The L7s are going for 8000$ right now. You’ll never be profitable due to electricity costs with mining in Germany or in the US. And Bitmain does have competition, they’re always sold out despite there being other companies. Another company that makes a comparable L7 Antminer is called Elphapex, they make the DG1 & DG1+
L7 Antminers are currently selling on Alibaba for 8000, and L9s are going for 12,000$. And Bitmain sells them for 7000$ whenever they have them in stock. There’s another company that sells a comparable miner to Bitmain’s called the Elphapex DG1 and DG1+ but none of them, neither Bitmain nor Elphapex will turn you a profit if you live in Germany or the US due to the electricity costs. Seems to me that mining in the western world is done. RIP 😢
@VoskCoin ok is there a wallet you recommend that is the best for doge and transfer fees? Exchanges can be expensive when trying to convert crypto back into usd to use for living expenses
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What are the power cost Australia is close to 37 cents Au some areas near 50 cents. So $65 per day how many KW.
say someone wants to start mining today what should they order and how much should they spend. Might even make a good video.
how long dose it take to mine?
Can't buy it because link doesn't work
This is literally a white label Volcminer
Thats not true, they’re friends reportedly, and Rabbit is using more efficient chips
@ looks the same 💁♂️
Hmm, for 5nm chips you would expect better efficiency.
Damn...$10,000?...what do they think we are? Rich in America in 2024??? Ha.
It’s about time Bitmain got some competition to keep prices more realistic.. Remember the L7’s going for 23,000 each in Early 2022
The L7s are going for 8000$ right now. You’ll never be profitable due to electricity costs with mining in Germany or in the US. And Bitmain does have competition, they’re always sold out despite there being other companies. Another company that makes a comparable L7 Antminer is called Elphapex, they make the DG1 & DG1+
L7 Antminers are currently selling on Alibaba for 8000, and L9s are going for 12,000$. And Bitmain sells them for 7000$ whenever they have them in stock. There’s another company that sells a comparable miner to Bitmain’s called the Elphapex DG1 and DG1+ but none of them, neither Bitmain nor Elphapex will turn you a profit if you live in Germany or the US due to the electricity costs. Seems to me that mining in the western world is done. RIP 😢
Hi Vosk, are you familiar with Refined Capital crypto miner dealer in Kentucky?
no I am not
@VoskCoin ok is there a wallet you recommend that is the best for doge and transfer fees? Exchanges can be expensive when trying to convert crypto back into usd to use for living expenses
Learned so much here, thanks for taking the time to explain. Recently covered a similar topic on my channel.
im looking to get into bitcoin minning whats ur discord server u can you help me.