Topic: Mining BTC and NMC at the same time? (Read 1888 times)
eligius is supporting merged mining with NMC too. and you have 0% Fees!
It used the same hashes.
Merge mining generally happens at the pool level, so you don't need to worry about doing anything for it if you're with BTC Guild or Bitminter.
Merge mining namecoins adds about 1-2% to the revenue at no extra cost. So it's worth it.
Merge mining generally happens at the pool level, so you don't need to worry about doing anything for it if you're with BTC Guild or Bitminter.
Merge mining namecoins adds about 1-2% to the revenue at no extra cost. So it's worth it.
Thank you sir! That is what I was looking for!
It used the same hashes.
Merge mining generally happens at the pool level, so you don't need to worry about doing anything for it if you're with BTC Guild or Bitminter.
Merge mining namecoins adds about 1-2% to the revenue at no extra cost. So it's worth it.
Merge mining generally happens at the pool level, so you don't need to worry about doing anything for it if you're with BTC Guild or Bitminter.
Merge mining namecoins adds about 1-2% to the revenue at no extra cost. So it's worth it.
So it can be done at the same time, how?
namecoin is computable with bitcoin you mine bitcoin and when a new block is added to the blockchain it submits the same block to namecoin and if its accepted it adds the the namecoin blockchain.. its a bit more complicated but i like to think of the simple answer at this time of night
So I have been mining with my ASIC for a little while now, I was wondering if dual mining (or whatever it's called) with Namecoin will half the hash rate between the two or if it just does both at the same time (equally at the maximum potential hash rate for each coin)? If it splits the hash rate, why mine namecoin when you can make a lot more money mining BTC?
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