Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: BreakingBarnes on December 16, 2017, 10:08:22 PM



Title: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: BreakingBarnes on December 16, 2017, 10:08:22 PM
I have the chance to buy some old mining ASICs that are no longer good for BTC. Would they be profitable with any variant or shitcoin?


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: 0xcosmos on December 17, 2017, 05:52:37 AM
depends on the shitcoin
you have to find it for yourself
and make the calculations to see if it is feasible to get some old sha256 asics


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: toptek on December 17, 2017, 05:55:59 AM
it depends what coin your gonna mine . My A6 is making about 10 to 14 $ a day mining BCH due to the price of the coin other wise it would be worth less to me .

I'm even temped to power up a S3 with one bad chip, an a c1 that still works and maybe a avalon4 , I have .


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: BreakingBarnes on December 17, 2017, 08:07:45 PM
it depends what coin your gonna mine . My A6 is making about 10 to 14 $ a day mining BCH due to the price of the coin other wise it would be worth less to me .

I'm even temped to power up a S3 with one bad chip, an a c1 that still works and maybe a avalon4 , I have .


Sounds good enough. May I ask for the price of electricity over there just to make some calcs here?


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: kostepanych2 on December 17, 2017, 08:34:20 PM
Some shitcoins are very profitable. If you have much time to investigate you can do not bad profit even with Antminer S3.


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: 666mrga999 on December 17, 2017, 09:23:33 PM
I have the chance to buy some old mining ASICs that are no longer good for BTC. Would they be profitable with any variant or shitcoin?

check profitability here: http://whattomine.com/asic

Chance is you will be making negative profit with electricity price.


Title: Re: Are old bitcoin mining ASICs good enough to mine some of the forks?
Post by: BreakingBarnes on December 18, 2017, 09:33:31 PM
Some shitcoins are very profitable. If you have much time to investigate you can do not bad profit even with Antminer S3.

I would appreciate some hints :) any particular shitcoin at the moment?

Regarding the electricity, I use my rig as heating so is money well spent LOL