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Author Topic: Why would a coin not be merge-mined?  (Read 505 times)
Bimmerhead (OP)
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April 01, 2014, 01:20:13 AM
 #1

Other than because it is a scam, why would a SHA-256 alt-coin not be designed to be merge-mined with bitcoin?
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Bimmerhead (OP)
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April 06, 2014, 02:48:33 AM
 #2

Anyone?
roy7
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April 06, 2014, 02:50:45 AM
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I'm guessing because people want to profit from mining the new coin and if the difficulty started out in the billions, that would be difficult. Wink

Still though it's all relative. Some coins do merge mine from day one, like HunterCoin. They have a purpose for the coin (the HunterCoin game in the wallet) and so just need to keep transactions moving/etc, and instead of competing with BTC they merge mine. Makes a lot of sense.

I think any sha256 coin with some sort of real purpose to exist should merge mine. Only makes sense.
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April 06, 2014, 05:40:25 AM
 #4

Merge-mined makes a coin at zero-cost coin. Essentially worthless bi-product.

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April 06, 2014, 05:55:12 AM
 #5

Merge-mined makes a coin at zero-cost coin. Essentially worthless bi-product.

Right except not all coins exist to make a profit by selling the coins.
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April 07, 2014, 12:13:07 PM
 #6

Merge-mined makes a coin at zero-cost coin. Essentially worthless bi-product.

I'm not sure why being zero-cost would make something worthless, or why adding cost would make something worth more.

Isn't worth set by the intersection of supply and demand?  Merge-mining doesn't increase the supply (if I understand it correctly) and should actually make the secondary coin worth more because it would be more secure than if it were mined alone.
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