How is the performance of Antminer L3 in accordance with the price rise of litecoin,is it really profitable to purchase this right now and if so what will be the return of income after electricity bills,i would like to hear from experienced users who are mining for a long time,i did not want to purchase it before hand because of the low price of litecoin and since it started moving i just have second thoughts about it.
If you plan on only getting one and wouldn't be able to pay your bills if litecoin crashed then I would suggest not.
However if you want to take a bit more risk then I definitely would. Plug the numbers into a mining calculator. If you had one right now you would be making a lot of money. A
lot of money. Of course we expect the difficulty to rise when people get their hands on theirs which will drive profits down. This is where the trust comes in. You have to believe that the price of litecoin will increase enough to makeup for the difficulty increase. This is usually the case (difficulty goes up, price goes up) with other more successful coins like bitcoin so I see no reason litecoin should do any different, especially with everything going on with altcoins and litecoin specifically. Then you could just make the case for buying and holding litecoin if you believe the price is going to rise. However you wouldn't make nearly as much money doing that compared to mining, so I'm opting for the miners.