So, I am a little unclear on this, but if I possess a 60 GH/s Butterfly Labs ASIC, would I be able to set that up to run and mine a SHA-256 algorithm cryptography based currency like Unobtanium?
I was initially under the impression that an ASIC would only mine Bitcoin, but now there are other SHA-256 based coins such as Scotcoin and Unobtanium that I am interested in testing out as the profitability of Bitcoin mining on metered electric has reached a questionable status.
I'm sorry if this question has already been asked. I am relatively new to running a mining operation. I have a lot more experience as a technical analyst and day trader. I do have some computer programming and hacking experience, so what I really need are probably just some pointers to the right hotlinks with directions to follow or the simple answer "no that's not possible."
I have read that the ASICs will crunch any data, it doesn't matter what you throw at them. Is this just a matter of downloading cgminer and copying and pasting a .conf file to mine in a different pool?
Some assistance would be grand!
Thanks, in advance, for your time.
Edit: I'm doing some research for myself now to see if this is possible.
Double Edit: I guess I'm a little too late to join the party.
-mbiebel872
http://twitter.com/mbiebel872
don't forget that guy
I am not a miner but i think you can still mine Unobtanium on pools with ascis and you'll get some out of it. Just try it out. Pools are in the OP. Maybe someone else can help you a bit more than i can