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Topic: Merge Mining and ASIC Resistance (Read 155 times)

member
Activity: 99
Merit: 10
June 13, 2018, 04:56:58 PM
#4
Minergate used to let you merge mine Monero with Fantomcoin. I wonder if a pool could make that work with Electroneum?
Well I'm mining on a small pool when I get home from work every night etn.optimusblue.com
I'm planning on renting some hash power and point it there. Decentralization is important so if a number of us did that at the same time and we got that pool up in the 3 MH/s range we could be scoring some regular blocks instead of them all going to nanopool and spacepools.
member
Activity: 194
Merit: 29
June 13, 2018, 03:42:50 PM
#3
Yes the goal is to be more ASIC resistant -- so SHA-256 and Scrypt aren't the solution

So you think we can use neoscrypt or equihash for our token and continue merge mining?
full member
Activity: 294
Merit: 102
June 13, 2018, 03:23:49 PM
#2
You can merge mine with a few different coins. The ones I know of are SHA-256 and Scrypt - both are ASIC dominated as you are probably aware of, but this doesnt actually detract from the baseline hashrate.

Im not 100% on how it works, but you have to run two daemons, one for each coin and it will accept shares for each coin separately. So - no it will not require any sort of BTCore change, especially if they are already based on something more resistant like neoscrypt or something.
member
Activity: 194
Merit: 29
June 13, 2018, 03:05:07 PM
#1
I recently read about a new project that believes they can merge mine their new token AND be ASIC resistant. Wouldn't that require a hash change on bitcoin core? Or can they have a different hashing algorithm and STILL merge mine?

 
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