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jalapeno litecoin mining?
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Topic: jalapeno litecoin mining? (Read 5036 times)
18stops
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jalapeno litecoin mining?
April 08, 2013, 01:44:35 AM
#1
is it possible to use jalapeno's to mine litecoin or is that only for BTC?
Oshero
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Re: jalapeno litecoin mining?
April 08, 2013, 01:47:17 AM
#2
The Scrypt Algorithm is inherently different from the SHA-256 algorithm.
Bitcoin is based on the SHA-256 algorithm.
Litecoin uses scrypt.
As ASIC's are specialized for one purpose. (In the jalapeno's case, SHA-256, it won't be able to mine Litecoin effectively.)
shibaji
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Re: jalapeno litecoin mining?
April 08, 2013, 01:47:50 AM
#3
Quote from: 18stops on April 08, 2013, 01:44:35 AM
is it possible to use jalapeno's to mine litecoin or is that only for BTC?
Only BTC. I is an application specific integrated circuit, and the algorithm for BTC (SHA256) is hardcoded. LTC uses a different cryptography algorithm (scrypt)
jml
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Re: jalapeno litecoin mining?
April 08, 2013, 01:47:58 AM
#4
Litecoin is only meant for GPU or CPU mining as there are memory requirements to mine a block. At the moment, litecoin is FPGA and ASIC resistant.
"Everything is a matter of degree"
18stops
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Re: jalapeno litecoin mining?
April 08, 2013, 01:53:14 AM
#5
I was curious but I figured as much, thanks for the prompt replies.
This hobbyist has two jalapeno's on order so I'll join up with the slush pool and wait and see
sagiko
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Re: jalapeno litecoin mining?
April 08, 2013, 02:02:17 AM
#6
Before you commit to BFL ASIC, better check all the posts in the forum on the BFL ASIC status. I should have gone with Avalon if I read all these before I placed my order.
baad
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Re: jalapeno litecoin mining?
April 08, 2013, 10:12:18 AM
#7
It is only for BTC, LTC uses different algo.
BitSmile
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Re: jalapeno litecoin mining?
April 08, 2013, 10:53:41 AM
#8
Man, even if it could mine ltc, BFL is just a shame of a company.
CoinLenders - earn interest and get btc loans!
btchustler
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⇾
Re: jalapeno litecoin mining?
April 08, 2013, 11:59:56 AM
#9
Quote from: BitSmile on April 08, 2013, 10:53:41 AM
Man, even if it could mine ltc, BFL is just a shame of a company.
true
Keimoasd
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Re: jalapeno litecoin mining?
April 08, 2013, 12:00:12 PM
#10
Quote from: BitSmile on April 08, 2013, 10:53:41 AM
Man, even if it could mine ltc, BFL is just a shame of a company.
I agree.
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