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Profit: Merged Mining or Bitcoin Mining
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Topic: Profit: Merged Mining or Bitcoin Mining (Read 2854 times)
QiVX
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Profit: Merged Mining or Bitcoin Mining
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
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Re: Profit: Merged Mining or Bitcoin Mining
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
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Re: Profit: Merged Mining or Bitcoin Mining
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
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Re: Profit: Merged Mining or Bitcoin Mining
July 17, 2012, 06:19:02 AM
#4
Quote from: 01BTC10 on July 16, 2012, 02:12:05 PM
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
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Re: Profit: Merged Mining or Bitcoin Mining
July 17, 2012, 01:51:40 PM
#5
Quote from: QiVX on July 17, 2012, 06:19:02 AM
Quote from: 01BTC10 on July 16, 2012, 02:12:05 PM
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
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Re: Profit: Merged Mining or Bitcoin Mining
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
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01BTC10
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Re: Profit: Merged Mining or Bitcoin Mining
July 18, 2012, 08:13:58 PM
#7
It wasn't worth it mining for
BTC
2 years ago either
QiVX
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Re: Profit: Merged Mining or Bitcoin Mining
July 18, 2012, 10:02:32 PM
#8
Quote from: 01BTC10 on July 18, 2012, 08:13:58 PM
It wasn't worth it mining for
BTC
2 years ago either
Well I would of loved to be that guy that sold a pizza for 20k bitcoins.
fabrizziop
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Re: Profit: Merged Mining or Bitcoin Mining
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.
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