Quote from: supersonic on November 05, 2019, 09:11:56 AM

Quote from: Searing on November 04, 2019, 11:17:37 PM

Quote from: supersonic on November 04, 2019, 10:16:48 PM

Why would You even bring 800W usage up and calculate such? For loong time L3+ on stock speed draws 650W down to even 550W with software and hardware mods. Period.

Ok ..I'll take that bet.

www.litecoinpool.org/calc a free LTC pool pays out 105% currently.

Lets call it 650 watts at say 425mh...does that sound fair?

You get this: A loss of -49c a day vs the previous -66c a day in my previous post.

Profitability Analysis
     Expected Rewards     Costs     Net Profit
24 hours   0.01715103 LTC   1.07 USD     1.56 USD -0.49 USD
7 days   0.12005724 LTC   7.49 USD     10.92 USD -3.43 USD
30 days   0.51453104 LTC   32.08 USD 46.80 USD -14.72 USD

The main thing to take away from the previous post, IMHO, is the 60% decline in difficulty and the still low price. IF say price hits $100 an LTC even, it is

my view you still would be losing say -50c a day on this whole endeavor as tht Bitmain L3+'s wane in and out. Only with a lot over $100, say $150 and difficulty

finally putting full miner capitulation into this massive amount of Bitmain L3+'s in the world as not being able to mine, will you then be able to see price and the

halving results for new miners. Until then it is gonna yo/yo the next 2-3 months, not amounting to much more, again, IMHO than the current say at least -50c a day

loss on mining these beasties. They still want like $2k and $3k for the Innsiliocon scrypt miner models that make $2 and $3 a day respectively..so no hope in mining

from that direction. Gonna be a muddied mess for a while or at best, if your electric is cheap enough and you have already ROI'd on equipment, MAYBE you can swap

electric for coin even up for awhile. Maybe even use the heat if you are in Winter parts of the world. But until all the Bitmain L3+ units, again, I'd guess 60% of all

scrypt miners, stumble off the mining field, miners are gonna sell LTC they mine to break even at best and it is gonna be a muddied mess price/difficulty and on any

choice by consumers on miners and any real excitement by ASIC makers to pursue new equipment. As an aside, this will also come to pass, likely about the same time,

with all the models of Bitmain S9's of many flavors. The same thing, they account, again IMHO, for 60% of all sha-256 miners and they need to leave the field as well

for the BTC market to also steady out mining/price and difficulty wise. So gonna be tough to mine in any manner for the next 2-3 months IMHO past your electric use,

even if you have already ROI'd on a Bitmain L3+. Of course, a huge price pump to $150 for LTC could make this all moot, but not counting on it.

Brad

No. Its 650W at 500mh :> or 550W@500mh if You have hardware mod

Big whoop. Bitmain L3+ units are all gonna dump off to the side, due to miner capitulation for the new product in the next 3 months anyway, even if the price goes up for LTC over $100

an LTC. That is just the way mining works. The difference today is the large percentage of units that are NOW the majority of hash for scrypt-pow and sha-256 mining. The Bitmain L3+

for scrypt-pow and the Bitmain S9 for sha-256. I estimate more than 60% of the ASIC equipment on both networks are these too models. Thus when they go 'poof' it will be in a big way.

Either it will help price. (difficulty dumps) or it will kill price (all those miners not hodl'ing LTC and BTC from their mining efforts)

I guess we will see

using your figures above I can't get. The best I can get with the latest mods (stable) is 450mh at 650 watts...but we will use your numbers. you get -28c per day.

Using my numbers at 10c kWh above I get at best: -41c per day at the previous posts, I think it was $65.35 LTC?

Anyway, it is all moot. The equipment I mention above can only yo/yo so long on off/on the network and can only drift back into the network, again yo/yo in out or trickle back

if the price of LTC gets above $100 USD again. Otherwise, eventually folk will be tired of running these units at a loss. Or hell, at least the big boys. 10 L3+ units would lose at

best with your figures -$2.80 a day...so eventually, it will trickle down to those Bitmain units for heating the basement (1 or 2 units at best).

But going from the past (from 2013 onward) what usually happens is for months, (note: Innsolicoin A2's back in the day) at best with a price rise of LTC or scypt-pow you just

mine for 2-3 months at the same loss as the price of LTC goes up and your equipment gets more useless for the prospect at mining. That may not be a bad thing if you held back

in the day those extra 2-3 months with today's prices, but gets damn old at data hall use, when it reaches the point for 2-3 months of just swapping electric for LTC direct.

Eventually, stuff goes off. But again, that will be a pretty big dump at 60% ofr equipment fading out in more or less 2-3 months, much worse for LTC if the price is sideways, same

as now if the price goes up to over $100 vs difficulty etc. Anyway, not seeing a lot in the wings that makes sense. Innsolicon units make $2 a day or some such profit and the

2 models available are $2k and $3k respectively without shipping and Trump Tax/Import Tax at 27.6%. So either these miners going off won't affect price so much for the

equipment and such difficulty and price/coin output when they wander off the network. Or such a dump of equipment and lack of miners HODL'ing LTC will cause another

dump in price. Chump or Champ we will be the first to know. But different from the Innsilcoin A2's dumping off because KNC Titans and other ASIC's replaced such, back in

the day. Now, don't see anything much. Anyway, just know that at 10c kWh it is very unlikely my L3+'s will ever be turned back on in the future at the data hall. I'd need

quite the price miracle for that to happen. Good luck to those with say 8c kWh electric and the Innsolicon equipment, you might not ROI at the equipment purchased that

is newer..but hell, at least you'll be mining and hopefully HODL'ing as your hedge on all this. I look like I'm out for good. At least with my Bitmain L3+'s in mass. Sad

Brad