Post
Topic
Board Altcoin Discussion
Re: What is altcoin?
by
kingcolex
on 22/12/2015, 03:04:12 UTC
Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?
Well think of it like this, the math to mine bitcoin is Sha 256 but most altcoins use a different math which will take different speeds.

So for example if you get 50gh/s at bitcoin you may get 2 mh/s at Dash, even though 2mh/s is 25 thousand  times less speed it is much better to mine it than bitcoin as the difficulty is much lower.

Essentially if you try to mine bitcoin at that speed you probably won't even find a mining software that will let you as most have taken out support for pc components to mine bitcoin.