Bitmain Antminer L7 Profitability in 2023
The Bitmain Antminer L7 is an ASIC crypto miner specialised for the Scrypt algorithm, which is used to mine the favored cryptocurrencies Litecoin and Dogecoin.
The Bitmain Antminer L7 produces 9,050 MH/s in hashrate, has an influence effectivity of 0.36 and an influence donsumption of three,260 W (effectivity and energy consumption rankings assume a temperature of 25°C). The miner was first launched in November of 2021 and is manufactured in Indonesia. The Bitmain Antminer L7 worth ranges from $4,500 to $5,500, relying on the seller. On the time of writing, the miner is listed as bought out on the official Bitmain web site.
Whereas Litecoin and Dogecoin are by far the most well-liked cash that may be mined with the Bitmain Antminer L7, it will also be used to mine different Scrypt-based cryptocurrencies, for instance Digibyte and Verge.
How a lot does the Antminer L7 make per day?
The Bitmain Antminer L7 profitability will primarily depend upon how a lot you’re paying for electrical energy. On the time of writing this text, Litecoin is buying and selling at $67.93 and Dogecoin is buying and selling at $0.07.
Primarily based on these costs and the present issue of mining LTC and DOGE, the breaking level by way of electrical energy prices is $0.14 per kilowatt hour. In different phrases, in case your electrical energy prices are at $0.14 KWh or underneath, the Bitmain Antminer L7 could be worthwhile in the mean time.
Nevertheless, even when mining is technically worthwhile on a day-to-day foundation, you additionally want to think about how lengthy it could take so that you can get sufficient mining earnings for the miner to pay for itself. You additionally have to have in mind the truth that ASIC miners themselves steadily lose worth over time, as new fashions with improved effectivity enter the market continually.
Right here’s a fast breakdown of how the profitability of the Antminer L7 varies primarily based on totally different electrical energy costs, assuming the present LTC and DOGE costs, in addition to the present mining issue:
On the time of writing, the Bitmain Antminer L7 is essentially the most worthwhile ASIC miner for the Scrypt mining algorithm. Nevertheless, we don’t suggest the typical consumer to get entangled with ASIC mining, as a big capital funding and really favorable electrical energy costs are required for mining cash comparable to Litecoin and Dogecoin to make financial sense. In fact, this doesn’t apply should you’re primarily trying to mine cash as a passion and don’t intend to make a revenue from mining.
FAQs
Now, let’s rapidly reply a few of the commonest questions customers have in regards to the Bitmain Antminer L7 ASIC miner.
What cash can I mine with the L7?
The most well-liked cash you could mine with the Antminer L7 are Litecoin, Dogecoin, Digibyte and Verge. The miner will also be used to mine some extra obscure cash comparable to Florincoin and Auroracoin.
How a lot energy does the L7 use?
The Antminer L7’s energy consumption is rated at 3,260 watts and its energy effectivity (J/MH) is rated at 0.34. These specs assume a temperature of 25 levels celsius.
What’s the hash price of the L7?
The hash price of the Antminer L7 is 9,050 MH/s (megahashes per second). That is the equal of 9.05 GH/s (gigahashes per second).
What’s the enter voltage for the Antminer L7?
In line with official specs, the enter voltage for the Antminer L7 is 200~240 volts.
What are the size of the Antminer L7?
The size of the Antminer L7 are 370 / 195.5 / 290 (size, width, peak, in millimeters).
The underside line
The Bitmain Antminer L7 is the best way to go should you’re trying to mine in style Scrypt-based cryptocurrencies, most notably Litecoin and Dogecoin. Nevertheless, it’s not very straightforward to make a revenue with mining in at this time’s extremely aggressive panorama, and also you’ll want very favorable electrical energy costs for the endeavor to be worthwhile.
In case you’re additionally questioning about different miners moreover the Antminer L7, ensure to take a look at our record of the very best ASIC miners out there in the marketplace proper now.