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    ASICs for FTC?

    Mining
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    • J
      jlambs last edited by

      Hey everyone, I’m pretty new to the whole mining game, and recently have been seriously considering putting time and effort (and money!) into mining a cryptocurrency. I briefly did a CPU LTC mine a few months back just to try it out, and now I’m wanting to get back into it. My GPU has been broken for a few months now, and am currently waiting on it to be sent back to me fixed up… but I have a question.

      I know ASICs have been developed for BTC and have essentially rendered GPU/CPU mining useless due to superior MHash/s/$ and MHash/J capabilities. My question is: are ASIC-like devices going to be released for coins other than BTC? I know there are talks of releasing LTC ASICs in the near future (hence why I have veered away from mining them now), but could these also be used, for example, for FTC?

      I’m not very familiar with the actual process of mining itself, so at this point I don’t really understand why the current BTC ASICs can’t just be used to mine other coins instead, so if any of you could help me out there that would be cool ;D

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      • S
        StrangeAtoms last edited by

        From what I can tell there are no ones currently. If there is a increased popularity for FTC then they may begin to be developed.

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        • T
          TheRedViper last edited by

          Some websites are claiming theyre working on ASIC LTC miners . couldn’t those machines be used to mine FTC too ? Since both are Scrypt based.

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          • S
            svennand Regular Member last edited by

            [quote name=“TheRedViper” post=“41534” timestamp=“1386491852”]
            Some websites are claiming theyre working on ASIC LTC miners . couldn’t those machines be used to mine FTC too ? Since both are Scrypt based.
            [/quote]

            should work as long as the dev includes open usage and not lock it to a single ltc pool.
            wouldnt hold my breath tho in regards to an asic scrypt arriving any time soon.

            we will se fpga scrypt first imo, and there hasnt been made one yet.
            the memory intensivity on scrypt seems to be the killer for em all.

            most of those that have claimed to be able to deliver fpga scrypt has becommed silent.
            i guess thats because of peoples expectation in regards to speed/price/power

            the last fpga scrypt rig i saw/got information on would need allmost 4years to reach roi when factoring in price/processing power/power consumption…

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            • B
              bacobob last edited by

              A perfect website to see what’s Nice for mining
              [url=http://Www.dustcoin.com]Www.dustcoin.com[/url] here you can see what coin is scrypt or sha
              Here you can also see the diff. If they will make à scrypt asic it
              Will probably be for all scrypt coins just like the asic is for all sha coins now.

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              • E
                Ernesto last edited by

                [quote name=“bacobob” post=“41544” timestamp=“1386496889”]
                A perfect website to see what’s Nice for mining
                [url=http://Www.dustcoin.com]Www.dustcoin.com[/url] here you can see what coin is scrypt or sha
                Here you can also see the diff. If they will make à scrypt asic it
                Will probably be for all scrypt coins just like the asic is for all sha coins now.
                [/quote]

                interesting comparative

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                • S
                  svennand Regular Member last edited by

                  dustcoin is CRAP >:(

                  most of the times the value is messed up and theres just a few coins there.
                  coinwarz.com for the win. both independant calc for each coin and comparison calc.

                  everything a miner wants ;D

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                  • A
                    angloblaxon Regular Member last edited by

                    [quote name=“svennand” post=“41589” timestamp=“1386501636”]
                    dustcoin is CRAP >:(

                    most of the times the value is messed up and theres just a few coins there.
                    coinwarz.com for the win. both independant calc for each coin and comparison calc.

                    everything a miner wants ;D
                    [/quote]

                    i second that and use coinwarz all the time

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