how to mine alt coins with Asic miner?

Bitcoin Questions and AnswersCategory: General questionshow to mine alt coins with Asic miner?

Renan Luis Gasparin asked 2 years ago

Does anybody knows how can I use my old antminer s7 to mine alt coins like monero, zcash …?

1 Answers
Ofir Beigel answered 2 years ago

Hello Renan,
different coins use different mining algorithms. For example – Bitcoin uses SHA-256. Monero and Zcash use different algorithms and therefor your ASIC miner (i.e. Antminer S7) isn’t compatible with them. I’m not sure whether you can still mine with it, but I am sure that it won’t be very efficient.  Here’s a guide about Monero, there’s also a section about CPU mining.

Ofir Beigel replied 1 year ago

From what I understand it should definitely be possible, but I suggest consulting with a mining expert (which I’m not)

Nitin Thakor replied 1 year ago

Hello Ofir Begel,
if i user antminer s7 for other alt coin which has SHA-256 algorithm, than is it possible? if yes than please let me know how??

Bitcoin Video Crash Course 

Dummy-proof explainer videos enjoyed by over 100,000 students. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.