What are ASIC miners good for once mining is no longer profitable?

[ProfMac]

This is why there will 2-3 main crypto currencies because the old ASICs will be used to mine a currency with lower difficulty.

See a pretty long list of SHA-256 Alt coins on http://www.p2pool.org/

Are you saying you can "re-program" bitcoin ASICs to mine a different SHA-256 coin?

One of the pools provides a switching service.  You point the miner to it's switched pool, and it mines the most profitable alt-coin.

Some ASIC miners had trouble with the pool switching during the testing phase.  The number of rejects became very high for those miners.

stratum+tcp://stratum.coinex.pw:9944

[1714104078]

1714104078

[1714104078]

1714104078

[21coin]

you can use ASIC miners to mine other profitable SHA-256 Coins

you should have a look at 21 Century Coin

Its a Ultra Rare SHA-256 Coin, its growing rapidly

here is ANN Thread for 21 Century Coin
https://bitcointalk.org/index.php?topic=426853

[empoweoqwj]

OK, thanks for all teaching me ASICs could be used for other SHA-256 coins. Certainly gives ASICs a longer shelf-life than I had first imagined. Learn something new every day

[_Miracle]

Lease panels from Solar City, hook up your ASIC and double mine with these    ->    http://www.coindesk.com/solarcoin-awards-coins-solar-power-generation/   :-)? then buy a Tesla.



http://www.youtube.com/watch?v=3hF4XUmnWGM

They touch lightly on the topic at 18min, 28 and 30:30 ish

[rograz]

ASICs by their very nature of being ASICs cannot be used for anything else bar 4 special uses: Doorstop, boat anchor, book end and paperweight.

This is were the brilliance of the Avalon crew shines, they essentially made huge pieces of lego for us to play with. I should have bought more minis and built myself a house when I was done mining.

[73blazer]

They're as about as good as this old gold wash plant left to rot in the the Alaska back woods.
Once it's no longer profitable to run, it was shut down and since it was purpose built to do one thing, it's left where it last ran, it has no other purpose.

Someday, if your lucky, your sha(256) miner will be in a museum.