If you have ever wanted to mine your favorite altcoin and haven’t got any decent hardware you may want to take a look at renting a mining rig. For people without the capability to mine on their own hardware, setting everything up for the first time could be a bit of hassle so here is a a practical ...
Read More »Tag Archives: Scrypt
Litecoin Developers on why they won’t be changing the scrypt algorithm
With dedicated Scrypt ASICs on the horizon, many of the Scrypt coins out there are calling for changes in their chosen coins’ algorithms. It’s a bid for mining with a GPU to remain feasible. Earlier today two members of the Litecoin development team took to the LitecoinTalk forums to express their reasoning behind not changing the coin’s algorithm. The main ...
Read More »Scrypt ASICs: The future of mining?
With the inevitable arrival of Scrypt ASIC miners on the horizon we take a look at what this might mean for miners and the future of Scrypt mining. What are ASICs? An ASIC (Application-specific integrated circuit) Scrypt miner is exactly how the name describes it; a piece of hardware designed and built for the sole purpose of mining Scrypt-based cryptocurrencies. ...
Read More »