Hashnest Earnings 6/19 - So far so good

in #litecoin8 years ago

This is a follow up story on my post about Hashnest's L3+ miner going out of stock. Well, we were lucky to get 4 units but not the 6 units we intended.

https://steemit.com/litecoin/@cryptokash/world-s-most-powerful-ltc-miner-goes-out-of-stock-need-investment-suggestions

Here's the status and so far so good:

Hash Power: 2016 (4 L3+ miner)
9-10 days: 41.5 LTC ~ $1867 (@ $45 USD/LTC)
In about 20 days we'd have recovered the cost for 1 unit.

Img source: Hashnest dashboard

Common with all cloud based mining, as the coin's value against the USD increases, the output for the day decreases... I don't know the logic behind it yet, could be difficulty, could be something else.

I'll be posting our Genesis-mining stats if anyone is interested.

Thanks for reading!

@cryptokash

Sort:  

As the price increases other miners take notice and switch to the more profitable coin (sometimes automatically), increasing the difficulty and lowering how much your miner would earn.

yeah i guess.. and you're probably referring to mining pools ? i don't think individual miners will have much effect.. unless you account for 1-5% of the total HP

wow thats pretty good $$$, but it only mines LTC right ? is it able to mine other alts ?
and how much for each ? thanks for the update.

Yeah LTC only. If you order for the L3+ it's only under 2K USD. You have to power it and maintain it yourself. If you have it hosted in hashnest's DC, it's 3600 USD, which covers maint costs. I believe it can mine Scrypt coins.

Thank you for the info :)

you're welcome @epixar! I'll be posting an update soon as I've increased my HP.