Can litecoin be mined with asic

Feby 8, 2020
can litecoin be mined with asic

can litecoin be mined with asic

I know that Litecoin was designed to be mined with a CPU but then someone figured out how to mine it with a GPU. Has anyone figure out how to mine Litecoin with an ASIC or FPGA boards, and if not...

 · Litecoin mining hardware operates on the Scrypt mining algorithm. This means you could also put a Scrypt ASIC to use mining other cryptocurrencies that use the Scrypt algorithm, for example, Dogecoin. Options for Litecoin Mining in 2018. Even as late as 2017, it was still possible to mine Litecoin using a CPU or GPU.

There is a profitable alternative to ASIC mining. Visit my website for details You can purchase any amount of Ghash power and start mining instantly. No electricity costs, No setup, No monitoring. Just collect your mining shares. And you can resell your Ghash and even make a trade profit.

ASIC Mining. An ASIC is an application specific integrated circuit. In the context of cryptocurrency, it’s a microchip specifically designed to execute a hashing algorithm as quickly as possible. Let’s give you some perspective on how powerful these ASICS can be. A Bitcoin ASIC can calculate hashes 100,000 times faster than even the best CPU.

Will Bitcoin mining damage my laptop? Mining for cryptocurrency on a laptop can be considered risky due to its fragile design for exhausting heat produced from mining. Continuing to run a laptop 24/7 mining can lead to overheating and eventually cause your notebook even to fail if left neglected.

A little more updated answer. There are still scrypt and SHA256 ASICs, but new ones are now available. There’s now ASIC for variants of the X11 algorithm. In addition, there’s a multi-algorithm that handles all the variants of this algorithm - X13...

Can I mine any cryptocurrency with any ASIC? Certain rigs will be customized for certain coins. In simple terms, any miner that is built to mine Bitcoin can mine anything that uses the encryption the Bitcoin uses. In other words, any SHA256-based miner like Antminer can mine SHA-based currencies such as Litecoin and Bitcoin. [3] What is a ...

can litecoin be mined with asic