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Topic: Merger Mining, is good for mining ecosystem? (Read 172 times)

full member
Activity: 788
Merit: 100
Halo miners!
First, sorry for my bad english. I want to asking you a simple question about Merger Mining.
I have mining rig setup like this :
 GPU : RX 570 4GB x 10 unit
With this GPU, the best algorithm to mine is Cryptonight-Family, so i mined Cryptonight-Family coin with SRB Miner (you can found this miner in this boards).

a few months ago, pool operators launched mining mergers for cryptonight-turtle2, this mean you can Mining 2 coins at the same time. Every merged mining implementation has an auxiliary chain and a more established parent chain. To work together, both chains must share the same hashing algorithm.

At cryptonight algorithm, we can merger mining with this algorithm :
1. Cryptonight-Turtle2 ( TRTL+LOKI, TRTL+XCY, PLE+LOKI , etc )
2. Cryptonight-LiteV7 ( NBX+ARQ, XTRI+INTU, etc )
3. Cryptonight-Classic ( ETN+CROAT, CROAT+B2B, etc )


Good :

1. Hashrate Distribution : Hashes can be distributed especially with Low Hash Coin to prevent 51% attacks
2. Profits for miners : Profits for miners if you run dual-mining
3. Holding 2 coins simulsimultaneously : You can hold 2 coins at same time

Bad :   

1. No profit if you mine 1 coin : Of course, you got nothing if you mine only 1 coin ( ex : LOKI is not profitable if you mining single coin )


For example, on this day my daily profitability with 10xRX 570 is

Cryptonight-Turtle2 Dual Mining = TRTL+LOKI  = $1.66 + $0.57 = $2.23
Cryptonight-LiteV7 Dual Mining = NBX+XTRI = $1.84 + $1.57 = $3.41
Ethash Single Mining = ETH = $3.66


Now please make a discussion about Merger Mining, i need your opinion
thanks
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