Where else can we use ASIC machines? - page 2.

0xfff

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Quote from: VentMine on January 27, 2017, 11:42:40 AM

Can Antminers be used for Altcoins? If so any examples? I did a quick search and didn't see any with a high network hashrate, so I assume few ppl can be using their Antminers for alts

Bitcoin miners can be used for any sha256 coin. That is what the hardware was designed to do. There aren't many sha256 coins because bitcoin miner asic are very prevalent which makes them hard to mine for newbies.

VentMine

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Can Antminers be used for Altcoins? If so any examples? I did a quick search and didn't see any with a high network hashrate, so I assume few ppl can be using their Antminers for alts

tubexc

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Quote from: st0nefish on January 26, 2017, 03:57:19 AM

ASIC machines are specially manufactured machines for bitcoin mining. What else can we do with these machines. Are there any other areas where we can use these devices?

Turn it into Broadband Internet Speed Tester maybe Grin

Amph

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Well if you are an engineer you can actually recycle some components of the asic, to build something else

but since the chip is not reprogrammable you are stuck with an useless thing

ArcCsch

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▲ Portable backup power source for mining.

ASICs meant for bitcoin mining are no good for anything except mining SHA2-256^2 cryptocurrencies.
ASICs in general can be used for other things, ASICs have existed since at least 1981.

os2sam

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Think for yourself

Quote from: -ck on January 26, 2017, 04:45:05 AM

There are four other recognised uses for ASICs depending on their physical size: Paperweight, book end, door stop and boat anchor.

Don't forget the Block Erupter Bottle Opener. Where is that pic?

unsoindovo

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https://locktrip.com/?refId=40964

Quote from: st0nefish on January 26, 2017, 03:57:19 AM

ASIC machines are specially manufactured machines for bitcoin mining. What else can we do with these machines. Are there any other areas where we can use these devices?

ASIC can do just one things...
but better than any other processor.
the problem of this machine is that when diff goes up, and will come out newest and powerfull miners.. probably like bitMain S10, the value of oldest S9/R4 will fall down really fast...
and you must be able to sell it fast to ensure yours ROI...

-ck

legendary

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Ruu \o/

There are four other recognised uses for ASICs depending on their physical size: Paperweight, book end, door stop and boat anchor.

In short, no. They really are that specialised for mining sha256d coins that they can't be used for anything else.

mocacinno

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https://merel.mobi => buy facemasks with BTC/LTC

Quote from: st0nefish on January 26, 2017, 03:57:19 AM

ASIC machines are specially manufactured machines for bitcoin mining. What else can we do with these machines. Are there any other areas where we can use these devices?

No... If you pick up a really cheap and silent older ASIC, you can use it as a space heater while mining, but that's about the only other thing you can use them for...

st0nefish

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ASIC machines are specially manufactured machines for bitcoin mining. What else can we do with these machines. Are there any other areas where we can use these devices?

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