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Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 284393 times)
madmartyk
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April 20, 2018, 03:23:53 PM
 #4161

Any news on L5?

i think we might see a bitcoin miner before a litecoin miner. with the constant changes to prices and stocks by bitmain I feel we are very close to a new release

You won't see anything new until all the old shit is sold off

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April 20, 2018, 03:45:02 PM
 #4162

Or search for latest blissz firmware.
Easy overclocking and lower power usage.

I am at 570mhz and still 800watt

Can you tell me your frequenzy as well as voltage?

I tried to tweak around but it did not make a lot of change to it. My one miner is running again (bitmains firmware suddenly stoped working and a re-flash did nothing)

Bu I get 900W or so at the same Mh output


My frequency  is 438 and 7 volt.
I do get hw errors, but it is 1 in 5 min.
Bitmain told that it is allowed to have 1 per minute.
So it should be fine.
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April 20, 2018, 03:46:55 PM
 #4163

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same
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April 21, 2018, 10:57:29 AM
 #4164

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same

That mean some sleeping miner come alive so although the price is up but there are more mouth to feed

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April 21, 2018, 02:15:10 PM
 #4165

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same

That mean some sleeping miner come alive so although the price is up but there are more mouth to feed
Because there are so many S9's being plugged in across the world that the price appreciation in BTC and BCH have barely moved profits. Sign of the times. Just wait....there are many many more S9's coming online from the "corporate miners". The bodies of small and medium miners will soon be stinking up the landscape. The irony is palpable. The greatest decentralized protocol is being destroyed by hierarchical corporate greed and scum. Same flies.....different shit.

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April 21, 2018, 04:06:14 PM
 #4166

Anybody know how much longer Bitmain will be selling the L3+. It seems at some point these miners will be worthless if they coninue to sell them for too long. There needs to be a limit.
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April 21, 2018, 05:25:17 PM
Merited by suchmoon (1)
 #4167

Anybody know how much longer Bitmain will be selling the L3+. It seems at some point these miners will be worthless if they coninue to sell them for too long. There needs to be a limit.

Bitmain knows no limit on selling hardware (ie toasters) ...as an example I give you the D3 x11 miner they still have for sale for $311 usd.

If you got one of those from the below calculator (the specs say 970 watts actual watts on my pair was 1200 watts FYI)

so using their 'dubious' 970 watts at 12c kwh and 17gh hash rate from their specs page

https://shop.bitmain.com/product/detail?pid=00020180413233339727zU4TasAy06DF

this DASH calculator  https://www.cryptocompare.com/mining/calculator/dash?HashingPower=&HashingUnit=MH%2Fs&PowerConsumption=140&CostPerkWh=0.12&MiningPoolFee=1

Gives me this below:

https://www.cryptocompare.com/mining/calculator/dash?HashingPower=17&HashingUnit=MH%2Fs&PowerConsumption=970&CostPerkWh=0.12&MiningPoolFee=1

-$2.79 per day and $83.67 per month LOSS

So yeah, being evil and all, they really can just pump them out as useless bricks to the uniformed...

on a 'side note' of evilness by Bitmain...the adoption of Bitcoin Cash (BCH) seems SO lame ..that they have to burn some (see below)

https://www.ccn.com/bitmain-will-burn-12-of-bitcoin-cash-tx-fees-calls-on-other-miners-to-follow-suit/

From what I can tell that is one way to get around 'not enough adoption' of BCH!

(evil: busy, busy) (tm: Bitmain)


So to stay on point for this post and thread...YES, THEY REALLY CAN JUST SELL L3+'S TILL WAY PAST ANY POSSIBILITY OF ROI.....

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April 22, 2018, 07:17:48 AM
 #4168

Anybody know how much longer Bitmain will be selling the L3+. It seems at some point these miners will be worthless if they coninue to sell them for too long. There needs to be a limit.

Bitmain knows no limit on selling hardware (ie toasters) ...as an example I give you the D3 x11 miner they still have for sale for $311 usd.

If you got one of those from the below calculator (the specs say 970 watts actual watts on my pair was 1200 watts FYI)

so using their 'dubious' 970 watts at 12c kwh and 17gh hash rate from their specs page

https://shop.bitmain.com/product/detail?pid=00020180413233339727zU4TasAy06DF

this DASH calculator  https://www.cryptocompare.com/mining/calculator/dash?HashingPower=&HashingUnit=MH%2Fs&PowerConsumption=140&CostPerkWh=0.12&MiningPoolFee=1

Gives me this below:

https://www.cryptocompare.com/mining/calculator/dash?HashingPower=17&HashingUnit=MH%2Fs&PowerConsumption=970&CostPerkWh=0.12&MiningPoolFee=1

-$2.79 per day and $83.67 per month LOSS

So yeah, being evil and all, they really can just pump them out as useless bricks to the uniformed...

on a 'side note' of evilness by Bitmain...the adoption of Bitcoin Cash (BCH) seems SO lame ..that they have to burn some (see below)

https://www.ccn.com/bitmain-will-burn-12-of-bitcoin-cash-tx-fees-calls-on-other-miners-to-follow-suit/

From what I can tell that is one way to get around 'not enough adoption' of BCH!

(evil: busy, busy) (tm: Bitmain)


So to stay on point for this post and thread...YES, THEY REALLY CAN JUST SELL L3+'S TILL WAY PAST ANY POSSIBILITY OF ROI.....


They can build a bitmain tower in China using D3 bricks ...they have so many
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April 22, 2018, 07:27:35 PM
 #4169

Replying to this thread so that I am subscribed to it.
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April 23, 2018, 03:44:57 AM
 #4170

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same

That mean some sleeping miner come alive so although the price is up but there are more mouth to feed
Because there are so many S9's being plugged in across the world that the price appreciation in BTC and BCH have barely moved profits. Sign of the times. Just wait....there are many many more S9's coming online from the "corporate miners". The bodies of small and medium miners will soon be stinking up the landscape. The irony is palpable. The greatest decentralized protocol is being destroyed by hierarchical corporate greed and scum. Same flies.....different shit.

Corporates coming in is fine. The problem is if it gets controlled by a handful of corporates. This would mean the prospect of a 51% attack is real. Bloomberg made a story about this also. The problem is that if news that it has occurred and mining is centralized among a few players, that means a 51% attack is possible and just the news could crash bitcoin. Problem is we are all hodlers...

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April 23, 2018, 04:14:59 AM
 #4171

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same

That mean some sleeping miner come alive so although the price is up but there are more mouth to feed
Because there are so many S9's being plugged in across the world that the price appreciation in BTC and BCH have barely moved profits. Sign of the times. Just wait....there are many many more S9's coming online from the "corporate miners". The bodies of small and medium miners will soon be stinking up the landscape. The irony is palpable. The greatest decentralized protocol is being destroyed by hierarchical corporate greed and scum. Same flies.....different shit.

Corporates coming in is fine. The problem is if it gets controlled by a handful of corporates. This would mean the prospect of a 51% attack is real. Bloomberg made a story about this also. The problem is that if news that it has occurred and mining is centralized among a few players, that means a 51% attack is possible and just the news could crash bitcoin. Problem is we are all hodlers...

I wouldn't worry so much about corporates. They are pretty incompetent and unknowledgeable when it comes to crypto blockchains. Remember that Kodak tried to offer their own bitcoin mining ASICs which were simply a rebranding of bitmain ASICs? Until crypto matures and blockchain developers become a regular job, corporations probably won't have any real technical capability to harm the current ecosystem we have.

 
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April 23, 2018, 04:44:20 AM
 #4172

..<snip>
Remember that Kodak tried to offer their own bitcoin mining ASICs which were simply a rebranding of bitmain ASICs?

Wrong. Kodak rebranded WhatsMiner M3 miners as their own 'Kodak KashMiner' miners.

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April 23, 2018, 10:09:11 AM
 #4173

I also saw prices are increasing.
All miners exept the S9. Theire prices are still the same

That mean some sleeping miner come alive so although the price is up but there are more mouth to feed
Because there are so many S9's being plugged in across the world that the price appreciation in BTC and BCH have barely moved profits. Sign of the times. Just wait....there are many many more S9's coming online from the "corporate miners". The bodies of small and medium miners will soon be stinking up the landscape. The irony is palpable. The greatest decentralized protocol is being destroyed by hierarchical corporate greed and scum. Same flies.....different shit.

Corporates coming in is fine. The problem is if it gets controlled by a handful of corporates. This would mean the prospect of a 51% attack is real. Bloomberg made a story about this also. The problem is that if news that it has occurred and mining is centralized among a few players, that means a 51% attack is possible and just the news could crash bitcoin. Problem is we are all hodlers...

I wouldn't worry so much about corporates. They are pretty incompetent and unknowledgeable when it comes to crypto blockchains. Remember that Kodak tried to offer their own bitcoin mining ASICs which were simply a rebranding of bitmain ASICs? Until crypto matures and blockchain developers become a regular job, corporations probably won't have any real technical capability to harm the current ecosystem we have.

Yeah that kodak proposition was crappy and shady.
What i mean is if the top few big miners control more than 51% of mining capacity and news appears in news articles about it --> Bitcoin can crash just basis the news. No attack has to occur yet. There are alot of banks who especially dont like crypto and will not make good comments about it.

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April 23, 2018, 07:17:59 PM
 #4174

L3+ is coming to the doorstop Era  Grin Grin Grin

I've had mine for around 8 months and it took me a little over 2 months to get my money back.

 Grin

How is that possible?

he had it 8 months ago when difficulty was much much lower....I also got my L3+'s last summer...thus no issue on ROI then Smiley


There was a 10 day period in December when Litecoin total network hashrate (and the resulting difficulty increases) nearly DOUBLED.
I've still not seen a good explanation for that - there is almost NO hashrate in anything else Scrypt (ignore the "merge mined" coins like DOGE as their hashrate IS the Litecoin hashrate for the most part).
The price went crazy shortly after that, or that jump ALONE would have killed profitability on anything older than the L3/A4 generation even at super-low electric cost.


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April 23, 2018, 08:06:27 PM
 #4175

Network hashrate has been skyrocketing in the last few days as I suspect this latest batch of cheap L3’s are coming online. Difficulty about to jump another 8% or so in a few hours.
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April 23, 2018, 10:03:11 PM
 #4176

Network hashrate has been skyrocketing in the last few days as I suspect this latest batch of cheap L3’s are coming online. Difficulty about to jump another 8% or so in a few hours.
I'm positive that Bitmain is feeding the "next release" technology into their own mines. They are mining at higher levels of profitability on the more efficient units. They always do this. Once they've devoured all the creme off the top, they'll release them to us poor saps to gobble the crumbs.

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

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April 23, 2018, 11:22:51 PM
 #4177

This l3++ is possibly just going to have the same specs as current overclocked/ under volted units.

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April 24, 2018, 04:02:49 AM
Merited by suchmoon (2)
 #4178

Network hashrate has been skyrocketing in the last few days as I suspect this latest batch of cheap L3’s are coming online. Difficulty about to jump another 8% or so in a few hours.

https://www.coinwarz.com/difficulty-charts/litecoin-difficulty-chart

Difficulty was 7.1 a week ago and now 8.3. That is a 14% increase.
Difficulty was 5.7 a month ago and now it is 8.3. That is a 31% increase.


Increase of difficulty in 1.1 in a week is madness. Total difficulty is 8.3 now.
That means that in just 8 weeks, we can possibly add 8.8 increase in difficulty....which is higher than the current 8.3.

If mining difficulty double, that means the litecoin amount mined is halved.
Litecoin price has to double to enable miners to mine at same profitability, if difficulty were to double.


If litecoin price does double, u make 100% gains by buying and holding ltc. If u were mining, u will be mining at higher profitability for awhile, and in just 8 weeks, mining difficulty can go back up to lower your profitability back to the same levels as before.


However, it is unlikely litecoin difficulty will go up at same pace since litecoin mining equipment price has increased now.
Still, there is too much asic production capacity.


So, lets hope no new stronger machines and no new asic manufacturer appear because we have too much asic production capacity as it is.
I dont understand why some people want more asic manufacturers and more healthy competition lol because competition leads to lower asic prices and far higher increases in mining difficulty as we have just seen. This leads to those at the bottom of the food chain, aka miners, earning far less lol.


This is the same for other algorithms currently.

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April 24, 2018, 04:53:43 AM
 #4179

Network hashrate has been skyrocketing in the last few days as I suspect this latest batch of cheap L3’s are coming online. Difficulty about to jump another 8% or so in a few hours.

https://www.coinwarz.com/difficulty-charts/litecoin-difficulty-chart

Difficulty was 7.1 a week ago and now 8.3. That is a 14% increase.
Difficulty was 5.7 a month ago and now it is 8.3. That is a 31% increase.


Increase of difficulty in 1.1 in a week is madness. Total difficulty is 8.3 now.
That means that in just 8 weeks, we can possibly add 8.8 increase in difficulty....which is higher than the current 8.3.

If mining difficulty double, that means the litecoin amount mined is halved.
Litecoin price has to double to enable miners to mine at same profitability, if difficulty were to double.


If litecoin price does double, u make 100% gains by buying and holding ltc. If u were mining, u will be mining at higher profitability for awhile, and in just 8 weeks, mining difficulty can go back up to lower your profitability back to the same levels as before.


However, it is unlikely litecoin difficulty will go up at same pace since litecoin mining equipment price has increased now.
Still, there is too much asic production capacity.


So, lets hope no new stronger machines and no new asic manufacturer appear because we have too much asic production capacity as it is.
I dont understand why some people want more asic manufacturers and more healthy competition lol because competition leads to lower asic prices and far higher increases in mining difficulty as we have just seen. This leads to those at the bottom of the food chain, aka miners, earning far less lol.


This is the same for other algorithms currently.


Finally, someone who speaks my language. I cant read the Anti-Bitmain-We-Need-More-Producers-And-The-World-Will-Be-Perfect  Posts  Roll Eyes

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April 24, 2018, 11:10:34 AM
 #4180

Yep, hopefully no more new competition. There is no need for a stronger arms race when the amount to be earned is limited.

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