Difficulty Destroyed These Profits Not Price | Antminer L3+ Profitability

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  • Опубліковано 2 лис 2024

КОМЕНТАРІ • 57

  • @RabidMining
    @RabidMining  2 роки тому +2

    Difficulty Can Hurt A Coin Worse Then A Price Dip Thoughts On This?

    • @pushman69
      @pushman69 2 роки тому

      my doge coin went from 140 per day down to 110. this started back in fall. Also the halving estimate was kind of close to bitcoin, now its 300 days apart. i feel so bad for anyone who bought the l7 and didnt even receive them yet.

    • @coffeecryptoconstruction2582
      @coffeecryptoconstruction2582 2 роки тому +1

      Definitely what's ur thoughts on a m31 or m32 for under$5000 each

    • @RabidMining
      @RabidMining  2 роки тому +1

      Not sure will have to look into then and see.

    • @MasterToe
      @MasterToe 2 роки тому +1

      Have you considered using a coin switching pool such as Prohashing or Zergpool? There are several coins that use Scrypt and LTC may not be the most profitable. Using Prohashing, you can monitor electrical use and daily profit on the graph, provided all the password arguments have been entered. I have 23 L3+ on Prohashing right now, and according to their charts, I am making $55 per day and using $25 in electricity at 0.056/kWh. ($55-$25=$30. $30/23=$1.23 per machine per day. Not much, but > $0). I'm using HiveOS firmware, so 504MH @ 660W per machine.

    • @RabidMining
      @RabidMining  2 роки тому

      Ya I use to use prohashing

  • @fakumadda1632
    @fakumadda1632 2 роки тому +8

    Just hoping my L7 pays for itself eventually before a newer miner crushes it. Beginning to think the only one who profits in the end is the Asic manufacturers. Can't believe people are dumb enough to buy aftermarket for L7 's and others. Paying $30,000-$50000 for an asic is just plain bonkers. I've got $18,000 CND into it and kind of think I'm nuts at that price.

    • @RabidMining
      @RabidMining  2 роки тому

      Nice 18k is a good price

    • @fakumadda1632
      @fakumadda1632 2 роки тому +1

      @@RabidMining........yea I guess. Bought it right from bitmain in China. Nerve wrecking sending that kind of cash over there with no recourse if nothing shows up. Only took 8 months to arrive.....🙄

  • @blackmennewstyle
    @blackmennewstyle 2 роки тому +2

    Another example on the critical limits of most ASIC hardware.
    GPU mining is not that far away though, difficulty keeps rising on ETH, i guess the merge officially delayed, reinforced some bullish miners but who can really blame them :)
    Have a great weekend my brother Rabid and keep on turning off outdated money machine ;)

  • @fullyelectric
    @fullyelectric 2 роки тому +5

    KD Box pro is sweet ... great 👍 ... I still have my L3’s running with the low power cost 90% of what it mines is still profits for me .. so I will keep them going until some of the other ASIC I purchased comes in lol ..

    • @fullyelectric
      @fullyelectric 2 роки тому +3

      As always great content and sorry to see it’s off to sleep land .. 😢

  • @bigtymer4862
    @bigtymer4862 2 роки тому +5

    L7’s made all other LTC miners obsolete imo

  • @dennismatovich8411
    @dennismatovich8411 2 роки тому +3

    Now that your l3 is off, can you run a test with it. Try using it at prohashing to compare profit?

    • @RabidMining
      @RabidMining  2 роки тому

      I use to run it on prohashing but guess I could run around pool testing again litecoinpool in the past was better then prohashing nicehash poolin previously

  • @Masteradamant
    @Masteradamant 2 роки тому +1

    Very true, I bought this as a solar only experiment

  • @arigornstrider
    @arigornstrider 2 роки тому +3

    The moment of silence is what happens after you turn it off and the fan noise dies down.

    • @RabidMining
      @RabidMining  2 роки тому

      It already made no noise from the fan swap :)

  • @BANGAMIDGET
    @BANGAMIDGET 2 роки тому +4

    Literally been feeling the same way

  • @airborne63
    @airborne63 2 роки тому +5

    My ASICS are all on Bitcoin.....gotta roll with it... lol

  • @nimson50
    @nimson50 7 місяців тому +2

    I don't understand. If you believe crypto is going to go up, shouldn't we be always trying to get as much as we can, even if the electric bill puts us in the red?

    • @RabidMining
      @RabidMining  7 місяців тому +1

      Depends how you run yes for sure but if the hardware is red would make more buying the coin for the power costs

    • @nimson50
      @nimson50 7 місяців тому +1

      @@RabidMining Great point! Thanks a lot!

  • @TheTravelersTravels
    @TheTravelersTravels 2 роки тому +2

    Sad days..😢
    My single mini Doge has gone from 7+ doge/day to 4.5.. i turned my Z9 mini asic off last month...

    • @RabidMining
      @RabidMining  2 роки тому

      ya crazy this is just a hint of what GPUs are going to be like after ETH not sure if anyone watching these are even making the connection.

  • @erockduf9974
    @erockduf9974 2 роки тому +2

    What are you cpu mining ?

  • @Ultra-Carbon
    @Ultra-Carbon 2 роки тому +1

    I’m only at .08/kWh, so I’m still loving mining with the L3s. Now that you can get them for under $500 on eBay again, I’m building up my mining farm to its max capacity of 48 L3s. Once I hit 48 total units in a month or so, then I’ll slowly begin replacing each unit with something more efficient. For now though, L3 is the way to go for me, as long as I’m just stacking and waiting for 20-cent Doge and $200 Litecoin.

    • @RobGreen025
      @RobGreen025 2 роки тому

      Me too my L3++ doing her thing as well

  • @ghostnetworkNL
    @ghostnetworkNL 2 роки тому +4

    How many $ you pay a day? Would just keep it running and get a small bag
    Edit see you pay around 2.38$ per day so would just let it keep running personally

    • @RabidMining
      @RabidMining  2 роки тому

      11 cents isn't worth 660w of power am locked in at $0.065 cents per kwh but distribution fees and transfer fees and some other fee push's that to like $0.15 cents dropping 660w could drop me down to $0.013-0.014 cents due to the way the power companies charge for all my rigs turning off a smarter move.

    • @ghostnetworkNL
      @ghostnetworkNL 2 роки тому +1

      @@RabidMining if that's how the electric cost works there then it would be better correct.

  • @robscanlan
    @robscanlan Рік тому

    Did you turn on the l3 yet? LTC is on for a bull run soon

    • @RabidMining
      @RabidMining  Рік тому

      Nope still off LTC is a very small portion of profit its all from DOGE

  • @Rc2Go
    @Rc2Go 2 роки тому +1

    is that mini one an HS lite?

    • @RabidMining
      @RabidMining  2 роки тому +1

      The big one was the HS Lite the small RGB is a KD Box PRO

  • @pushman69
    @pushman69 2 роки тому +1

    you just realized this now, I have been dealing with the difficulty problem for months, also the increase in the l7 hashrate has pushed the halving closer by 200 days since last year. I run all 8 of my L3+ at 400 mhz @ 9.38v. This gives me a W/MH of 1.34. The tuned setting that you were using gave me a average rating of 1.43.

  • @fenixcl
    @fenixcl 2 роки тому +1

    Siacoin or handshake??

    • @RabidMining
      @RabidMining  2 роки тому +1

      Am on siacoin with the hslite

  • @michaeld954
    @michaeld954 2 роки тому +1

    If power was free

  • @TechManTY.
    @TechManTY. 2 роки тому +1

    Did you ever try getting it on other coins like fedora?

  • @mohammadakbar7022
    @mohammadakbar7022 Рік тому +1

    I want learn hardware free cours of Bitcoin mainer machain

  • @michaeld954
    @michaeld954 2 роки тому +1

    How do you run these on wifi

    • @RabidMining
      @RabidMining  2 роки тому +1

      Need a wifi adapter

    • @michaeld954
      @michaeld954 2 роки тому +2

      @@RabidMining Like a repeater i want to run off mobile Hotspot on my phone

    • @RabidMining
      @RabidMining  2 роки тому +1

      Possibly ya should work haven't tried myself though.

  • @hdcomputerkeith
    @hdcomputerkeith 2 роки тому +1

    at the price take over 20 month just to ROI at 7 grand even at 300 a day but who to say dif goes up and les profit soon and then it was take not 2 years but 3 years to MAYBE ROI! ill wait till its a price by the company where i can ROI in 12 months are less! PLZ God get the hardware prices to ROI in 6 Months it just hwy robbery

    • @RabidMining
      @RabidMining  2 роки тому

      Litecoin is also halving next year

  • @benjamimtavares3054
    @benjamimtavares3054 2 роки тому +2

    Give it away!
    Send it to me! I need it 😫

  • @robbob88
    @robbob88 2 роки тому +1

    F