Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: HashingHitman on March 20, 2014, 06:44:25 PM



Title: 1TH/s DragonMiner does Litecoin ?
Post by: HashingHitman on March 20, 2014, 06:44:25 PM
few days back i ordered the 1TH/s Black box and today i was doing some search about it just to be ready when it arrives, then i came accross this link with some very surprising description:
http://coinhash.co/products/1-th-s-dragonminer-1000gh-s-coincraft-a1-28nm-asic-chip-bitcoin-miner-not-knc

Quote
Did you know you can simultaneously mine Altcoins using SHA-256, the same hashing algorithm as Bitcoin using this AntMiner? Here's a list of just a few!

    NMC – Namecoin
    PPC – Peercoin
    DVC – Devcoin
    TRC – Terracoin
    BTE – Bytecoin
    IXC – Ixcoin
    I0C – I0coin
    FRC – Freicoin
    ASC -AsicCoin
    DEM – Deutsche eMark
    PT – Platinum Coin
    BLC – Blakecoin

any though about this claim?
is it a firmware update ?
because my miner is exactly the same.


Title: Re: 1TH/s DragonMiner does Litecoin ?
Post by: dmeter on March 20, 2014, 06:49:01 PM
Also if you connect your dragonminer whit FED and yor printer,you can printing $. ;D


Title: Re: 1TH/s DragonMiner does Litecoin ?
Post by: HashingHitman on March 20, 2014, 07:38:15 PM
Also if you connect your dragonminer whit FED and yor printer,you can printing $. ;D

Nice one! The Feds Will be allover my A$$... can i do that ?!?!  ::)


Title: Re: 1TH/s DragonMiner does Litecoin ?
Post by: gsupp on March 20, 2014, 07:51:09 PM
Yes, you can use your SHA-256 miner to mine any coin that uses the SHA-256 Proof of Work algorithm. That does not include Litecoin, since Litecoin uses Scrypt as it's PoW algorithm.


Title: Re: 1TH/s DragonMiner does Litecoin ?
Post by: squiggie on March 20, 2014, 07:52:43 PM
Right. It's called merged mining, and you can do it for any sha-256 based coin that supports merged mining (which the list in the op is pretty accurate). Not Litecoin or any scrypt based alt coin.