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Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 264046 times)
Sandal_Hat
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March 28, 2018, 02:52:10 PM
 #4021

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
 #4022

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
 #4023

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 mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Sandal_Hat
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March 28, 2018, 04:12:30 PM
 #4024

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.

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, 04:34:04 PM
 #4025

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
Searing
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March 28, 2018, 08:15:55 PM
 #4026

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














 

 

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BenRickert
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March 28, 2018, 08:57:54 PM
 #4027

Notice ALL coupons expire no later than June 30 2018. I suspect a 10 or 12 NM announcement shortly after. NO WAY Bitmain is taking coupons for the new units.

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 29, 2018, 06:23:52 AM
 #4028

I've enjoyed reading all of your feedback about the L3+ price drop. Still, I'd like to get another one or two. I have one now set up on solar power so, low electricity cost, but would like to expand a little. Even with the price drop, I'm still a little short with shipping, power supply, and customs. So, upon advice from mining whale friend of mine, I came to ask, hat in hand, if any of you big dogs have a Bitmain coupon that you can't/won't use and would be willing to part with?
If, like BenRickert I could get it down to $650ish, I'd be thrilled! Fingers crossed XX.
Thank you!

.

I think u have better luck trying to get a 350 or 420 dollar coupon at higher prices. Check the marketplace.

Notice ALL coupons expire no later than June 30 2018. I suspect a 10 or 12 NM announcement shortly after. NO WAY Bitmain is taking coupons for the new units.

I dont think they would do that so fast. That would be very bad for previous L3+ customers. L3+ is only on 28nm, thus a 14/16nm is more than enough. A 14/16nm should be 3 times stronger I believe.

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
BenRickert
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March 29, 2018, 12:54:14 PM
 #4029

I've enjoyed reading all of your feedback about the L3+ price drop. Still, I'd like to get another one or two. I have one now set up on solar power so, low electricity cost, but would like to expand a little. Even with the price drop, I'm still a little short with shipping, power supply, and customs. So, upon advice from mining whale friend of mine, I came to ask, hat in hand, if any of you big dogs have a Bitmain coupon that you can't/won't use and would be willing to part with?
If, like BenRickert I could get it down to $650ish, I'd be thrilled! Fingers crossed XX.
Thank you!

.

I think u have better luck trying to get a 350 or 420 dollar coupon at higher prices. Check the marketplace.

Notice ALL coupons expire no later than June 30 2018. I suspect a 10 or 12 NM announcement shortly after. NO WAY Bitmain is taking coupons for the new units.

I dont think they would do that so fast. That would be very bad for previous L3+ customers. L3+ is only on 28nm, thus a 14/16nm is more than enough. A 14/16nm should be 3 times stronger I believe.
I'm just not all that convinced they care. Scypt diff just went through the roof again. I'm pretty sure Bitmain is already running the next Gen.

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 29, 2018, 12:55:16 PM
 #4030

Oh so I bit the big one and bought 4 more L3+'s.  For 4 units the coupons actually covered more than just the shipping!

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Cryptocurrency for community good ☻☺!
 Join the AIRDROP via Discord HERE




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BenRickert
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March 29, 2018, 01:08:04 PM
 #4031

Oh so I bit the big one and bought 4 more L3+'s.  For 4 units the coupons actually covered more than just the shipping!
It ain't pretty right now, but I had to do it. Things can change fast in this new world of ours. I predict a US stock market/Real estate crash and a Lightning network implementation for 2018. We'll see then.

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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March 29, 2018, 01:26:41 PM
 #4032

Oh so I bit the big one and bought 4 more L3+'s.  For 4 units the coupons actually covered more than just the shipping!
It ain't pretty right now, but I had to do it. Things can change fast in this new world of ours. I predict a US stock market/Real estate crash and a Lightning network implementation for 2018. We'll see then.

Well I have 3 days (bank transfer).  So if I get smart I can just let it expire.

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TRAW




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Cryptocurrency for community good ☻☺!
 Join the AIRDROP via Discord HERE




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March 29, 2018, 02:15:16 PM
 #4033

If someone is interested, here is a custom L3+ firmware by Russian hackers.  Cool I am not an author, so I'm not responsible for anything related to this firmware.

2% devfee. Independent parameters adjustment for each board.

My hashrate with ASIC voltage 8:


Firmware itself: https://yadi.sk/d/6-o2TLBJ3Tsvk2

Looks like you should keep the frequency as high as possible, and ASIC voltage should be as low as possible. Keep an eye on HW errors.

From Siberia with love!
Never do any business with Kirill Stepanenko (Volgograd, Russia)
Профессионально занимаюсь развёртыванием ферм (ASIC, GPU, BURST), оборудованием помещений для майнинга.
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March 29, 2018, 05:53:16 PM
 #4034

If someone is interested, here is a custom L3+ firmware by Russian hackers.  Cool I am not an author, so I'm not responsible for anything related to this firmware.

2% devfee. Independent parameters adjustment for each board.

My hashrate with ASIC voltage 8:


Firmware itself: https://yadi.sk/d/6-o2TLBJ3Tsvk2

Looks like you should keep the frequency as high as possible, and ASIC voltage should be as low as possible. Keep an eye on HW errors.

In my experience the L3+ is the most "overclockable" miner in history. They stay very stable at some pretty heady frequencies. Don't really need any outside programs??

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 29, 2018, 07:59:30 PM
 #4035

If someone is interested, here is a custom L3+ firmware by Russian hackers.  Cool I am not an author, so I'm not responsible for anything related to this firmware.

2% devfee. Independent parameters adjustment for each board.

My hashrate with ASIC voltage 8:


Firmware itself: https://yadi.sk/d/6-o2TLBJ3Tsvk2

Looks like you should keep the frequency as high as possible, and ASIC voltage should be as low as possible. Keep an eye on HW errors.


very interesting! What forum is that?
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March 29, 2018, 08:05:42 PM
 #4036

Is there a thread about that custom firmware here at the Bitcointalk forum or at the Bits.media forum (Russian forum) ?

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March 30, 2018, 01:38:21 AM
 #4037

Is there a thread about that custom firmware here at the Bitcointalk forum or at the Bits.media forum (Russian forum) ?

AFAIK no. This FW has been shared in Telegram channel https://t.me/Asic_Group

In my experience the L3+ is the most "overclockable" miner in history. They stay very stable at some pretty heady frequencies. Don't really need any outside programs??
This FW should make power consupmtion lower when the miner is overclocked. Unfortunately I have nothing to measure it...

From Siberia with love!
Never do any business with Kirill Stepanenko (Volgograd, Russia)
Профессионально занимаюсь развёртыванием ферм (ASIC, GPU, BURST), оборудованием помещений для майнинга.
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March 30, 2018, 06:18:41 AM
 #4038

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

Better buy LTC at $110 and wait for the summer pump at $300-$400 better bet and not so much risk
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March 30, 2018, 12:46:51 PM
 #4039

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

Better buy LTC at $110 and wait for the summer pump at $300-$400 better bet and not so much risk
No the risk is....it goes to $50.00. It also doesn't provide any daily income or ability to enhance yield through
Hedging and Swaps. Your idea is called speculation. Ours is a business. Yours is a linear approach. Ours is multi faceted. You only have one way to make money. I have 6-10.

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

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
jstefanop
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March 30, 2018, 03:36:07 PM
Merited by mindrust (5)
 #4040

haha looks like bitmain is finally starting to squirm a little after extracting billions from everyone. They are issuing coupons and dropping prices like crazy. Just got a bunch of $350 coupons this morning.

Hopefully they will be stuck with a shit ton of excess stock, and get screwed with 100's of millions in 7-10nm chips for bitcoin and 16nm for Litecoin that they wont be able to sell at the crazy prices they were hoping for this summer.

www.AriseChickun.com 0% fee segwit signaling Litecoin Pool!
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
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