Bitcoin Forum

Bitcoin => Mining => Topic started by: hl5460 on April 09, 2014, 02:50:30 AM



Title: When did NMC started merged mining with BTC?
Post by: hl5460 on April 09, 2014, 02:50:30 AM
I am wondering the impact of the merged mining on LTC/DOGE if DOGE community agrees to proposal of merged mining with LTC.

Is there any price chart of NMC before and after merged mining?
Thanks!


Title: Re: When did NMC started merged mining with BTC?
Post by: vnvizow on April 09, 2014, 01:17:33 PM
I think merged mining is the pool's choice, nothing to do with the devs but I might be wrong  :P


Title: Re: When did NMC started merged mining with BTC?
Post by: GhostPlayer on April 09, 2014, 06:34:41 PM
I would love to understand the concept of merged mining... I mean, if one algorithm sucks such immense processing power for the one coin, how on earth can you merge another one without impacting performance processing the independent blockchains?? Completely baffles me, which is no surprised at all.


Title: Re: When did NMC started merged mining with BTC?
Post by: Gator-hex on April 09, 2014, 09:16:43 PM
You merge mine coins that use the same mining algorithm.

Basically you throw the same lottery ticket at both lottos to see if you win.  ;)

As far as I remember NMC was being merge mined "secretly" by Eligius when I started mining there Oct 2012 and it basically killed the price.

Some accuse merge mining of being a way to keep me-too alt coin prices floored.


Title: Re: When did NMC started merged mining with BTC?
Post by: ghur on April 10, 2014, 07:45:04 AM
I think merged mining is the pool's choice, nothing to do with the devs but I might be wrong  :P

You're wrong.

Merged mining is something the second coin (the one merge mining against the first coin) needs to explicitly support.
It's the choice of the coin devs, not the pools or miners.

In the case suggested for doge/ltc. LTC would stay as is and Doge would hardfork to merged mine against LTC.


Title: Re: When did NMC started merged mining with BTC?
Post by: jparsley on April 11, 2014, 06:26:28 AM
I think nmc was attacked and devs changed to merge with btc mining