Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner

you can buy now with 41 LTC Undecided

with diff rising like hell on july, bitmain is gonna pump ltc price

Clearly Bitmain is taking the piss... pre-order 3 months out and they raise the price.

But it could be good news for July batch buyers. Perhaps Bitmain will try to keep difficulty somewhat sane over the next few weeks now that they need to show some possibility of ROI for this September batch. It's starting to look like a very convoluted ponzi scheme where early buyers depend on latecomers to keep the demand up.

so you call it a good time to buy the L3+ ?

Absolutely not. I think it's insane to buy a miner with a delivery 3 months out... many bad things can happen in that time.

what would be those bad things ?

price go back to 25 ?

difficulty increase x2 ?

Based on my calculation even those happened this miner is still very profitable... i'd like to understand what do you factor in those "bad thing" ?

This is sad. The bad thing is that you think it's normal to get 1000%+ yearly returns or that it would stay that way for any extended period of time. Best of luck.

Hello, thanks for your answer. But yes this is the point even i factor very bad things in the mix like triple difficulty and lower price the roi is still in 3.5 months... So wondering why your assumption is it's such a risky investment.

Please keep me in mind when you are ready to sell your miners. I will be glad to buy them from you when you are ready to sell. No calculator or projection is going to help you on this one.

Exactly. These ROI numbers don't even include all of the money you'll get back when you decide to upgrade and sell the miners. Sure you'll get less than what you paid because others will be upgrading too, but they really do hold their value (relatively). People are still buying/selling the Antminer S3/S5.