Bitcoin Forum
April 14, 2021, 08:58:17 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 224 »
  Print  
Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 284355 times)
cashen
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
May 08, 2017, 04:19:10 PM
 #341

These are really easy to setup. I guess after setting 5 x 7gpu rigs this is really plug and play.

They are loud though. It is like a tunnel noise.

are they suppose to be only 10mbit ethernet?
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1618433897
Hero Member
*
Offline Offline

Posts: 1618433897

View Profile Personal Message (Offline)

Ignore
1618433897
Reply with quote  #2

1618433897
Report to moderator
cashen
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
May 08, 2017, 04:26:27 PM
 #342

How do the pools setup work? why are there 3? does it switch?




What is the frequency?


DebitMe
Legendary
*
Offline Offline

Activity: 2352
Merit: 1008


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 08, 2017, 05:49:03 PM
 #343

How do the pools setup work? why are there 3? does it switch?

https://i.imgur.com/S9e2qNG.png


What is the frequency?
https://i.imgur.com/EQWnoKu.png



You set the pools in the configuration tab, you can set up to 3 pools.  If your first pool goes down, the miner will automatically switch to the 2nd pool, if that pool goes down it switches to the 3rd pool.  Its just in case the poolside has a problem so you can still mine to another pool.

The frequency sets the chip frequency, which will change the hashing speed.  Not really a good idea to play with that unless you know what your doing.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Ryancope123
Sr. Member
****
Offline Offline

Activity: 277
Merit: 250


View Profile
May 08, 2017, 05:58:32 PM
 #344

Hi again guys Smiley

Following this thread very closely!

Does anybody know if the bitmain PSU works with a UK plug/voltages passively?
Also, i have 1 miner coming in the July batch, but the price of lite coin seems to be steadily rising each day, what are people's thoughts on buying another ? do you think it's risky?

Thanks for the help in advance  Smiley

crypticj
Sr. Member
****
Offline Offline

Activity: 603
Merit: 251



View Profile
May 08, 2017, 06:19:28 PM
 #345

Hi again guys Smiley

Following this thread very closely!

Does anybody know if the bitmain PSU works with a UK plug/voltages passively?
Also, i have 1 miner coming in the July batch, but the price of lite coin seems to be steadily rising each day, what are people's thoughts on buying another ? do you think it's risky?

Thanks for the help in advance  Smiley

Its risky like anything since july is almost 85-90 days away.

BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀ ▀█████▄
██████ ▄█▄ ██████
██████ █████ ██████
█████ ▄ ███ ▄ █████
████▌▐██ █ ██▌▐████
███▄ ▀▀▌ ▐▀▀ ▄███
▀████▄▄ ▄▄████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
suchmoon
Legendary
*
Offline Offline

Activity: 2646
Merit: 6272


https://bpip.org


View Profile WWW
May 08, 2017, 06:32:23 PM
 #346

Hi again guys Smiley

Following this thread very closely!

Does anybody know if the bitmain PSU works with a UK plug/voltages passively?
Also, i have 1 miner coming in the July batch, but the price of lite coin seems to be steadily rising each day, what are people's thoughts on buying another ? do you think it's risky?

Thanks for the help in advance  Smiley

Not sure what "passively" means, but the PSU comes without a power cord and it supports up to 264V so it should work as long as you have the proper cord (C13 on the PSU end).

As for risk, as I've mentioned before - if you expect LTC to rise then just buy LTC. If anything, the rise of LTC can drive the difficulty too high to make ROI on a miner.

However if you're not too sure about the rise, want a hedge, expect LTC to stay flat or decline (but not too much), buying a miner might make sense depending on how you estimate difficulty for the next 3-6 months.

Ryancope123
Sr. Member
****
Offline Offline

Activity: 277
Merit: 250


View Profile
May 08, 2017, 08:34:33 PM
 #347

Hi again guys Smiley

Following this thread very closely!

Does anybody know if the bitmain PSU works with a UK plug/voltages passively?
Also, i have 1 miner coming in the July batch, but the price of lite coin seems to be steadily rising each day, what are people's thoughts on buying another ? do you think it's risky?

Thanks for the help in advance  Smiley

Not sure what "passively" means, but the PSU comes without a power cord and it supports up to 264V so it should work as long as you have the proper cord (C13 on the PSU end).

As for risk, as I've mentioned before - if you expect LTC to rise then just buy LTC. If anything, the rise of LTC can drive the difficulty too high to make ROI on a miner.

However if you're not too sure about the rise, want a hedge, expect LTC to stay flat or decline (but not too much), buying a miner might make sense depending on how you estimate difficulty for the next 3-6 months.

Thanks for all the help guys appreciate it Smiley

I think i will play it safe or safe as i want to play it with just the one miner, how many years have you guys been mining if you don't mind me asking and do you do it full time ?

I kinda let the boat sail with LTC years ago and regret it really...

cashen
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
May 08, 2017, 08:38:05 PM
 #348

Is there an easy way to switch pool other than updating the miner config section
edonkey
Legendary
*
Offline Offline

Activity: 1150
Merit: 1004



View Profile
May 09, 2017, 12:31:58 AM
 #349

Is there an easy way to switch pool other than updating the miner config section

If you're looking for a way to manage a lot of miners, you could consider running a stratum proxy. In each miner you'd set the first pool to point at your proxy, with backup pools in case the proxy goes down.

This way you can change the pools in the proxy and all the miners will mine to it.

Was I helpful?   BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
cashen
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
May 09, 2017, 12:48:35 AM
 #350

Is there an easy way to switch pool other than updating the miner config section

If you're looking for a way to manage a lot of miners, you could consider running a stratum proxy. In each miner you'd set the first pool to point at your proxy, with backup pools in case the proxy goes down.

This way you can change the pools in the proxy and all the miners will mine to it.

Thank you. I will search the forum on how to do this.

Thanks again.

If anyone else is interested I found this post helpful. https://bitcointalk.org/index.php?topic=123228.msg1325004#msg1325004
Bulletdodger
Sr. Member
****
Offline Offline

Activity: 337
Merit: 250



View Profile
May 09, 2017, 01:19:36 PM
 #351

Hi guys,
I'm selling the original Bitmain APW3 PSU (1600W), not used, I got it with my L3, but I use platinum PC PSU (saves me some Watts),
the PSU is like 1 month old and it's just sitting in my house.

I will NOT ship to US, because it would literally cost around $80 to ship it from southeast Europe (unless there is some Yank willing to pay for that too).
So any of you from Europe or Middle East interested (or Africa I guess Cheesy ), drop me a PM please.

tnx

_
jstefanop
Legendary
*
Offline Offline

Activity: 1760
Merit: 1291


View Profile
May 09, 2017, 05:00:33 PM
 #352


but in truth they probably want to own the scrypt-pow network like bitcoin mining network to the point it is only profitable to them to mine in their

own data halls....but anyway my views on this (befuddled thou they are) Sad



They already own it 1 month after selling the L3+. All the chinese pools which are more or less controlled/under the influence of bitmain account for 80+% of the hashrate currently.

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
LTC:LX5vpxrQE4eLRLPobKwZhw2comkKFCh3p4 - BTC:14w9Lea6kdVzspJk8TQRe7qSYu9LhzJJsh
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2786
Merit: 1422


Clueless!


View Profile
May 09, 2017, 06:32:37 PM
 #353


but in truth they probably want to own the scrypt-pow network like bitcoin mining network to the point it is only profitable to them to mine in their

own data halls....but anyway my views on this (befuddled thou they are) Sad



They already own it 1 month after selling the L3+. All the chinese pools which are more or less controlled/under the influence of bitmain account for 80+% of the hashrate currently.

That is where I'm confused. Why are they pumping equip to consumers, say 1/3 of stuff. And imho
1/3 hashnet cloud mining and 1/3 their data halls, if all difficulty is shooting up? Whizzing in their
own difficulty pool.

If they went full evil, they would limit equip now. All gone. Only supply and mine
Themselves keeping difficulty flat and make all those $$$ on their data halls and only
Offer hashnet to the world with inlated prices?

Why are they not controlling the flow of difficulty and supply?

Instead of a sprinkler to water the lawn, they are using a firehouse

I mean this is evil 101 for crying out loud

(I hate shoddy evil workmanship. Show some pride already)

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!:)
bittawm
Legendary
*
Offline Offline

Activity: 1819
Merit: 1066



View Profile
May 09, 2017, 07:46:55 PM
 #354

https://bitcointalk.org/index.php?topic=1908467.0


L3+ MAY SHIPPING $3500USD

Rent my sig space. PM me
QuintLeo
Legendary
*
Offline Offline

Activity: 1498
Merit: 1028


View Profile
May 09, 2017, 08:50:03 PM
 #355

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.



I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
wck
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
May 09, 2017, 11:18:45 PM
 #356

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.




I just sold my L3 hash on hashnest for over 0.29 LTC / MH ... that works out to over the $3500 L3 miner at LTC prices this morning.   If the market is there it isn't ripping people off.   People don't have to buy and people don't have to sell for low prices.   
crypticj
Sr. Member
****
Offline Offline

Activity: 603
Merit: 251



View Profile
May 09, 2017, 11:38:35 PM
 #357

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.




I just sold my L3 hash on hashnest for over 0.29 LTC / MH ... that works out to over the $3500 L3 miner at LTC prices this morning.   If the market is there it isn't ripping people off.   People don't have to buy and people don't have to sell for low prices.   

I agree i think $3500 are justified... to be honest I also sold half my hash for 0.2949999 Mhs/LTC recuperated my intital $1900 investment left with 268Mh/s i think i will just let it run to mine some LTC as LTC just broke through $34 on Gdax and it looks like $50 is possible.

BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀ ▀█████▄
██████ ▄█▄ ██████
██████ █████ ██████
█████ ▄ ███ ▄ █████
████▌▐██ █ ██▌▐████
███▄ ▀▀▌ ▐▀▀ ▄███
▀████▄▄ ▄▄████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2786
Merit: 1422


Clueless!


View Profile
May 10, 2017, 04:39:57 AM
 #358

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.




I just sold my L3 hash on hashnest for over 0.29 LTC / MH ... that works out to over the $3500 L3 miner at LTC prices this morning.   If the market is there it isn't ripping people off.   People don't have to buy and people don't have to sell for low prices.  

I agree i think $3500 are justified... to be honest I also sold half my hash for 0.2949999 Mhs/LTC recuperated my intital $1900 investment left with 268Mh/s i think i will just let it run to mine some LTC as LTC just broke through $34 on Gdax and it looks like $50 is possible.


me I just mine at 25% off the expected taxes I would have to pay on income I get off 100% off gross income ..again 25% off equipment in real $$$ saved I would have had to pay
the IRS...I just run them down to doorstops....it works quite well actually (2015 not so much) but still Smiley

so a 1370 may 15th order of 4 is (not including shipping I forget what that was) so say 1370 x 4 =   $5580.00 usd at 25% off is = $ 1370 savings x 75% ...so...in my case that is buy 4 get one FREE vs what I can mine out of them...I'm good Smiley and again legal miner USA paying income tax to IRS...but hell this works dandy Smiley

whatever...cost of doing business...if you can get the equipment at the right time and coin pumps that is Smiley

IT is not very complicated (ducks...hey don't throw stuff at me in the thread!)

 Dumb and lucky..sometimes it is just dumb and lucky wins the race Smiley




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!:)
crypticj
Sr. Member
****
Offline Offline

Activity: 603
Merit: 251



View Profile
May 10, 2017, 05:12:09 AM
 #359

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.




I just sold my L3 hash on hashnest for over 0.29 LTC / MH ... that works out to over the $3500 L3 miner at LTC prices this morning.   If the market is there it isn't ripping people off.   People don't have to buy and people don't have to sell for low prices.  

I agree i think $3500 are justified... to be honest I also sold half my hash for 0.2949999 Mhs/LTC recuperated my intital $1900 investment left with 268Mh/s i think i will just let it run to mine some LTC as LTC just broke through $34 on Gdax and it looks like $50 is possible.


me I just mine at 25% off the expected taxes I would have to pay on income I get off 100% off gross income ..again 25% off equipment in real $$$ saved I would have had to pay
the IRS...I just run them down to doorstops....it works quite well actually (2015 not so much) but still Smiley

so a 1370 may 15th order of 4 is (not including shipping I forget what that was) so say 1370 x 4 =   $5580.00 usd at 25% off is = $ 1370 savings x 75% ...so...in my case that is buy 4 get one FREE vs what I can mine out of them...I'm good Smiley and again legal miner USA paying income tax to IRS...but hell this works dandy Smiley

whatever...cost of doing business...if you can get the equipment at the right time and coin pumps that is Smiley

IT is not very complicated (ducks...hey don't throw stuff at me in the thread!)

 Dumb and lucky..sometimes it is just dumb and lucky wins the race Smiley





Yup Dumb and Lucky in my case. I am so glad I did sell it at 0.29499 LTC per Mh its back down to 0.25 LTC per Mh I can buy it all back cheaper almost 80% of the value I paid.

Naah going to stick with my initial assesment hedge your bets diversify and de-risk.

To make my decision on whether to sell the Hash Rate I created a Model on Excel here I will share it.

https://docs.google.com/spreadsheets/d/10zdrYw3G1iworRHH25ncmLFOs6u6jSjfnrN9Dvr_ZYI/edit#gid=0


photos upload


BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀ ▀█████▄
██████ ▄█▄ ██████
██████ █████ ██████
█████ ▄ ███ ▄ █████
████▌▐██ █ ██▌▐████
███▄ ▀▀▌ ▐▀▀ ▄███
▀████▄▄ ▄▄████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2786
Merit: 1422


Clueless!


View Profile
May 10, 2017, 07:15:08 AM
 #360

How do the pools setup work? why are there 3? does it switch?


 Bitmain has traditionally used a "rollover" setup on pools, so that if pool 0 is down the miner will use pool 1 and if pools 0 and 1 are both down it will use pool 2.
 They normally autoswitch back to a lower pool number when it comes up, IME with the S5, but it might take several seconds to a minute to do so when it does so.


 IMO those folks asking $3500 are way high on their price - I could see charging $2000 as a "available now" surcharge but IMO $3500 is a blatant eBay-level ripoff.




I just sold my L3 hash on hashnest for over 0.29 LTC / MH ... that works out to over the $3500 L3 miner at LTC prices this morning.   If the market is there it isn't ripping people off.   People don't have to buy and people don't have to sell for low prices.  

I agree i think $3500 are justified... to be honest I also sold half my hash for 0.2949999 Mhs/LTC recuperated my intital $1900 investment left with 268Mh/s i think i will just let it run to mine some LTC as LTC just broke through $34 on Gdax and it looks like $50 is possible.


me I just mine at 25% off the expected taxes I would have to pay on income I get off 100% off gross income ..again 25% off equipment in real $$$ saved I would have had to pay
the IRS...I just run them down to doorstops....it works quite well actually (2015 not so much) but still Smiley

so a 1370 may 15th order of 4 is (not including shipping I forget what that was) so say 1370 x 4 =   $5580.00 usd at 25% off is = $ 1370 savings x 75% ...so...in my case that is buy 4 get one FREE vs what I can mine out of them...I'm good Smiley and again legal miner USA paying income tax to IRS...but hell this works dandy Smiley

whatever...cost of doing business...if you can get the equipment at the right time and coin pumps that is Smiley

IT is not very complicated (ducks...hey don't throw stuff at me in the thread!)

 Dumb and lucky..sometimes it is just dumb and lucky wins the race Smiley





Yup Dumb and Lucky in my case. I am so glad I did sell it at 0.29499 LTC per Mh its back down to 0.25 LTC per Mh I can buy it all back cheaper almost 80% of the value I paid.

Naah going to stick with my initial assesment hedge your bets diversify and de-risk.

To make my decision on whether to sell the Hash Rate I created a Model on Excel here I will share it.

https://docs.google.com/spreadsheets/d/10zdrYw3G1iworRHH25ncmLFOs6u6jSjfnrN9Dvr_ZYI/edit#gid=0


photos upload




The biggest change now on future equipment is on how I do the calculations. Before if I though LTC say was gonna double, I'd buy a bitmain unit
or so the logic goes....go with the gut but trust the math.

Now however, say that LTC went up to $50 per LTC ..... with bitmain pulling a 'firmware problem' the last time the coin went up 4x and/or with
seg witness..what is to stop them from saying the same thing and have a 'firmware error' if my 1 left coming July batch L3+ arriving 6 weeks late
while they mine with it!!!!

I had 8 L3's on April 1st or so...thru eastshore...eastshore said they 'literally' we're pulling them out of the trucks in bitmain's lot...I got 4 and they
took 4 back...and of course BTC limbo to get the coin back....firmware problem my ass......(also told by april 15th users that got L3+'s after
the firmware error was fixed the firmware was still dated Jan 2017)

So ...not sure...the frigging math has changed...large gains in coin price now means bitmain can just frigging do as they wish it seems...I'll
have to take that into consideration.I wonder if LTC hits $50-$75 bucks if I will even see my last L3+ on a July purchase....this could be
rinse/wash/repeat

AS for my evil wish

If they would just stop selling miners..mine themselves and just offer hashnet..I could live with that Smiley I mean really ..if you are gonna do
evil do it correctly....no pride in their work...wizzing in their own pool driving difficulty up....look at knc they took pre-orders on Neptune btc miners
in 2015 with customers money..filled up their data halls and mined them 5-6 months..then shipped the Neptune's late..and the owners got maybe
1/4 of the price back before they were door stops....completely screwed..and knc WON the court case against them too boot!

Bitmain has ...no pride in 'evil work' anymore...I blame the need to watch internet cats.... Smiley Not enough time to concentrate on doing evil well. Sad


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!:)
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 224 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!