Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Dr.Shakalu on November 20, 2014, 10:51:13 PM



Title: Alternative mining for Sha256 For miners that wont profit from bitcoin
Post by: Dr.Shakalu on November 20, 2014, 10:51:13 PM
Sucks that the miner development industry is so fast. Weeks within receiving my old antminer s1 at 200gh/s the new one was out and mining became impossible again. So now the s1 collects dust. SO it leaves me with what else to use the miner for. I've been strongly considering mining flirtcoin at its launch in hopes of it going big and I'l have a good stake in it before its on an exchange to get ravaged by the sharks.

Are their other people that do this out there, sure it can't be too new of a concept. How has it been going for all of you or anyone else looking/finding things to do with the outdated sha256 miners.


Title: Re: Alternative mining for Sha256 For miners that wont profit from bitcoin
Post by: Dr.Shakalu on November 20, 2014, 10:59:41 PM
Gotta be someway to make these old expensive hunks of metal do something worthwhile!


Title: Re: Alternative mining for Sha256 For miners that wont profit from bitcoin
Post by: TheRealSteve on November 20, 2014, 11:37:05 PM
If 'something worthwhile' is to instamine an altcoin and then dump it on an exchange asap, then sure.. you can do that.  That's pretty much all you can do with them, though, unless you want to view them as an alternative to a heater.  There isn't really an application for SHA256d outside of the cryptocurrency field.


Title: Re: Alternative mining for Sha256 For miners that wont profit from bitcoin
Post by: Dr.Shakalu on November 21, 2014, 12:43:56 AM
Well flirtcoins thing is its also a way to tip out cryptocurrency use it as flirting online kinda grabs their attention with actual money. Even though its $0.10 its 1000 flirts! I think if it has any value it will work for that regardless of the dumping. I'm pretty sure I'm gonna grab some anyway, maybe I'll save the electricity it costs from getting a night out instead of staying in on the computer. #foreveralone lol