Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: menagear on February 06, 2015, 04:42:09 AM



Title: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: menagear on February 06, 2015, 04:42:09 AM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: adaseb on February 06, 2015, 04:58:27 AM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

LOL


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: hdmediaservices on February 06, 2015, 09:00:32 AM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

LOL

Be nice - LOL. 

No - the Antminer will only mine SHA-256 coins (like Bitcoin).  Litecoin is a Scrypt coin - requiring a different type of ASIC.



Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: Amph on February 07, 2015, 05:14:35 PM
no, you need a gpu for that, and also s3 is obsolete, s5 is far better, work with 22nm or lower


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: Equate on February 07, 2015, 05:19:35 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: SDRebel on February 11, 2015, 03:55:53 AM
no, you need a gpu for that, and also s3 is obsolete, s5 is far better, work with 22nm or lower
What? You really said a GPU?


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: SDRebel on February 11, 2015, 03:57:10 AM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: monkeygang on February 11, 2015, 04:01:13 AM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: SDRebel on February 11, 2015, 04:18:56 AM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: monkeygang on February 11, 2015, 04:21:22 AM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment


what do you mean by "might" like it would become obsolete before it paid for itself..
or depending on the coin you mine with it?


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: SDRebel on February 11, 2015, 05:08:35 AM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment


what do you mean by "might" like it would become obsolete before it paid for itself..
or depending on the coin you mine with it?
Both things :) :(
It also depends a lot on your electricity costs


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: Equate on February 11, 2015, 06:21:22 AM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment

That's what I said...But if power is not cheap then ROI won't be possible either.


Title: Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
Post by: SDRebel on February 11, 2015, 01:06:22 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment

That's what I said...But if power is not cheap then ROI won't be possible either.
Right, but if someone wants to try out mining without spending too much money and not to concerned if they recover their investment, then a s3+ is a nice toy :)