Antminer litecoin profitability

There were some heavy increases in the difficulty cause of the massive hashrate increase in the litecoin network over the last weeks. But Let's do the math for our own equipment with electricity cost:. Now a lot of people get greedy and forget one thing these online calculators mostly miss out, too.

As you can see after 14 Month u will be forced to shut down the machine due to the high electricity cost. As you can see based on this calculation you will be in profit but it's not even close to that results of the online mining calculators.

So be careful consider the network could grow really fast cause it's not that mature like the bitcoin network is already with 4 Exahashes. If you want to take the risk you can gain really good.

But be careful and think about the high energy and rising difficulty. If you have any questions concerning mining or pool mining i have interests in that one, too just let me know. If I don't find an answer I am quite sure I can direct you to someone you can give us the answer. Feels good to serve u some content my friend. Usually I join your videos. Everybody should join a daily cup of coffee with Eugene Forrest of Bitcoin and Coffee..

The difficulty is going to explode as bitmain will when deliveries start world wide. I hope they do but let's wait and see. There should absolutely be a limit per household on these machines. People buying them in bulk just to resell them the next day at 4x the price is bullshit. 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. 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.

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! This is my investigation. As you can see profit per days 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 of September.

You can buy used one or new but double price on eBay, amazon and other sources.