Can ASIC or FPGA boards be used to mine Litecoin?

by Loourr   Last Updated November 09, 2018 01:27 AM - source

I know that Litecoin was designed to be mined with a CPU but then someone figured out how to mine it with a GPU.

Has anyone figure out how to mine Litecoin with an ASIC or FPGA boards, and if not is it conceivably possible? (and by that I mean would it be more effective)

Tags : litecoin asic fpga

Answers 3

Yes, there are designs for Litecoin mining FPGA bitstreams, but they are not very efficient currently. ASICs are much more efficient and if anyone finds it lucrative to invest in development of Litecoin mining ASICs, they will push out GPU mining. (The efficiency ratio between ASIC and GPU will be lower than with Bitcoin though).

Meni Rosenfeld
Meni Rosenfeld
September 24, 2013 17:46 PM

Litecoin uses scrypt instead of sha as its crypto function. Scrypt is a memory hungry algo, so it's very difficult to have efficent implementation on ASIC or FPGA at current technology. This choice was made to prevent ASIC and FPGA specialized mining in favour of more diffuse and generalized mining with standard hardware.

UPDATE After just about 3 months my answer is old. There are company working on ASIC chip for scrypt promising release during current year

Riccardo Casatta
Riccardo Casatta
November 04, 2013 09:31 AM

would these fpga rigs work on litecoin? i have 2 nr104 total 8 cards with 32gigs of ram... ... like to use these for litecoin.

November 09, 2018 00:41 AM

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