Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: robelneo on March 05, 2016, 04:51:03 AM



Title: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: robelneo on March 05, 2016, 04:51:03 AM
I would like to ask what kind of Altcoin can this usb blockerupter can mine and is it really worth it
http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO/ref=cm_cr_arp_d_product_top?ie=UTF8 (http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO/ref=cm_cr_arp_d_product_top?ie=UTF8)..

http://ecx.images-amazon.com/images/I/71wXK%2Btl79L._SL1100_.jpg


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: DebitMe on March 05, 2016, 04:58:15 AM
Any ASIC designed for bitcoin will only be able to be used on SHA-256 based coins.  You can go to coinwarz to see a list of SHA256 based coins, but your profits are going to be really really small.


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: robelneo on March 05, 2016, 05:19:03 AM
Any ASIC designed for bitcoin will only be able to be used on SHA-256 based coins.  You can go to coinwarz to see a list of SHA256 based coins, but your profits are going to be really really small.

Ok but if I am going to mine newly launched coin that is SHA-256 based will it yield me profit I see on a list hat it can mine bytecoin which I mining now on minergate but if  I am going to get that large hashratse I can mine up to 2000 bytecoin daily compare to what I am getting now which is 50 to 100 bytecoin from 10 to 15 hashrate ..what is your opinion?


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: Ayers on March 05, 2016, 08:51:26 AM
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: electronicash on March 05, 2016, 09:06:05 AM
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Which coins are you mining with CPU?
I've always wanted to start mining but I don't have enough resources for hardware except CPU to which we can just buy some good GPC card in our local computer store. which kind of Graphic card do you recommend?


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: Ayers on March 05, 2016, 09:37:10 AM
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Which coins are you mining with CPU?
I've always wanted to start mining but I don't have enough resources for hardware except CPU to which we can just buy some good GPC card in our local computer store. which kind of Graphic card do you recommend?

try to mine hodl, seems kinda good for cpu


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: robelneo on March 05, 2016, 03:11:44 PM
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

Can you elaborate so it's much more economical and profitable to mine using Gpu than usb block erupter what are the best coins to mine and what is most compatible GPU for my spare desktop hdxd2710 I am looking forward to mine using this desktop


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: fortunecrypto on March 08, 2016, 06:47:08 PM
other sha are almost all died, not worth it to mine anything with that algo, bitcoin is the king there, if you want my suggestion, now it's better to have a dedicated gpu rig for this mining and forget about asic

But my idea is to mine altcoins and exchange it with bitcoins I know it's almost impossible to mine bitcoin but with altcoins especially those newly launch we have a good chance to make a profit,some miners are doing just that


Title: Re: What kind of altcoins can this usb block erupter mine and is it worth it
Post by: CryptoMiningGuy123 on March 10, 2016, 09:03:18 AM
I would like to ask what kind of Altcoin can this usb blockerupter can mine and is it really worth it
http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO/ref=cm_cr_arp_d_product_top?ie=UTF8 (http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO/ref=cm_cr_arp_d_product_top?ie=UTF8)..

http://ecx.images-amazon.com/images/I/71wXK%2Btl79L._SL1100_.jpg

Those USB block erupters will get you absolutely nowhere. They don't have a high enough hash rate to even come close to competing with other SHA-256 miners. If you are a novice and are just getting into it I would recommend this as a bare minimum: http://www.ebay.com/itm/Bitmain-Antminer-S3-PLUS-453-GH-s-Bitcoin-BTC-ASIC-Miner-/371304797293?hash=item56737d946d:g:aaoAAOSwqu9VLEuI#viTabs_0 . Don't make the mistake I made where I bought a gridseed ASIC dual miner. I'll never get return on investment with it. Happy mining :).

         -CryptoMiningGuy123