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December 05, 2013, 11:47:13 PM |
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Hi everyone, nice to find this forum, I'm new to all this stuff as you can imagine.
If I understand right, the sha 256 compatible crypto currencies can be mined with ASIC systems, whereas the others cannot. So, for example, Bitcoin and Peercoin can be mined with ASIC, whereas Litecoin and Feathercoin cannot (at the moment at least).
Does that give an edge to the non-sha 256 for newbies? I am thinking that it will be easier to get a bit ahead of the curve early on in a currency that ASIC cannot move to and ramp up the difficulty, at least not in the next 6 months.
any thoughts on that?
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