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September 27, 2021, 04:32:04 AM |
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Go to whattomine.com and put in your hashrate and electrical price and see what is out there. Generally all SHA256 coins generate the same income more or less. There is no such thing as a hidden/secret coin which can generate double the profit from mining BTC directly. When it has an exchange listing and a market, miners use sites like Whattomine to find out what is most profitable. Then why there is no advantage in switching back and forth between the coins.
Like the above poster said, you can mine any altcoin as long as it uses the same SHA256 algo such as Bitcoin Cash. You can't mine coins like ETH with it. The ASIC is specific to one algo and you can't change it unlike FGPA or GPUs. Hence this is the one drawback for ASICs. And why they become garage in a few years when a new generation comes out.
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