Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: btcchicago on October 02, 2018, 03:01:03 AM



Title: can antminer be used for other alt coin mining?
Post by: btcchicago on October 02, 2018, 03:01:03 AM
I wanted to mine alt coins.. I am from chicago and traveling to hyderabad soon because someone there has modified antminer. does anyone here mine other coins?
i am willing to sell my 17mil XRP for bitcoin too if anyone interested. Electricity kills the cost of mining here, does anyone do cloud mining? I have alot more question but i wanna see responds, so please help me out here. Thank you


Title: Re: can antminer be used for other alt coin mining?
Post by: tim-bc on October 02, 2018, 03:30:53 AM
First off, cloud mining doesn't really work. If there was a legit cloud mining service, they would just mine for themselves and make even more money than if they had to give some of the profit to you.

When you say Antminer, I assume you are referring to the Antminer S9, which can only mine sha256d coins. There are some popular altcoins that you can mine with the S9, such as Bitcoin Cash and Peercoin.

Most antminer models are designed to mine altcoins, e.g. any coin with an algorithm besides sha256d.

I personally mine a variety of coins, but I convert them all and only hold on to Bitcoin and Zcash, currently. It all depends on what makes sense for you.


Title: Re: can antminer be used for other alt coin mining?
Post by: btcchicago on October 02, 2018, 04:29:13 AM
Thank you for replying. it gives a clear understanding of cloud mining, really doesn't make any sense mining for others when you can mine it for yourself. which antminer can i use if i wanna mine DOGEcoins, bitcoin gold, TRON, POTcon, DBIX, and Verge. sorry asking too many question. do you know any fastest mining coins with Antminer. please if you can help. thanks