Greetings
I am new to the digital currencies and I have read a lot about them
But still I have no knowledge about the major differences between them
I would like to know whether SP35 Yukon mining machine will be suitable for feathercoin and litecoin?
I am planning to buy one soon
I saw how difficult would it take to mine bitcoin so I thought about buying the mining machine and start mining feathercoin and litecoin
Shall I go for it or no?
Thanks
I am new to the digital currencies and I have read a lot about them
But still I have no knowledge about the major differences between them
I would like to know whether SP35 Yukon mining machine will be suitable for feathercoin and litecoin?
I am planning to buy one soon
I saw how difficult would it take to mine bitcoin so I thought about buying the mining machine and start mining feathercoin and litecoin
Shall I go for it or no?
Thanks
SP 35 Yukon Mining Machine can only mine sha-256 algo which means only bitcoin and other sha-256 coins. Feathercoin is neoscrypt and litecoin is scrypt so you can't mine those.
SP 35 is a good investment for you if your electricity rate is cheap, below 0.10KWH. But there is also a big risk to as bitcoin difficulty might suddenly rise really fast like few months back. So good luck and make your own decision.