Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

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In accordance with the application-specific built-in circuit (ASIC) mining rig producer Bitmain, the agency is gearing as much as introduce its newest Scrypt miner. The L9, which boasts a hashrate of as much as 16,200 megahash per second (MH/s) and power effectivity of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte.

Bitmain Set to Launch L9 Scrypt Miner in Might for Litecoin and Dogecoin Miners

Bitmain introduced on Tuesday its plans to launch the brand new L9 Antminer in Might. The corporate declared on social media that the forthcoming ASIC stands as an “unchallenged miner” for crypto belongings like LTC, DOGE, and BEL. Presently, Bitmain’s L7 miner is offered out, delivering 9,050 MH/s and sporting an power effectivity of 0.36 J/M. With prevailing crypto asset values and an electrical energy price of $0.12 per kilowatt hour (kWh), the L7 generates an estimated $7 per day.

The upcoming L9 is about to supply 16,200 megahash per second (MH/s) or 16.2 gigahash per second (GH/s) in hashpower. It surpasses the L7 in effectivity, boasting an power effectivity price of 0.21 J/T. This enhancement means that, beneath the identical electrical energy prices, the L9 may probably double the each day earnings in comparison with the L7. Nevertheless, Bitmain’s newest replace on Tuesday overlooked pricing particulars for the upcoming L9 mannequin.

Scrypt miners not solely mine LTC, DOGE, and BEL, however in addition they mine cash like AUR, DGB, EMC2, FLO, XVG, EMD, GAME, and NLG.

Beforehand, the L7 mannequin was priced at $6,335 every, dropping to about $4,435 with a Bitmain coupon earlier than promoting out. The discharge of the brand new miner coincides with the Litecoin (LTC) blockchain reaching a brand new peak in its hashrate, surpassing 1 petahash per second (PH/s). Particularly, the community hit a report of 1.75 PH/s on March 6, 2024, at block top 2,644,992.

Equally, the Dogecoin (DOGE) community noticed its highest hashrate at block top 5,150,193 on March 29, 2024, reaching 3.05 PH/s. Presently, each Litecoin and Dogecoin keep hashrates of simply over 1 PH/s for every community. Previous to the discharge of its newest L7, final month Bitmain launched new Antminer S19 Professional models that includes a 15 J/T effectivity which produces 234 terahash per second (TH/s) per unit.

At current, an S19 Professional prices $6,318, or $4,423 with an organization coupon. Main mining rig producers, together with Canaan, Microbt, Auradine, and Bitmain, are enhancing effectivity rankings with their latest choices and are in thick competitors. As of mid-April 2024, whereas SHA256 mineable cash rank because the fourth most profitable, Scrypt cash are positioned sixth. Upon its official launch, the L9 is about to change into essentially the most worthwhile Scrypt miner obtainable in the marketplace.

What do you concentrate on Bitmain’s new L9 Scrypt miner? Share your ideas and opinions about this topic within the feedback part under.

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