Most miners unquestionably start out from their homes, but as soon as they start to turn a profit, they move their miners to colocation facilities or mining farms. What kind of operation does Antminer L3+ primarily use? This manual covers the Antminer L3+. If you’re interested, read on.
Table of Contents
What is Antminer L3+?
Antminers are the name of the mining machinery produced by the Chinese company Bitmain. By Jihan Wu and Micree Zhan, Bitmain was established in 2013.
Bitmain was established by Jihan and chip design guru Micree Zhan with the goal of specializing in mining as a source of revenue. The Bitmain team quickly gained control of the market for mining cryptocurrencies.
A number of companies have gained control over the newly competitive mining market thanks to the Antminer, a device that Bitmain first created in 2013. Bitmain Antminers are responsible for roughly 70% of all Bitcoin mining.
Antminers, in a nutshell, are cryptocurrency mining apparatus. They are regarded as the mining machinery that is currently the most effective. In addition to Bitcoin, Litecoin, ZEC, and Ether, there are Antminers for a number of other cryptocurrencies.
Pay Per Last N Shares does not apply to Antminers’ (PPLNS) mining costs. They do, however, keep all transaction fees. Antminers’ high power consumption is one of the factors that significantly affects mining ROIs. The Bitmain Antminer L3+ is the newest Antminer and uses about 1,375W. The Antminer L3+ will therefore cost you between 15 and 30 cents per hour.
How Does Antminer L3+ Work?
| Manufacturer | Bitmain |
|---|---|
| Model | Antminer L3++ (580Mh) |
| Release | May 2018 |
| Size | 188 x 130 x 352mm |
| Weight | 4400g |
| Chip boards | 4 |
| Chip count | 288 |
| Noise level | 76db |
| Fan(s) | 2 |
| Power | 942W |
| Wires | 9*6pin |
| Voltage (DC) | 11.60~13.00 V |
| Interface | Ethernet |
| Temperature | 0 – 40 °C |
| Humidity | 5 – 95 % |
The self-designed Litecoin chip BM1485 is included in the Antminer L3 series, which Bitmain released at the end of 2016. For Litecoin miners, BM1485, the first Litecoin Application Specific Integrated Circuit, is a helpful chip. Each Litecoin miner comes with 288 such chips to deliver more hash rates and efficiency. Antminer L3 series include three models: Antminer L3 (250Mh/s and power consumption 400W), Antminer L3+ (500Mh/s and 800W), Antminer L3++ (580Mh/s and 942W). Scryptminers, another term for Litecoin miners, are also used. The miner works with all Scrypt-based cryptocurrencies in addition to Litecoin mining.
Low power consumption is a feature of the Antminer L3++. It is clear that Bitmain is also thinking about those who want to mine at home. As evidenced by the Antminer L3, L3+, and L3++’s power consumption, which is 800W, 850W, and 942W, respectively. Low power consumption has an added benefit for customers who receive free electricity because it lowers electricity costs and increases profitability. Users can still make a respectable profit at the end of the day by calculating the cost of electricity at $0.10 per KWh.
How Much Does Antminer L3+ Make a Day?
With just one Antminer L3+, you can make nearly $17 per day at the low electricity prices we provide with the Managed Mining program. This vastly exceeds the mining profitability of the earlier Antminer L3+ by more than $500 per month and $6100 per year. An ASIC from Bitmain’s Antminer L3+ generation is among your best options if you want to make mining truly profitable in 2023.
Closing Line
The Antminer L3+’s functionality has been examined in this article. Based on the aforementioned electricity rates, you could earn about $104.40 a month using an Antminer L3+. Break-even point will be reached in about 10 months if you spend $1,000 on the Antminer L3+ at the time of purchase.
FAQs
Does Crypto Mining Damage Your GPU/Computer?
On your GPU or other mining hardware, mining for blockchains can be very taxing due to the high resource requirements. In fact, mining rigs do occasionally experience GPU explosions and fires. But generally speaking, it’s safe to keep your rigs running at a moderate speed with adequate power supply.
Why Does Mining Use So Much Electricity?
Anyone could have easily used a PC or laptop to run a mining program in the early days of cryptocurrencies. The mining algorithm, however, became more challenging as the network expanded and more people expressed interest in mining. This will enable cryptography to find a new block roughly every 10 minutes. It gets harder to meet the initial 10-minute deadline as there are more miners, which increases the likelihood that the right hash will be found more quickly. Imagine if the network’s mining capacity increased thousands or even millions of times. There is a lot of new equipment using energy.
How Does Mining Confirm Transactions?
Mining is necessary for confirming and validating new transactions on the blockchain of cryptocurrencies in addition to adding new coins to circulation. This is significant because no single institution—a bank, a court, the government, or anything else—determines which transactions are legal and which are not. Proof-of-work (PoW) mining is used instead to arrive at a decentralized consensus.
