/r/litecoinmining

Photograph via snooOG

A place for all discussion revolving mining litecoins!


Click here to view our very own wiki! More resources below.

Welcome to the community, and please follow the rules in the sidebar!


Getting Started


Profitability Calculations


Submission Rules

  • All posts must be related to Litecoin or Litecoin mining. Discussion of other currencies should go in their relevant subs.
  • Coin switching/multicoin pool posts and advertising are not allowed as they do support the Litecoin network.
  • Pool advertising is allowed but should be kept to a minimum. Excessive updates and/or posts will be removed.
  • No advertising for products. Discussion is allowed, but it must be done via self post and not contain a link to the buy page of the product in question.
  • No crossposts to other crypto subs unless the information is also relevant to Litecoin.
  • No currency flame wars.
  • In general make sure your posts and comments are good natured and courteous.
  • No Buy/Sell posts. Please keep these to /r/ltcmarket, /r/CryptoHardware, or /r/hardwareswap.
  • Please do some research before asking for help. You can find great resources via our sidebar, our wiki, and the reddit search function. For more information on this rule, click here.
  • Please post your configs if you are asking for help, or if you are submitting pictures of your mining rig. For more information on this rule, click here and here.

Related Subreddits:


Where to Buy/Sell Litecoin:

/r/litecoinmining

23,087 Subscribers

3

805 Mining is now a Verified seller!

0 Comments
2024/11/30
18:44 UTC

3

Bitmain Antminer L7 9050Mh/s⚡️

Condition - Used with a 7 day DOA

Quantity - 100+

MOQ - 5

Location - USA🇺🇸

Price - $7,800 (Shipping included 🚛💨)

Dm us here or on telegram @dragan_4space for inquires!

0 Comments
2024/11/27
21:16 UTC

5

I need to know..

Who is all your Litecoin reserves going to and why?

6 Comments
2024/11/27
15:47 UTC

4

L3+ recommended firmware

I'm currently using hive OS but I've heard that it can sometimes damage the hashboards or kill them outright.

Should I go back to BlissZ or is there a better alternative to both?

14 Comments
2024/11/26
07:01 UTC

8

0.075$/kWh electricity, worth going into mining?

I got overall cheap electricity costs and would run a miner. Nothing too expensive.

It looks like with historical price the ROI is usually around 700-1000 days for the low to mid miners (1-5k€)

I assume its not worth it?

12 Comments
2024/11/25
02:09 UTC

6

First time miner - 24 Antminer l9

13 Comments
2024/11/23
22:30 UTC

15

Asic prices are changing daily now

Asic pricing is in full bull run mode now. My cost on L9's increased $2,000 overnight. If you're buying I suggest you verify price with your vendor prior to sending payment. Last bull run I saw prices change multiple times in one day.

25 Comments
2024/11/23
16:10 UTC

3

Dogecoin Progressive Jackpot Winner!

0 Comments
2024/11/23
10:04 UTC

9

Antminer L9 worth it?

Do you guys think the L9 is worth it to buy now that it is 50$ profit / day. I’m new to mining, so i’m wondering is the most profitable option mining dogecoin and litecoin together or also digibyte.

31 Comments
2024/11/22
20:10 UTC

7

Resources

I just discovered mining and I’m trying to find the best resources for learning about what it is, what the best miners are, types of mining etc. Anyone know of any good sources?

6 Comments
2024/11/22
07:41 UTC

4

ElphaPex DG Home 1 Unbox Video From BT-Miners.com

1 Comment
2024/11/21
09:03 UTC

9

DG HOME 1

Anyone have experience with this miner and know where to get one? Thank you.

11 Comments
2024/11/19
01:56 UTC

2

Anyone know if aslminer.com or augustmining.com are legit?

I want to buy some equipment but I do now know if these cites are reputable. Anyone use them before? I can't find anything bad necessarily.

aslminer.com

augustmining.com

18 Comments
2024/11/19
01:15 UTC

7

Fluminer L1

Was about to order a DG Home 1 and came across this miner on a resellers website and was astounded at the efficiency. 5.3GH/s and consumed only 1200W~. This is on par with L9 efficiency by the looks of it. Has anyone ordered or heard of this brand before?

32 Comments
2024/11/18
01:16 UTC

5

Antminer L9 January Delays?

Anyone heard about the L9 batches being delayed, especially the January batch? If so, until when? Any info on how Bitmain deals with price increases on preorders are much appreciated. Even other coins or past experiences. Thanks in advance!

6 Comments
2024/11/17
23:46 UTC

2

Is AliExpress a viable option to buy miners?

I want to buy an L9, and AliExpress has a realistic but very competitive price. Is AliExpress a no-go or a gamble? I have used NewEgg to buy some mini doges before and had no problem.

11 Comments
2024/11/17
21:01 UTC

2

Is it safe to receive mining payout to Binance? (Or any other exchange)

Hi! I'm mining LTC+doge at litecoinpool.org & making around $1,000 each month so far.
I have a payout set for 10 LTC, which is around 1 time per month.
Than I'm instantly swapping LTC to USDT and sending them to earn.

So my question is: is it safe to hold money earned by mining on Binance? Will I be able to withdraw money from the account? Is there account freezing risk?
P.S. I'm not US or EU resident (Moldova)

6 Comments
2024/11/16
12:30 UTC

23

Going all in!!

15 Comments
2024/11/16
08:07 UTC

10

IMPACT of prices due to DOGE spike

In the past 10 days used L7 9050’s have gone from about 3700 to 7500 and L9’s in stock have Gone from 9000 ish to 15,000. Definitely to recoup your money that is a significant premium considering you could have preordered January L9’s for 6300. I’m a firm believer BITMAIN will have an L9 PRO as too many competitors are getting equal to slightly above the L9 performance level. In the last Run the time to buy L7’s after the 23-24k peak in February 2022 was in late 2022 when they had dropped to 7,000.. depending on how much tax I need to off set with purchases versus paying Tax I will either Buy in 2025 or 2026

11 Comments
2024/11/15
08:45 UTC

4

PSA: ASIC Prices During the Bull Market and Scammers

7 Comments
2024/11/15
05:26 UTC

7

What’s your strategy going into the run that should finally begin in December

Last run in 2021 I got in late, started in Early May buying L3’s off EBay for 2100-2300 each. Ended up getting 26..transitioned over to L7 9050 eventually getting up to 13 on a residential address by upgrading from 200 amps to 400 amps. I mined with L7’s from January 2022 till August 2024. Lots of drama and learning lessons learned. I’m currently transitioning my old units into LTC and sitting the sidelines till I cash out the coins I hold and begin purchasing L9’s to get hosted remotely (most likely with coastal crypto). I would like a full rack set up 60 units (figuring it will be about $400,000 in equipment). This should be close to 1 TeraHash or 1000 GigaHash of Scrypt.

10 Comments
2024/11/03
17:27 UTC

3

Scrypt mining strategy

Contrary to popular believe, I’m not mining and holding doge with my L7’s, what I’m doing rn is mining to NiceHash and stacking sats.

However, I recently came across mining-dutch pool and was considering a strategy I would like to share here and get your thoughts on.

Simple strategy, 90/10 : BTC/DOGE. So I can still stack some sats, with getting some daily exposure to the potential upside of DOGE.

What are the community’s thoughts on this?

30 Comments
2024/11/01
05:51 UTC

5

Antminer L9 Deliveries

1 Comment
2024/10/29
03:39 UTC

7

Dutch mining pool is new king

Was originally on litecoinpool, switched over to f2pool after merging with bells, and now dutch mining has merged alongside with lucky coin making an even bigger difference. Tested out 1 day with the l7 and the lazy miner feature allows you to convert the mined coins into a percentage of whatever coin you like (I switched to 100% doge) and clocked 140 doge. Try it out

19 Comments
2024/10/29
00:10 UTC

6

What should I set my difficulty at with an L7 mining at powerpool.io? I'm very confused about diff settings.

3 Comments
2024/10/23
00:44 UTC

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