Can an ASIC miner be reprogrammed?
This integrated circuit is aptly named since an ASIC microchip is designed and manufactured for one specific application and does not allow you to reprogram or modify it after it is produced. This means ASICs are not intended for general use.
Can you change the algorithm of an ASIC miner?
ASIC (Application-Specific Integrated Circuit) miners are designed to be dedicated to one algorithm, and because it is a circuit and hardware design, any software cannot change the underlying performance of an algorithm in the ASIC miner.
Can Antminer S7 mine litecoin?
If it is an SHA-256 based coin then you will be able to mine it on an ASIC made for Bitcoin such as the Antminer S9 or Antminer S7. If the cryptocurrency is a Scrypt coin such as Litecoin then it can be mined on Scrypt based ASICs such as the Antminer L3+.
How much Bitcoin can I mine per month on an S9 Antminer in 2020?
0.03600399 Bitcoin per month
Based on its technical specifications, the S9 will have the capacity to mine 0.03600399 Bitcoin per month. This figure does not factor in the cost of hardware, power, pool fees and others. If you run the Antminer for a month, expect to get a profit of 0.02138775 Bitcoin, which is equivalent to $178.78.
Can Bitcoin ASIC be repurposed?
As electricity is a key cost for Bitcoin miners, they have sought out ever more efficient processors. But ASICs are so specialised that as they become obsolete, they cannot be “repurposed for another task or even another type of cryptocurrency mining algorithm”, the researchers write.
Do I need ASIC for mining?
However, that is not the case—and using an ASIC is mandatory if you’re interested in mining these forms of money. One of the biggest reasons people want to mine cryptocurrencies is that they might feel like they can generate bigger profits than would be the case if they buy crypto with fiat currencies.
Can ASIC miners mine different coins?
Generally, each ASIC miner is constructed to mine a specific digital currency. So, a bitcoin ASIC miner can mine only bitcoin. One way to think about bitcoin ASICs is as specialized bitcoin mining computers, or “bitcoin generators,” that are optimized to solve the mining algorithm.
Can you mine Dogecoin with ASIC?
Dogecoin can be mined using various types of hardware, including: computer processors (CPUs) graphics cards (GPUs) ASIC miners.
What algorithm does Antminer S9 use?
The S9 miner only calculates the SHA256 algorithm. It’s an ASIC which is designed to ONLY do that.
Can Antminer S9 mine other coins?
A: The AntMiner S9 can only mine coins based on the SHA256 alagorithm such as bitcoin and bitcoin cash. Ethereum is based on a Keccak algorithm and is therefor unable to be mined with an AntMiner S9.
Can Antminer mine ethereum?
Is it worth to mine Bitcoin 2021?
Is Bitcoin Mining Profitable or Worth it in 2021? The short answer is yes. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020.
Can I use AntMiner S9 to mine bitcoin?
You can not use Antminer s9 beucase S9 is made to mine BitCoin as u know Bitcoin is Based on the algorithm sha256 so Antminer s9 is work for Algorithm sh256 Only. Most of the AltCoins Based on algorithms like Scrypt x11 and other.
What is the best bitcoin miner to buy?
Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are: The Bitmain Antminer S7 is Bitmain Tech’s latest version of its Antminer series of Bitcoin miners. High 4.73 TH/s hashrate, and efficient at 0.25 Joule per GH/s
Can I use an Antminer to mine altcoins?
If an altcoin uses the SHA256 double hash algorithm for their proof of work algorithm, then yes, you can use antminers or any other Bitcoin mining hardware to mine those altcoins. You will need to modify the antminer in order to use other mining software (you should be able to ssh into it and load whichever mining software you want).
Is it possible to mine bitcoin with your computer?
Since it’s now impossible to profitably mine Bitcoin with your computer, you’ll need specialized hardware called ASICs. Here’s what an ASIC miner looks like up close: The Dragonmint 16T miner. Originally, Bitcoin’s creator intended for Bitcoin to be mined on CPUs (your laptop or desktop computer).
https://www.youtube.com/watch?v=C-JFlp3Tm-4