Bitcoin Forum
April 25, 2024, 01:02:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Alternative mining for Sha256 For miners that wont profit from bitcoin  (Read 1342 times)
Dr.Shakalu (OP)
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
November 20, 2014, 10:51:13 PM
 #1

Sucks that the miner development industry is so fast. Weeks within receiving my old antminer s1 at 200gh/s the new one was out and mining became impossible again. So now the s1 collects dust. SO it leaves me with what else to use the miner for. I've been strongly considering mining flirtcoin at its launch in hopes of it going big and I'l have a good stake in it before its on an exchange to get ravaged by the sharks.

Are their other people that do this out there, sure it can't be too new of a concept. How has it been going for all of you or anyone else looking/finding things to do with the outdated sha256 miners.
1714050161
Hero Member
*
Offline Offline

Posts: 1714050161

View Profile Personal Message (Offline)

Ignore
1714050161
Reply with quote  #2

1714050161
Report to moderator
1714050161
Hero Member
*
Offline Offline

Posts: 1714050161

View Profile Personal Message (Offline)

Ignore
1714050161
Reply with quote  #2

1714050161
Report to moderator
1714050161
Hero Member
*
Offline Offline

Posts: 1714050161

View Profile Personal Message (Offline)

Ignore
1714050161
Reply with quote  #2

1714050161
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714050161
Hero Member
*
Offline Offline

Posts: 1714050161

View Profile Personal Message (Offline)

Ignore
1714050161
Reply with quote  #2

1714050161
Report to moderator
Dr.Shakalu (OP)
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
November 20, 2014, 10:59:41 PM
 #2

Gotta be someway to make these old expensive hunks of metal do something worthwhile!
TheRealSteve
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500

FUN > ROI


View Profile
November 20, 2014, 11:37:05 PM
 #3

If 'something worthwhile' is to instamine an altcoin and then dump it on an exchange asap, then sure.. you can do that.  That's pretty much all you can do with them, though, unless you want to view them as an alternative to a heater.  There isn't really an application for SHA256d outside of the cryptocurrency field.

Dr.Shakalu (OP)
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
November 21, 2014, 12:43:56 AM
 #4

Well flirtcoins thing is its also a way to tip out cryptocurrency use it as flirting online kinda grabs their attention with actual money. Even though its $0.10 its 1000 flirts! I think if it has any value it will work for that regardless of the dumping. I'm pretty sure I'm gonna grab some anyway, maybe I'll save the electricity it costs from getting a night out instead of staying in on the computer. #foreveralone lol
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!