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Title: I'm confused: Avalon Miner 741 - Bitcoin / Litecoin Profits... Post by: Upstager on July 30, 2017, 05:16:11 PM So this miner apparently yields a 7.3 TH/s mining rate and are cheap, so I feel like I'm missing something here.
If its mining Bitcoin, it shows roughly $169 in monthly profit. If its mining Litecoin, it shows a ridiculous profit in the millions. haha So what dont I understand. It can't mine Litecoin and strictly a Bitcoin miner? Title: Re: I'm confused: Avalon Miner 741 - Bitcoin / Litecoin Profits... Post by: philipma1957 on July 30, 2017, 05:29:02 PM So this miner apparently yields a 7.3 TH/s mining rate and are cheap, so I feel like I'm missing something here. If its mining Bitcoin, it shows roughly $169 in monthly profit. If its mining Litecoin, it shows a ridiculous profit in the millions. haha So what dont I understand. It can't mine Litecoin and strictly a Bitcoin miner? It mines sha 256. Which includes BTC IT does not mine any other algorithm such as scrypt which includes LTC Title: Re: I'm confused: Avalon Miner 741 - Bitcoin / Litecoin Profits... Post by: Upstager on July 30, 2017, 05:35:59 PM Ok, so its a BTC only miner. That makes a lot more sense.
Thank you for the response. Being new to the community I appreciate the help. Title: Re: I'm confused: Avalon Miner 741 - Bitcoin / Litecoin Profits... Post by: philipma1957 on July 30, 2017, 06:01:57 PM Ok, so its a BTC only miner. That makes a lot more sense. Thank you for the response. Being new to the community I appreciate the help. incorrect it is a sha-256 which includes BTC there are more then BTC Peercoin is a sha 256 Unobtanium is a sha 256 TakeiCoin is a sha 256 Title: Re: I'm confused: Avalon Miner 741 - Bitcoin / Litecoin Profits... Post by: QuintLeo on August 01, 2017, 04:45:56 AM Ok, so its a BTC only miner. That makes a lot more sense. Thank you for the response. Being new to the community I appreciate the help. incorrect it is a sha-256 which includes BTC there are more then BTC Peercoin is a sha 256 Unobtanium is a sha 256 TakeiCoin is a sha 256 Add Namecoin to that list, among ballpark a dozen more I think. Possibly the new BitCoinCash coin, but I want to see if that has ANY staying power before I recommend getting involved in it. |