Bitmain Technologies Ltd. is a privately held company headquartered in Beijing, China that develops application-specific integrated circuit (ASIC) chips for Bitcoin mining. Bitmain Antminer L7 is the improved version of Antminer S4 in terms of performance and energy consumption. It is the world’s first bitcoin mining rig capable of mining scripts. It has a built-in power supply, no additional cables or power supplies are required for most countries. In this article, we will have an Antminer L7 review.
The Bitmain Antminer L7 review shows that it is the most powerful miner for mining Dogecoin (DOGE) and Litecoin (LTC). With a hash rate of 9500 MH/s, Antminer L7 matches the hash rate of almost 20 Antminer L3+ in total. The ASIC supports all cryptocurrencies on the Scrypt algorithm. Therefore, you can add DigiByte (DGB), Verge (XVG), Netcoin (NET), Bit Connect (BCC), Novacoin (NVC), and several other projects.
Among the myriad brands of bitcoin miners currently for sale, it’s hard to find a more efficient and reliable brand than the Bitmain L-series machines. L7 is a newly released product from Bitmain with high performance and low cost.
L7 is an Antminer series manufactured by Bitmain. L3+ and L3 are based on the same design as L3+, the hashing power control is slightly different. The L3+ offers better hashing speed with a new frequency of 504 MH/s with a total consumption of 1650W.
Whether you are in a dorm, office, or home; Whether you’re in the garden or on the balcony, it’s always good to have a few anti-theft tools on hand. This tiny but powerful Bitmain L7 will help you protect your BTC. The L7 is a small portable miner equipped with three powerful neodymium magnets that allow for quick and easy deployment to secure valuables, run errands, and more.
Antminer L7 review: Algorithm
The Bitmain Antminer L7 is an inexpensive but highly effective cryptocurrency algorithm. Bitmain’s Antminer L7 algorithms are very complex and therefore require high efficiency to optimize them. So we decided to make a special chip that can directly process the L7 algorithm. The Bitmain Antminer L7 is a universal multifunctional data center security solution based on the asymmetric algorithm.
Thanks to the use of its power source, the interface allows various useful conclusions. The algorithm has been extended, and more than 160 algorithms have been implemented in hardware and patented. The Bitmain Antminer L7 allows you maximum protection against cybercrime in any data center where there are servers.
Bitmain Antminer L7 uses the dual algorithm of neoScrypt (core) and SHA-256d (tail). It supports P2P mining, local mining, and pool mining. Our highly qualified researchers developed the L7 algorithm. In a short period, the L7 algorithm can effectively prevent millions of users from working together to attack the miners.
L7 is currently the world’s leading algorithm when it comes to countering countless malicious attacks.
Minable Coins
Bitmain Antminer L7-Minable Coins is said to be more efficient than Bitmain Antminer. The machine is developed by a professional China mining machinery and chips supplier with superior technology and service support. It is often used in large mines.
Other devices must be purchased separately. The Bitmain Antminer L7 is designed for home use, not only for coin mining but also for security reasons.
The intelligent circuit and power control system of the power switch design allows you to start safely immediately even if there is a short circuit in the mining machine. no harm is done to the miner or the person.
Mining pools
Get the ready-to-use L7 mining pool server and become part of the blockchain network! The new L7 is a further development of the L3+. It has stronger chip support and a better airflow system. An effective mining pool increases your chances of winning the race to mine 27-28 bitcoin and an annual return of 71-72%, a decent amount for 2 months. Bitmain Antminer L7 is a Bitcoin mining stratum pool, merged mine-lite coin, name coin, no registration.
The Bitmain Antminer L7 is a two-card rig that is 100% made and produced in China. The design only applies to mining Bitcoins and not Litecoin or other cryptocurrencies.
Bitmain’s Antminer L7 is the world’s most powerful Litecoin (Scrypt) miner. It works with a high-speed storage interface and creates a multi-currency mining pool including Bitcoin, Name Coin, Dogecoin, Black Coin, Dash, and others.
SBG Mining, the most trusted bitcoin cloud mining company of 2018, offers you the highest possible return on your investment. Bitmain has practiced transparency and integrity in every business routine. They follow great values and practices to build an honest relationship with customers.
Antminer L7 review: Specifications
- Antminer brand
- Company Bitmain
- Usage/Application Doge & Litecoin
- Algorithm Scrypt
- Power 3450 watts
- Hash rate 9160-9500MHz
Power requirement
The L7 pro comes with the power supply attached, as with most 4th generation ASICs. The power supply does not come with the 2 required power cords; However, as these are regional specs, each requires a 2 pole 20A circuit breaker feeding a 220-240V line.
Power chords must be 10a 14-16 awg rates NEMA digital ballast. There is no difference between the 9.16 and 9.5 models, they are essentially the same unit. Bitmain does not guarantee shipments of L7 capable of consistently mining at exactly 9.5 GH/s. This number is simply considered the high-end hash rate, with 9160 representing the low-end.
Payback period of Antminer L7
We use the BiXBiT calculator to calculate the payback period. With the characteristics as well as the cost of $0.05 per 1kW/h, we see the following figures:
For DOGE, at a rate of $0.25 – $110 per day, it’s $3,300 per month. Therefore, the payback for western buyers is 3.9 months.
With LTC, it’s $780 per month at a rate of $150 – $26 per day. Therefore, if you are a western buyer, the payback is 16.7 months.
The most profitable mining is for DOGE, but only when its market value is at a high level. The profitability of other assets does not exceed $ 30 per day, which significantly increases the payback period of the device.
Antminer L7 review: Profitability
In the cryptocurrency world, the first factor in making profits is choosing the right coins. For example, Bitmain represents more than 50% of the total Bitcoin miner’s market share.
But did you know that the most powerful and efficient Antminer L7 is in stock in the China warehouse? Thrive! Mining means making money, lots of it. Now is the time to take advantage of market conditions. Don’t miss out on the winnings. The cost of this type of miner is around $1,000.
Conclusion
The Antminer L7 is a great investment for both new and experienced miners. Its high quality and reputation for consistent returns make it one of the best in its class. With just over 3 months of mining on a single device, this is an easy buy if you want to get into mining without spending a fortune upfront.
The return on investment pays for itself in less than 3 months, depending on your electricity costs. It is also the first Litecoin mining hardware to support mining on SHA2 or Scrypt algorithm-based coins like Litecoin.
Why Bitcoin cloud mining?
An unknown individual or group called Satoshi Nakamoto introduced the Bitcoin network in 2009. In 2021, there will be more than 10,000 different projects in cryptocurrencies. So each of them has its role in building the future of money.
The market value of cryptocurrencies reached $ 1 trillion for the first time in January 2021. It passed $ 2.5 trillion less than three months later. So it shows that this market is one of the growing markets favoring its investors.
The Minerland Bitcoin Cloud Mining is a cloud miner website. It will join a pool and purchase a certain amount of hash power. In this pool, the profit will distribute equally among all participants who have participated in the mining pool. It will happen based on hash power. Also, the cloud mining platform allows you to mine your BTC. You can do it without installing any hardware and at no extra cost. So Minerland is the best crypto cloud mining service to earn Bitcoin. It helps you invest in Bitcoin easily and with low risk. For more information about us, you can follow Minerland’s Instagram account.
