Can Bitcoin mining hardware be used for other Crypto coins?

3

Can Bitcoin mining hardware be used for other Crypto coins?

Peter

Posted 2014-06-15T12:07:06.643

Reputation: 31

Question was closed 2014-06-15T14:40:48.410

Answers

2

You can do, if they are using the same mining algorithm. Bitcoin is using SHA256, here is a list of other coins using the same algorithm:

SHA256-Coins

Other coins like Litecoin are using the Scrypt algorithm, those are not compatible with bitcoin mining hardware.

Dennis Kriechel

Posted 2014-06-15T12:07:06.643

Reputation: 1 603