Merge-mine with Poolin: Dogecoin, Vcash & Namecoin

Alejandro De La Torre
Nov 22 · 2 min read

Merge-mining is the process where two or more cryptocurrencies are mined with the same hash power at the same time. A miner is then able to find blocks on different chains concurrently. This process is known technically as Auxiliary Proof of Work or AuxPoW. The benefit of merge-mining is greater security for the auxiliary chain; this is accomplished by leveraging the greater security from the parent chain. Only coins sharing the same algorithm and that have this technical feature implemented can be merge-mined.

Poolin supports various merged-mined cryptocurrencies: Dogecoin, Namecoin and Vcash.

Dogecoin: Our miners can merge-mine dogecoin when mining Litecoin.

Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as “the internet currency.” — Dogecoin.com

Vcash: Poolin miners can merge-mine Vcash while mining bitcoin, bitcoin cash and bitcoinsv.

“VCash combines the characteristics of Bitcoin with Mimblewimble technology. It inherits Bitcoin’s distribution mechanism and leverages on Grin’s privacy protocol by using Mimblewimble implementation.”-v.cash

Namecoin: Poolin miners can mine Namecoin while mining bitcoin.

Namecoin is an experimental open-source technology which improves decentralization, security, censorship resistance, privacy, and speed of certain components of the Internet infrastructure such as DNS and identities.”

⛏️For more in depth information please visit our help section here: https://help.poolin.com/hc/en-us/articles/360034977991-What-is-Merged-Mining- ⛏️

Sign up with Poolin and start merge-mining today! Don’t forget to follow us on Twitter, Facebook and Linkedin.

Poolin

Multi-Cryptocurrency mining pool.

Alejandro De La Torre

Written by

pursuit of knowledge

Poolin

Poolin

Multi-Cryptocurrency mining pool.

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