Bitmain Launch new L7 Mining ASIC.

Bitmain Launch new L7 Mining ASIC.

Talking at an occasion in Chengdu, China on June nineteenth, Bitmain, the biggest provider of specialized ASIC cryptocurrency mining {hardware}, introduced the discharge of its new L7 Scrypt primarily based mining {hardware}.

Colin Wu a Journalist on the occasion reported the brand new L7 purports to have a hash fee of 9500MH/s a rise of 19x from the earlier era L3+ that launched in 2017. It would require a 3425W energy provide, subsequently operating at an effectivity of 0.36 Joules/MH and can price a reported 100,000 Yen or ~$15,000 however comes with a 13% low cost for abroad purchases. In accordance with Coinwarz at an electrical energy unit price of $0.1 per KWH the profitability on the L7 is round $100/day primarily based on the present market worth of Litecoin and Dogecoin (which is merge mined with Litecoin).

The estimated supply for this new {hardware} is November 2021.

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