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Author Topic: Namecoin, worth it?  (Read 1328 times)
61197da925c1 (OP)
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December 04, 2012, 12:28:57 AM
 #1

Why is it so difficult to mine namecoin?

I mean the wallet itself is not a dedicated program on its own.

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December 04, 2012, 03:49:34 AM
 #2

In my opinion, alt coins are not as widely used as Bitcoin.

Bitcoin is more worth it.
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December 04, 2012, 04:00:24 AM
 #3

Difficult to mine namecoin? not at all, on a lot of pools you can get them for free with your Bitcoin mining.
The wallet is a dedicated program - it is a wallet, not mining software (when wallets contain miners they tend to be sub optimal and most have dropped this now)
Mining programs are software that are used to mine with. I use and recommend cgminer https://bitcointalk.org/index.php?topic=28402.0

Whilst NMC was a great idea it has never taken off as a p2p DNS system, currently it is mainly used as extra income for BTC miners - the price is trending down as a result




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wdBTCtrader
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December 04, 2012, 02:50:57 PM
 #4

if your doing bitcoin it really isn't a question of cost, because the same miner can be used with no ill effects on your bitcoin mining.  Many pools offer BTC and namecoin mining, but some are starting to drop namecoin support for lack of interest.   
mancBTC
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December 04, 2012, 03:05:07 PM
 #5

Where can i find more details on namecoin? I see it traded on btc-e but the chat on there has a poor signal go noise ratio.
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December 04, 2012, 03:35:23 PM
 #6

What type of information?  pools that support both or on the technology?
mancBTC
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December 04, 2012, 03:39:11 PM
 #7

The tech, i have googled but really looking for a good beginners guide to understanding it as opposed to mining it.
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December 04, 2012, 03:49:31 PM
 #8

Here is their page which is always a good starting point, but to be honest it looks like the project has been abandoned. 

https://dot-bit.org/Main_Page
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December 04, 2012, 05:09:21 PM
 #9

Thanks
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December 12, 2012, 01:10:01 PM
 #10

Cool idea initially..now they are a waste of time

BTCguild used to give them as an extra, now ditched them too
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December 12, 2012, 06:34:01 PM
 #11

Namecoin: seem way more efficient than Bitcoin or HuhHuh? Huh

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December 12, 2012, 07:26:23 PM
 #12

Namecoin: seem way more efficient than Bitcoin or HuhHuh? Huh
efficient?

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December 12, 2012, 09:13:31 PM
 #13

never really found them worth mining
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December 12, 2012, 09:16:57 PM
 #14

mine them and hoard them!

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