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Can you mine ETH with BTC mining gear?
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Topic: Can you mine ETH with BTC mining gear? (Read 693 times)
franc0
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Can you mine ETH with BTC mining gear?
March 01, 2016, 06:38:13 PM
#1
Like the title says, Is it possible? Or it runs a different algorithm scrypt or what?
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 06:41:53 PM
#2
No, it requires a large in memory block that prevents BTC ASICs from working with it.
franc0
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 06:45:13 PM
#3
So i can not mine with Asic miners? What kind of equipment is needed in order to mine them?
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stoat
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FREEDOM RESERVE
Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 06:46:12 PM
#4
NO. Hahahaha
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franc0
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 06:52:02 PM
#5
Then how you mine them?
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Hannu
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 06:58:05 PM
#6
Quote from: franc0 on March 01, 2016, 06:38:13 PM
Like the title says, Is it possible? Or it runs a different algorithm scrypt or what?
No ASIC "Application Specific Integrated Circuit" uses sha256 algorithm!
BTC: 3Qnnx4cu45Gx4WcksNCnBPu3TaUZ5sKkLo
LTC: LYX1ZH7f4qcXq52AzA6grUYDfDngVz7BEi
XRP: rLrbZMJDdL8eQd7HsW314bCtvE16LTLYkM?dt=1113
stoat
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 07:00:24 PM
#7
Quote from: franc0 on March 01, 2016, 06:52:02 PM
Then how you mine them?
Graphics card with a large amount of graphics ram
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sase007
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Re: Can you mine ETH with BTC mining gear?
March 01, 2016, 07:08:15 PM
#8
Quote from: franc0 on March 01, 2016, 06:38:13 PM
Like the title says, Is it possible? Or it runs a different algorithm scrypt or what?
It depends on each of the algorithms and block nature.
If the block is larger, it will need more ram.
(probably 16GB GPU drives will satisfy this).
ASIC equipment, as mentioned before, only mines with SHA-256d - nothing else.
franc0
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Re: Can you mine ETH with BTC mining gear?
March 02, 2016, 12:57:45 AM
#9
The litecoin mining gear can mine ETH?
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bathrobehero
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Re: Can you mine ETH with BTC mining gear?
March 02, 2016, 01:11:13 AM
#10
Bitcoin miners (ASICs) can only mine the SHA256 algorithm.
Litecion ASICs can only mine the Scrypt algorithm but Ethereum uses DAG (Dagger-Hashimoto) algo.
Currently you can only mine Ethereum with video cards.
Not your keys, not your coins!
sase007
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Re: Can you mine ETH with BTC mining gear?
March 03, 2016, 05:14:54 PM
#11
Quote from: bathrobehero on March 02, 2016, 01:11:13 AM
Bitcoin miners (ASICs) can only mine the SHA256 algorithm.
Litecion ASICs can only mine the Scrypt algorithm but Ethereum uses DAG (Dagger-Hashimoto) algo.
Currently you can only mine Ethereum with video cards.
There seem to be some compaines that are making etherium ASICs, but for their own use.
It is a good thing to only be mineable on a a GPU I think (IT keeps the difficulty down and the distribution high).
myxamop
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Re: Can you mine ETH with BTC mining gear?
March 03, 2016, 08:23:00 PM
#12
Quote from: franc0 on March 01, 2016, 06:45:13 PM
So i can not mine with Asic miners? What kind of equipment is needed in order to mine them?
You can use only GPU cards with more than 2GB mem.
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