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Title: Mining rig for scrypt Post by: ansur on April 18, 2014, 05:02:17 AM Hey, I am new to mining altcoins and have a question on hardware.
Can ASIC miners for bitcoin work with altcoins? Is there a dedicated miner for altcoin mining? What hardware would you buy for around $300, with electricity being free? Currently I am just using a GTX 650Ti. Title: Re: Mining rig for scrypt Post by: xephyr on April 18, 2014, 05:17:22 AM Hey, I am new to mining altcoins and have a question on hardware. Can ASIC miners for bitcoin work with altcoins? Is there a dedicated miner for altcoin mining? What hardware would you buy for around $300, with electricity being free? Currently I am just using a GTX 650Ti. ASIC miners for bitcoin will not work for altcoins. For $200 you can preorder a Zeusminer Blizzard 1.2 mH/sec Portable Scrypt ASIC Miner (https://axablends.com/merchants-accepting-bitcoin/litecoin-discussion/zeusminer-blizzard-1-2-mhsec-portable-scrypt-asic-miner) for delivery by May 31. Days of mining with GPUs coming to a close. For other options you can take a look at the guide to scrypt ASIC miners (https://axablends.com/merchants-accepting-bitcoin/litecoin-discussion/litecoin-scrypt-asic-miners/), hope this helps. https://bitcoin-trader.biz/banners/affiliates/6.gif (https://bitcoin-trader.biz/?ref=axa) Title: Re: Mining rig for scrypt Post by: sgk on April 18, 2014, 07:01:58 AM Hey, I am new to mining altcoins and have a question on hardware. Can ASIC miners for bitcoin work with altcoins? Is there a dedicated miner for altcoin mining? What hardware would you buy for around $300, with electricity being free? Currently I am just using a GTX 650Ti. There are several ASIC mining hardware in pipeline that will mine at minimum 100 mHASH/s (and higher), so mining scrypt with a $300 hardware will hardly yield any benefits. Rather you should buy an affordable (maybe a used one) AMD GPU; probably even sell your 650Ti and get an AMD instead, since NVIDIA GPUs are not great at mining. And then concentrate on ASIC-resistant coins that use X11 algo, not scrypt - for example DarkCoin. That will keep you in profitable mining for extended period of time than mining scrypt. Title: Re: Mining rig for scrypt Post by: grippy54 on April 18, 2014, 01:57:33 PM Hey, I am new to mining altcoins and have a question on hardware. Can ASIC miners for bitcoin work with altcoins? Is there a dedicated miner for altcoin mining? What hardware would you buy for around $300, with electricity being free? Currently I am just using a GTX 650Ti. There are several ASIC mining hardware in pipeline that will mine at minimum 100 mHASH/s (and higher), so mining scrypt with a $300 hardware will hardly yield any benefits. Rather you should buy an affordable (maybe a used one) AMD GPU; probably even sell your 650Ti and get an AMD instead, since NVIDIA GPUs are not great at mining. And then concentrate on ASIC-resistant coins that use X11 algo, not scrypt - for example DarkCoin. That will keep you in profitable mining for extended period of time than mining scrypt. Also consider scrypt-n coins. Title: Re: Mining rig for scrypt Post by: heuer on April 18, 2014, 02:36:34 PM still mining？ just waste the power！
Title: Re: Mining rig for scrypt Post by: grippy54 on April 18, 2014, 10:32:59 PM still mining？ just waste the power！ The mining market has a good bump over the last week or so. No guarantee that will continue, but it sure feels good. |
