STOP BUYING L3+ units, is not proffitable anymore.
You pay more for electricity than what you mine.
It depends on your electric cost - for ME, an L3+ would still be profitable, but for most folks you're correct that it is not profitable any longer.
To be fair, it really depends wat happens going forward even for low cost people. Price of LTC falls like a brick and difficulty, as usual, always rises. Those who unplug L3+ will plug it back in as price rise. It has become a D3.
Even at 6 cents, that will only make 38 USD now. An L3+ with PSU sets u back 726 USD, at full price with delivery and 10% VAT yet. That means 19 months to break even lol. I am using cryptocompare calculator. With coupons, it will be abit faster though.
I find it madness. This is wat an oversupplied sector looks like, when there is too much interest and oversupply occurs. BTC mining still looks ok but heck, if it can happen to the L3+, it can possibly occur to the S9.
Completely agree. I am 100% positive the S9 is next. Even right now at .10kwh it is down to $1.30 per day. Nasty.