Posts Tagged ‘Coinotron’

Time to Start with the DOGE and LTC Merged Mining

11, Sep 2014

litecoin-plus-dogecoin-merged-mining

We are expecting the merged mining support for Dogecoin and Litecoin that was announced to start after DOGE block 371337 to happen any moment now (less than 100 blocks remaining), so if you are currently mining Dogecoin you might want to move to a pool with merged mining support. You should be able to mine directly for Litecoin and also get Dogecoin additionally, however in order to be able to do that you will have to use a pool that has already implemented DOGE and LTC merged mining support. Do note that merged mining of DOGE can happen with other Scrypt coins as well and not only with LTC, so some pools may have enabled merged mining of Dogecoin with other Scrypt crypto coins. We have prepared a list of pools that have already announced that are ready with merged mining support and as soon as we move past the block that should act as a starting point of the support you should start getting paid in LTC and DOGE by just mining for Litecoin. You will still be able to separately mine only DOGE, however there is not going to be much point in that when you can get the same amount of DOGE extra while mining for LTC in a pool supporting merged mining. There are still not a lot of pools supporting AuxPow merged mining, but we’ll probably see some more adding support in the next few days…

Pools with LTC and DOGE merged mining:
– Coinotron
– Multipool.us
– Litecoinpool.org
– WeMineLTC

Do note that that the AuxPow or merged mining support comes with a hardfork for the DOGE, so you will need to update your wallet to continue using it after block 371337, so if you still haven’t updated to version 1.8 of the Dogecoin wallet than it is time to do the upgrade. Have in mind that the update will require you to reindex the blockchain and that can take some time to complete.

Using LTC Rabbit as a Backup Pool for Multipool

11, Feb 2014

ltcrabbing-backup-pool-earnings

If you are mining for alternative scrypt cryptos at the moment due to their higher profitability compared to LTC, you are probably already using Multipool or another similar automatic switching pool. We are using Multipool and set one mining rig with four 280X cards on Multipool and have set LTC Rabbit as a backup pool to test instead of WeMineLTC or Coinotron that we usually set as our backup. The idea behind that pool is that you mine for anternative scrypt-based cryptos based on profitability along with LTC and you are directly getting payed in LTC, so this there is no need to transfer the mined alternative coins to an exchange and trade them for LTC. This way you get extra profit than directly mining for LTC. Our idea was to see what you can expect to get when Multipool has issues and they do have and the connection to their pools drops, so the miner goes to the backup pool. The result we’ve got for 24 hours is 0.07 LTC profit at the backup pool and about 1.09 LTC when we exchanged the mined alternative cryptos from Multipool to LTC. So if you do not have a backup pool set it will be a wise idea to do so in your miner (cgminer does support that, CUDAminer does not yet) and do use a different mining pool. Meanwhile we are heading for another drop in LTC difficulty in few hours, so the profitability of alternative cryptos such as DOGE will drop compared to directly mining LTC…


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