I see the price of namecoin going up in the future.
Not close to BTC but when a namecoin is spent to register a keypair on the network it is destroyed.
So if demand for registering key pairs on a globally distributed database that can't be shut down outweighs the generation of them the price will go up.
Topic: Parallel mining with BF labs Single SCs? (Read 1606 times)
namecoin Last Price: 0.00181609
i suppose the rewards are similar to the bitcoin ones?
so quite pointless for now
i suppose the rewards are similar to the bitcoin ones?
so quite pointless for now
the one alt that really had interesting alt value was namecoin, but when mereged mining gave all of the bc miners nmc, they wanted to sell it immediately, so the nmc value plummeted and has dropped regularly.
so, seems like at the moment merged mining could bring very very little on top of the BTC mining?
The term is merged mining. You will be able to mine any system which uses SHA-256 as its mining algorithm and supports merged mining.
Currently namecoin and a bunch or nearly worthless alt-coins.
Currently namecoin and a bunch or nearly worthless alt-coins.
What else we will be able to mine (simultaneously) with those?
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