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How much is a Scrypt ASIC miner?

How much is a Scrypt ASIC miner?

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This item AntMiner L3++ Scrypt ASIC Litecoin Miner (L3++ with PSU) Antminer L3++ 580MH/S ASIC Litecoin Miner, Scrypt LTC Miner Machine, Professional Miner Supplier
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What Miner uses Scrypt?

Most cryptocurrencies that are mined by computers use a ‘proof of work’ algorithm, designed to make them prove that they have invested the computing power in producing the coins. Bitcoin uses SHA–256, but many alternative coins (altcoins) use another system, called scrypt.

What is the best Scrypt ASIC miner?

Best Scrypt Mining Hardware List

  • Bitmain. Antminer L7. $18,500.00 MSRP.
  • GoldShell. Goldshell LT5 Pro. $7,999.00 MSRP.
  • Innosilicon. A6+ LTC Master. $3,000.00 MSRP.
  • GoldShell. Goldshell LT5. $10,999.00 MSRP.
  • GoldShell. Goldshell LT LITE. $4,699.00 MSRP.
  • Bitmain. Antminer L3+
  • GoldShell. Goldshell Mini DOGE Pro.
  • GoldShell. Goldshell Mini DOGE.

What is a Scrypt ASIC miner?

Scrypt Miner Review. Anisa Batabyal. | 06 May, 2020 | 2 min. The Scrypt Miner is an algorithm developed as an ‘ASIC-resistant’ to prevent Bitcoin miners from joining the Litecoin network.

What can a Scrypt miner mine?

What is a SCRYPT miner?

  • A SCRYPT miner is specialized hardware that is specifically used to mine coins encoded with the Scrypt algorithm.
  • It solves mathematical problems on a supported blockchain, in order to discover the next transaction block, and get rewards for the effort provided.

Is Antminer S9 profitable?

With an average electricity cost of $0.05 per kWh, the breakeven price for the Antminer S9 is around $16,500. A single unit of S9 is able to yield a rough daily profit of $1.50 at a cost of $0.05 per kWh of electricity.

What coins can be mined with scrypt ASIC?

What cryptocurrencies can you mine with SCRYPT miner?

  • Litecoin – the first altcoin, aims to be a faster and cheaper Bitcoin.
  • Dogecoin – a coin that originated from the Doge meme, it gained traction thanks to its low price and fast transactions.

What coins use scrypt?

The first cryptocurrency using the scrypt algorithm is Litecoin. All forks of Litecoin also work on it. For example, the less popularity is on the algorithm of the scrypt coin Dogecoin. Among other cryptocurrencies using the scrypt algorithm there are the coins ProsperCoin, CashCoin, MonaCoin, Mooncoin and many others.

What coins use Scrypt?

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