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Topic: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s (Read 2264 times)

SDRebel
hero member
Activity: 571
Merit: 507
Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 11, 2015, 08:06:22 AM
#13
Quote from: Equate on February 11, 2015, 01:21:22 AM
Quote from: SDRebel on February 10, 2015, 10:57:10 PM
Quote from: Equate on February 07, 2015, 12:19:35 PM
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment

That's what I said...But if power is not cheap then ROI won't be possible either.
Right, but if someone wants to try out mining without spending too much money and not to concerned if they recover their investment, then a s3+ is a nice toy Smiley
Equate
hero member
Activity: 770
Merit: 500
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 11, 2015, 01:21:22 AM
#12
Quote from: SDRebel on February 10, 2015, 10:57:10 PM
Quote from: Equate on February 07, 2015, 12:19:35 PM
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment

That's what I said...But if power is not cheap then ROI won't be possible either.
SDRebel
hero member
Activity: 571
Merit: 507
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 11, 2015, 12:08:35 AM
#11
Quote from: monkeygang on February 10, 2015, 11:21:22 PM
Quote from: SDRebel on February 10, 2015, 11:18:56 PM
Quote from: monkeygang on February 10, 2015, 11:01:13 PM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment


what do you mean by "might" like it would become obsolete before it paid for itself..
or depending on the coin you mine with it?
Both things Smiley Sad
It also depends a lot on your electricity costs
monkeygang
member
Activity: 70
Merit: 10
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 10, 2015, 11:21:22 PM
#10
Quote from: SDRebel on February 10, 2015, 11:18:56 PM
Quote from: monkeygang on February 10, 2015, 11:01:13 PM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment


what do you mean by "might" like it would become obsolete before it paid for itself..
or depending on the coin you mine with it?
SDRebel
hero member
Activity: 571
Merit: 507
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 10, 2015, 11:18:56 PM
#9
Quote from: monkeygang on February 10, 2015, 11:01:13 PM
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
Not really useless, plus people like to mess with things. If you just buy bitcoins there's not much fun on that
An antminer s3+ for 100-110 shipped might recover the initial investment
monkeygang
member
Activity: 70
Merit: 10
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 10, 2015, 11:01:13 PM
#8
I thought it was basically useless to mine btc for begginners. Because of difficulty etc. wouldnt it be easier to straight up buy bitcoins.
and less on electricity costs or something?
SDRebel
hero member
Activity: 571
Merit: 507
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 10, 2015, 10:57:10 PM
#7
Quote from: Equate on February 07, 2015, 12:19:35 PM
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.

The s3+ may also be a good option for those staring with bitcoin, it doesnt require too much investment
SDRebel
hero member
Activity: 571
Merit: 507
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 10, 2015, 10:55:53 PM
#6
Quote from: Amph on February 07, 2015, 12:14:35 PM
no, you need a gpu for that, and also s3 is obsolete, s5 is far better, work with 22nm or lower
What? You really said a GPU?
Equate
hero member
Activity: 770
Merit: 500
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 07, 2015, 12:19:35 PM
#5
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

S3 - Only if you are getting at cheap price and power is either free/ dirt cheap.
S5 - Latest sha256 Asic but you can only mine sha256 coins like Bitcoin and it won't work with LTC, DOGE etc.
For LTC , DOGE and other Scrypt coins , you need Scrypt-Asic.
Amph
legendary
Activity: 3248
Merit: 1072
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 07, 2015, 12:14:35 PM
#4
no, you need a gpu for that, and also s3 is obsolete, s5 is far better, work with 22nm or lower
hdmediaservices
hero member
Activity: 630
Merit: 504
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 06, 2015, 04:00:32 AM
#3
Quote from: adaseb on February 05, 2015, 11:58:27 PM
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

LOL

Be nice - LOL. 

No - the Antminer will only mine SHA-256 coins (like Bitcoin).  Litecoin is a Scrypt coin - requiring a different type of ASIC.

adaseb
legendary
Activity: 3808
Merit: 1723
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 05, 2015, 11:58:27 PM
#2
Quote from: menagear on February 05, 2015, 11:42:09 PM
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)

LOL
menagear
newbie
Activity: 4
Merit: 0
Re: Best hardware to mine all types of cryptocoins? Antminer S3+ 453 GH/s
February 05, 2015, 11:42:09 PM
#1
If I were to buy a Antminer S3+ 453 GH/s, will I be able to mine all types of coins? (bitcoin obviously, litecoin, dogecoin etc?)
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