Bitcoin Forum
June 27, 2024, 12:13:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > What does "merged mined with BTC" mean?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: What does "merged mined with BTC" mean?  (Read 406 times)
ag346 (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
August 06, 2013, 02:09:20 AM
 #1
I was looking through the alternate cryptocurrency forum and there are several times where someone mentions "merged mined with BTC".
mjc
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Available on Kindle


View Profile WWW
August 06, 2013, 02:51:59 AM
 #2
It means that the efforts of your mining activities can solve work units for more than one coin type at once.  For instance you can mine NMC and BTC at the same rate as BTC alone.  This will net you some extra coin for the same effort.
Kindle : Bitcoin Step by Step (2nd Ed) : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Kindle : Bitcoin Mining Step by Step : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Facebook :  https://www.facebook.com/BitcoinStepByStep     Twitter : @BitcoinSbS
ag346 (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
August 07, 2013, 05:43:18 PM
 #3
Quote from: mjc on August 06, 2013, 02:51:59 AM
It means that the efforts of your mining activities can solve work units for more than one coin type at once.  For instance you can mine NMC and BTC at the same rate as BTC alone.  This will net you some extra coin for the same effort.

Interesting.  Thanks for the clarification.
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > What does "merged mined with BTC" mean?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!