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Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 284375 times)
CryptoCrane
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August 08, 2017, 12:57:24 PM
 #1621

My own view is Bitmain will continue to pump out L3+'s month to month till they again get to Bitmain's warm and fuzzy 12-15 month ROI again. (evil tm bitmain)

Lol? How does a 12-15 month ROI make Bitmain evil (or even greedy)? Any other investment opportunity with those types of quick returns would be killed for. Most people who like cryptocurrencies also like the idea of a free market - in which price is dictated by supply and demand. I would argue that Bitmain has been seriously underpricing their products for years or else there wouldn't be such a vibrant resale market and they wouldn't sell out so fast. Sounds like the opposite of evil to me. Perhaps we are the ones who are being greedy by seeking to enrich ourselves faster. There sure are a lot of rocks getting thrown in this glass house  Tongue

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madmartyk
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August 08, 2017, 12:58:54 PM
 #1622

wooooooooooohooooooooo ... first batch of 16 L3+ miners arriving this friday!!

What was your ship date on the order?  Early Aug, or Late Aug?

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August 08, 2017, 01:10:57 PM
 #1623

My own view is Bitmain will continue to pump out L3+'s month to month till they again get to Bitmain's warm and fuzzy 12-15 month ROI again. (evil tm bitmain)

Lol? How does a 12-15 month ROI make Bitmain evil (or even greedy)? Any other investment opportunity with those types of quick returns would be killed for. Most people who like cryptocurrencies also like the idea of a free market - in which price is dictated by supply and demand. I would argue that Bitmain has been seriously underpricing their products for years or else there wouldn't be such a vibrant resale market and they wouldn't sell out so fast. Sounds like the opposite of evil to me. Perhaps we are the ones who are being greedy by seeking to enrich ourselves faster. There sure are a lot of rocks getting thrown in this glass house  Tongue

They started selling the L3+ for 1200usd and later raised the price to ~2k usd. Nothing changed about the technology they were selling or they didn't start shipping out faster. You know what changed? The price of ltc and the return made from mining it. So yes, they ARE greedy.

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August 08, 2017, 01:12:29 PM
 #1624

Well from my previous posts...it looks like NO L3+ units will be sold in the wee hours of China at our time of 4 am. (China Time 5pm CDT)

They seem??  to be only selling the Antminer D3 X11 miners then

Unless they drop the price again..it is unlikely I will get any..myself

anyway a heads up ..that I don't think the L3+'s are dumping on THAT day at least.

(the ways of bitmain are mysterious to me)


They sure love to keep us on our toes don't they?? Sometimes I find it fun, and other times I go insane. I still like them the best of all ASIC manufacturers.

You only live once....if you do it right, once is enough.

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August 08, 2017, 01:13:13 PM
 #1625

wooooooooooohooooooooo ... first batch of 16 L3+ miners arriving this friday!!

What was your ship date on the order?  Early Aug, or Late Aug?

Ordered 25th May ... was expected delivery 15th to 25th August when I originally placed order

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August 08, 2017, 01:13:54 PM
 #1626

My own view is Bitmain will continue to pump out L3+'s month to month till they again get to Bitmain's warm and fuzzy 12-15 month ROI again. (evil tm bitmain)

Lol? How does a 12-15 month ROI make Bitmain evil (or even greedy)? Any other investment opportunity with those types of quick returns would be killed for. Most people who like cryptocurrencies also like the idea of a free market - in which price is dictated by supply and demand. I would argue that Bitmain has been seriously underpricing their products for years or else there wouldn't be such a vibrant resale market and they wouldn't sell out so fast. Sounds like the opposite of evil to me. Perhaps we are the ones who are being greedy by seeking to enrich ourselves faster. There sure are a lot of rocks getting thrown in this glass house  Tongue

They started selling the L3+ for 1200usd and later raised the price to ~2k usd. Nothing changed about the technology they were selling or they didn't start shipping out faster. You know what changed? The price of ltc and the return made from mining it. So yes, they ARE greedy.
Or maybe....just maybe, smart business practitioners.

You only live once....if you do it right, once is enough.

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
CryptoCrane
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August 08, 2017, 01:20:08 PM
 #1627

My own view is Bitmain will continue to pump out L3+'s month to month till they again get to Bitmain's warm and fuzzy 12-15 month ROI again. (evil tm bitmain)

Lol? How does a 12-15 month ROI make Bitmain evil (or even greedy)? Any other investment opportunity with those types of quick returns would be killed for. Most people who like cryptocurrencies also like the idea of a free market - in which price is dictated by supply and demand. I would argue that Bitmain has been seriously underpricing their products for years or else there wouldn't be such a vibrant resale market and they wouldn't sell out so fast. Sounds like the opposite of evil to me. Perhaps we are the ones who are being greedy by seeking to enrich ourselves faster. There sure are a lot of rocks getting thrown in this glass house  Tongue

They started selling the L3+ for 1200usd and later raised the price to ~2k usd. Nothing changed about the technology they were selling or they didn't start shipping out faster. You know what changed? The price of ltc and the return made from mining it. So yes, they ARE greedy.

I'm curious if you would think better of them had they started at $3k and dropped to $2k. If so, then you have just identified the logical fallacy you're falling victim to. Rather than asking if $2k is the right balance between supply/demand, you are comparing an arbitrary value to another arbitrary value and then judging a for-profit company for having the audacity to make a profit. It sounds like people are just salty that they missed out on better pricing. I know I would be way happier with $1200/L3+, but I don't get upset with Bitmain for doing what they do. That would be silly.

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August 08, 2017, 01:23:35 PM
 #1628

wooooooooooohooooooooo ... first batch of 16 L3+ miners arriving this friday!!

What was your ship date on the order?  Early Aug, or Late Aug?

Ordered 25th May ... was expected delivery 15th to 25th August when I originally placed order

That is strange, mine is Shipping: Aug 28-Sep 12 but yet I got this in E-Mail this morning.


Dear customer,

We are pleased to inform you that we have now started shipment of the batch, which was supposed to ship out after Aug 1st, on a “first paid, first ship” basis.

We would like you to receive your shipment promptly and prepare well for custom clearance to avoid delays or additional costs.

Once the order is shipped out, the invoice and tracking number will be sent to you automatically by email, which is a sign of the start of your shipment.

If you have any questions regarding the shipment, please feel free to contact us at the email address below. We’re looking forward to working with you to resolve this shipment as soon as possible.

Please let us know via support.bitmain.com if you have additional questions or concerns.

Wish you a wonderful mining experience!

Best Regards,

Bitmain team


I'm not expecting shipping for a couple more weeks.

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August 08, 2017, 01:39:51 PM
 #1629

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?
madmartyk
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August 08, 2017, 01:47:02 PM
 #1630

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?

Search for Amitylabs on E-Bay.  I have 2 of their 2450W PS waiting for my L3+'s  I ran them on my R4's for a while, worked great.

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August 08, 2017, 01:54:23 PM
 #1631

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?

Search for Amitylabs on E-Bay.  I have 2 of their 2450W PS waiting for my L3+'s  I ran them on my R4's for a while, worked great.

thanks just a stupid question wht aren't using EVGA or other known brand?
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August 08, 2017, 01:55:29 PM
 #1632

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?
EVGA....so awesome....SO expensive!!

You only live once....if you do it right, once is enough.

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
madmartyk
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August 08, 2017, 01:58:07 PM
 #1633

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?
EVGA....so awesome....SO expensive!!

Ditto...  and the server supply (they are HPs) work great!!

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August 08, 2017, 02:21:42 PM
 #1634

I have created a support ticket through bitmain, but I don't expect any reply for awhile.

This order was only for a single PSU and L3+, the PSU is scheduled for delivery today but the miner still shows in China with the Export Documentation missing or incomplete message. I called UPS yesterday and they said it was scheduled for Import to USA yesterday and to reach out to the shipper to resolve the documentation issue.  Don't know what gives with this order, never had issues in the past. Guess I have to wait for UPS or bitmain to figure something out. Very annoying.

I am looking for advice on my latest order. I received notification my miner has shipped but UPS shows it is stuck in China due to "Missing or Incomplete Export Documents, they are working to obtain this information"

I have never had this issue before, but it has been awhile since ordering from bitmain.

Any idea what this means or any action I need to take to resolve?

Any input would be greatly appreciated.

edit - I live in the US

I had that happen with mine.  I had to call UPS 4 times.

First they said that everything is fine.  Second call they said I had to provide a taxpayer ID number for the import.  Third call they said I had to pay an import brokerage fee of $18 per miner, but that they couldn't take my payment because that department was closed for the day.  Fourth call they took my payment, but when the driver showed up he still insisted on collecting the fee again (check only, no cash, no cards) before handing the packages over.  The whole mess took like 9 days.

Next order I'll use DHL for sure.
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August 08, 2017, 03:13:49 PM
 #1635

same here.. might be some early investor backed out of a large deal...? anyway still happy to hear this..

wooooooooooohooooooooo ... first batch of 16 L3+ miners arriving this friday!!

What was your ship date on the order?  Early Aug, or Late Aug?

Ordered 25th May ... was expected delivery 15th to 25th August when I originally placed order

That is strange, mine is Shipping: Aug 28-Sep 12 but yet I got this in E-Mail this morning.


Dear customer,

We are pleased to inform you that we have now started shipment of the batch, which was supposed to ship out after Aug 1st, on a “first paid, first ship” basis.

We would like you to receive your shipment promptly and prepare well for custom clearance to avoid delays or additional costs.

Once the order is shipped out, the invoice and tracking number will be sent to you automatically by email, which is a sign of the start of your shipment.

If you have any questions regarding the shipment, please feel free to contact us at the email address below. We’re looking forward to working with you to resolve this shipment as soon as possible.

Please let us know via support.bitmain.com if you have additional questions or concerns.

Wish you a wonderful mining experience!

Best Regards,

Bitmain team


I'm not expecting shipping for a couple more weeks.
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August 08, 2017, 03:17:10 PM
 #1636

same here.. might be some early investor backed out of a large deal...? anyway still happy to hear this..

wooooooooooohooooooooo ... first batch of 16 L3+ miners arriving this friday!!

What was your ship date on the order?  Early Aug, or Late Aug?

Ordered 25th May ... was expected delivery 15th to 25th August when I originally placed order

That is strange, mine is Shipping: Aug 28-Sep 12 but yet I got this in E-Mail this morning.


Dear customer,

We are pleased to inform you that we have now started shipment of the batch, which was supposed to ship out after Aug 1st, on a “first paid, first ship” basis.

We would like you to receive your shipment promptly and prepare well for custom clearance to avoid delays or additional costs.

Once the order is shipped out, the invoice and tracking number will be sent to you automatically by email, which is a sign of the start of your shipment.

If you have any questions regarding the shipment, please feel free to contact us at the email address below. We’re looking forward to working with you to resolve this shipment as soon as possible.

Please let us know via support.bitmain.com if you have additional questions or concerns.

Wish you a wonderful mining experience!

Best Regards,

Bitmain team


I'm not expecting shipping for a couple more weeks.
does that mean it is not profitable for Bitmain to use our machines anymore? the difficulty is going to explode!! what do you think?
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August 08, 2017, 03:25:39 PM
 #1637

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?

Search for Amitylabs on E-Bay.  I have 2 of their 2450W PS waiting for my L3+'s  I ran them on my R4's for a while, worked great.

How loud are these server PS?  Are they crazy loud like the 2880?

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madmartyk
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August 08, 2017, 03:31:01 PM
 #1638

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?

Search for Amitylabs on E-Bay.  I have 2 of their 2450W PS waiting for my L3+'s  I ran them on my R4's for a while, worked great.

How loud are these server PS?  Are they crazy loud like the 2880?

No worse then the S9's I have running, the little fans do have a high pitch whine though..  In Sept they are going to hosting!!  So quiet back in the basement!!

generalt
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August 08, 2017, 03:37:04 PM
 #1639

Need advice on the PSU please to use on L3+ other than Bitmain...can we use EVGA or Corsair?

Search for Amitylabs on E-Bay.  I have 2 of their 2450W PS waiting for my L3+'s  I ran them on my R4's for a while, worked great.

How loud are these server PS?  Are they crazy loud like the 2880?

No worse then the S9's I have running, the little fans do have a high pitch whine though..  In Sept they are going to hosting!!  So quiet back in the basement!!

Thanks for the info.  I'm ok with the low pitched drum noise, but the high pitch fans really get to me for some reason.

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August 08, 2017, 03:37:55 PM
 #1640

I also received the same email from Bitmain.  I wasn't expecting my miners to ship until end of Aug/begin of Sept.  So this is a surprise. 
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