Hash functions

Luis Ram asked 11 months ago

Hello. I would like to understand the differences between hash fucntions ex: SHA-256 and X-11 and how to evaluate their performance. I saw in http://www.coinwarz.com/cryptocurrency a lot different options of fuctions for mining, but I do not understand upon what basis to compare them.

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Ofir Beigel Staff replied 10 months ago

Perhaps this will help: https://99bitcoins.com/bitcoin-mining-profitable-beginners-explanation/

Luis Ramirez replied 11 months ago

Thanks for your answer. My porpouse is to understand how to evaluate an investment in mining. Maybe, hash functions is not a variable I should take care of, just botter me looking at different options and not knowing what is the meaning. I am trying to evaluate the offer at: https://www.genesis-mining.com/. They just refer to http://www.coinwarz.com/cryptocurrency and that is all. So I am bit lose in the process.

Ofir Beigel Staff replied 11 months ago

I won’t be able to answer this since this is out of my area of expertise, however I think the question is a bit unclear. Why would you want to compare the hashing functions? What’s your goal?

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