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Which coin has the highest yield in l3 mining? (How many Litecoins can an l3 miner mine in a day?)

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Which coin has the highest yield in l3 mining? l3 miners have the highest yield

Which coin has the highest yield in l3 mining? (How many Litecoins can an l3 miner mine in a day?)

Which coin has the highest yield in l3 mining? l3 miners have the highest yield, ranking first.

Over the past month, the number of coins mined by l3 miners has been increasing. In addition to Bitcoin, Ethereum, EOS, Ripple, and other projects have received a lot of attention and investment. With the Bitcoin halvening approaching, many investors have started to focus on mainstream cryptocurrencies like Litecoin and Dogecoin.

According to Coinmarketcap, in January of this year, the price of Litecoin had already dropped more than 90% from its lowest point, with a current decline of over 80%. However, the price of Litecoin has now reached a historical high, with an increase of over 50%.

However, it is worth noting that there is still a high price difference between these two cryptocurrencies. Although mining these tokens requires high electricity costs, they have not been forced to sell like Bitcoin. Therefore, in order to make Bitcoin better, some users choose to redirect their mining profits to l3.

l3 is a way to implement blockchain transactions based on the POS algorithm. It can package all digital transactions into a block (each block will generate 10 new blocks). If you want to create a transaction, you must first find the required information. This information will be sent to the smart contract execution program, which is maintained by the node validator, and then broadcasted and stored on the chain. When your transaction is successful, the system will automatically track the status of the transaction and calculate the result. (Note: There are currently two situations, one is due to the L3+ protocol upgrade, and the other is because the change in the l2 consensus mechanism allows each operation to be recorded.)

Although the current mining cost is relatively low, this type of machine is still quite convenient for ordinary people to use because they can process large amounts of data quickly and are not affected by single external attacks, and they do not need to worry about hardware damage or other security issues. However, when considering purchasing mining equipment, it is best to use ASIC miners with large computing power or more efficient models that can resist hacker attacks.

How many Litecoins can an l3 miner mine in a day?

Editor’s note: This article is from Cyan Cloud Blockchain (ID: cybtc_com), authorized to be reproduced by Odaily Star Daily.

Bitcoin mining is the largest cryptocurrency in the world and has been in a growth trend until May 2018. However, recently, due to the sharp drop in LTC prices, mining difficulty has decreased, so many investors have invested in l3 mining machines.

According to data from bitinfocharts, there are currently nearly 100,000 l3 mining devices running. This means that if calculated based on the current Litecoin price, how many Litecoins can a thousand-plus computing power mine in a day? Someone said at 6 o’clock this morning that the power consumption of an l2 miner is equivalent to running for about 20 hours a day. But I’m still not sure because at this time we need to spend a lot of time learning how to use more advanced machines, so we can’t let these hardware continue to work, we can only choose some newer ASIC chips, such as zkSync and Zilliqa, etc. But in fact, many people still ask a question, can L3 mining achieve a large enough power consumption? It’s not that simple, because L3 miners of different versions such as l1 and l2 do not necessarily achieve such high efficiency, but they can indeed mine more tokens in low-cost environments, and their operations are more convenient. Then how many computing power L3 miners can support so many tokens? First look at the specific electricity bills used by the L4 and L2 series miners. (Note: The electricity fee for L3+ miners is around 8 yuan per kilowatt-hour.) Of course, L3 is also based on the PoW mechanism. That is to say, it will produce more rewards to those who provide services to the mining farms through upgrading mining software or purchasing other products or services. Although, in the current situation, this may be good news, it is not the same for the l2 version of the mining machine. For example, the Antminer S9, currently on the market, has a power consumption of only about 7 watt-hours and has almost doubled in the past two weeks. In comparison, the mainstream L3+ versions currently on the market are about 20% higher than the current level. However, since the beginning of last year, its power consumption has gradually decreased. The average power consumption from the beginning of this year to the present is about 25W/T, which is a very considerable figure; in the third quarter of 2020, this ratio dropped to less than 10%; since the fourth quarter, the average power consumption has slightly increased to 40w/day, which is more than 80W/H.

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