Bitcoin Forum
November 11, 2024, 01:48:47 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Profit: Merged Mining or Bitcoin Mining  (Read 2861 times)
QiVX (OP)
Member
**
Offline Offline

Activity: 81
Merit: 10



View Profile
July 16, 2012, 12:47:11 PM
 #1

As the title says, which of the two offer more profit for myself.

I have a 3 GHash/s rig, and mine at OzCoin. So I can either Bitcoin mine (what I am doing now), or Merge Mine.

Which one offers more profit my end, or are they basically the same, eg some times merged pas more other times it pays less.

Cheers
racerguy
Sr. Member
****
Offline Offline

Activity: 270
Merit: 250


View Profile
July 16, 2012, 02:08:09 PM
 #2

I thought ozcoin had merged mining?  Anyway merged mining gives you an extra 0.5% abouts so I don't see why you wouldn't do it.
01BTC10
VIP
Hero Member
*
Offline Offline

Activity: 756
Merit: 503



View Profile
July 16, 2012, 02:12:05 PM
 #3

Merged mining is basically a freeroll since it won't need more resource so do it if you like money.
QiVX (OP)
Member
**
Offline Offline

Activity: 81
Merit: 10



View Profile
July 17, 2012, 06:19:02 AM
 #4

Merged mining is basically a freeroll since it won't need more resource so do it if you like money.

Could I in any way receive less than mining bitcoin itself?

Thanks
01BTC10
VIP
Hero Member
*
Offline Offline

Activity: 756
Merit: 503



View Profile
July 17, 2012, 01:51:40 PM
 #5

Merged mining is basically a freeroll since it won't need more resource so do it if you like money.

Could I in any way receive less than mining bitcoin itself?

Thanks
Nope.

http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work
ssateneth
Legendary
*
Offline Offline

Activity: 1344
Merit: 1004



View Profile
July 18, 2012, 08:11:45 PM
 #6

1 ghash mining bitcoins and 1ghash merged mining will get the exact same amount of bitcoins. with merge mining you will have the opportunity to get namecoins too, but you have to set up proper namecoin address and client and all that stuff. imo merge mining isnt worth the hastle. last I checked, it was maybe 0.5% extra bitcoins if you exchanged your namecoin for bitcoin

01BTC10
VIP
Hero Member
*
Offline Offline

Activity: 756
Merit: 503



View Profile
July 18, 2012, 08:13:58 PM
 #7

It wasn't worth it mining for BTC 2 years ago either  Wink
QiVX (OP)
Member
**
Offline Offline

Activity: 81
Merit: 10



View Profile
July 18, 2012, 10:02:32 PM
 #8

It wasn't worth it mining for BTC 2 years ago either  Wink

Well I would of loved to be that guy that sold a pizza for 20k bitcoins.
fabrizziop
Hero Member
*****
Offline Offline

Activity: 506
Merit: 500



View Profile
July 19, 2012, 02:03:20 AM
 #9

From what I understand, if you mine with slush's pool(mining.bitcoin.cz) and you don't specify a Namecoin address, you still generate them, but your reward goes to the miners that specified a namecoin address. So, with that I made some profit at the beginning of merged mining.
Pages: [1]
  Print  
 
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!