Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: claudiu678 on May 13, 2017, 05:35:06 PM



Title: Question about Antminer S5
Post by: claudiu678 on May 13, 2017, 05:35:06 PM
Hi guys,
I just want to start mining some altcoins cuz i see that i need very good hardware to mine Bitcoins, so i decided to mine Bytecoins.

My question is: with Antminer S5 can i also mine another SHA-256 coin. I read that Bytecoin is also SHA-256 based, like Bitcoin.

If i look over here: http://www.coinwarz.com/calculators/bytecoin-mining-calculator/?h=1000&p=0&pc=0&pf=0.00&d=377952.00000000&r=8428.63329634&er=0.00000020&btcer=1792.68050000&hc=0.00 (http://www.coinwarz.com/calculators/bytecoin-mining-calculator/?h=1000&p=0&pc=0&pf=0.00&d=377952.00000000&r=8428.63329634&er=0.00000020&btcer=1792.68050000&hc=0.00) I get like 600$/day, so... Is this right?


Title: Re: Question about Antminer S5
Post by: R0MD0C1 on May 13, 2017, 09:10:56 PM
Hi!

Bytecoin is under CryptoNight algorithm you can't use a S5 on it..

With this device you will earn ~1$/day (don't forget your electricity.. with it you will maybe lose money..)

600$/day was a dream with this device..   :-[
Sorry..

Similar topic : https://bitcointalk.org/index.php?topic=1000135.0


Title: Re: Question about Antminer S5
Post by: HagssFIN on May 13, 2017, 09:13:16 PM
You can mine other SHA-256 coins, but Bitcoin is usually the most profitable in a long run.

Unfortunately Bytecoin is not a SHA-256 cryptocurrency, like R0MD0C1 said above.


Title: Re: Question about Antminer S5
Post by: claudiu678 on May 13, 2017, 10:03:57 PM
Hi!

Bytecoin is under CryptoNight algorithm you can't use a S5 on it..

With this device you will earn ~1$/day (don't forget your electricity.. with it you will maybe lose money..)

600$/day was a dream with this device..   :-[
Sorry..

Similar topic : https://bitcointalk.org/index.php?topic=1000135.0
You can mine other SHA-256 coins, but Bitcoin is usually the most profitable in a long run.

Unfortunately Bytecoin is not a SHA-256 cryptocurrency, like R0MD0C1 said above.



Thank you for your ansewers!
I don't want to mine with my PC, i would prefer to have a dedicated miner, what setup should i use to mine CryptoNight? Like Bytecoin and Monero for example.


Title: Re: Question about Antminer S5
Post by: R0MD0C1 on May 14, 2017, 07:08:27 AM
There is no Cryptonight ASIC miner. You can build a mining rig !

similar topic : https://bitcointalk.org/index.php?topic=1846145.0


Title: Re: Question about Antminer S5
Post by: Vaccinus on May 14, 2017, 07:20:24 AM
Hi!

Bytecoin is under CryptoNight algorithm you can't use a S5 on it..

With this device you will earn ~1$/day (don't forget your electricity.. with it you will maybe lose money..)

600$/day was a dream with this device..   :-[
Sorry..

Similar topic : https://bitcointalk.org/index.php?topic=1000135.0
You can mine other SHA-256 coins, but Bitcoin is usually the most profitable in a long run.

Unfortunately Bytecoin is not a SHA-256 cryptocurrency, like R0MD0C1 said above.



Thank you for your ansewers!
I don't want to mine with my PC, i would prefer to have a dedicated miner, what setup should i use to mine CryptoNight? Like Bytecoin and Monero for example.

you need to build your mining gpu rig, is made with 6 gpu and a proper motherboard with cheap cpu and ssd, you cn find many info here on how to build but you usually need g1840 asroch h81 pro btc 6 gpu and risers