i think if ABCpool implement merge mining for namecoin mining would be better
Hi Joyyen & Gigavps,
Thanks for your comments, and for being two of ABCPool's largest miners!
We could change our system and pay out NMC also, but it wouldn't help you earn more. Why is that?
As you may have experienced at other pools the NMC income from merged mining is very low
, usually around 1%. It's a lot of work for miners to exchange their NMC for BTC, and after exchanging you only get a few bitcoin cents.
When you're mining at ABCPool, you're actually already doing merged mining part of the time
. That's why our fee is so low compared to other PPS pools. We could pay NMC also, but then we would have to raise the fee.
We can offer 1.5% PPS precisely because of the 1% NMC we sometimes
earn at other places. And thanks to our BTC-only payouts, you never have to go to an exchange to convert your NMC to BTC.
The low fee and corresponding ease of use may be among the reasons many people have decided to trust ABCPool with their hashpower since its inception in august 2011.