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.
Correct, although you might say it's negative that it encourages centralization as triple mining can only be done through solomining or on a centralized pool, meaning most people will go through a centralized non-p2pool..