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If you are getting 874mW then you are giving the diode quite a bit more than 230mA. The 445 has a voltage drop around 4.5V around 1.5A.
Yes a properly set up LM317 will work fine. See the driver section for LM317 based drivers.:beer:
Yes a properly set up LM317 will work fine. See the driver section for LM317 based drivers.:beer:
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