now it's 235 Gh/s. I wonder if they've had a power outage in thier new DC, it was due to go live about now.

https://blog.bitmain.com/en/bitmain-to-set-high-standards-with-state-of-the-art-xinjiang-data-center/

[Longsnowsm]

Just reading the Bitmain site translated to english and what someone else stated about the PCIE connections is correct.  You only need 1 PCIE connector per board connected.  So 4 PCIE connections per cube. 

[jstefanop]

Just reading the Bitmain site translated to english and what someone else stated about the PCIE connections is correct.  You only need 1 PCIE connector per board connected.  So 4 PCIE connections per cube. 

Yea its just 100 watts per board, so could power the whole thing with just two PSU PCIE connectors and splitters if you really wanted too.

Btw each board has 36 chips..144 chips total.

1.74 MH/Chip @ 2.8 watts...1.6 watts per MH pretty impressive.

[wlefever]

Well this blows. Guess the way to play it is buy Litecoin in hopes the price rebounds when bitcoins bull run ends. Or BITMAIN will just try and flood these out on the market at a high price and not really care what happens to scrypt coins.

[naron]

Note the hashrate in LTC Antpool. Assuming with big probability that the larger part of their hashrate is generated by L3, looks quite stable. So it's the hope of L3 to be fairly stable but the performance is a mystery.

Wow, they lost 130 Gh/s of Scrypt (LTC) overnight.
Yesterday the pool was 361 Gh/s, as of now it's 235 Gh/s. I wonder if they've had a power outage in thier new DC, it was due to go live about now.

https://blog.bitmain.com/en/bitmain-to-set-high-standards-with-state-of-the-art-xinjiang-data-center/
https://blog.bitmain.com/en/wp-content/uploads/2016/11/1917040522-676x507.jpg

Probably Bitmain is getting ready to ship the first batch for the Chinese market that's why the hashrate fell. But before and after collapse, hashrate looks quite stable.

[toptek]

So I guess people can finally stop asking $2000 for their Titans in the Bitcointalk Classifieds now.

LMAO, they won't .

Sweet finally a new scrypt chip worth playing with! Even I was blind sided by this...didnt think bitmain would get back in the scrypt game. Hopefully they will sell this chip at a reasonable price, or at the very least force Innosilicon to drop their ridiculous prices on thier power hog A4s. Feel bad for all the people that bought them...they are screwed now.

Either way stay tuned for round 2 of some fun mini miners from me!

You sure they will sell chips they still won't sell the BTC version, will the Script chip version be any different ? .
I would think the Script version will be even harder to buy off bitmain unless your willing to spend millions or can .if you get any, i may buy one or two USB stick miners, I'm sure that's all you will make ? .

At least Side said he can't get bitmain to sell chips and some others, but Side hack has a reg supply of the new BTC chips from Bitfury now so over time we should start seeing reasonable priced BTC miners made for the home again, if bitfury keeps the supply going to him .

Thanks top.

[mettalmag]

wish it was true

[lazypolarbears]

....so.... can this thing only mine LTC? Or is everyone just talking about LTC because it's the only altcoin worth mining?

Someone commented that XMR can't be used with this.. so I'm assuming ZEC is also impossible (for now). What about DASH or other altcoins?

Anybody have one of these in hand? How much heat does it output?

[Longsnowsm]

This is a scrypt coin miner.  So you can mine any coin that is scrypt like Litecoin.  There are many scrypt coins available to mine.

[HagssFIN]

There actually already exists a product listing here for the Chinese market:
https://enshop.bitmain.com/productDetail.htm?pid=00020161229040715306ygMSJQLh06C0

Antminer L3

Price: 11000 CNY (=~ 1583 USD)

• Hash Rate: 250 MH/s
• Power Consumption: 400W ± 10% at the wall (with Bitmain’s APW5 PSU, 93% efficiency, 25°C ambient temp)
• Power Efficiency: 1.6J / MH ± 10% at the wall (with Bitmain’s APW5 PSU, 93% efficiency, 25°C ambient temp)
• Noise: 60dB
• Chip quantity per unit: 144 x BM1485
• Rated Voltage: 11.6 ~ 13.0V
• Dimensions: 230 mm (L) * 135 mm (W) * 158 mm (H)
• Operating Temperature: 0°C to 40°C
• Operating Humidity: 5% RH-95% RH, non-condensing
• Network Connection: Ethernet

[Longsnowsm]

There actually already exists a product listing here for the Chinese market:
https://enshop.bitmain.com/productDetail.htm?pid=00020161229040715306ygMSJQLh06C0

Antminer L3

Price: 11000 CNY (=~ 1583 USD)

• Hash Rate: 250 MH/s
• Power Consumption: 400W ± 10% at the wall (with Bitmain’s APW5 PSU, 93% efficiency, 25°C ambient temp)
• Power Efficiency: 1.6J / MH ± 10% at the wall (with Bitmain’s APW5 PSU, 93% efficiency, 25°C ambient temp)
• Noise: 60dB
• Chip quantity per unit: 144 x BM1485
• Rated Voltage: 11.6 ~ 13.0V
• Dimensions: 230 mm (L) * 135 mm (W) * 158 mm (H)
• Operating Temperature: 0°C to 40°C
• Operating Humidity: 5% RH-95% RH, non-condensing
• Network Connection: Ethernet

Doesn't ship until Jan 5th in China.  It is a new product. So not quite "available" yet.