Mining rig for scrypt

[ansur]

Hey, I am new to mining altcoins and have a question on hardware.

Can ASIC miners for bitcoin work with altcoins?
Is there a dedicated miner for altcoin mining?
What hardware would you buy for around $300, with electricity being free?

Currently I am just using a GTX 650Ti.

[xephyr]

Hey, I am new to mining altcoins and have a question on hardware.

Can ASIC miners for bitcoin work with altcoins?
Is there a dedicated miner for altcoin mining?
What hardware would you buy for around $300, with electricity being free?

Currently I am just using a GTX 650Ti.

ASIC miners for bitcoin will not work for altcoins. For $200 you can preorder a Zeusminer Blizzard 1.2 mH/sec Portable Scrypt ASIC Miner for delivery by May 31. Days of mining with GPUs coming to a close. For other options you can take a look at the guide to scrypt ASIC miners, hope this helps.

[sgk]

Hey, I am new to mining altcoins and have a question on hardware.

Can ASIC miners for bitcoin work with altcoins?
Is there a dedicated miner for altcoin mining?
What hardware would you buy for around $300, with electricity being free?

Currently I am just using a GTX 650Ti.

There are several ASIC mining hardware in pipeline that will mine at minimum 100 mHASH/s (and higher), so mining scrypt with a $300 hardware will hardly yield any benefits.

Rather you should buy an affordable (maybe a used one) AMD GPU; probably even sell your 650Ti and get an AMD instead, since NVIDIA GPUs are not great at mining.
And then concentrate on ASIC-resistant coins that use X11 algo, not scrypt - for example DarkCoin. That will keep you in profitable mining for extended period of time than mining scrypt.

[grippy54]

Hey, I am new to mining altcoins and have a question on hardware.

Can ASIC miners for bitcoin work with altcoins?
Is there a dedicated miner for altcoin mining?
What hardware would you buy for around $300, with electricity being free?

Currently I am just using a GTX 650Ti.

There are several ASIC mining hardware in pipeline that will mine at minimum 100 mHASH/s (and higher), so mining scrypt with a $300 hardware will hardly yield any benefits.

Rather you should buy an affordable (maybe a used one) AMD GPU; probably even sell your 650Ti and get an AMD instead, since NVIDIA GPUs are not great at mining.
And then concentrate on ASIC-resistant coins that use X11 algo, not scrypt - for example DarkCoin. That will keep you in profitable mining for extended period of time than mining scrypt.

+1

Also consider scrypt-n coins.

[heuer]

still mining？ just waste the power！ 

[grippy54]

still mining？ just waste the power！  

The mining market has a good bump over the last week or so. No guarantee that will continue, but it sure feels good.