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Mining only namecoins
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Topic: Mining only namecoins (Read 1294 times)
Professor James Moriarty
(OP)
aka TheTortoise
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Mining only namecoins
May 17, 2013, 12:44:06 PM
#1
Is it possible? Or do I have to mine bitcoin and get namecoin with it ?
tom_o
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Re: Mining only namecoins
May 17, 2013, 12:55:58 PM
#2
Quote from: TheTortoise on May 17, 2013, 12:44:06 PM
Is it possible? Or do I have to mine bitcoin and get namecoin with it ?
Doesn't seem much point when you can merge mine and get both at the same rate as if you were only doing one.
Professor James Moriarty
(OP)
aka TheTortoise
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Activity: 434
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Re: Mining only namecoins
May 17, 2013, 01:03:32 PM
#3
I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e
MrWizard
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Re: Mining only namecoins
May 17, 2013, 01:04:57 PM
#4
Quote from: TheTortoise on May 17, 2013, 01:03:32 PM
I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e
You won't mine them any faster if you only solo mine NM. Merge mine them.
"I walked into the room dripping in Bitcoins. Yea dripping in Bitcoins."
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virtualmaster
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Re: Mining only namecoins
May 17, 2013, 01:28:21 PM
#5
Quote from: TheTortoise on May 17, 2013, 12:44:06 PM
Is it possible? Or do I have to mine bitcoin and get namecoin with it ?
It is possible but not profitable because namecoin has the highest hashrate/market volume.
Only merged mining with bitcoin is profitable and doesn't require additional work. If you mine only namecoins you will not mine more than by a merged mining.
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FuzzyBear
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Re: Mining only namecoins
May 17, 2013, 01:29:33 PM
#6
just MM on bitparking
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twobits
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Re: Mining only namecoins
May 17, 2013, 03:31:51 PM
#7
Quote from: TheTortoise on May 17, 2013, 01:03:32 PM
I mean if I only mine namecoin can I mine more? I have some saved up but not enough to withdraw from btc-e
It is possible. You won't get more for doing it... well maybe some infinitesimal amount by less longpolls and whatever the stratum equivalent is for restarting when a block is found. So no real point to it.
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Adamlm
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Re: Mining only namecoins
May 17, 2013, 03:36:44 PM
#8
Merged mining is the best idea IMO:
http://mmpool.bitparking.com/pool
- mine BTC, DVC, IXC and NMC at the same time.
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