asic Archives - Coin Guides

Scrypt coins – List of cryptocurrencies using scrypt hashing algorithm

coinguides — Mon, 11 Jan 2021 11:11:34 +0000

Out of the top 5 cryptocurrencies by market cap 3 are mineable coins. Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). All three operate within the proof-of-work consensus mechanism. However they all use different hashing algorithms. Bitcoin uses SHA-256 hash function and Ethereum currently uses Ethash Proof of Work hashing algorithm. In the near future Ethereum will …

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What is Spec Mining? All you need to know about speculative mining

coinguides — Mon, 03 Jun 2019 10:55:32 +0000

There is a coin called Spec coin which is current inactive. Well, here we are not talking about mining spec coin but spec mining. Instead of mining the most established / profitable coins have you ever mined a new altcoin before it has been priced? Well, that’s called spec mining. If you are in Discord …

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X11 Coins – List of Cryptocurrencies based on X 11 hashing algorithm

coinguides — Tue, 28 May 2019 05:55:51 +0000

Do you own Antminer D9, Baikal Giant X10, Innosilicon A5, FusionSilicon or any other latest X7 ASIC miner? Well, this post is for you. All these are X11 ASIC machines that are designed to mine Dash. Not only Dash, but they are capable of mining any Proof of Work cryptocurrencies that are based on X11 …

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Yescrypt Algorithm coins & Miners – Yescrypt R8, R16, R24, R32 (CPU algo)

coinguides — Thu, 25 Apr 2019 07:21:15 +0000

Whenever we post a mining guide we do mention whether or not the algorithm is ASIC resistant. But do you know that there are certain Proof of Work algorithms that are GPU resistant as well. Not CryptoNight and other CPU algorithms which can also be mined using GPUs but algorithm that only allows CPU miners. …

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Blake256 Algorithm (Blake256r14) – List of all coins and ASIC miners

coinguides — Tue, 09 Apr 2019 12:16:26 +0000

Blake is a cryptographic hashing algorithm which is an improved version of SHA256 and is one of the finalist in NIST (National Institute of Standards and Technology) SHA3 competition. It is designed and submitted by Jean-Philippe Aumasson and is based on and uses Dan Bernstein’s ChaCha stream cipher. Blake is the original algorithm and currently …

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What are Block Rewards? How Bitcoin mining block rewards work?

coinguides — Mon, 25 Mar 2019 14:46:10 +0000

Previously on Coin Guides we’ve explained Bitcoin confirmations, Bitcoin mempool, Block height, transaction hash ID and many others. Here in this article we’re going to explain what a Block reward is and how the Bitcoin miners are rewarded for finding a block? This post applies not only to Bitcoin but any crypto currencies that are …

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X16R Algorithm explained – List of X16R coins and miners (NVIDIA / AMD)

coinguides — Mon, 18 Mar 2019 15:08:19 +0000

In the cryptocurrency space every year many new projects appear. But only few turns out to be successful and only few projects tend to build something innovative. Ravencoin is one of the few projects that have gained a lots of attention and has witnessed significant success. It is a fork of Bitcoin whose blockchain is …

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WhatToMine Alternatives – Mining calculators to find out what to mine

coinguides — Tue, 12 Mar 2019 12:10:17 +0000

If you are looking for whattomine alternatives then read this post. But if you are trying to figure out what to mine with your equipment then check out the following links: What to CPU Mine? What to GPU Mine? Are you interested in mining cryptocurrencies but do not know where to start and which coin …

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Blake2s Algorithm – Miners and list of all coins based on Blake (2s)

coinguides — Sun, 16 Dec 2018 08:55:41 +0000

The rise of ASICs have impacted a number of crypto projects and community in the recent times. Most of the PoW algorithms that was GPU mineable are now only mineable using powerful ASIC miners. All these machines are capable of performing few hundreds to thousand times faster than GPUs. Due to this GPU miners had …

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Qubit algorithm – Miners (ASIC) & list of coins with Qubit PoW algorithm

coinguides — Sat, 01 Dec 2018 13:21:55 +0000

Cryptocurrency miners have used various types of hardware to mine blocks. Initially people used their computer’s CPU power to mine Bitcoin blocks. Then to enhance the hashrate users added graphics hardware which drastically outperformed CPU mining. Then slowly special purpose ASICs (Application Specific Integrated Circuit) were designed to mine Bitcoin. Currently only users who own …

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