Bitcoin Forum
November 08, 2024, 07:42:02 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: LTC mining question  (Read 434 times)
Kennji (OP)
Member
**
Offline Offline

Activity: 84
Merit: 10


Mine Litecoins.


View Profile
April 25, 2013, 08:32:07 PM
 #1

Can you mine LTC with Asic or FPGA?

Thanks.

LTC - LKcrBEAbuW85obSbHnmw7y8XWWufWqjsxx
BTC - 1JseeJ4h2XsShmaj1ci2J3kWA6qhCfj52U
Zilarion
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
April 25, 2013, 08:34:32 PM
 #2

I would have no idea why not. They should be based on the same principle.  Although I am not sure if the hashing works exactly the same.

Clearly I know nothing of litecoin. Glad to see others corrected me. Guess you learn every day!
DiamondCardz
Legendary
*
Offline Offline

Activity: 1134
Merit: 1118



View Profile WWW
April 25, 2013, 08:35:39 PM
 #3

FPGA, probably not for a while.

ASIC, no. If they are developed, it will take a long while. Current ASIC's, i.e BFL, are for one thing and one thing only: Mining Bitcoins. If they are made for mining BTC, they will never do something else.

Currently, it's only CPU and GPU LTC mining.

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
HjerterEss
Newbie
*
Offline Offline

Activity: 34
Merit: 0


View Profile
April 25, 2013, 08:36:56 PM
 #4

You can`t because Litecoins use Scrypt, an algorithm that is heavy memory based. FPGAs/ASICs doesn`t have much memory so at this point they are almost useless
Kennji (OP)
Member
**
Offline Offline

Activity: 84
Merit: 10


Mine Litecoins.


View Profile
April 25, 2013, 08:37:52 PM
 #5

SWEET!!

That makes me happy.

Thanks for the answers!!!

Smiley

LTC - LKcrBEAbuW85obSbHnmw7y8XWWufWqjsxx
BTC - 1JseeJ4h2XsShmaj1ci2J3kWA6qhCfj52U
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!