How Can a Miner Switch between Different Cryptocurrencies Using the Same GPU Hardware? ⎊ Path

How Can a Miner Switch between Different Cryptocurrencies Using the Same GPU Hardware?

GPU miners can easily switch between different cryptocurrencies that use compatible hashing algorithms by simply changing the mining software and configuration settings. This flexibility is a major advantage over ASICs.

A miner can "mine the most profitable coin" at any given time, automatically or manually, a practice known as "altcoin hopping," to maximize their fiat or Bitcoin earnings.

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What Is the Difference between “Soft Forks” and “Hard Forks” in Blockchain Governance?

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What Is a ‘Soft Fork’ versus a ‘Hard Fork’ in Blockchain Upgrades?

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Glossar

Compatible Hashing Algorithms

Algorithm ⎊ Compatible Hashing Algorithms are a set of cryptographic functions that can be efficiently processed by the same class of mining hardware, typically GPUs or FPGAs, enabling multi-coin mining.