Hi , If anyone can guide me I am bit confused let say ,I am planning to rent Mining Rig and I want to mine Novacoin or Litecoin but does it suppose to have specific rig like Scrypt ,SHA 256 or X11 l or just they are different name due to their hash rate capacity because some people were telling that only specific rig can mine certain specific coins as they work on different algorithm ,
I appreciate your answers ...!!
Coins use different hashing algorithms so if renting a mining rig you'll need one that's set up to mine the correct type of hashing. You'll need scrypt to mine Litecoin. Don't know about Novacoin as I've got zero interest in that one.