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Not to be confused with multipool mining, which switches to a more profitable coin automatically, merged mining lets you send hashes to multiple blockchains.That would mean that while mining Litecoin or Dogecoin, you would be able to mine other cryptocurrencies at the same time, as you no longer need to choose between mining one or the other coin.Mining would be more profitable by mining a primary coin and other secondary coins without affecting your maximum hashrate on the primary coin, and power consumption remains the same.Merged mining works like this, your generated hashes that could be the solution to the current block will be sent to two or more different blockchains to see if they are the solution.Since every blockchain which represents a coin would have a different solution, you are increasing your chances of solving a block by sending the hash to multiple blockchains.The data of both coins remain totally separate, you are merely running multiple clients on the same machine and submit the hashes to multiple networks.

If your hash is the solution to a particular block, you will get the coin.It would be the same as if you are mining with a single cryptocurrency, except that instead of submitting your work to a single network, you are submitting your work to multiple networks to increase your chances of solving a block.
bitcoin kurs 12 monateThe most common of merged mining will be the merged mining of Bitcoin and Namecoin.
bitcoin miner antminer s9As Namecoin is a clone of Bitcoin, using the SHA-256 algorithm, a single hash of work could be used to solve a block on either coin.
bitcoin requested work updateIn theory, a miner would not even know if his pool is doing merged mining, as the same hash sent for solving the Bitcoin block could be sent to the blockchain of Namecoin as well.
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Thus in theory, a pool operator can keep the profit to himself if he wishes to.But that is ot our topic of discussion for today.I will show you a simple tutorial on how to start merged mining on Scrypt-based coins.
bitcoin honey badger of moneyThere would be primary coins and secondary coins to choose from.
bitcoin taipeiLike the merged mining example above, Bitcoin is the primary coin and Namecoin would be the secondary coin.You will need to choose one primary coin to mine with and you would have equal hashing power on all the secondary coins.No doubt it is also possible to choose more than one primary coin, but your hashing power would be divided among the number of primary coins.So let’s just stick with one primary coin and take all the secondary coins for merged mining.Secondary coinsSymbolHomepageWallet //downloads/ //openpay/orgcoin PresetacoinPTChttp://pesetacoin.info/http://pesetacoin.info/?page_id=20 UnitedScryptcoinUSChttp://usc.ax.lt/http://usc.ax.lt/ Since you will need to have a wallet for every coin that you intend to mine and downloading the blockchain would take some time, i would advice that you start to download the wallets before proceeding to the next step.

You will need to input your wallet address for receiving coins from the mining pool later.Step 2: Register at the merged mining pool Register for a free account at ManicMiner.in.Once you have filled up the particulars and clicked on Register, there will be an activation e-mail sent to you.Proceed to activate your account with the e-mail sent to your mail box.Password is not required for the workers in ManicMiner.So if your mining software requires a password, you can key in anything for it to work.Then repeat the Add Wallet process for all the secondary coins.If you have never mined before, you can follow the tutorial on how to download the software and setup your mining rig on both Windows and Linux: The mining pool charges a 1% proportional mining fees and a fixed fees for withdrawal.So do keep in mind when withdrawing from the mining pool or set an automatic withdrawal limit so that a minimal amount would be kept in online mining pool.Guiminer is a for Windows based on Download Latest Version WHAT IS GUIMINER?

GUIMiner is a graphical frontend for mining Bitcoin, providing a convenient way to operate Bitcoin miners from a graphical interface.It supports both AMD and NVIDIA GPUs, as well as CPU mining.You can choose between pooled mining and solo mining – the software embeds a list of mining pools to choose from.FEATURES COMES ALREADY CONFIGURED FOR MANY POPULAR MINING POOLS There's no need to enter connection details manually, unless you want to.REAL-TIME STATISTICS ON ALL YOUR RUNNING MINERS IN ONE LOCATION Displays hash rate, total shares accepted/invalid, and total shares in the past hour.AUTOMATICALLY START ONE OR MORE MINERS ON PROGRAM STARTUP.VIEW YOUR ACCOUNT BALANCE WITH A POOL AND/OR WITHDRAW FUNDS Do it from within the GUI, at participating pools.MINIMIZES TO TRAY The tray icon can be hovered to show statistics, and miners can be paused from the tray context menu.FREQUENTLY ASKED QUESTIONS WHERE CAN I DOWNLOAD GUIMINER?You can download GUIMiner from the official GitHub repo.

WHERE CAN I GET NEWS AND UPDATES ABOUT GUIMINER?Have a look at the official forum thread on BitcoinTalk.CAN I USE GUIMINER TO MINE LITECOIN?In order to mine Litecoin, you have to use GUIMiner-scrypt.GUIMiner-scrypt is a GUIMiner fork for mining scrypt chains, such as Litecoin.GUIMiner is the premier Bitcoin Mining tool for Windows and is one of the easiest ways to start mining Bitcoins.By offering a simple and easy to use graphical interface, GUIMiner will let you take full control of your Bitcoin mining process without requiring complicated commands or constantly editing configuration files.GUIMiner is the perfect Windows mining software for beginners and experts alike, offering a ton of useful features that will help anyone get the greatest amount of Bitcoins with the lowest amount of fuss.GUIMiner supports the most popular Bitcoin Mining software, including OpenCL Miner for AMD graphics cards, CUDA Miner for Nvidia cards, CGminer for any ASIC Miner, and even Ufasoft Miner so you can mine Bitcoins with your CPU!

Not only does GUIminer support all of these different Bitcoin miners, it also supports using multiple miners at the same time!With GUIMiner, you can maximize your Bitcoin Mining profits all in one simple place!After your miners are configured, you can even setup "Autostart mining" that will let you start mining for Bitcoins as soon as the program opens!To use GUIMiner, download the latest version from the link above, open it and extract the archive to anywhere on your PC (we recommend your Desktop so you can easily access it), then double click the GUIMiner executable to open the interface.Once GUIMiner is up and running, simply choose a mining pool (we recommend using Slush's pool, to receive the most Bitcoins), setup your login details and hit "Start Mining!"to begin earning those sweet Bitcoins!Once mining begins, you'll be able to see your mining statistics all in one place, letting you know what your hash rate is, your total shares accepted, and the total number of shares from the past hour.