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Author Topic: Non-Bitcoin Uses for Old ASIC Miners?  (Read 13963 times)
leowonderful
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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.














 

 

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Dank14
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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.

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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.
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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.

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Maren
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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
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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.

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