yep…and everyone turns there machines back…if the majority of L3+'s are the only things LEFT mining LTC…then it goes to reason that anytime difficulty drops…the majority will turn their machines back on in that all are the same speed and advantage
only electricity will be the determining factor…
thus the whole network will yo/yo or if the difficulty gets to high that only Bitmain (their own low cost per unit and low electric)
will be able to mine pow-scrypt coins and LTC and all else will be turned on
so are people really going to support a coin that bitmain can only mine say over the summer (or worse have a new machine doing so at better eff and running difficulty really up) before the usual 4 - 5 months ‘pre-order’ of the same is in anyone’s hands?
sh*t LTC and Charlie Lee might have to make it a POS coin…if the only one able to mine LTC is going to be bitmain over the summer and/or worse as I mentioned above
This is what you can make with the latest L3+ today at 500mh and 800 watts at ave USA price of 12c kwh at the current price for LTC of $117
this is from Mining Calculator | litecoinpool.org (this is free LTC pool and pays 101% the calc includes the 101%)
|24 hours|0.02509517 LTC|2.94 USD|2.30 USD|0.63 USD|
|7 days|0.17566618 LTC|20.55 USD|16.13 USD|4.42 USD|
|30 days|0.75285505 LTC|88.08 USD|69.12 USD|18.96 USD|
And Bitmain has the L3+ at $490 usd for making 63c a day on above calculations
yeah, IMHO, they have to have a NEW miner they are gonna pop out this Summer and run for 4 months
nothing else makes any sense…so I’d wait on getting ANY ASIC miner of ANY flavor or protocol…
also if you are into BTC the 7nm (vs Bitmain 14nm) has just come out…they claim to want to kill
Bitmain …I wish them luck
likely, they eventually will have scrypt-pow…i.f the price justifies it that is
later
brad