Bitmain Antminer L7 is an ASIC Crypto Miner specialized in Scrypt algorithms and is used to mint popular cryptocurrencies Litecoin and Dogecoin.
The Bitmain Antminer L7 produces 9,160 mh/s at hashrate, has a power efficiency of 0.35 and a power consumption of 3,225 W (efficiency and power rating of 25°C). The miner was first released in November 2021 and was manufactured in Indonesia. Prices for the Bitmain Antminer L7 range from $4,500 to $5,500 depending on the vendor. At the time of writing, the Miner is listed as sold out on the official Bitmain website.
Litecoin and Dogecoin are the most popular coins that can be mined with the Bitmain Antminer L7, but they can also be used to mine other script-based cryptocurrencies such as Digibyte.
Important highlights:
- Specialised in Scrypt Mining and used to mine other coins like Litecoin, Dogecoin, and Digibyte
- Generates 9,160 mh/s at hashrate with a power efficiency of 0.35 j/mH and 3,225 W of power consumption
- Released in 2021, manufactured in Indonesia, and sold out on Bitmain’s official website.
- Profitability when electricity costs are below $0.14/kWh and annual profits are up to $1,796/kWh
- The most efficient Scrypt Miner on the market, but is not ideal for casual users due to its high cost and high ROI risk
How much does Antminer L7 earn per day?
The profitability of the Bitmain Antminer L7 depends primarily on the amount you pay for electricity. At the time of writing, Litecoin is trading at $93.10 and Dogecoin is trading at $0.19. Based on these prices and current difficulties in mining at LTC and Doge, the breakpoint for electricity costs is $0.14 per kilowatt-hour. In other words, if the electricity cost is below 0.14 kWh, the Bitmain Antminer L7 is currently profiting.
However, even if mining is routinely technically profitable, you need to consider how long it will take for miners to earn enough mining revenue to pay for itself. It is also important to consider the fact that ASIC miners themselves steadily lose value over time.
Here is a quick breakdown of how the profitability of the Antminer L7 changes based on different electricity prices, assuming current LTC and Doge prices, as well as current mining difficulty.
At the time of writing, the Bitmain Antminer L7 is Scrypt Mining Algorithm’s most profitable ASIC miner. However, we do not recommend that the average user participate in ASIC mining, as it requires a very favorable electricity price and a very favorable electricity price to mining such as Litecoin and Dogecoin to make economic sense. Of course, this is not the case if you are primarily trying to mine coins as a hobby and are not planning to make a profit from the mining industry.
FAQ
So let’s quickly answer some of the most common questions about Bitmain Antminer L7 Asic Miner.
Which coins can I mine with L7?
The most popular coins you can mine with the Antminer L7 are Litecoin, Dogecoin, and Digibyte. Miners can also be used to minify even more vague coins, such as Florincoin and Auroracoin.
How much power does the L7 use?
The Antminer L7 has a power rating of 3,225 watts and its power efficiency (J/MH) is rated at 0.35. These specifications assume a temperature of 25 degrees Celsius.
What is the hash rate for the L7?
The Antminer L7 hashrate is 9,160 mH/s (mega hash per second). This corresponds to 9.16 GH/s (gigahash per second).
What is the input voltage for the Antminer L7?
According to the official specifications, the input voltage of the Antminer L7 is 200-240 volts.
What is the dimensions of the Antminer L7?
The Antminer L7 dimensions are 370/195.5/290 (length, width, height, millimeters).
Conclusion
The Bitmain Antminer L7 is a way to go if you are trying to mine popular Scrypt-based cryptocurrencies, especially Litecoin and Dogecoin. However, it is not so easy to make a profit from mining in today’s highly competitive situation. Also, efforts require a very advantageous electricity price to increase profitability.
If you’re also wondering about other miners besides the Antminer L7, check out our list of the best ASIC miners available on the market today.
