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

[jstefanop]

....
with a 3% difficulty increase.....

LOL
Are you fucking noobs?
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Man you need to learn to count .

Agreed with you.
I recommand using this calc
https://bitcoinwisdom.com/litecoin/calculator
allow you to count difficulty, and you'll see ROI is hard.... super hard, even with free electricity.

The ROI is 111 days with free electricity !!!
This is the best invesment in mining hardware at the moment.

Hummm how do you calculate ?
if i put 3% diff, hahs 250MH, price 1600$, pool fee 2%, electricity free, the ROI is 700days

Man you need to learn to count .
3 % diff? 2% pool fee? What a nonsense!
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Max diff could be 150-200k in the end of 2017. it is only 0,75-0,8% of average increment.

You guys do realize that the bitcoinwisdom calc is still doing the calculation with 50 LTC block rewards right? So its off by a factor of two.

This calculator is accurate: https://www.cryptocompare.com/mining/calculator/ltc?HashingPower=250&HashingUnit=MH%2Fs&PowerConsumption=400&CostPerkWh=.01

Thats an 8 month ROI with zero electricity and diff increase. Factor in power, and even if your running on a mutipool with very good returns your looking at a year ROI if your lucky. Plus you wont pay 1600 after shipping costs, PSU etc.

[1714514088]

1714514088

[1714514088]

1714514088

[1714514088]

1714514088

[m1n1ngP4d4w4n]

....
with a 3% difficulty increase.....

LOL
Are you fucking noobs?
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Man you need to learn to count .

Agreed with you.
I recommand using this calc
https://bitcoinwisdom.com/litecoin/calculator
allow you to count difficulty, and you'll see ROI is hard.... super hard, even with free electricity.

The ROI is 111 days with free electricity !!!
This is the best invesment in mining hardware at the moment.

Hummm how do you calculate ?
if i put 3% diff, hahs 250MH, price 1600$, pool fee 2%, electricity free, the ROI is 700days

Man you need to learn to count .
3 % diff? 2% pool fee? What a nonsense!
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Max diff could be 150-200k in the end of 2017. it is only 0,75-0,8% of average increment.

You guys do realize that the bitcoinwisdom calc is still doing the calculation with 50 LTC block rewards right? So its off by a factor of two.

This calculator is accurate: https://www.cryptocompare.com/mining/calculator/ltc?HashingPower=250&HashingUnit=MH%2Fs&PowerConsumption=400&CostPerkWh=.01

Thats an 8 month ROI with zero electricity and diff increase. Factor in power, and even if your running on a mutipool with very good returns your looking at a year ROI if your lucky. Plus you wont pay 1600 after shipping costs, PSU etc.

Thx for pointing out the calc was outdated, still it's a very long ROI and you have to have free elec, so basically if you pay electricity u'll never get your money back ;(

[Deep In The Mines LLC]

A few updates speeds and overclocking for those interested.



This is watts of 1 unit.



A quick test when first started up the unit.



Ran it for about a hour on clevermining before shipping out. It looks like it averaged 240mh.



Overclocking to 285MH 

[excelerator]

This calculator is accurate: https://www.cryptocompare.com/mining/calculator/ltc?HashingPower=250&HashingUnit=MH%2Fs&PowerConsumption=400&CostPerkWh=.01

Thats an 8 month ROI with zero electricity and diff increase. Factor in power, and even if your running on a mutipool with very good returns your looking at a year ROI if your lucky. Plus you wont pay 1600 after shipping costs, PSU etc.

That calculator doesn't take into account difficulty increases.  This calculator does take into account difficulty.
http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2017-01-09&costperunit=2200&wattperhour=400&gigahazarate=250000&daytoincrease=3&testlopfirst=1&diffincrement=1.5292&bitcoinperdollar=4.23&electriccostinput=.1&begindifflevel=75357

You can set your own energy price & change difficulty here.
http://www.vnbitcoin.org/litecoincalculator

[Searing]

....
with a 3% difficulty increase.....

LOL
Are you fucking noobs?
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Man you need to learn to count .

Agreed with you.
I recommand using this calc
https://bitcoinwisdom.com/litecoin/calculator
allow you to count difficulty, and you'll see ROI is hard.... super hard, even with free electricity.

The ROI is 111 days with free electricity !!!
This is the best invesment in mining hardware at the moment.

Hummm how do you calculate ?
if i put 3% diff, hahs 250MH, price 1600$, pool fee 2%, electricity free, the ROI is 700days

Man you need to learn to count .
3 % diff? 2% pool fee? What a nonsense!
With 3% difficulty increasement it will be 1212000 (up in 16 time from now) in 365 days. It is absolutely impossible.
Even bitcoin with the super bull trend in 2016 year had only 3 time difficulty increasement from 103,880,340,815 to 317,688,400,354.
Max diff could be 150-200k in the end of 2017. it is only 0,75-0,8% of average increment.

You guys do realize that the bitcoinwisdom calc is still doing the calculation with 50 LTC block rewards right? So its off by a factor of two.

This calculator is accurate: https://www.cryptocompare.com/mining/calculator/ltc?HashingPower=250&HashingUnit=MH%2Fs&PowerConsumption=400&CostPerkWh=.01

Thats an 8 month ROI with zero electricity and diff increase. Factor in power, and even if your running on a mutipool with very good returns your looking at a year ROI if your lucky. Plus you wont pay 1600 after shipping costs, PSU etc.

Here is what www.litecoinpool.org/calc has to say. NOTE: It DOES include litecoinpool's free service and 3% bonus in the calc. (Yes its free pool and pays 103%)

Also just for variety..using USA average 10c kWh and the L3 400 watts (may be a tad less...but what the mnfg claims) and current LTC high of $4.19 usd.

I get below:

24 hours   1.71848145 LTC   7.20 USD   0.96 USD   6.24 USD
7 days   12.02937012 LTC   50.40 USD   6.72 USD   43.68 USD
30 days   51.55444336 LTC   216.01 USD   28.80 USD   187.21 USD


That is at a FLAT difficulty rise (never gonna happen) and with a pool that pays 103%. So yeah this unit is going to take more then 1 year to ROI imho.

Then again at 400 watts you can probably run it next winter and get a heat benefit out of it...so what the heck from that point of view.

Price and the LTC to BTC ratio has to get above at least imho 0.005 before it gets down to 10 months ...if LTC to BTC ratio ever hits 0.006 ltc to btc solid

again I'd be jumping on the bandwagon (even with expected difficulty rise in scrypt miners due to their availability)yep would get a couple at least.. big time as well

heh...now not so much (yet anyway). I  STILL think gonna wait for this wave to pass and catch the next one...maybe around fall when all this difficulty pump in scrypt

maybe levels out

[IIpeBeD_MeDBeD]

Estimated Next Difficulty:   74,079 (-1.70%)
Dont worry guys!

[Liquid71]

Estimated Next Difficulty:   74,079 (-1.70%)
Dont worry guys!

moron noobs that think they know it all and spread misinformation are why most people don't bother with these forums.

You will not break even on this miner. Even stealing mommy and daddy's electric, you won't get back the same amount of Bitcoin you spent on it. That you can count on. Happy mining 

[Marvell1]

Estimated Next Difficulty:   74,079 (-1.70%)
Dont worry guys!

moron noobs that think they know it all and spread misinformation are why most people don't bother with these forums.

You will not break even on this miner. Even stealing mommy and daddy's electric, you won't get back the same amount of Bitcoin you spent on it. That you can count on. Happy mining 

Price needs to half at the least

[vinylwasp]

Estimated Next Difficulty:   74,079 (-1.70%)
Dont worry guys!

moron noobs that think they know it all and spread misinformation are why most people don't bother with these forums.

You will not break even on this miner. Even stealing mommy and daddy's electric, you won't get back the same amount of Bitcoin you spent on it. That you can count on. Happy mining 

Using any calculator that uses a single coin is fairly inaccurate if you're interested in ROI, because why would you mine a single coin when there are several multi-pools which will pay better profits than any single coin. They acheive this through coin switching to the most profitable coin when the difficulty on the currently mined coin rises or price decreases.

The thing that really affects scrypt profitability is not LTC difficulty alone but the increase in total scrypt network hashrate across all 60+ scrypt coins as each new generation of miners comes on stream and older less efficient miners leave which affects diff across all those coins over time. When Litecoin Difficulty goes up because all the hashrate has flipped over to it, another coin's difficulty like Gamecoin is going down because the hashrate has dropped. Using a coin switching multipool allows you to mine the most profitable all the time.

As most of these pools pay out directly in BTC, its thier BTC per MH/s per day rate that you should be using for you ROI calcs. Something like 0.000032 BTC per MHs per Day.
The other factors not considered in ROI calcs are these:

Residual Value (ask a Titan or A2 owner, A4's and L3's will retain 30%-40% in 2 years).
Increase in coin value. I mine and only sell enough to pay for electricity, so I have BTC that I mined with my A2's in 2015 that have returned a 400% profit today. When do you want your ROI? Every week, or in 3 years time?

[QuentinA]

Probably asked before, but any info on availability in EU/US ?

[QuintLeo]

You guys do realize that the bitcoinwisdom calc is still doing the calculation with 50 LTC block rewards right? So its off by a factor of two.

Also just for variety..using USA average 10c kWh and the L3 400 watts (may be a tad less...but what the mnfg claims) and current LTC high of $4.19 usd.

I get below:

24 hours   1.71848145 LTC   7.20 USD   0.96 USD   6.24 USD
7 days   12.02937012 LTC   50.40 USD   6.72 USD   43.68 USD
30 days   51.55444336 LTC   216.01 USD   28.80 USD   187.21 USD

 It IS a bit annoying having to manually fix that 50 to 25 every time I use the bitcoinwisdom calc - but it's still overall a good calc and VERY flexable.


 BTW - try that cal on 5c / KWH electric - there are a LOT of miners that don't pay 10c / kwh or even close specifically including most LARGE farms that are closer to 3 than 5.

[Gogreen]

LTC price is going up but too expensive

[vinylwasp]

LTC price is going up but too expensive

https://poolpicker.eu/table?algo=scrypt
Date    Multipool    NiceHash / WestHash    CleverMining / LTCRabbit    InfernoPool    ZPOOL
2017-01-09   0.00002978   0.00003350   0.00003160   0.00000015   0.00003214


0.000032 (BTC per Mhs per day) x 240Mhs = 0.00768 BTC
0.00768 * 900 = $6.91

0.4 Kwh x 0.10c x 24 = $0.96
6.91 - 0.96 = $4.95 per day profit

1800/4.95 = 363 ROI

1800 x 50% = 900 (end of year 1 value)
900/4.95 182 days

[Searing]

Estimated Next Difficulty:   74,079 (-1.70%)
Dont worry guys!

moron noobs that think they know it all and spread misinformation are why most people don't bother with these forums.

You will not break even on this miner. Even stealing mommy and daddy's electric, you won't get back the same amount of Bitcoin you spent on it. That you can count on. Happy mining 

Using any calculator that uses a single coin is fairly inaccurate if you're interested in ROI, because why would you mine a single coin when there are several multi-pools which will pay better profits than any single coin. They acheive this through coin switching to the most profitable coin when the difficulty on the currently mined coin rises or price decreases.

The thing that really affects scrypt profitability is not LTC difficulty alone but the increase in total scrypt network hashrate across all 60+ scrypt coins as each new generation of miners comes on stream and older less efficient miners leave which affects diff across all those coins over time. When Litecoin Difficulty goes up because all the hashrate has flipped over to it, another coin's difficulty like Gamecoin is going down because the hashrate has dropped. Using a coin switching multipool allows you to mine the most profitable all the time.

As most of these pools pay out directly in BTC, its thier BTC per MH/s per day rate that you should be using for you ROI calcs. Something like 0.000032 BTC per MHs per Day.
The other factors not considered in ROI calcs are these:

Residual Value (ask a Titan or A2 owner, A4's and L3's will retain 30%-40% in 2 years).
Increase in coin value. I mine and only sell enough to pay for electricity, so I have BTC that I mined with my A2's in 2015 that have returned a 400% profit today. When do you want your ROI? Every week, or in 3 years time?

Sorry made all my real money in crypto mining LTC at 1.80 when everyone else left and then dumped at 3.80....what you get on multipools at least in the past does
not compare with above...now it looks like it is happening again with LTC thus....most times I pull the trigger on such it works out just fine....

also don't pay the 5% fee use litecoinpool (free with 3% bonus at 103%) and have titans multipools have that old pesky 2% error rate..admittedl that is not that big an issue
(maybe) with the L3 unlike my knc titans.

There are many ways to draw water from the same well...but we will see if it holds true in the future....

But yeah...raito LTC to BTC kinda sucked price wise etc..but ratio of LTC to BTC even at the pump was more or less the same between mainly 0.00407 or so and 0.004500 or so
IF LTC gets back above say 0.005 to btc and stays there I will stick with it..but again I move LTC to BTC in mass ..for those cashing out to $$$ multipool is probably the way
to go...but for just hording purposes (unless LTC goes all weird again) it works well when all the folk go to multipools..and ltc network decreases (ie more coin)

we will see ..no idea if you are correct or me..but the game I'm comfortable playing with (yet) (thou jitters this last month)

my real hope is IF we have bunch of machines hit LTC in difficulty it will act like a mess of Cheerleaders pumping LTC and crypto mining in general like in 2013..lots of noise

(hell I'll probably be multipooling as you state next week but a guy can dream)

[FlensGold]

I might be interestet in buying one (or more) L3 Miners, but where should I buy them? Aliexpress starts at 2100 USD while eastshore.xyz offerst them for ~1900 USD (incl. shipping to Europe), but I do not know if they are legit.
Does anyone have had experience with them or do you know better (trustable) offers?
Thank you!

[Longsnowsm]

I have been holding off reporting anything about Eastshore.xyz.  I do have an order in with them for an L3.  However until that unit shows up I would suggest to wait.  So far the communication from them has been good.  I just received a tracking number from them for my order which is supposed to ship today.  I should know in a few days if everything is legit. 

Should be here by the end of the week possibly.  I can give you guys a status update as soon as it shows up.  So far it looks promising.   

[Deep In The Mines LLC]

I might be interestet in buying one (or more) L3 Miners, but where should I buy them? Aliexpress starts at 2100 USD while eastshore.xyz offerst them for ~1900 USD (incl. shipping to Europe), but I do not know if they are legit.
Does anyone have had experience with them or do you know better (trustable) offers?
Thank you!

If your interested we can also do $1900 including shipping to match eastshores prices.

[Eyedol-X]

I might be interestet in buying one (or more) L3 Miners, but where should I buy them? Aliexpress starts at 2100 USD while eastshore.xyz offerst them for ~1900 USD (incl. shipping to Europe), but I do not know if they are legit.
Does anyone have had experience with them or do you know better (trustable) offers?
Thank you!

If your interested we can also do $1900 including shipping to match eastshores prices.

What payment options would you accept for this price point?

[Deep In The Mines LLC]

I might be interestet in buying one (or more) L3 Miners, but where should I buy them? Aliexpress starts at 2100 USD while eastshore.xyz offerst them for ~1900 USD (incl. shipping to Europe), but I do not know if they are legit.
Does anyone have had experience with them or do you know better (trustable) offers?
Thank you!

If your interested we can also do $1900 including shipping to match eastshores prices.

What payment options would you accept for this price point?

We would accept BTC/LTC for this price.

[FlensGold]

I might be interestet in buying one (or more) L3 Miners, but where should I buy them? Aliexpress starts at 2100 USD while eastshore.xyz offerst them for ~1900 USD (incl. shipping to Europe), but I do not know if they are legit.
Does anyone have had experience with them or do you know better (trustable) offers?
Thank you!

If your interested we can also do $1900 including shipping to match eastshores prices.

Sorry, just calculated again with the correct shipping country (Germany). The total price I would have to pay is 1748 USD. Would you be able to compete with that? And if so, how do I know if I can trust you? (do not want to insult, you just have no trust)
Greetings