Author

Topic: Other virtual currencies with ASIC? (Read 1183 times)

newbie
Activity: 3
Merit: 0
May 06, 2013, 09:14:43 AM
#8
Namecoins can still be mined though and there are a few places on the web that allows you to trade them for bitcoins. Though my guess is the amount of bitcoins you will get will be very small. But still 0.01 bitcoin is better than none.
sr. member
Activity: 476
Merit: 250
May 06, 2013, 09:06:57 AM
#7

You'd be the only one mining NMC tho, Namecoin is very dead   Undecided

NMC can be merged-mined with BTC, which currently gives you 8% more!
newbie
Activity: 56
Merit: 0
May 06, 2013, 09:03:53 AM
#6
The current batch of ASICs should work on any SHA-256 based coin, so BTC, NMC, PPC, TRC, DVC, IXC, FRC, BTE etc.

You'd be the only one mining NMC tho, Namecoin is very dead   Undecided
sr. member
Activity: 412
Merit: 250
May 06, 2013, 09:01:35 AM
#5
The current batch of ASICs should work on any SHA-256 based coin, so BTC, NMC, PPC, TRC, DVC, IXC, FRC, BTE etc.
sr. member
Activity: 476
Merit: 250
May 06, 2013, 08:57:02 AM
#4
Asics can only mine SHA-256. I am not sure if an ASIC can mine other currencies based on SHA-256. I would think so thought.  Someone please correct me if im wrong.

Yes, you can mine any SHA256d coin with those ASICs.
sr. member
Activity: 476
Merit: 250
May 06, 2013, 08:55:29 AM
#3
Scrypt-based currencies (LTC, NVC, BBQ, MNC, FTC, CNC, BTB, ...) cannot be mined with curret Bitcoin (SHA256d) ASICs.

However, we may see scrypt-ASICs some day. Probably not earlier than in 1,5 years.
newbie
Activity: 10
Merit: 0
May 06, 2013, 08:55:13 AM
#2
Asics can only mine SHA-256. I am not sure if an ASIC can mine other currencies based on SHA-256. I would think so thought.  Someone please correct me if im wrong.
member
Activity: 93
Merit: 10
May 06, 2013, 08:49:22 AM
#1
Hey there,

short question: is it possible to mine other virtual currencies with an ASIC miner?

I know that LiteCoins are immune to ASIC, but what about the rest?

thanks
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