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Title: jalapeno litecoin mining? Post by: 18stops on April 08, 2013, 01:44:35 AM is it possible to use jalapeno's to mine litecoin or is that only for BTC?
Title: Re: jalapeno litecoin mining? Post by: Oshero on April 08, 2013, 01:47:17 AM The Scrypt Algorithm is inherently different from the SHA-256 algorithm.
Bitcoin is based on the SHA-256 algorithm. Litecoin uses scrypt. As ASIC's are specialized for one purpose. (In the jalapeno's case, SHA-256, it won't be able to mine Litecoin effectively.) Title: Re: jalapeno litecoin mining? Post by: shibaji on April 08, 2013, 01:47:50 AM is it possible to use jalapeno's to mine litecoin or is that only for BTC? Only BTC. I is an application specific integrated circuit, and the algorithm for BTC (SHA256) is hardcoded. LTC uses a different cryptography algorithm (scrypt) Title: Re: jalapeno litecoin mining? Post by: jml on April 08, 2013, 01:47:58 AM Litecoin is only meant for GPU or CPU mining as there are memory requirements to mine a block. At the moment, litecoin is FPGA and ASIC resistant.
Title: Re: jalapeno litecoin mining? Post by: 18stops on April 08, 2013, 01:53:14 AM I was curious but I figured as much, thanks for the prompt replies.
This hobbyist has two jalapeno's on order so I'll join up with the slush pool and wait and see Title: Re: jalapeno litecoin mining? Post by: sagiko on April 08, 2013, 02:02:17 AM Before you commit to BFL ASIC, better check all the posts in the forum on the BFL ASIC status. I should have gone with Avalon if I read all these before I placed my order.
Title: Re: jalapeno litecoin mining? Post by: baad on April 08, 2013, 10:12:18 AM It is only for BTC, LTC uses different algo.
Title: Re: jalapeno litecoin mining? Post by: BitSmile on April 08, 2013, 10:53:41 AM Man, even if it could mine ltc, BFL is just a shame of a company.
Title: Re: jalapeno litecoin mining? Post by: btchustler on April 08, 2013, 11:59:56 AM Man, even if it could mine ltc, BFL is just a shame of a company. true Title: Re: jalapeno litecoin mining? Post by: Keimoasd on April 08, 2013, 12:00:12 PM Man, even if it could mine ltc, BFL is just a shame of a company. I agree. |