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Alias Born | 11/21/2016 |
Tuesday, March 31, 2020 6:43:32 PM
Yes. Since NewYorkCoin uses a Scrypt hashing algorithm (the same one Litecoin uses), NewYorkCoin can be mined with any equipment that can mine Litecoin and other scrypt coins. The most efficient miners are any ASIC (which stands for “application specific integrated circuit”) computer devices, but they use a lot of energy.Mining requires a cost-benefit analysis of NewYorkCoin’s value versus the cost of the equipment and the cost of the energy. Also you can mine NewYorkCoin with your GPU over special pools.
https://nycoin.community/faq
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