Bitcoin Forum

I tried to look for a similar thread but couldn't find any so here it goes...

Can a SHA256 or Scrypt ASIC rigs be repurposed/rented out to be used in other industries like Oil & Gas, supercomputer type applications?

Just wondering, if one day there is no more use of a ASIC miner...

No. SHA256/Scrypt ASIC miners are only designed for cryptocoin mining. They are designed for calculating double SHA256 hashes. ASIC miner takes the header and hash while increasing a nonce after each failure (not reaching the target). You can mine alt coins that uses that specific algronithm designed for that machine or heat your house :).

I don't know what algorithm use vanitygen to generate customs bitcoin address.
But has anyone tried to use the Asics miners to use the vanititygen?

Maybe it can, if you have a smart and creative brain.

I've seen a couple guys using their ASIC's as a space heater, but i guess that's about it  ;)

ASIC stands for Application-Specific IC, which means that it is designed for a specific application. In this case, the application is Bitcoin mining (or other similar cryptocurrencies). But it could also work as a heater, as mocacinno  suggested.

You can use Asics to mine for vanity addresses, and probably sell these addresses for more than you'd get for mining..

Computer chips are like little ASICs, sort of. Re-develop the ASIC to work well in combination with other ASICs, and build a gigantic ASIC computer. Then crack the blockchain rather than the mining code.

:)

You can play video games on them.........


......if you can stack them high enough to use as a chair.

Since they came in different designs, you could connect a mess of them together like over-sized Lego pieces.

worst case the whole board will be used for something else, you just need to remove the chip

maybe int he future they will discover a way to re-program them like with fpga or at worst to add another fuction on top of the one that is there already

No, you can't. At least not Bitcoin vanity addresses. The vanity address calculation algorithms are different from the mining algorithms.

You could use them as space heaters. I've seen some people doing that.

for one thing you gotta sell them off before they became huge boat anchors! hey a boat anchor theres a use!

I have a old school jalepeno from BFL that took 1 year to get and could only use for 4 months
sitting on my desk as a reminder to sell the machine I have before its useless for some profit

God Lord that's one expensive heater, I can tell you this! :)

No, at the moment the only usage is for Bitcoin mining or some other alts mining that share Bitcoin's algorithm, which in the end almost always turns out to be a waste of money since these alts are 99% all of the scams!

Mining business is pretty ruthless when you think about it more closely! No place for mistakes!

The heatsinks from KnC miners are pretty high quality. You should be able to use them as CPU heatsinks if you can fabricate the mounting hardware.

Also don't forget PCB coasters: https://www.google.com/search?q=pcb+coaster&biw=1366&bih=620&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjipsH788DJAhVKOj4KHXhaA3YQ_AUIBigB

True... But if you use them for mining, and as a space heater at the same time, you can heat your space for free (since reasonable HW will produce enough BTC to cover the electricity costs).  ;D

I'm actually on the lookout for a dirtcheap S1-S5 for exactly this reason (it's winter, and we heat part of our house electrically anyways, so why wouldn't i use a dirtcheap secondhand antminer and make almost enough coins to cover my electric bill)

Chip re-purposing for your own ASIC :D Heatsinks and PSU's can also be used :)

Random number generator.

Extremely useful heater (after down clock and apply quiet fans), it runs 24/7 so you don't need extremely large power consumption to heat a house, and the electricity cost is compensated by the mined coins

i've heard bad things about health problem with an asic running in your home, there was one guy that had this problem

air get toxic after a while if too much heat is generated because of the fumes of some HW parts inside the asic