Sentences with phrase «scrypt also»

Scrypt also allows for a higher degree of parallel processing and is generally more accessible for new miners than a more traditional algorithm.

Not exact matches

Also note that the following guide and mining software is compatible with other Scrypt based cryptocurrencies such as Feathercoin, Dogecoin and Worldcoin.

The problem that Namecoin had to face is also a key reason why Litecoin's creator, Charlie Lee, decided to implement the Scrypt mining algorithm in Litecoin, another early altcoin.

Also, it uses scrypt as its proof - of - work algorithm, which is targeted to make it impervious to ASIC mining, though a number of companies say they are planning to launch scrypt ASIC miners sometime soon.

There are also ASIC's for scrypt which specifically solves the mathematical code in relation to altcoins such as Litecoin.

Litecoin also features a larger amount of token and a new mining algorithm (Scrypt).

Litecoin also uses the «Scrypt» hashing algorithm that utilizes much less processing power than the Bitcoin «SHA256» hashing algorithm.

Also read: Litecoin Association Takes Step Forward and Launches Litecoin.com Litecoin: First Scrypt Coin, Little Innovation Since Many