Bitcoin Forum
July 21, 2018, 06:22:42 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Non-Bitcoin Uses for Old ASIC Miners?  (Read 14075 times)
leowonderful
Legendary
*
Offline Offline

Activity: 1008
Merit: 1019



View Profile
October 30, 2016, 04:56:03 PM
 #41

sorry for bumping such an old topic but i read posts on a few different forums that suggested that these asic miners could be used for mining any sha256 coin, of which there are many.

does anyone have any experience with this?

thanks.

Smiley
Yes, it's possible as they were designed to be SHA256 miners after all. Just point the miner to the sha256 pool of your choice and it will mine for you there. Don't expect massive improvements, though- Bitcoin is usually the most profitable sha256 coin to mine, although Peercoin is sometimes more profitable.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
1532154162
Hero Member
*
Offline Offline

Posts: 1532154162

View Profile Personal Message (Offline)

Ignore
1532154162
Reply with quote  #2

1532154162
Report to moderator
1532154162
Hero Member
*
Offline Offline

Posts: 1532154162

View Profile Personal Message (Offline)

Ignore
1532154162
Reply with quote  #2

1532154162
Report to moderator
fair bitcoin games | pvp - pve - solo pve games | faucet |
Free satoshi code btcoon500
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532154162
Hero Member
*
Offline Offline

Posts: 1532154162

View Profile Personal Message (Offline)

Ignore
1532154162
Reply with quote  #2

1532154162
Report to moderator
Dank14
Full Member
***
Offline Offline

Activity: 236
Merit: 100


Crown coin


View Profile
October 31, 2016, 11:58:58 AM
 #42

I believe that soon enough we will have more SHA 256 altcoins out there in the market that will also be profitable to mine.

cbouilla
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
October 12, 2017, 09:16:34 PM
 #43

With an old miner, you may not be able to make money, but you can still help cryptographers finding a special kind of collision on SHA-256 : http://cristal.univ-lille.fr/3sum-pool.
bomberb17
Hero Member
*****
Offline Offline

Activity: 555
Merit: 500



View Profile
October 13, 2017, 04:50:25 PM
 #44

There are indeed many SHA256-based coins out there, you can use your miner to mine these with no problems. However in most cases mining will be unprofitable, since their value is too low.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ●    SETHER - Blockchain meets Social Networks    ●  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬        whitepaper     facebook     twitter     telegram         ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PRE-ICO Start | 4th December
Maren
Full Member
***
Offline Offline

Activity: 294
Merit: 101



View Profile
October 15, 2017, 09:26:40 AM
 #45

Been trying to figure out a great way to use the heat from mining for a long time. Current winners are: fruit dryer, algae farming and sauna

bomberb17
Hero Member
*****
Offline Offline

Activity: 555
Merit: 500



View Profile
October 15, 2017, 06:34:36 PM
 #46

Using an old ASIC for heating is an obvious way to earn something from obsolete hardware. Even the oldest ASIC is more efficient that an electric space heater. An unwanted byproduct of course is noise.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ●    SETHER - Blockchain meets Social Networks    ●  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬        whitepaper     facebook     twitter     telegram         ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PRE-ICO Start | 4th December
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!