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Title: Can I mining Litecoin with Bitmain Antminer s5 Post by: joecharles31 on October 18, 2017, 04:41:23 AM hello everyone on here. i have a silly question for your guys. I have 2 Bitmain Antminer s5. i want to know if i can start mining for litecoin with my 2 Bitmain Antminer s5 hardware. Or do i need to buy new hardware to mining for litecoin. YES or NO please.
Title: Re: Can I mining Litecoin with Bitmain Antminer s5 Post by: SilentMining on October 18, 2017, 05:34:44 AM No. Need new equipment. They are different algorithms.
Title: Re: Can I mining Litecoin with Bitmain Antminer s5 Post by: Skarner21 on October 18, 2017, 05:45:15 AM Litecoin are should use hardware with scrypt algo and i think bitmain antminer s5 is sha256 algo so its not compatible if you are wanted to mine litecoin..
But there are hardware could mine litecoin you need to buy them the best miner that heard for now is antminer bitmain L3+ That could mine litecoin more faster and more profitable as of now.. ` Title: Re: Can I mining Litecoin with Bitmain Antminer s5 Post by: QuintLeo on October 18, 2017, 10:19:56 PM The Antminer S5 is designed to work with the SHA256 algorithm ONLY - it can be used for any coin that uses that algorithm like Bitcoin, Namecoin, Peercoin, and such ONLY.
Litecoin uses the Scrypt algorithm, it can not be mined by an ASIC that only supports SHA256. So "YES" you will need different hardware to mine Litecoin with. Title: Re: Can I mining Litecoin with Bitmain Antminer s5 Post by: sevenmiles on October 19, 2017, 02:35:09 AM if you want multiple algorithm supported miners, but his:
Baikal miner Giant+ Algorithm：X11 / X13 / X14 / X15 / Quark / Qubit Hash Rate:2000MH/s(±10%) Power supply:12V 6pin ATX Power Interface:1 X Ethernet Temp Operation：0 ~ 40 ℃ Dimension：300mm(L) x 140mm(W) x 125(H) Weight：2980g Price： Announcement：on sale. Purchase consulting: Skype: baikalminer E-mail: baikal@baikalminer.com |