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Title: ASIC MINERS Post by: coinseeker2 on August 05, 2013, 09:21:44 PM Can asic miner mined any SHA-256 cryptocoin and by extension can it also mine any scrypt cryptocoin.
Thank you Title: Re: ASIC MINERS Post by: MiningBuddy on August 05, 2013, 09:23:39 PM Current ASIC can only mine SHA-256
Title: Re: ASIC MINERS Post by: pacojones on August 05, 2013, 09:36:05 PM As near as I know ASIC miners only work for bitcoin - not the alt coins (nor can they do the scrypt algo...)
Title: Re: ASIC MINERS Post by: MiningBuddy on August 05, 2013, 09:37:44 PM As near as I know ASIC miners only work for bitcoin - not the alt coins (nor can they do the scrypt algo...) You can mine pretty much any SHA-256 based altcoin with current ASIC, not that I condone altcoins at all, but you can if you wish. Title: Re: ASIC MINERS Post by: Allnei on August 06, 2013, 12:10:26 AM Current ASIC dont have enought RAM for scrypt based coins, so you can maybe use it on TeraCoin, but i dont think that it is profitable. so if you have ASIC mine bitcoins until it will not be profitable for you.
Title: Re: ASIC MINERS Post by: ASIC-K on August 06, 2013, 12:12:33 AM Current ASIC dont have enought RAM for scrypt based coins, so you can maybe use it on TeraCoin, but i dont think that it is profitable. so if you have ASIC mine bitcoins until it will not be profitable for you. its not about ram, its a whole different algorithm. and no they are not able to be used for both. |