androyster (OP)
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April 05, 2021, 03:26:24 PM |
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Question for those who know. Does merged mining take away from the primary mining hash rate or not? If not why?
Thanks AA
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Ceyflix-Rez
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April 06, 2021, 12:43:48 PM |
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I suggest you try out yourself to see the result, merge mining used to be profitable in the past but can't say about now, Ezil.me pool still allows ETH and ZIL mining till date and something it's more profitable, hashrate can be little low than when mining on ETH but the earning result is all that matters
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androyster (OP)
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April 06, 2021, 02:17:38 PM |
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Thank you for the reply. I was hoping that someone would know if merged mining takes up hash rates from bitcoin mining. I don't want to guess.
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FP91G
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April 06, 2021, 02:49:36 PM |
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I've never heard of Bitcoin being merged mining. I know about merged Mining in Dogecoin & Litecoin https://research.binance.com/en/analysis/merged-miningBut in my opinion, the profit in merged mining depends on the number of miners in the coin and on its price. The more miners use merged mining, the less profit.
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androyster (OP)
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April 06, 2021, 03:25:37 PM Last edit: April 06, 2021, 03:57:48 PM by androyster |
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F2Pool allows merged mining while mining BTC (ELA, vcash and NMC). They also allow DOGE coin while mining LTC.
This is from their website:
What is merged mining? Merged mining allows miners to mine on more than one proof-of-work blockchain at the same time, as long as both blockchains have the same mining algorithm.
Every share contributed counts toward the total hashrate of both networks, and as a result, both networks are more secure.
For SHA256, f2pool supports merged mining for Namecoin, Vcash and Elastos. For Scrypt, f2pool supports merged mining for Dogecoin.
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Bravehash
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April 06, 2021, 04:07:29 PM |
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Thank you for the reply. I was hoping that someone would know if merged mining takes up hash rates from bitcoin mining. I don't want to guess.
Your topic never said anything about bitcoin or asic miner and also you are in altcoin mining section, if your questions is pointing to bitcoin mining only you are in the wrong place and honestly speaking bitcoin don't have merge mining, as far as I can tell it never happened
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androyster (OP)
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April 06, 2021, 04:10:54 PM |
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I didn't put my post here an admin did. I posted originally in the mining section.
So YES, I'm mining using ASIC miners, trying to find out if merged mining takes away from the BTC or the LTC hash rates from the ASIC miners I'm using.
It's not meant to be that complicated of a question bud.
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Daodex
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April 06, 2021, 04:59:10 PM |
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I didn't put my post here an admin did. I posted originally in the mining section.
So YES, I'm mining using ASIC miners, trying to find out if merged mining takes away from the BTC or the LTC hash rates from the ASIC miners I'm using.
It's not meant to be that complicated of a question bud.
The answer is NO, you can't merge mine BTC with other crypto coins, merge mining is only possible between two altcoins
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androyster (OP)
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April 06, 2021, 05:19:31 PM |
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Once again, the question is not whether or not I can. Not only can I with F2pool, I AM and have been doing so for months. The pool controls it. I'm not talking about solo mining on the ASIC machine. I am quite aware that this cannot be done solo.
F2pool allows a Bitcoin miner to also merge mine Vcash, ELA and NMC while mining bitcoin.
F2pool also allows a Litecoin miner to merge mine DOGE coins while mining Litecoin.
The question is in doing this does it take away from the resources (hash rate etc...) from mining the primary coin on my ASCI miners or is it simply an added value for mining with F2pool?
I'll state again. I am ALREADY doing this. But if it takes away mining resources from my ASIC miners I don't want to do it anymore.
Capiche?
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Daodex
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April 06, 2021, 05:27:39 PM |
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Once again, the question is not whether or not I can. Not only can I with F2pool, I AM and have been doing so for months. The pool controls it. I'm not talking about solo mining on the ASIC machine. I am quite aware that this cannot be done solo.
F2pool allows a Bitcoin miner to also merge mine Vcash, ELA and NMC while mining bitcoin.
F2pool also allows a Litecoin miner to merge mine DOGE coins while mining Litecoin.
The question is in doing this does it take away from the resources (hash rate etc...) from mining the primary coin on my ASCI miners or is it simply an added value for mining with F2pool?
I'll state again. I am ALREADY doing this. But if it takes away mining resources from my ASIC miners I don't want to do it anymore.
Capiche?
Why the need for this question when you already own a asic miner and also pool that supports merge mining? Just give a try yourself to see how it performs, enough with the if here and if there, get the answer yourself
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androyster (OP)
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April 06, 2021, 05:47:11 PM |
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If you don't have the knowledge or desire to answer why bother? Obviously this question isn't for YOU.
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