Merged mining

[nonbody]

hi i was hoping someone could explain what this is and if its worth it

[OrientA]

You can mine two or more coins simultaneously. Your wallet or the pool have to support it.

[petersiddle98]

hi i was hoping someone could explain what this is and if its worth it

Well you can now mine both dogecoin and litecoin at the same time. Thats call merged mining..

[MadGhost]

it is when you mine a single coin, you will also get other coins.

[nonbody]

it is when you mine a single coin, you will also get other coins.

so is your mining power spilt ?

[MisO69]

it is when you mine a single coin, you will also get other coins.

so is your mining power spilt ?

No, the same hashes are applied to both chains. So its like mining another chain for free.

I just don't get why there isn't a pool operator that has setup something like LTC + all of the merge mine-able coins together. It would mean more money for the same work, everyone wins.

[nonbody]

it is when you mine a single coin, you will also get other coins.

so is your mining power spilt ?

No, the same hashes are applied to both chains. So its like mining another chain for free.

I just don't get why there isn't a pool operator that has setup something like LTC + all of the merge mine-able coins together. It would mean more money for the same work, everyone wins.

i agree, maybe you can be the first

[MilesJohan]

it is when you mine a single coin, you will also get other coins.

so is your mining power spilt ?

No, the same hashes are applied to both chains. So its like mining another chain for free.

I just don't get why there isn't a pool operator that has setup something like LTC + all of the merge mine-able coins together. It would mean more money for the same work, everyone wins.

A lot of pool operator has added merge mining, but not every pool add merge mining because its not easy to...