L3 are far too efficent vs. A4. They are on same process 14/16nm so power draw should be close and not 2.5x difference.

I do have problems like that. I've made a payment by money transfer but now it says Unpaid, Expired.
Am I alone in this or it's general problem?

Yep, I neglected to consider the 288 chips per rig. My bad.
Ok, I can see how 3.5k units could sell out in a day.

If anyone has second thoughts, please let me know as I would like to get one if possible.

Based on my estimated size per chip, they are probably producing 100k chips per wafer batch. So about 300-500 units per batch. This is inline with the first L3 batch that bumped hashrate up by about 200-300 GH. To be safe figure they are producing 500 per batch, for a total of 1,500 units for the 3 batches. Your looking at least 750 GH of hashrate added to network. So at least 3.5 TH by July. I would base any ROI calculations on that.

And of course you can assume they'll do what they did with the L3 buyers that got screwed...sell double the hashrate miner for half the cost in july again

Serial versus Parallel DC circuit design. or
Efficiency (bitmain) versus reliability (inno)

Damn...I hope you are correct up to July.......and even if they double hash and diff goes up another 33% I'm golden with my hoard till ..hell maybe into 2018
IF Charlie Lee also does his part and gets LTC with seg witness hype and lighting hype off the ground...go baby go ...we need $25 buck coin so my miners
avoid destitutitution and and have to stroll the neighborhood...looking for 'doorstop' action....hubba hubba ..a sad fate indeed...


So is my 'stack' big enough to weather this difficulty hump up ..whatever size it may be? hmmmmmmm...........



then again.....crypto is an 'evil mistress' this all could be a trap Perhaps it is ALWAYS a trap!

the trap is probably the math...i always get the damn math wrong...grrrrrrr............

Agree- great explanation.

everyone burned up their funds on scrypt miners, baikals, and GPU rigs

Hey Guys,

I am sorry if I ask a question asked a million times already, but I have read the thread now for over 2 hours.


I was thinking about starting mining. I have mined years ago when it was just a laptop but obviously this is over 
I have no computer background, I don't know how to repair anything or set up without a video lol I just like the idea and hope its kinda plug and play.


My plan was to buy 1-3 Antminer L3+.  Now I have tried to find how to set it op on solo mining without a pool, could not find any info and landed here.
After reading this thread, I lost all trust in Bitmain. Sounds like the service is shit and the product breaks down non stop....




So here are my questions and I hope someone will find some time to answer.

1)
How do I set up the Antminer (worker) if I want to solo mine LTC?  (I have only found videos where they input the Pool worker under "General Settings")


2)
How do I set up the Antminer (worker) if I want  to mine NVC or Bela or another Scrypt based coin?  (I have not found any infos regarding that. For most of the other coins, there are not even big pools. So I have to go solo/or want to go solo.   And i read that the Antminer are not good in mining Scrypt except LTC)

3)
I use Mac OS X for a couple of years now (again not the tech guy). Is it required to have a computer run and monitor the mining process 24/7?  Or is it enough if I set the miners up, and check them online once a while, using my Laptop for work normally. Or is it required to have a dedicated computer online with the miners if i solo mine.

4)
Do I have to take care of anything, if i got more than one miner? Like linking them together as "one machine" to ramp up the Hashing Power or is it enough if they all mine separately (Of course i know that if they "count as one" its better)





Again, I would really appreciate getting some answers. I will not make this into real profit hunting (breaking even would be enough already), I have to check if my power outlets are able to handle it, I need to check how it is with taxes in my country and my electricity costs way over 29cents/kwh.... But all online calculators are telling me I could make a profit (even tho i don't trust it, otherwise everyone would mine right)


Probably I will buy the next batch anyway since I need to check a lot of infrastructure and laws lol

Albortz, before we jump into answering 2-4 can we clarify why you want to 'solo mine' LTC? Solo mining is very rare today and can lead to long periods with no rewards. If you simply want to mine a single coin like LTC, NVC or Bela, the easiest way is to find a coin specific pool and simply point your miner at the pool following the pools setup instructions.

I suggest you read this: https://www.litecoinpool.org/beginners-guide and then think about these questions

a) Do you want to get the maximum profit per day from your miner? At 27c per Kwh, I suggest you consider this.
b) Do you simply want to accumulate LTC, NVC or Bela?
c) You are mostly interested in securing the LTC, NVC or Bela networks?

If you answered yes to a. and .b then I suggest you mine on Prohashing and get your daily profits paid out in any % of LTC, NVC and Bellacoin you choose. You can choose any number of coins and any % from over 200 coins to be paid out in and you will earn far more than mining any single coin.

If you answered b and c. then you just need to mine one of the coin specific pools and get paid out directly.

In terms of setup and managing an L3+ you'll find an excellent L3 tutorial here on the left: https://www.eastshore.xyz/tour/