Bitcoin Forum
May 12, 2024, 02:30:00 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > VTC/MON/PLX explanation?
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: VTC/MON/PLX explanation?  (Read 486 times)
microzee (OP)
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
May 22, 2014, 11:00:07 PM
 #1
Hello, I was originally mining feathercoins, but I want to switch to the new scrypt-n to get away before asics hit. Anyways, I decided vertcoin looked pretty good, but then I realized that the pool I'm using (give-me-coins.com) does merged mining for all 3 of these coins. Does this mean I have to have 3 wallets? I wanted vertcoin and thats it! instead I'm getting PLX atm. What's the point of this? I'm confused, please explain Tongue
1715481000
Hero Member
*
Offline Offline

Posts: 1715481000

View Profile Personal Message (Offline)

Ignore
1715481000
1715481000
Reply with quote  #2
1715481000
Report to moderator
1715481000
Hero Member
*
Offline Offline

Posts: 1715481000

View Profile Personal Message (Offline)

Ignore
1715481000
1715481000
Reply with quote  #2
1715481000
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
microzee (OP)
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
June 01, 2014, 07:03:25 PM
 #2
Still Confused!
gridsad
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
June 01, 2014, 08:18:12 PM
 #3
Not familiar with that pool and how they payout but yes in theory you'd need 3 wallets if you wanted to earn/receive all 3 coins.   This is how it works on simplevert. 
theeric
Full Member
***
Offline Offline

Activity: 130
Merit: 100



View Profile
June 01, 2014, 11:11:21 PM
 #4
Think of MON and PLX are bonus coins when you mine VTC. Just be sure you entered your VTC adress right ^_^
StuffOfInterest
Sr. Member
****
Offline Offline

Activity: 401
Merit: 250


View Profile
June 02, 2014, 02:15:33 AM
 #5
Quote from: gridsad on June 01, 2014, 08:18:12 PM
Not familiar with that pool and how they payout but yes in theory you'd need 3 wallets if you wanted to earn/receive all 3 coins.   This is how it works on simplevert. 

I did SimpleVert for a few days.  I had VTC pointing to a local wallet but for MON and PLX and I just pointed at an add funds address at an exchange.  Worked fine.
BExR exchange rates on your phone's home screen.
Miner Control to get auto algorithm switching for multiple mining services. (please donate if you like)
Could Proof of Blockchain (PoBC) help secure a coin and avoid runaway ASIC mining?
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > VTC/MON/PLX explanation?
 « 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!