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Topic: NMC and BTC merged mining - What does it Mean? (Read 8293 times)

newbie
Activity: 42
Merit: 0
December 24, 2013, 08:15:47 AM
#5
im mining at cex.io i started out with a very small amount of gh's for example 0.00140530 they said that it would be better to start with 1.00000000 but im a newbie so that all i had to start with. My question is ive received a few emails that the solved the block and have received 16 "shares" so i went back to cex.io and looked in my account my gh's stays the same but now in BTC i have 199 and NMC 589. My question is can NMC and BTC be converted to gh's or not as i cant get an answer in the chat thanks

199 BTC at 0.001GH, may be u miss something ?
member
Activity: 92
Merit: 10
im mining at cex.io i started out with a very small amount of gh's for example 0.00140530 they said that it would be better to start with 1.00000000 but im a newbie so that all i had to start with. My question is ive received a few emails that the solved the block and have received 16 "shares" so i went back to cex.io and looked in my account my gh's stays the same but now in BTC i have 199 and NMC 589. My question is can NMC and BTC be converted to gh's or not as i cant get an answer in the chat thanks
sr. member
Activity: 455
Merit: 250
You Don't Bitcoin 'till You Mint Coin
sr. member
Activity: 455
Merit: 250
You Don't Bitcoin 'till You Mint Coin
Having difficulties understanding merged mining between NMC and BTC.
What does it mean? There has been little information posted about how it works.

Does this mean the Namecoin currency and DNS information is now part of the bitcoin blockchain?
Or does it mean solving a bitcoin block simultaneously solves a namecoin block?
If so, how does that work?

Appreciate the time for your answers.
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