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Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 284393 times)
bomberb17
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March 23, 2018, 01:25:11 PM
 #4001

I'd say what is my 'thumb rule' with almost all asics, below 90C to avoid miner failure and below 80C for longer life time.

okay then at  the under clock my gear is great.

I should have ordered these sooner.

6 of them is only 6 x 725 = 4350 watts

at the underclock  of freq 344
  
fans set to 35%  running at 2,640 and 3,540  this is bearable.

I can run six of them on a single  30 amp pdu  as 24 x 240 = 5760 watts  and I will be at 4350 watts




Why would you underclock them, if they are very stable OC?

I run mine on 580-590mh for months without a problem so far. Just saying, temps are under 65°C, Fan speed 95% or so, nothing to complain about Smiley

Maybe for better power efficiency and/or lower ambient temperature it is worth to underclock it.
I have mine running in a tiny room and ambient temperature rises quickly, which in turns rises the temperatures of the miner.
At stock frequency I had around 70-75 degrees for the highest temp Chip, which while it is under 80 it is not good for its life time.
Now I underclocked at 350 where I also get around 455Mh/s and the highest chip temp is around 60-65.
Fans set at 3300rpm (wont go higher because of noise).
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Searing
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March 23, 2018, 06:46:11 PM
 #4002

well fire sale on bitmain L3+'s...

I figure with shipping at the $1270....so I figure shipping and customs...call it $1,400 (is that high?)

-$200 buck coupon

$1,200 in that I'm at 50% tax rate (41% with state taxes,soc sec, etc...other 9% I set aside for health insurance..deductable as self-employed ..ie mining)

that makes it $600 in real $$$ not set aside for the tax man and above...

with 25% equip deduction off taxes I know I will pay this year (real $$$ to tax man needed for this....you don't pay in . it don't work)

so $600 -$300 equip deduction off taxes 2018 = $300 is my REAL gamble in $$$ for getting one of these.....hmmmmm


still don't see it as worthwhile..using crypto to purchase...but maybe if I sold some crapy stuff I may die with, that is in the attic, for fiat...it COULD be worth it on a price pump of LTC

because I'm bored and want equipment...


hmmmm..... pondering.....sleeping with the devil (bimain again)


naw...unless I sell some crap maybe..that I likely will die with anyway..from the attic....for those that are getting these...holding crypto (LTC) or not....we need a price pump to keep these

beasties going

past units or future units.....that's the hope anyway...price pump or doorstops by August 2018 is what I figure....hmmmmm

of course being bitmain..and having a 'fire sale' and 'coupons' they likely know something we don't.....(its a trap!)

Bitmain: It is always a trap! (tm bitmain)

hmmmmm


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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March 23, 2018, 07:49:29 PM
 #4003

Man, I hear you!!  I have been toying with the idea of picking a few up.  Throw them on a solo pool and roll the dice.

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March 23, 2018, 09:24:58 PM
 #4004

Man, I hear you!!  I have been toying with the idea of picking a few up.  Throw them on a solo pool and roll the dice.

I have no Balls.....however...I know a guy who has too many (just got them) ...unsure what he paid...but with my 'ABOVE LOGIC' (previous above post on this thread)

maybe a 'hedge' for me is to take one off his hands (see previous post calculations) and a hedge for him, in that he may have too many

We are friends...MIGHT give ONE to me, for what he got them for...IF he sees the need for this 'hedge' from his direction

other than that ..it is Bitmain (thus a trap!)

(why do I feel this convoluted logic is simply my way to 'fall off the wagon' (in a small way) back into my ASIC Addiction?

on the other hand ....he is an 'optimistic sort' and got them (unlike me) ...so probably will tell me to 'p*ss off'

hmmmm


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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March 23, 2018, 11:57:42 PM
 #4005

Man, I hear you!!  I have been toying with the idea of picking a few up.  Throw them on a solo pool and roll the dice.

I have no Balls.....however...I know a guy who has too many (just got them) ...unsure what he paid...but with my 'ABOVE LOGIC' (previous above post on this thread)

maybe a 'hedge' for me is to take one off his hands (see previous post calculations) and a hedge for him, in that he may have too many

We are friends...MIGHT give ONE to me, for what he got them for...IF he sees the need for this 'hedge' from his direction

other than that ..it is Bitmain (thus a trap!)

(why do I feel this convoluted logic is simply my way to 'fall off the wagon' (in a small way) back into my ASIC Addiction?

on the other hand ....he is an 'optimistic sort' and got them (unlike me) ...so probably will tell me to 'p*ss off'

hmmmm



you talking bout me Grin

 I may order a 7th

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 24, 2018, 05:08:58 PM
 #4006

Man, I hear you!!  I have been toying with the idea of picking a few up.  Throw them on a solo pool and roll the dice.

I have no Balls.....however...I know a guy who has too many (just got them) ...unsure what he paid...but with my 'ABOVE LOGIC' (previous above post on this thread)

maybe a 'hedge' for me is to take one off his hands (see previous post calculations) and a hedge for him, in that he may have too many

We are friends...MIGHT give ONE to me, for what he got them for...IF he sees the need for this 'hedge' from his direction

other than that ..it is Bitmain (thus a trap!)

(why do I feel this convoluted logic is simply my way to 'fall off the wagon' (in a small way) back into my ASIC Addiction?

on the other hand ....he is an 'optimistic sort' and got them (unlike me) ...so probably will tell me to 'p*ss off'

hmmmm



you talking bout me Grin

 I may order a 7th


NOPE! (trying to resist temptation!)

On the other hand, the buddy I talk about above has them IN HAND and maybe I could get them more or less what he ordered
them for...I guess it depends on if he thinks he has too many (tummy hurts) and modestly wants to swap one out to me...

all very iffy....(again, I think it is me basically using 'flawed logic' to get an ASIC miner, due to my ASIC addiction...this is just a manner for someone to 'enable' my delusion....)


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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March 28, 2018, 05:49:02 AM
Last edit: March 28, 2018, 12:04:47 PM by Sandal_Hat
 #4007

Man, I hear you!!  I have been toying with the idea of picking a few up.  Throw them on a solo pool and roll the dice.

I have no Balls.....however...I know a guy who has too many (just got them) ...unsure what he paid...but with my 'ABOVE LOGIC' (previous above post on this thread)

maybe a 'hedge' for me is to take one off his hands (see previous post calculations) and a hedge for him, in that he may have too many

We are friends...MIGHT give ONE to me, for what he got them for...IF he sees the need for this 'hedge' from his direction

other than that ..it is Bitmain (thus a trap!)

(why do I feel this convoluted logic is simply my way to 'fall off the wagon' (in a small way) back into my ASIC Addiction?

on the other hand ....he is an 'optimistic sort' and got them (unlike me) ...so probably will tell me to 'p*ss off'

hmmmm



you talking bout me Grin

 I may order a 7th


NOPE! (trying to resist temptation!)

On the other hand, the buddy I talk about above has them IN HAND and maybe I could get them more or less what he ordered
them for...I guess it depends on if he thinks he has too many (tummy hurts) and modestly wants to swap one out to me...

all very iffy....(again, I think it is me basically using 'flawed logic' to get an ASIC miner, due to my ASIC addiction...this is just a manner for someone to 'enable' my delusion....)



It is now even cheaper at 855, down from 1200. Those bought at 1200 thought they got a good deal. It would have been better to buy now. This is bad. It reminds me of the D3 again. No one wins at the end of this. The L3+ and S9 can be the new D3 if they keep doing this price lowering and flooding. Difficulty will go through the roof...
I hope our dear bitmain looks after previous buyers interests too. Pls dont over do it.

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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March 28, 2018, 06:52:42 AM
 #4008

glad i stood pat , they are flooding the market with cheap miners

bad time to buy, im stayung on the sidelines still
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March 28, 2018, 07:44:14 AM
 #4009

You make $5 / day profit without electricity cost

L3+ it became an premium doorstop also
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March 28, 2018, 08:28:19 AM
 #4010

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?
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March 28, 2018, 10:02:06 AM
 #4011

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.
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March 28, 2018, 11:52:33 AM
 #4012

Probably Bitmain is going to release a new SCrypt miner by spring/summer. And this L3+ will be totally useless.

But don't forget that this is a SCRYPT miner and not an LTC only miner. You can make more money mining the right coin rather than leaving it on LTC only.

Innosilico is for sure a better deal now and more future proof.
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March 28, 2018, 11:58:45 AM
Last edit: March 28, 2018, 12:19:14 PM by Sandal_Hat
 #4013

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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March 28, 2018, 01:29:42 PM
 #4014

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents
Bitmain is sending a definite signal that they are clearing their inventory in preparation for release of new technology. The legacy units are now only useful to those with huge scale and minimum electricity costs. To say the l3+ will be "useless" is just plain stupid. Although it will be, to all the stunned morons that piled into mining in the last 4 months at record ASIC and Crypto highs. Time to cull the herd.

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

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
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March 28, 2018, 02:52:10 PM
 #4015

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents
Bitmain is sending a definite signal that they are clearing their inventory in preparation for release of new technology. The legacy units are now only useful to those with huge scale and minimum electricity costs. To say the l3+ will be "useless" is just plain stupid. Although it will be, to all the stunned morons that piled into mining in the last 4 months at record ASIC and Crypto highs. Time to cull the herd.

If it gets to that point, I hope u realize that L3 miners will run the miner even if it makes 10 bucks a month and some will run it even if it makes a small loss. At that point, the lower cost miners will only be making say 20-30 bucks a month, not much either. The cost gap between running at 5 cents and 10 cents electricity rate is only 30 USD per month per miner. There is no winner really. This is the case with the D3 now. Lets not forget the lower cost miners also do have rental and staff cost unlike home miners. Hmmm I now see someone posting that they even run S9 at a loss in the S9 thread. Seems some dont mind running it at a small loss since they like it or something.

Just my 2 cents

Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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March 28, 2018, 03:33:02 PM
 #4016

there up for about 800usd minus coupon of about 400$ they've been giving away recently.
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March 28, 2018, 03:36:14 PM
Last edit: March 28, 2018, 03:46:54 PM by philipma1957
 #4017

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents
Bitmain is sending a definite signal that they are clearing their inventory in preparation for release of new technology. The legacy units are now only useful to those with huge scale and minimum electricity costs. To say the l3+ will be "useless" is just plain stupid. Although it will be, to all the stunned morons that piled into mining in the last 4 months at record ASIC and Crypto highs. Time to cull the herd.

If it gets to that point, I hope u realize that L3 miners will run the miner even if it makes 10 bucks a month and some will run it even if it makes a small loss. At that point, the lower cost miners will only be making say 20-30 bucks a month, not much either. The cost gap between running at 5 cents and 10 cents electricity rate is only 30 USD per month per miner. There is no winner really. This is the case with the D3 now. Lets not forget the lower cost miners also do have rental and staff cost unlike home miners. Hmmm I now see someone posting that they even run S9 at a loss in the S9 thread. Seems some dont mind running it at a small loss since they like it or something.

Just my 2 cents



 If they  sell 100,000 units  that  only makes network jump from 160,000gh to 210,000gh

DATE................DIFFICULTY.......CHANGE.....HASH RATE
Mar 21 2018___5,721,231_____-0.86%____163,817 GH/s
Mar 17 2018___5,771,050_____   1.75%____165,243 GH/s
Mar 14 2018___5,671,972_____   2.79%____162,406 GH/s
Mar 10 2018___5,517,835_____   1.32%____157,993 GH/s

https://bitcoinwisdom.com/litecoin/difficulty


This is nothing like the D3  the scales were far different.

I purchase a 7th today.  I just don't see the network  growing  that much.

I don't think  there are 100,000 L3+s to sell.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 28, 2018, 04:12:30 PM
 #4018

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents
Bitmain is sending a definite signal that they are clearing their inventory in preparation for release of new technology. The legacy units are now only useful to those with huge scale and minimum electricity costs. To say the l3+ will be "useless" is just plain stupid. Although it will be, to all the stunned morons that piled into mining in the last 4 months at record ASIC and Crypto highs. Time to cull the herd.

If it gets to that point, I hope u realize that L3 miners will run the miner even if it makes 10 bucks a month and some will run it even if it makes a small loss. At that point, the lower cost miners will only be making say 20-30 bucks a month, not much either. The cost gap between running at 5 cents and 10 cents electricity rate is only 30 USD per month per miner. There is no winner really. This is the case with the D3 now. Lets not forget the lower cost miners also do have rental and staff cost unlike home miners. Hmmm I now see someone posting that they even run S9 at a loss in the S9 thread. Seems some dont mind running it at a small loss since they like it or something.

Just my 2 cents



 If they  sell 100,000 units  that  only makes network jump from 160,000gh to 210,000gh

DATE................DIFFICULTY.......CHANGE.....HASH RATE
Mar 21 2018___5,721,231_____-0.86%____163,817 GH/s
Mar 17 2018___5,771,050_____   1.75%____165,243 GH/s
Mar 14 2018___5,671,972_____   2.79%____162,406 GH/s
Mar 10 2018___5,517,835_____   1.32%____157,993 GH/s

https://bitcoinwisdom.com/litecoin/difficulty


This is nothing like the D3  the scales were far different.

I purchase a 7th today.  I just don't see the network  growing  that much.

I don't think  there are 100,000 L3+s to sell.

I do not know how much they will sell or if your calculations are correct but litecoin difficulty is 4 million on 1st Feb 2018 and it is 6.12 million now, less than 2 months later.
It has increased by 50% in less than 2 months and this is without cheaper mining equipment prices. It will get worse with cheaper miner prices.

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March 28, 2018, 04:34:04 PM
 #4019

I bought some too against my better judgement. My outlook is bleak but after coupons i paid $650.00 per L3+ including shipping. That's one rock solid little unit so at that price, it's worth a try. Definitely saving most bullets for next tech. Keep in mind the massive outlier of Lightning Network. If that effort takes hold, this stuff will blow the roof off. There is better than a 50/50 Chance that can happen in 2018. It's always darkest before the dawn.

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

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
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March 28, 2018, 08:15:55 PM
Last edit: March 28, 2018, 08:28:36 PM by Searing
 #4020

I bought some too against my better judgement. My outlook is bleak but after coupons i paid $650.00 per L3+ including shipping. That's one rock solid little unit so at that price, it's worth a try. Definitely saving most bullets for next tech. Keep in mind the massive outlier of Lightning Network. If that effort takes hold, this stuff will blow the roof off. There is better than a 50/50 Chance that can happen in 2018. It's always darkest before the dawn.

Yep, that is my bet also..grumpy though it makes me....I"ve too much dubious LISK ..that would be very sucseptable to a price dump of BTC and all crypto....thus

my hedge below...I don't like it...but again at my risk of needing to make $250 a unit to break even AFTER electric...I too figure it is maybe a bit more than 50/50 odds in my case.

(again see below posting) ...but we are all essentially betting (even if just like me in a small part) on Unicorn dreams/ fariydust/ rainbows/ and nubile women.....odds are long...

most likely senario is price goes sideways...and all this equipment I get will just be a 'wash' oranges for oranges ..when the mining pukes...but hey, you know what they say:



dump or pump...chump or champ...we will see!

brad

Wow, super bargain price. Any rumor on next generation of scrypt miner from Bitmain ?

Also have similar concerns...L3+ price keep dumping. Or maybe it just because of competition agains Innosilicon A4, A6 miners.

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents
Bitmain is sending a definite signal that they are clearing their inventory in preparation for release of new technology. The legacy units are now only useful to those with huge scale and minimum electricity costs. To say the l3+ will be "useless" is just plain stupid. Although it will be, to all the stunned morons that piled into mining in the last 4 months at record ASIC and Crypto highs. Time to cull the herd.

I got some...(or trying to thru a buddy) L3+'s but with coupons and my tax rate and the equip deduction my REAL risk is only $250 a unit...also paying in LISK which I have a mess of

and if the price does tank in crypto...like all alts that will tank more...so whatever ...this hedge on equip or hedge on holding alts/btc...IF price stays sideways ..whatever 'mixture'

I choose (with above coupons/equip deductions/ etc) it is likely a wash...again if price goes sideways.....IF price dumps for BTC and worse for alts...then we are all screwed and

all this won't matter anyway...whatever the above mixture of equip vs alts thing I'm doing...of course if price eventually rises and you can HODL some crypto...well hell..that's

the bet on this sideways drama of price and likely only doing oranges (equip) for oranges (weak crypto) etc

A NORMAL guy without the above ...will ONLY have coupons (maybe) and the 25% equipment deduction their risk could be as high as 75% in real money (unlike me with my tax rate)

so be aware of the difference I'm at with all this and where you may be on all this angle wise...just the way it is...also remember this 50% to tax man with state is off my

CURRENT mining income...I stop mining and this goes away...so for right now my hedge on this equip risk is pretty damn low...assuming mining of any kind hangs together...

Anyway, if crypto mining is DONE ...then I got equipment for deductions ONE STEP TOO FAR...which is pretty much how I always expected it to end.....IF price of crypto goes

sideways for say months..MAYBE I can pretend it is 2015 and just be grumpy and HODL a lot of crypto/LTC or whatever....and of course if price dumps and difficulty cranks up

even more....well all this won't matter anyway.....and I'll wrap the works up ..mining wise by July 2018 at best anyway...

anyway, as a HEDGE, with the altcoins I'm gonna use vs the rest of the risk out there..it is kinda a wash in my case...even less risk if you are in my boat and have the $450

coupons...so I expect a lot of big whales with the $450 coupons to come out and play in bitmain land (or likely boobytrap land)

Also, I expect this stuff to all sell out quick and probably we are not gonna see any ASIC's anymore ...till as some say new equip by bitmain or the summer sometime at best...

my frigging 'guess' and risk/ratio!

you roll the dice, you take the risk!

brad

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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