Mining other coins through Bitcoin mining hardware?

clin
Posts: 3
Joined: Mon Apr 10, 2017 10:22 am

Mining other coins through Bitcoin mining hardware?

Postby clin » Mon Apr 10, 2017 10:34 am

Can we mine other crypto coins through Bitcoin mining hardware?

simon
Posts: 34
Joined: Mon Apr 10, 2017 10:48 am

Re: Mining other coins through Bitcoin mining hardware?

Postby simon » Tue Apr 11, 2017 5:53 am

Bitcoin mining hardware is only manufactured to follow a specific hashing algorithm and cannot be used to mine digital currencies with a different algorithm. For example, a Bitcoin miner using SHA-256 cannot mine cryptocurrencies like Litecoin or Dogecoin as they both use "Scrypt". However, the coins with the same algorithm as Bitcoin can be mined through bitcoin mining hardware. Namecoins, Peercoin, and Dogecoin are to name a few.

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