Topic: Question About Merged Mining (Read 674 times)
Namecoin merged mining is a (roughly) 3% increase. Other merged mineable coins are (virtually) worthless at this time.
Let's say you would mine today on Bitparking and checkout when you got BTC0.05. Then you also would have got
ca. 125 Devcoins
ca. 3.4 Ixcoins
ca. 0.43 Namecoins
Current prices at Vircurex:
1 Devcoin = 0.00000059 Bitcoin
1 Ixcoin = 0.00004500 Bitcoin
1 Namecoin = 0.00580000 Bitcoin
so it's 0.05 + 0.0007375 + 0.000153 + 0.002494 = 0,0533845 (minus transfer and trading costs).
The problem with bitparking is that it is a smaller pool, and it could take a long time until a block is found and you get your bitcoins. Maybe someone could give an example for bitminter or btc guild, which are bigger pools (but only do Namecoin merge mining).
ca. 125 Devcoins
ca. 3.4 Ixcoins
ca. 0.43 Namecoins
Current prices at Vircurex:
1 Devcoin = 0.00000059 Bitcoin
1 Ixcoin = 0.00004500 Bitcoin
1 Namecoin = 0.00580000 Bitcoin
so it's 0.05 + 0.0007375 + 0.000153 + 0.002494 = 0,0533845 (minus transfer and trading costs).
The problem with bitparking is that it is a smaller pool, and it could take a long time until a block is found and you get your bitcoins. Maybe someone could give an example for bitminter or btc guild, which are bigger pools (but only do Namecoin merge mining).
Hey guys i was just wondering how much extra profit could be made by joining a pool with merged mining
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