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Author Topic: USB ASIC for altcoins?  (Read 1855 times)
mrgoldy (OP)
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May 09, 2017, 06:16:23 PM
 #1

I'm new to mining, just playing around with my weak 2012 CPU/GPU laptop right now. 
ASUS ROG  G750JW
Intel Core i7 @ 2.40GHz 8core
8.00GB Dual-Channel DDR3 @ 799MHz
2047MB NVIDIA GeForce GTX 765M (ASUStek Computer Inc)
Any suggestions to using my current setup to mine? from what I've read it's not worth it.
I'm playing around with Storj since I have around 1.5TB free

I'm wondering if I buy one of those USB ASIC miners (GekkoScience USB Stick Bitcoin Miner 8gh/s+),  can I mine an altcoin?
which one is ideal?
profitable within 1year?

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May 09, 2017, 06:22:46 PM
 #2

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

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Appuned
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May 09, 2017, 06:45:28 PM
 #3

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

I did some GPU previously with my laptop. I had to undervolt the GPU quite a lot.
mrgoldy (OP)
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May 09, 2017, 08:23:11 PM
 #4

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

Correct, I am not looking to mine BTC,  only altcoin
Do you know if there are any USB miners that only do Scrypt?  within the $50 range? any tuturial setup?
I'm brand new to this, so sorry for the questions, I'm sure I could find all this with some research, but I figured it would be faster to get it from people who already know.
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May 09, 2017, 08:30:05 PM
 #5

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

Correct, I am not looking to mine BTC,  only altcoin
Do you know if there are any USB miners that only do Scrypt?  within the $50 range? any tuturial setup?
I'm brand new to this, so sorry for the questions, I'm sure I could find all this with some research, but I figured it would be faster to get it from people who already know.

Honestly trying to find a USB miner under 50$ is going to hard
And 1 year roi isn't even going to happen not with how big asic miners are running freely
Best thing to do is learn how to CPU mine since you have one of those then go from there
If you can setup a CPU miner on windows or Linux then you'll be able to set anything up
Start with the CPU then move up if you want to really invest
Gpu mining is really the way to go if you just want to play around
Only because it's less of a investment and you can actually roi in less than 200 days plus resale the gpu

As I see a super coin as the super highway and alt coins as taxis and trucks needed to move transactions. ~philipma1957
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May 09, 2017, 09:48:24 PM
 #6

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

Correct, I am not looking to mine BTC,  only altcoin
Do you know if there are any USB miners that only do Scrypt?  within the $50 range? any tuturial setup?
I'm brand new to this, so sorry for the questions, I'm sure I could find all this with some research, but I figured it would be faster to get it from people who already know.

yeah  I have one that only mines x-11 it is usb powered does  about 8mh of x-11
i point it at nicehash

it is a 3 inch cube powered by usb ports  I use  a y cable to feed it ..

has a fan you would like it  and it may break even in a year.

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mrgoldy (OP)
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May 09, 2017, 11:14:13 PM
 #7

Laptop mining is not profitable.
You can burn your GPU if you mine 24/7 and CPU mining it's not worth it unless you use the laptop for something else too.

Monero/XMR is pretty good for CPU mining, but again, it will not make you profit.

USB miner - there are 2 types of USB miners: SHA265 (Bitcoin) and Scrypt (Litecoin, Dogecoin) (actually there are also SHA256+Scrypt which allows even to mine both).
Bitcoin miner cannot be used for Litecoin / Dogecoin.
Litecoin / Dogecoin miner cannot be used for Bitcoin.

I think that Gekkoscience miner is Bitcoin miner.
And from what I know there's no such USB miner that gives you profit, their electricity/hash rate ratio is not too good.
USB miners are hobby miners.

Correct, I am not looking to mine BTC,  only altcoin
Do you know if there are any USB miners that only do Scrypt?  within the $50 range? any tuturial setup?
I'm brand new to this, so sorry for the questions, I'm sure I could find all this with some research, but I figured it would be faster to get it from people who already know.

yeah  I have one that only mines x-11 it is usb powered does  about 8mh of x-11
i point it at nicehash

it is a 3 inch cube powered by usb ports  I use  a y cable to feed it ..

has a fan you would like it  and it may break even in a year.

Cool.  Can you give me some details?  Are you able to PM me?
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May 09, 2017, 11:30:06 PM
 #8

you can mine altcoins with sha256;  with pools like zpool.   Tons of coins, one miner connected.  Simple.   SHA256, X11, SCRYPT, and a few CPU algos as well.

You could definitely feel the trickle of profit from them.  Every now and then Ill pull out some orbs and plug em in if I have the spare space or I am wanting some warmth.

Link to my batch and script resources here.  

DO NOT TRUST YOBIT  -JK

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July 08, 2017, 04:05:47 AM
 #9

Any idea what altcoins currently use sha256??

thanks Cheesy
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July 08, 2017, 08:54:45 AM
 #10

Any idea what altcoins currently use sha256??

thanks Cheesy
go to zpool.ca and click "Pool" at the top.
Once in that window;  click SHA256 on the right.

It will; now show you all the SHA256 coins that zpool mines.

Link to my batch and script resources here.  

DO NOT TRUST YOBIT  -JK

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mrgoldy (OP)
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July 08, 2017, 03:25:40 PM
 #11

Any idea what altcoins currently use sha256??

thanks Cheesy
go to zpool.ca and click "Pool" at the top.
Once in that window;  click SHA256 on the right.

It will; now show you all the SHA256 coins that zpool mines.

I personally like multipool better, because it's profit switching.  less coins available than zpool though.

I use my sha256 usb  2pacs on multipool
and my scrypt futurebit moonlanders on prohashing (absolutely love prohashing, wish they had sha256)
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