Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Morbid on November 26, 2013, 02:10:02 PM



Title: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: Morbid on November 26, 2013, 02:10:02 PM
as per title. is it possible for bfl little singles? maybe in future?


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: BadPenny on November 26, 2013, 03:27:15 PM
If it/they can mine bitcoins, then it/they can mine any other coin based on SHA-256. (i.e. PPCoin, Zetacoin, etc.)  You determine which coin based on your miner's config (software).  The hardware don't care.


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: HellDiverUK on November 26, 2013, 05:35:07 PM
as per title. is it possible for bfl little singles? maybe in future?

Yes.  Definitely.  In the past as well.  SHA256 is SHA256.  I've mined SHA256 with Block Erupters, Blades, Jalapeno, BlueFurys.  But, why you'd want to anyway - mining BTC is the least risky way of doing things.


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: PenAndPaper on November 26, 2013, 05:38:07 PM
Yes you can mine other sha256 coins out of the box. Just see how the total hash rate of ppcoin grew lately. People are pointing all of their old asics there.


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: superduh on November 26, 2013, 05:50:52 PM
yes and it's possible to merge mine some of the coins as well (mine several coins at the same time) depending on the software/pool


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: Morbid on November 26, 2013, 05:57:44 PM
my friend received 2 little singles and dont know what to do. he just paid $500 worth for import duty and is well into minus. we want to decide what will be more profitable. throw them on ebay or mine alts.. its highly likely that some alts will become quite valuable in years to come following bitcoin mass adoption.


Title: Re: can bitcoin asics ever be cofigured to mine other sha coins?
Post by: PenAndPaper on November 26, 2013, 06:00:57 PM
throw them on ebay or mine alts.. its highly likely that some alts will become quite valuable in years to come following bitcoin mass adoption.

Throw them on ebay while mining alts (ppcoin that is)