Bitcoin Forum

Other => Beginners & Help => Topic started by: boed on July 08, 2013, 09:43:29 AM



Title: What cryptocurrencies can these ASICs mine?
Post by: boed on July 08, 2013, 09:43:29 AM
So, these ASICs designed for bitcoins, using SHA256, can they be used for other cryptocurrencies using same encryption?

I was thinking of investing in some ASICs but it would feel good to have something to switch to if BTC would turn less profitable.

My first thread by the way, looking forward getting to know you all.


Title: Re: What cryptocurrencies can these ASICs mine?
Post by: jackjack on July 08, 2013, 10:25:59 AM
There is no encryption in Bitcoin
Also, only other sha256 coins like devcoin or namecoin


Title: Re: What cryptocurrencies can these ASICs mine?
Post by: boed on July 08, 2013, 10:41:43 AM
There is no encryption in Bitcoin
Also, only other sha256 coins like devcoin or namecoin

Ah, thanks! I will look up both of them.