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.
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