Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
Hirocoin (HIRO) New home of GPU miners, X11 hashing algorithm
Soon Scrypt coins will only be mined by those in invest heavily. Hirocoin uses the X11 hashing solution by Evan Duffield. Creating an ASIC for X11 is going to be very complex making Hirocoin an ideal home for GPU miners.
[Question] So I was wondering, is it possible to connect a red stone computer to the internet? The real world internet. There's a guy claiming he built an ASIC miner "for mining bitcoin" with red stone. You have to be connect to the bitcoin node network to mine cryptocurrency. Is this possible?!
Why can't bitcoin ASIC miners be used for LTC mining if it's just an algo change on hardware?
What am I getting wrong here. From what I've found it seems like these miners and chips are the same and it's just the mining software that's different. How else could BItmain go from 80/90mh to 500mH on an asic miner in such a small amount of time. Other than adding 200 more asic chips. What am I missing?
Why no one is speaking about Bitcoin gold fork? Is it a great idea to replace power in hands of people.. mining done by gpu instead of asic ... then less centralization for big miner player like bitmain,... /r/Bitcoin
10-05 06:42 - 'Why no one is speaking about Bitcoin gold fork? Is it a great idea to replace power in hands of people.. mining done by gpu instead of asic ... then less centralization for big miner player like bitmain,...' (self.Bitcoin) by /u/thegeneralscar removed from /r/Bitcoin within 37-47min
What BU is doing by jeopardizing the hard earned coins of the early miners is despicable. The community should punish them severely. ASIC mining is nothing but "set it and forget it." For years, /r/Bitcoin
Any uses for ASIC Bitcoin miners other than mining?
Hopefully bitcoin will only go up and up. However, if it completely crashes and there is no point in mining, is there anything you can do with the ASIC Bitcoin miners? Run programs, crunch CERN data, any thing?
Is it possible to use bitcoin ASIC miners for *coin mining other than BTC?
Looking at butterfly labs $275 unit and figuring if it mines at a similar rate for LTC, and using a 7950 as the benchmark for btc/ltc hash rate conversion i figured that for about the price of a 280X/7970 you can get a unit which is as fast as a very large farm of these cards using a fraction of the power. I can afford a $2500 unit right now which at current rate would pay for itself in 2 days time and ships immediately from butterfly labs, but if you can only use it to mine BTC then there's no point. If this isn't possible is there anyone working on a solution, or would that be too destabilizing to the market right now?
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