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Topic: Can I mining Litecoin with Bitmain Antminer s5 (Read 455 times)

newbie
Activity: 1
Merit: 0
October 12, 2018, 01:19:21 PM
#6
YES YOU CAN - You can mine Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Ripple, Dash, Golem, Cardano, CureCoin, NEM, Monero, Zcash, Factom, Bytecoin, STEEM, Lisk, EOS, USD, Gridcoin, and Ethereum Classic coins here with an antminer S5 or any other SHA256, Scrypt, or X11 miners.
I am mining Dogecoin right now with my S5 here.
https://www.eobot.com/new.aspx?referid=615520
full member
Activity: 196
Merit: 100
if you want multiple algorithm supported miners, but his:

Baikal miner Giant+

    
Algorithm:X11 / X13 / X14 / X15 / Quark / Qubit
Hash Rate:2000MH/s(±10%)
Power supply:12V 6pin ATX Power
Interface:1 X Ethernet
Temp Operation:0 ~ 40 ℃
Dimension:300mm(L) x 140mm(W) x 125(H)
Weight:2980g
Price:
Announcement:on sale.

Purchase consulting:
Skype:    baikalminer
E-mail:    [email protected]
legendary
Activity: 1498
Merit: 1030
The Antminer S5 is designed to work with the SHA256 algorithm ONLY - it can be used for any coin that uses that algorithm like Bitcoin, Namecoin, Peercoin, and such ONLY.

 Litecoin uses the Scrypt algorithm, it can not be mined by an ASIC that only supports SHA256.


 So "YES" you will need different hardware to mine Litecoin with.


hero member
Activity: 700
Merit: 500
Massive price drop coming...
Litecoin are should use hardware with scrypt algo and i think bitmain antminer s5 is sha256 algo so its not compatible if you are wanted to mine litecoin..
But there are hardware could mine litecoin you need to buy them the best miner that heard for now is antminer bitmain L3+
That could mine litecoin more faster and more profitable as of now.. `
copper member
Activity: 117
Merit: 10
No.  Need new equipment.  They are different algorithms.
newbie
Activity: 2
Merit: 0
hello everyone on here. i have a silly question for your guys. I have 2 Bitmain Antminer s5. i want to know if i can start mining for litecoin with my 2 Bitmain Antminer s5 hardware. Or do i need to buy new hardware to mining for litecoin. YES or NO please.
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