Bitmain produces the Antminer L7, a Scrypt ASIC miner. It has a 9500MH/s output and a 3425W power consumption. This is the most powerful and efficient Scrypt miner on the market right now. All cryptocurrencies, including Dogecoin (DOGE) and Litecoin (LTC), may be mined using the same method. At the following website, you may examine the miner's profitability.
The Antminer L7 is the successor to Bitmain's previous Scrypt miner, the L3, and is expected to raise the bar for miners across the globe. Compared to its predecessor's 596MH/s, the new model is much more profitable. With no rivals, it will undoubtedly remain at the top for some time. Manufacturers are renowned for listening to consumer input and developing what they desire. Despite the fact that Scrypt ASIC mining isn't very popular, this miner will draw a lot of attention to it. The miner will be released in November 2021. MineQ is an authorised Bitmain Antminer L7 reseller.
The new machine will be known as L7 and will be used to mine Litecoin (LTC) and Dogecoin (DOGE) (DOGE). It also implies that all cryptocurrencies based on the Scrypt algorithm will be supported by the ASIC. As a result, you may add projects such as Verge (XVG), Digi Byte (DGB), Net coin (NET), Nova coin (NVC), Bit Connect (BCC), and hundreds more.
Payback period of Antminer L7
Let's compute the payback period using the calculator. So, using the provided parameters and a cost of 0.05 USD per 1 kW/h, we get the following figures:
For DOGE, the cost is 0.25 USD per day, or $3,300 USD per month. As a result, the payback period for Western purchasers is 3.9 months. For LTC at a cost of 150 USD each day, 780 USD every month. As a result, the payback period for Western purchasers is 16.7 months.
You can also use our calculator to calculate the payback time for other cryptocurrencies. DOGE is the most lucrative for mining, although this is only important while its market value is high. The profitability of other assets does not surpass 30 USD per day, substantially increasing the device's payback time.