About Mining LTC (Antminer L3+)
Want an eye opener? Check the 9 month difficulty chart for LTC ...
https://bitcoinwisdom.com/litecoin/difficulty
You can see when the Chinese miners started using their batches (Which they got before anyone else) in May and look how much the difficulty rose before the first L3+'s were delivered in July .. (Yes .. Remember how the L3+ was promised to deliver 100's of dollars a day?
Well .. Here it is only a few weeks after the first batch was delivered to us and the price is already down to $55/day)
Also .. The L3+ is now down to about $23/day .. It was making 1LTC in Mid-July .. It's making 0.5743LTC today ...
https://www.cryptocompare.com/mining/bitmain/antminer-l3plus