Bitmain released a new Litecoin/Dogecoin L7

[Daltonik]

Colin Wu publishes a photo from the Bitman presentation and reports that on June 19, Bitmain released a new Litecoin/Dogecoin L7 mining machine with a hashrate of 9500MH/s and 3425 W, which is equivalent to 19 sets of L3+, and the price is $15,000. On the official website of bitman there is no information about the device yet.

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[philipma1957]

Colin Wu publishes a photo from the Bitman presentation and reports that on June 19, Bitmain released a new Litecoin/Dogecoin L7 mining machine with a hashrate of 9500MH/s and 3425 W, which is equivalent to 19 sets of L3+, and the price is $15,000. On the official website of bitman there is no information about the device yet.

hmm very efficient.

19 x 800 = 15200 watts. price i own them zero

1 x 3425= 3425 watts price 15000


so I would be spending 15 x 24= 360 kwatts vs 3.4 x 24 = 82 kwatts

I save 280 maybe 300 kwatts at 5 cents that is 15 a day.

so it will take 15 x 1000 = 15000  

1000 days to save power cost.

I do not expect to buy at 15000
but will look into it when price drops.

ltc hashrate https://www.coinwarz.com/mining/litecoin/hashrate-chart is 274

doge hashrate

https://www.coinwarz.com/mining/dogecoin/hashrate-chart is 317


lets clock this as this gear should really alter hashrate.

[batsonxl]

woow 10Ghs in 1 machine...

[HagssFIN]

As it is model L7, Ithink it is quite clear that they have had model L5 miners mining for themself only.
It never saw daylight in the public market.

With the current DOGE hype, I guess it has been very profitable choice for Bitmain. But bad for the network, as a huge amount of bitmain_only_L5's centralizes the mining a lot.

I'm surprised about the long life time for the L3+ and that they only now release the next public model.

[Metroid]

bitmain has been getting ready for sometime to scam people before this bullscam ends. They will soon release many asic miners for most popular coins, but first they will pump this scam once more before everything go to hehell, they always do this, do not lose the opportunity to sell high for the last time, these high prices will not last like before, more likely few days before hehell, be wise trolls, do not hold the bag for the next 4 years or so.

[philipma1957]

bitmain has been getting ready for sometime to scam people before this bullscam ends. They will soon release many asic miners for most popular coins, but first they will pump this scam once more before everything go to hehell, they always do this, do not lose the opportunity to sell high for the last time, these high prices will not last like before, more likely few days before hehell, be wise trolls, do not hold the bag for the next 4 years or so.

While you may believe that.  I suggest that you need to clock the network.
So did they shut off a lot of l3+ and l5+ and will turn on l7 for their clouds and not sell to public.

it looks like they shut off 140th or

2 x .5 = 1 gh
20 = 10gh
200 = 100gh
2000 = 1th
280000 = 140th. so  280,000 l3+ turned off or a mix of l3+ and l5

the coins pay bigly.

so  280,000/20 = 14000 l7's

and they save big power.

network jumps to 410th from current 275 th

My guess is they do this.
They do not sell many of these at all to the public.

This time is different then 2017/2018

look at their cloud mining deals. huge big ass contract.
they mine so much in the cloud sell us the gear will be delayed.

make note they announced the Eth asic miner but they are not selling it.

[Daltonik]

Bitman has decided to temporarily stop selling mining equipment to maintain the price due to the suppression of mining by the Chinese authorities, coindesk reports, citing Bloomberg. https://www.coindesk.com/bitmain-bitcoin-mining-china-sales-mining-machines   https://www.bloomberg.com/news/articles/2021-06-23/world-s-top-bitcoin-mining-rig-maker-halts-sales-as-clients-flee?sref=3REHEaVI

[swogerino]

Bitman has decided to temporarily stop selling mining equipment to maintain the price due to the suppression of mining by the Chinese authorities, coindesk reports, citing Bloomberg. https://www.coindesk.com/bitmain-bitcoin-mining-china-sales-mining-machines   https://www.bloomberg.com/news/articles/2021-06-23/world-s-top-bitcoin-mining-rig-maker-halts-sales-as-clients-flee?sref=3REHEaVI

That is until they relocate which I think will happen soon as there is a lot of money to be made from the ASICS for them.I never suggest to anyone to buy an ASIC as they don't work for a long time,strange thing with L3+ though.I am afraid to buy this new device from them as ship date is November 2021 so who knows how the network difficulty and price of Litecoin changes until then.It can be a super deal or it can be the worst deal ever someone makes based on outside factors like network hashrate,difficulty and price of the coin.

[Daltonik]

The relocation of miners can be significantly accelerated, as Bitmain, at a meeting with customers in Sichuan Province, shared information about the organization of business abroad and offered assistance, Bitmain announced this in WeChat. https://mp.weixin.qq.com/s/xM_UYQy5WXXfufvUoV-ZPw

 In addition, journalist Colin Wu drew attention to the fact that the cloud mining platform BitDeer, which previously belonged to the company, is promoting the Antbox solution. It is claimed that its use reduces the construction time of farms by 50%.