Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N
by
n3rfherder
on 10/05/2014, 10:40:53 UTC
Simple Vert now supports triple merge mining VTC/MON/PLX. 10% bonus on PLX, 2.5% on MON

Can someone please explain this merge mining?

If I mine with 1 Mhash at Simple vert do I get 1Mhash for each coin? VTC/MON/PLX ?

So the revenue displayed on coin warz is wrong and should be calculated as:
1Mhash of VTC + 1Mhash of MON + 1Mhash of PLX ?

I also have same doubt , If I mine with 1MH of VTC ,  how much VTC , MON , PLX will I  get  ?
2. On which pool can I merge mine these coins ?

Nothing changes with your hashrate. If you have 1Mhash per day then you will still have 1Mhash per day.

If you mine 2 VTC per day...then you will still mine 2 VTC per day.  Parallax and Monocle are a basically free bonus coins.

Merge mining makes a network more secure, gives incentive to mine and pushes all the coins in popularity. 

There is no negative to merge mining all three coins.