Hey y'all,
So, I am a little unclear on this, but if I possess a 60 GH/s Butterfly Labs ASIC, would I be able to set that up to run and mine a SHA-256 algorithm cryptography based currency like Unobtanium?
I was initially under the impression that an ASIC would only mine Bitcoin, but now there are other SHA-256 based coins such as Scotcoin and Unobtanium that I am interested in testing out as the profitability of Bitcoin mining on metered electric has reached a questionable status.
I'm sorry if this question has already been asked. I am relatively new to running a mining operation. I have a lot more experience as a technical analyst and day trader. I do have some computer programming and hacking experience, so what I really need are probably just some pointers to the right hotlinks with directions to follow or the simple answer "no that's not possible."
I have read that the ASICs will crunch any data, it doesn't matter what you throw at them. Is this just a matter of downloading cgminer and copying and pasting a .conf file to mine in a different pool?
Some assistance would be grand!
Thanks, in advance, for your time.
Edit: I'm doing some research for myself now to see if this is possible.
Double Edit: I guess I'm a little too late to join the party.
-mbiebel872
http://twitter.com/mbiebel872