Litecoin halved ant mining machine L3 dishwashing net computing power will be reduced by 30%

The halving of the Litecoin means that the mining revenue will be directly reduced by half. A batch of Litecoin mining machines will temporarily bid farewell to the stage, and the overall network computing power will be reduced by 30%, unless the price of Litecoin rises gratifyingly. As for the future of the currency price, it is very difficult to judge. This is an uncertain future for the Litecoin miners.

As the mining machine washes, the pre-calculation power will be reduced by 20%-30%.

The Litecoin is derived from Bitcoin. According to the pre-set, it also has a mining output halved. The halving period is 84,000 blocks, and the halving period is about 4 years according to the mechanism of one block every 2.5 minutes.

In August 2015, Litecoin was halved for the first time. On August 5, 2019 (block height 244220) around 6:21 pm, Litecoin will halve for the second time.

After halving, the mining output of each block of Litecoin will change from 25 to 12.5. Its annual inflation rate will fall from 8.7% to 4.26%. Incidentally, the production of Litecoin has reached 75%.

What does this mean for mining?

The current daily net profit of the core A6+ mining machine is the highest, about 33.24 yuan (4.6956 US dollars). The core A4 has reached the price of the shutdown. The ant L3+ series has entered the ghost gate with one foot, and the daily net profit is around 5.25 yuan (0.7402 US dollars).

We assume that the price of Litecoin is unchanged, and the factors such as the optimization of the mining machine and the difficulty adjustment after the reduction of the calculation power are excluded, and the cost of the electricity of 0.25 yuan (0.7402 USD) in the wet period is calculated as a halving.

Core A6+ net income was 10.3 yuan ($1.4521), and Jinbei mining machine X6 was 7.3 yuan ($1.0292). The ant mining machine L5 is 6.8 yuan ($0.9587). The electricity costs of the above three mining machines are less than 30%. The mining machine behind it is rather miserable. In particular, the net income of ants L3++ is -0.455 yuan ($0.06415), and the ant L3+ is -0.315 yuan ($0.04450). From the static data, the ant mining machine L3 series will be wiped out.

Fish pond (F2Pool) founder Shenyu introduced, the current market mainstream is L3 + overclocking version, after halving will eliminate a lot of ant mining machine L3 +, it is estimated that the overall elimination of the computing power will account for 20% -30% of the entire network.

After calculation, the founder of the WTC mine, BTC.TOP, Jiang Zonger believes that after the halving, the mechanical and electrical expenses of the Litecoin mine will be down at 0.26 yuan ($0.03673). These shut-down machines either migrate to low-cost locations or sell them directly.

However, once the mining machinery, the overall network computing power declines, after the difficulty adjustment, the unit revenue will rise again, Jiang Zhuoer said that the income increased by 20%, the electricity fee of 0.3 yuan (0.04230 US dollars) of the mining machine can be on the job again. The sacred fish called this competition "the game between stocks and mines."

Shenyu also believes that miners should calculate the cost and pay attention to the price to do the cash-holding. After about half a day of production cut, the difficulty of mining is over, and the cost and benefits of the miners will have clear results. The miners can clearly see if the ant mining machine L3+ can still be dug. During this period, some miners should choose to wait and see, and wait until the results are clear before making a decision.

It can also be seen from the above that the new mining machine has high computing power, low electricity cost ratio and strong competitiveness. Of course, the price of the machine is naturally high. A replacement between the old and new mining machines is being staged.

Before the arrival of the flood season, 200-300 yuan ($28.1968 - $4.22952) was purchased by the Wright coin mining machine (the old mining machine), which has recovered the cost and obtained a good profit. “For mining, relatively advanced mining machines allow miners to maintain cash flow while in a bear market, but for investment decisions and behaviors, it is largely a matter of luck, because almost no one can predict the price of the currency.”

Halved = To The Moon?

Several Yangxian lines changed to three views, and the "spicy bar eighty" ringed the coin. On January 1, 2019, the price of Litecoin was $30. After that, Litecoin began to rise wildly, up to $138. After that, it was adjusted back with the broader market. The current price is $94. Counting, Litecoin has risen about three times this year, and it still has a double increase. Ranked 5th in the market for digital currency market capitalization.

Litecoin has only experienced a block halving in history. Before that, the price of Wright began to rise in the first three months after halving. After the block reward was halved, the price began to fall.

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