| submitted by /u/finalhedge
I know bitcoin can use asic chip set but from what I can see some asic based hardware can work with litecoin as well. However google search wise there isn’t much to go off of, just that it is possible.
Any guides or suggestions?
Damn… think about it: this is the key for decentraliced mining: With hybrid PoW you could have 2 algos: an ASIC friendly one that counters botnets and a CPU friendly one that allows decentralized mining. Nether alone is even capable of a 51% attack. blackmarble: https://www.reddit.com/r/Bitcoin/comments/60j1zi/…
I’m new to the field of cryptocurrencies.It seems that without good hardware i cannot earn anything.As a starter – is Gridseed Mini ASIC Miner a good choice to buy http://www.makeuseof.com/tag/gridseed-mini-asic-miner-review-and-giveaway/
Will it cost too much electricity? Can i make something out of it?
I have a research interest in understanding the spread of innovation, and the adoption of ASIC machines in the Bitcoin mining community is particularly relevant.
Does ASIC machines typically leave a trace in the blocks that they mined? Would a particular type of machine leave such trace/record/identifier in the transaction record?
I actually am a low-level programmer, (C and ASM), and I’d like to go even lower, and learn VHDL and/or Verilog.
I did some research about these 2 languages and about the 2 different type of chips that are FPGAs and ASICs, I found that you can program and reprogram FPGAs with Verilog, and you can program ASICs once and only once using VHDL language.
So if I want to experiment, should I buy FPGAs and learn Verilog ? And when I have a final version, should I buy an ASIC, program it with VHDL and get it to work ?
I want to create an altcoin that is a clone of Bitcoin. I want the mining to be ASIC resistant.
Are there any steps which I should include in my altcoin’s mining algorithm to prevent ASIC mining?
Do I need to implement a completely new algorithm for mining?