BitForce SHA256 Single Help and Advise

Unacceptable

legendary

Activity: 2212

Merit: 1001

Quote from: Merrick on November 14, 2012, 01:47:49 AM

Quote from: ?? on ??

Quote from: Photon939 on November 12, 2012, 12:20:00 PM

They are not compatible with anything except bitcoins.

What would you recommend getting hold of for the same price then that allows to mine both btc ltc and nmc

Am already mining on a 5870 however the price for the new a's are too much for me

but still tempted to buy one of the sha256's as i also mine the above. When things drop by half in DEC the question is are they still going to be worth grabbing one ?

If you're dead set on multipurpose, add more 5870s that you buy cheap used, just realize that they won't be worth a damn to mine btc soon. Lotta people selling rigs.

Unless you have free power .....& need heaters Cheesy

But once the diff gets high enough,even those reasons won't mean anything Sad

Merrick

member

Activity: 113

Merit: 10

Quote from: ?? on ??

Quote from: Photon939 on November 12, 2012, 12:20:00 PM

They are not compatible with anything except bitcoins.

What would you recommend getting hold of for the same price then that allows to mine both btc ltc and nmc

Am already mining on a 5870 however the price for the new a's are too much for me

but still tempted to buy one of the sha256's as i also mine the above. When things drop by half in DEC the question is are they still going to be worth grabbing one ?

If you're dead set on multipurpose, add more 5870s that you buy cheap used, just realize that they won't be worth a damn to mine btc soon. Lotta people selling rigs.

P_Shep

legendary

Activity: 1795

Merit: 1208

This is not OK.

Quote from: vitruvio on November 12, 2012, 02:44:20 PM

Quote from: crazyearner on November 12, 2012, 12:16:02 PM

Ok as the subject states BitForce SHA256 Single I need some help with this.

I am currently thinking to get my hands on of of theses over the next few months or so. I do like the ideas that you can combined this together to use more than one together.

My question is.... Can you mine LTC with theses as theirs no information regarding mining for LTC all am seeing is videos and information regarding BTC but nothing to do with other coins

Hi, as Photon939 told you bitforce 256 and the others fpga and asic devices are developed to ~~decrypt~~ hash sha256 algorithm, so can only mine coins that use it, (BTC, PPC, TRC..). Not for LTC that use scrypt algoritm.

So when ASICs arrive the only profitable option for BTC will be ASICs and all GPU will swap to LTC. About profitability who knows? now hashrate in BTC/LTC is realted to price, we have seen last month that LTC prices has reach its max, and many GPU have switched to LTC, when LTC diff increased the will back to BTC and so on every week.

When GPU have no option to switch between BTC and LTC a new status quo will be set.

FTFY.

vitruvio

sr. member

Activity: 850

Merit: 331

Quote from: crazyearner on November 12, 2012, 12:16:02 PM

Ok as the subject states BitForce SHA256 Single I need some help with this.

I am currently thinking to get my hands on of of theses over the next few months or so. I do like the ideas that you can combined this together to use more than one together.

My question is.... Can you mine LTC with theses as theirs no information regarding mining for LTC all am seeing is videos and information regarding BTC but nothing to do with other coins

Hi, as Photon939 told you bitforce 256 and the others fpga and asic devices are developed to decrypt sha256 algorithm, so can only mine coins that use it, (BTC, PPC, TRC..). Not for LTC that use scrypt algoritm.

So when ASICs arrive the only profitable option for BTC will be ASICs and all GPU will swap to LTC. About profitability who knows? now hashrate in BTC/LTC is realted to price, we have seen last month that LTC prices has reach its max, and many GPU have switched to LTC, when LTC diff increased the will back to BTC and so on every week.

When GPU have no option to switch between BTC and LTC a new status quo will be set.

Photon939

sr. member

Activity: 452

Merit: 250

GPUs are your best bet for being compatible with multiple types of coin mining. It requires to least amount of work to write new software for the GPU wheras with FPGA mining you not only need to create the logic gate design in the FPGA, but you will also need to reprogram the controller chip on the board to send the proper data to the FPGAs. ASICs are permanent and cannot be changed.

Photon939

sr. member

Activity: 452

Merit: 250

They are not compatible with anything except bitcoins.

crazyearner

legendary

Activity: 1820

Merit: 1001

Ok as the subject states BitForce SHA256 Single I need some help with this.

I am currently thinking to get my hands on of of theses over the next few months or so. I do like the ideas that you can combined this together to use more than one together.

My question is.... Can you mine LTC with theses as theirs no information regarding mining for LTC all am seeing is videos and information regarding BTC but nothing to do with other coins

Topic: BitForce SHA256 Single Help and Advise (Read 1719 times)