$1,303 (profit per month) with LTC Antminer L3+ ! BUY or NOT? This is my investigation
At the moment it is one of the World's Most powerful and efficien Litecoin miner.
Specification:
Hash Rate: 504MH/s.A variation of +/- 5% is expected.
Power Consumption: 800W +10%
Based on that:
As you can see profit per days 43.45$ and 1303$ per month! You will have a ROI of less than 2 months.
It looks a bit too good to be true. Don't you think so?
It is currently out of stock and next shipping only on 13-20 of September. You can buy used one or new but double price on eBay, amazon and other sources.
I have been looking at it and thinking all day long, reading all possible information available right now, opinions on different forums etc.
So, should i buy one? My Conclusion:
1. Litecoin community asking to Boycott this company because of shady past.
2. Bitmain might be selling their own old equipment. Who is giveing away something that could make you more money? Logical? You are going to buy a promise and wait another couple of months to get one.
3. Bitmain customer service is horrible! So many complains around the web. You can't expect be treating as a customer after purchasing one.
4. By end of September the difficulty on Litecoin by Bitmain mining their own equipment will be so high these things will never see a return on your investment.
5. We might simple missed the train of first buyers in May.
The thing with these if the price of the coin has gone right up compared to a few months ago! And now no body can buy them as the companies who make them in China are keeping them for there own profit! Makes sense when they cost a few dollars to properly make over there!
You are right. The main reason they delay shipping. So it might not worth buying it, right? They keep it for themself, increase difficulty and after simply sell it out, invent some new mining devices and sell it after again. Still hard to believe they are giving it away for us, simple users to earn some $$$
This is what crypto has come to! Big time players buying all the stock up! Small time people like us! Have no chance unless you was quick before the price was low!
I see what you mean. I might wait for l4, litecoin price drop and be one of first buyers. L3+ not worth investing anymore
Yes totally agree! The best thing to do is find a coin that your really believe that will become big in the future like maybe Zencash! The difficulty on this is really low and GPU cards if you can get them will make you a lot of money in the future when the price rises! Just like Zcash now!