Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!
by
Searing
on 12/06/2018, 03:12:17 UTC
Makes perfect sense to me, we shut down 10 L3+'s about a week ago
I've still got 30 A4+ in the box, never made it to power up, and another 25 D3's got stuck with
And i'm not a person that can afford a low 6 figure mistake, credit eating me alive
* that's my whine story can someone call me a whambulance ........


yeah, back to my (hopefully wrong) theme on the Bitmain L3+ units

currently, I am at NEGATIVE -$0.21 USD per day! and

NEGATIVE -$6.29 USD a month, with my data hall electric and rent.

24 hours   0.02316153 LTC   2.48 USD   2.69 USD   -0.21 USD
7 days   0.16213072 LTC   17.35 USD   18.82 USD   -1.47 USD
30 days   0.69484592 LTC   74.35 USD   80.64 USD   -6.29 USD

So, in order for me to say break even NOW at 0.00 USD a month after electric.

Swapping electric for LTC direct on www.litecoinpool.org/calc I would need:

a price of LTC at the current difficulty of:  $116.05 per LTC!

24 hours   0.02316153 LTC   2.69 USD   2.69 USD   -0.00 USD
7 days   0.16213072 LTC   18.82 USD   18.82 USD   -0.00 USD
30 days   0.69484592 LTC   80.64 USD   80.64 USD   -0.00 USD

That is not looking too dang likely Sad

IF I wanted to get say $1 a day at current difficulty, OVER electric costs,

which in the past was pretty modest for a Bitmain L3+ scrypt-pow miner,

I would need below $159.05 to make $29.88 per Bitmain L3+ per month, after electric...
 
24 hours   0.02316153 LTC   3.68 USD      2.69 USD        1.00 USD
7 days   0.16213072 LTC   25.79 USD     18.82 USD        6.97 USD
30 days   0.69484592 LTC   110.52 USD 80.64 USD         29.88 USD

Again, I just hope I'm wrong, but I don't think I can see things flipping in our favor this

fast, even if there is NO supposed new Bitmain product at the 1.5gh and 800-watt unit...

the above calcs, don't even work with existing Bitmain L3+'s in the world (85% of all pow scrypt miners still

up, IMHO) ...so unless brighter minds than me, can 'beat me up' on this (please, I wish to be dead wrong)

it all still looks like most if not all my (and perhaps most) Bitmain L3+'s will be shut down by July 4th, 2018.

Searing