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A miner for Dogecoin and Litecoin cryptocurrencies has been developed

5:23 pm, January 18, 2023

One of the world’s largest Chinese cryptocurrency mining companies, BIT Mining, has announced the creation of a device for mining Litecoin (LTC) and Dogecoin (DOGE). The new device is called BeeMiner LD3 and is already available for purchase.

According to BIT Mining representatives in a press release, the BeeMiner LD3 has a performance of 4800 MH/s with an energy efficiency of 0.73 W/MH. To increase reliability and stability, the chip capacity in the machines is utilized by 90%. It is believed that in this way, the manufacturers will be able to extend the life of the devices and increase the periods between maintenance.

«It is one of the few modern LTC/DOGE mining products available that provides high profitability with the shortest ROI,» BIT Mining emphasized.

According to the company’s employees, LD3 provides enhanced security guarantees for cryptocurrency miners by implementing protection mechanisms at the software and hardware levels. So far, about 5000 LTC and DOGE mining devices have been manufactured. Some of them are intended for BIT Mining’s internal use, and some are for sale.

Despite the market difficulties in 2022, some mining hardware companies managed to make money. According to representatives of Bitmain, in December, its new HNS HS3 mining device Antminer was sold in a record 27 seconds. One customer could purchase no more than 5 units, but this did not prevent miners from buying the entire batch of new equipment at once.

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