Analysis

Is Litecoin mining profitable now? The costs of seven ASIC setups

Seven Scrypt ASIC configurations compared with dated LTC and DOGE inputs, five electricity prices, manufacturer availability and reproducible payback scenarios. Cheap power can cover operating costs without making a new machine a good investment.

Is Litecoin mining profitable now? The costs of seven ASIC setups
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Content review recorded: 2026-10-01. The review record does not identify a separate independent reviewer. An edited date above records an edit, not a new fact-check.

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Litecoin mining can still cover its electricity bill in this snapshot. That is a much lower bar than earning back a new machine. An Antminer L9 16G at $0.10/kWh produces a modeled $1.33 a day after electricity and a 2% pool fee, at 95% uptime. Add $1 a day for other running costs and the margin falls to $0.33. At $0.15/kWh, every configuration below is negative before those extra costs.

The most efficient device in this comparison is the liquid-cooled L11 HU2. The L11 is the strongest air-cooled model on energy efficiency. Both were marked sold out in BITMAIN’s official shop. The L9 was listed for spot sale at a much lower machine price. A cheap L7 can have a shorter simple payback at very low electricity prices, but that advantage is easily lost to running costs. Those distinctions matter more than a single “most profitable miner” ranking.

Snapshot: market and network inputs captured 30 September 2026 at 23:43:28 UTC — 1 October, 01:43:28 in Warsaw. This is a dated calculation, not a live earnings claim. Load the fixed L9 example in our calculator, or use current automatic inputs before making a purchase.

What “Litecoin mining” pays you for

These machines use Scrypt. A Bitcoin SHA-256 ASIC cannot be substituted, and a gaming GPU is not a competitive option for this calculation. A merged-mining pool can use compatible work for Litecoin and Dogecoin together. The revenues are separate; they must be calculated using each network’s difficulty and subsidy.

In our L9 base case, DOGE supplies 84.8% of modeled coin revenue. The LTC component is $1.37 per day after the fee, against $7.62 from DOGE. If the pool does not credit DOGE or an equivalent converted reward, the L9’s LTC-only electricity ceiling is just $0.0178/kWh. Ignoring merged rewards makes the economics look far worse; counting the same rewards twice makes them look falsely attractive.

Check how your pool pays before comparing fees. LitecoinPool’s published rules describe a nominal 2% PPS fee on both LTC and DOGE and no payout fee. Other merged coins can support its payout ratio without appearing as separate coins in your wallet. Our model includes only LTC and DOGE, with the captured 98% ratio represented as a 2% fee. It does not add speculative BELLS or other rewards.

The hardware: efficiency, price and availability

We checked manufacturer listings rather than treating reseller descriptions as confirmed specifications. Power is the listed miner wall consumption; it is not a measurement from our own hardware. The comparison covers seven configurations of six devices, including two modes of one small Goldshell miner. It is a selected set, not a complete market catalogue.

Manufacturer listings checked for this comparison; USD prices before delivered costs
ConfigurationGH/sWall powerJ/MHListed USD price / status
Antminer L7 9050M9.053,258 W0.360$724.00
Spot listing
Antminer L9 16G163,360 W0.210$3,360.00
Spot listing
Antminer L11 20G203,680 W0.184$9,380.00
Sold out; displayed price
Antminer L11 HU2 35G355,775 W0.165$16,415.00
Sold out; displayed price
ElphaPex DG2+20.53,900 W0.190$10,045.00
Futures listing
Goldshell MINI DOGE III PLUS · default0.81500 W0.617$474.00
In stock; listed price
Goldshell MINI DOGE III PLUS · low power0.62300 W0.484$474.00
Same machine, alternate mode

The L11’s 0.184 J/MH rating is more efficient than the L9’s 0.210 J/MH. The hydro L11 HU2 reaches 0.165 J/MH at the miner. BITMAIN’s shop marked the L11 and HU2 sold out, so their displayed prices are not currently executable purchase offers. ElphaPex marked DG2+ as futures. We do not model a future unit as already installed and earning revenue.

Shipping, import charges, applicable taxes, installation and coupon eligibility can change a quote. Our price comparison uses the displayed prices before coupons. BITMAIN’s older L7 9050M support sheet lists 3,260 W; the current shop listing shows 3,258 W. We use the current listed SKU’s 3,258 W, rather than combining the price of one variant with the performance of a faster one.

Daily margins at five electricity prices

All rows use the same coin prices, a separate difficulty for each network, a 2% fee and 95% uptime. We assume the miner consumes no power while offline. The table excludes external cooling, repair, rent, finance, tax and the purchase price. Its positive cells are money available to pay those costs, not a completed investment return.

Modeled daily margin after pool fee and electricity, before all other costs
Configuration$0.05/kWh$0.10/kWh$0.15/kWh$0.20/kWh$0.30/kWh
Antminer L7 9050M$1.37−$2.34−$6.06−$9.77−$17.20
Antminer L9 16G$5.16$1.33−$2.50−$6.33−$13.99
Antminer L11 20G$7.04$2.84−$1.35−$5.55−$13.94
Antminer L11 HU2 35G$13.08$6.49−$0.09−$6.67−$19.84
ElphaPex DG2+$7.07$2.62−$1.82−$6.27−$15.16
Goldshell MINI DOGE III PLUS · default−$0.11−$0.68−$1.25−$1.82−$2.96
Goldshell MINI DOGE III PLUS · low power$0.01−$0.34−$0.68−$1.02−$1.70
Daily power margin for L7, L9 and L11 at different electricity pricesThe same prices, separate network difficulties, 2% fee and 95% uptime apply to all three miners. Zero is the operating break-even line; hardware cost and other costs are excluded. 2026-10-01T02:09:59.895360 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/ $0.00 $0.05 $0.10 $0.15 $0.20 Electricity · USD/kWh −10 −5 0 5 10 Daily margin after power and pool fee · USD L7 9050M L9 16G L11 20G
A better-efficiency miner loses less as electricity rises. The crossing of zero pays the modeled power bill only; it does not repay the machine. Download SVG.

At $0.10/kWh the L9 has $1.33 a day left. The L11 has $2.84. At $0.20/kWh, their respective losses are −$6.33 and −$5.55. A larger hashrate does not overcome a power price above the device’s revenue per kWh.

The electricity ceiling is your first rejection test

A ceiling for paying the electricity bill; it does not recover the purchase price
ConfigurationAfter-fee revenue/dayActive kWh/dayBreak-even USD/kWhReference PLN/kWh
Antminer L7 9050M$5.0874.28$0.06840.263
Antminer L9 16G$8.9976.61$0.11730.451
Antminer L11 20G$11.2483.90$0.13390.515
Antminer L11 HU2 35G$19.66131.67$0.14930.574
ElphaPex DG2+$11.5288.92$0.12950.498
Goldshell MINI DOGE III PLUS · default$0.4611.40$0.03990.153
Goldshell MINI DOGE III PLUS · low power$0.356.84$0.05090.196
Electricity price ceilings for seven Scrypt ASIC configurationsConstant snapshot, 2% pool fee, 95% uptime; before equipment and other running costs. Hydro cooling outside the miner is excluded. Exact numbers appear in the adjacent table. 2026-10-01T02:09:59.827809 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/ $0.000 $0.025 $0.050 $0.075 $0.100 $0.125 $0.150 $0.175 Electricity ceiling · USD/kWh L7 9050M L9 16G L11 20G L11 HU2 35G DG2+ MINI DOGE III PLUS MINI DOGE · low power $0.0684 $0.1173 $0.1339 $0.1493 $0.1295 $0.0399 $0.0509
The base ceiling is after-fee revenue divided by active miner kWh. The hydro figure excludes its coolant pumps and heat rejection; adding those reduces the ceiling. Download SVG.

An L9 electricity bill above $0.1173/kWh consumes all modeled revenue before other costs. With a $1/day allowance for other costs, that ceiling falls to $0.1043/kWh. A near-zero cushion is not enough to absorb lower payouts, a broken fan or an adverse exchange rate.

The small MINI DOGE III PLUS illustrates why “home miner” and “income-producing appliance” are different descriptions. Its low-power mode has a better ceiling than its default mode. At $0.05/kWh, however, the low-power mode leaves only $0.01 per day before every other cost. That rounds to roughly one cent; it provides no practical route to recovering a $474 machine under unchanged inputs.

A faster payback can disappear when you include $1 a day

Static machine-price payback at $0.05/kWh; cooling and delivered costs still excluded
ConfigurationDisplayed machine priceNo other daily cost$1/day other cost
Antminer L7 9050M$724.00529 days1957 days
Antminer L9 16G$3,360.00651 days808 days
Antminer L11 20G$9,380.001332 days1553 days
Antminer L11 HU2 35G$16,415.001255 days1359 days
ElphaPex DG2+$10,045.001421 days1655 days

At $0.05/kWh, the inexpensive L7 appears to repay its displayed machine price faster than the L9 when we count only electricity and the pool fee. A $1/day additional cost reverses that comparison: roughly 1957 days for the L7 versus 808 for the L9. This is why a hardware ranking without a purchase price and cost boundary is incomplete.

For a separate L9 example, assume $4,000 delivered and installed, $0.05/kWh and $1/day additional cost. The $4,000 is an illustrative total, not a supplier quote. The modeled margin is $4.16 per day and static payback is about 962 days, or 2.64 years. At $0.10/kWh, the same setup needs about 12,215 days, over 33 years, in the static calculation. That number describes a thin margin; it is not a credible estimate of the machine’s working life.

Static payback freezes future prices and difficulties. The calculation does not establish that a miner will stay operational, retain the same payout or find a buyer at the end. Our mining ROI tool lets you enter your delivered cost and compare explicit monthly assumptions.

Twelve 30-day months; hypothetical L9 purchase and setup cost of $4,000
Monthly change in both difficultiesMonth 12 margin/day360-day operating cashCash after initial $4,000
0%$4.16$1,496.83−$2,503.17
2%$2.40$1,169.71−$2,830.29
5%$0.42$770.51−$3,229.49
Twelve-month L9 cash scenarios after a 4,000-dollar purchaseElectricity is 0.05 dollars per kWh, uptime 95%, fee 2%, overhead 1 dollar per day. Coin prices stay fixed; both difficulties grow by the chosen monthly factor. No path recovers the initial cost in these 360-day scenarios. 2026-10-01T02:09:59.971246 image/svg+xml Matplotlib v3.11.1, https://matplotlib.org/ 0 2 4 6 8 10 12 Month · 30 days each −4000 −3500 −3000 −2500 −2000 −1500 −1000 −500 0 Cumulative cash after a $4,000 setup · USD 0% monthly difficulty change 2% monthly difficulty change 5% monthly difficulty change
Three illustrative paths, not probability estimates. Both network difficulties follow the chosen monthly change; coin prices stay fixed. All paths remain below recovery of the initial $4,000 after 360 days. Download SVG.

Why two “current profit” calculators can disagree

Our primary case uses LitecoinPool’s displayed 24-hour average DOGE difficulty of 37,177,938.8816. A separate Blockchair capture reported an instantaneous DOGE difficulty of 27,580,455.3006. The LTC difficulty was effectively identical. Holding our prices and all other inputs fixed, swapping only that DOGE difficulty raises the L9’s modeled total coin revenue by 29.5%.

Neither snapshot is a record of what your machine actually earned. DOGE difficulty changes by block, and the pool’s average is being used here as a constant scenario. It is not an integration of changing rewards across the previous 24 hours. A single low-difficulty moment is especially weak evidence for a multi-year purchase.

L9 sensitivity at $0.10/kWh, 95% uptime, 2% fee and $1/day other costs
Single changed assumptionAfter-fee revenue/dayMargin/dayElectricity ceiling
Base snapshot$8.99$0.33$0.1043/kWh
Both coin prices −30%$6.29−$2.37$0.0691/kWh
Both difficulties +20%$7.49−$1.17$0.0847/kWh
Swap in instantaneous DOGE difficulty$11.64$2.98$0.1389/kWh
Halve LTC subsidy; hold DOGE unchanged$8.30−$0.36$0.0954/kWh
Miner wall power +5%$8.99−$0.06$0.0993/kWh

The same table keeps the 2027 halving effect separate. Halving only Litecoin’s subsidy reduces the L9’s modeled daily revenue by $0.68, about 7.6% of combined revenue in this snapshot. DOGE’s subsidy is unchanged in that scenario. It does not follow that total merged-mining income halves. Future DOGE price and difficulty can have a much larger effect. See the halving tracker and our post-halving mining guide.

For a Polish electricity bill, convert the full marginal rate

The NBP reference rate used here is 3.8449 PLN per USD, dated 30 September 2026. It is a mid-rate, not an offer to convert mining payouts. The L9 base electricity ceiling corresponds to about 0.451 PLN/kWh. Add $1/day other cost and it falls to about 0.401 PLN/kWh.

Illustrative Polish electricity rates; L9 with $1/day other cost
Electricity PLN/kWhElectricity USD/kWhDaily margin USDDaily margin PLN
0.400.1040$0.020.07 PLN
0.600.1561−$3.97−15.25 PLN
0.800.2081−$7.95−30.57 PLN
1.000.2601−$11.94−45.89 PLN

These tariffs are examples, not a claim about a national household average or your supplier’s contract. Use the additional amount the miner adds to your bill, including applicable variable distribution charges and taxes. Add fixed charges only when the installation creates or increases them. If a tariff changes after a consumption limit, calculate the miner’s consumption in the affected band. Its L9 power use is about 2,298 kWh in a modeled 30-day month at 95% uptime.

Cooling, heat reuse and solar power can change the answer

The L11 HU2 has the highest modeled daily margin in this set, but its 5.775 kW wall rating is not a complete cooling-system budget. The manufacturer specifies three-phase 380–480 V supply and 8–10 litres per minute coolant flow. Pumps, fans, heat rejection and their installation need separate prices and power measurements. It is not an ordinary household plug-in alternative.

For an air-cooled L9, 3.36 kW becomes roughly the same continuous heat output while running. BITMAIN lists 75 dBA under its stated fan conditions; the L11 lists 76 dBA. Treat ventilation and noise as installation constraints. A qualified electrician should assess the actual circuit, protection and connections for continuous operation; a hashrate specification does not establish electrical suitability.

Heat reuse should be credited only when it replaces heat you would otherwise buy. Replacing resistance heating is a different comparison from replacing a heat pump. Do not credit heat that is vented outdoors, or count the same avoided electricity twice. A winter advantage can disappear in summer.

Solar electricity also has an alternative use. Foregone export income or electricity that could replace grid purchases belongs in its opportunity cost. A miner running only in surplus hours earns for fewer hours; apply the actual operating schedule rather than attaching a zero electricity price to 24-hour revenue. Battery losses and wear need their own allowance.

Which configuration would I investigate first?

  • For an available air-cooled machine: compare the L9’s delivered quote with your all-in power price and running costs. In this captured set it offers a more plausible purchase cost than the displayed L11 or DG2+ prices, but cheap electricity is still necessary.
  • For energy efficiency in an air-cooled installation: the L11 leads the air-cooled configurations compared here. Verify availability and the actual delivered price; the official listing was sold out.
  • For an equipped hydro installation: the L11 HU2 leads miner-level energy efficiency and daily cash margin in this comparison. Recalculate after adding the entire cooling loop and installation cost.
  • For an inexpensive L7: investigate only with a genuinely low marginal power price and a credible condition/repair allowance. Its low listed price helps payback; its higher power per unit of work gives much less room for worsening conditions.
  • For a quiet small home device: treat the Goldshell comparison as a costed hobby unless your own measured payout and power cost establish a worthwhile margin. A nearly zero positive calculator result does not finance a new appliance.

Before paying, obtain the exact hashrate variant, PSU and cooling requirements, delivered total, warranty terms and expected dispatch date. Compare at least a lower-payout scenario, not just the base. If you already own a miner, the run-or-stop question concerns incremental costs; a new purchase must also recover capital. Those are separate decisions.

Data, equations and how to check the result

Frozen inputs, rather than live values that change while you read
InputRecorded valueScope
LTC price$67.17LitecoinPool calculator default; indicative USD quote
DOGE price$0.09456Same calculator capture
LTC difficulty92,047,503.9916Current network difficulty in the captured calculator
DOGE difficulty37,177,938.8816Pool-published 24-hour average, modeled as constant
Subsidies6.25 LTC / 10,000 DOGECoins per block, modeled separately
Pool fee / uptime2% / 95%Fee on both revenues; mining and miner power stop together during downtime
Other running costs$0/day in comparison tablesExplicit $1/day only in marked L9, sensitivity and payback cases
USD/PLN3.8449NBP table 190/A/NBP/2026; 30 September reference mid-rate

For each coin, expected coins/day ≈ hashrate_GH × 10⁹ × 86,400 × uptime × subsidy ÷ (difficulty × 2³²). We calculate LTC and DOGE separately, convert with their own USD prices, then deduct the fee once from each revenue. The standard difficulty-work approximation is appropriate for these displayed estimates; rounding is applied only after calculation.

Active daily kWh = wall_W ÷ 1,000 × 24 × uptime. Margin = after-fee revenue − electricity − stated other costs. The electricity ceiling divides revenue remaining after stated other costs by active kWh. Transaction fees, extra merged coins, rejected shares, firmware fees, finance, taxes and resale are not silently included. A 95% uptime assumption does not measure your stale-share rate or hardware errors.

Our Python calculations agree with the existing JavaScript mining calculator for all seven configurations. A separate LitecoinPool calculation using the same frozen values at 100% uptime returned $9.46 revenue, $8.06 electricity and $1.40 margin for the L9 at $0.10/kWh. Our unrounded calculation gives $1.3973; applying 95% uptime gives the article’s $1.33. This checks arithmetic, not future payouts.

Download the frozen inputs, standard-library Python script and results, the hardware CSV, electricity scenarios or full JSON results. Follow the reproduction notes and verify SHA-256 checksums. The script runs offline against the recorded inputs; it does not replace them with newer quotes.

Primary references: LitecoinPool’s calculator and reward rules; BITMAIN’s official listings and the per-model links above; ElphaPex’s product list; Goldshell’s two operating modes; Blockchair’s instantaneous DOGE comparison; and NBP’s published exchange-rate table. Report a reproducible error through our corrections page.

AI-assisted research, drafting, code and illustration; scripted arithmetic checks. This study does not include physical miner measurements, a hardware reliability test or an independent human review. The hero is a generated editorial illustration, not a photograph of devices tested for this article.

Jarosław Wasiński
Editor-in-chief · Financial markets and Litecoin education

Editor-in-chief of Litecoin.watch and founder of MyBank.pl. His published work covers foreign exchange, financial education and Litecoin. On Litecoin.watch, his remit includes editorial direction, source transparency and the practical guides and research published by the site.

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