Bitcoin Forum

Other => Beginners & Help => Topic started by: Kennji on April 25, 2013, 08:32:07 PM

Title: LTC mining question
Post by: Kennji on April 25, 2013, 08:32:07 PM

Can you mine LTC with Asic or FPGA?

Thanks.

Title: Re: LTC mining question
Post by: Zilarion on April 25, 2013, 08:34:32 PM

~~I would have no idea why not. They should be based on the same principle. Although I am not sure if the hashing works exactly the same.~~

Clearly I know nothing of litecoin. Glad to see others corrected me. Guess you learn every day!

Title: Re: LTC mining question
Post by: DiamondCardz on April 25, 2013, 08:35:39 PM

FPGA, probably not for a while.

ASIC, no. If they are developed, it will take a long while. Current ASIC's, i.e BFL, are for one thing and one thing only: Mining Bitcoins. If they are made for mining BTC, they will never do something else.

Currently, it's only CPU and GPU LTC mining.

Title: Re: LTC mining question
Post by: HjerterEss on April 25, 2013, 08:36:56 PM

You can`t because Litecoins use Scrypt, an algorithm that is heavy memory based. FPGAs/ASICs doesn`t have much memory so at this point they are almost useless

Title: Re: LTC mining question
Post by: Kennji on April 25, 2013, 08:37:52 PM

SWEET!!

That makes me happy.

Thanks for the answers!!!

:)