Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bossramsay15 on November 17, 2013, 06:15:08 AM



Title: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: bossramsay15 on November 17, 2013, 06:15:08 AM
I know about Altcoins a bit, some ran on scrypts, and some ran on that sha-256

Im thinking about buying a little USB mining stick ~ 333mh/s, or maybe, Buy a butteflylabs asic miner, of ebay like a 5gh/s one, But only if they can mine Altcoins, not only bitcoins need help thanks !


Title: Re: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: glendall on November 17, 2013, 06:45:25 AM
I'd recommend doing tons more reading of forum before making a decision to buy. Ultimately it is up to. Generally it is considered that mining now is a risky proposition if you are trying to turn a profit, no matter which chip you go with, because of always sky-rocketing difficulty.

The sticks can not mine scrypt coins, only btc and other sha-256 coins like ppc and a few others.

There are no asics for scrypt currently. So mine scrypt coins with video cards mostly.


Title: Re: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: bossramsay15 on November 17, 2013, 06:59:54 AM
Hmm, thanks so i could pretty much mine everything from gpu/cpu.

Yeah well i did want a little mining rig but if there not worth it well meh lol


Title: Re: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: aeddan1 on November 17, 2013, 07:26:55 AM
You probably won't end up making a profit with anything from butterfly labs or the usb miners...


Title: Re: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: Johanna on November 17, 2013, 03:29:13 PM
Hmm, thanks so i could pretty much mine everything from gpu/cpu.

Yeah well i did want a little mining rig but if there not worth it well meh lol

Well FYI, you should mine litecoin for GPU to increase your profitability by 10x...


Title: Re: Worth buying Bitfuty chips? Also can Butterfly labs mine alt coins
Post by: ahmed_bodi on November 18, 2013, 03:03:58 PM
u can mine sha256 altcoins yes