Post
Topic
Board Mining (Altcoins)
Re: Antminer farm now operational!
by
error08
on 16/11/2017, 15:30:40 UTC
Is it more profitable to mine an Alt coin, specifically litecoin, rather than bitcoin? You got a very nice setup and the amount you invested is huge for this. I'am just wondering why you opted to mine litecoin rather than mining bitcoin. just a noob question perhaps.,

The L3+ is was more profitable and more efficient than the S9 so that's what I went for.

Not anymore..

The S9 isn't more profitable than the L3+.

L3+ profitability, ~$17.13/day: https://www.nicehash.com/profitability-calculator/bitmain-antminer-l3?e=0.1¤cy=USD
S9 profitability, ~$14.20/day: https://www.nicehash.com/profitability-calculator/bitmain-antminer-s9?e=0.1¤cy=USD

Even if those numbers were switched around it wouldn't matter, they're both very profitable.

All of those ASICs are L3 machines?
People tend to calculate profits based on bitcoin or litecoin prices.
And I have heard some miners talked the same thing which L3 is more profitable than S9.
But, Antminer L3+ more expensive, like $2250 for each. Which mean, it takes a longer time to achieve ROI instead of buy some Antminer S9 that cost around $1250. I realize ASICs price from bitmain always change in every batch, for next batch will be; $1415 for S9 and $1586 for L3+
How much it cost for 1 Antminer L3 when you bought it?
How long it takes to achieve ROI for your investment?