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Posts Tagged ‘Litecoin merged mining

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.

litecoin-plus-dogecoin-merged-mining

There have been talks about possible merge mining support for Dogecoin along with Litecoin or either the DOGE forking from Scrypt to another GPU-only algorithm, so that it will not be mineable with Scrypt ASICs. It seems however that the final decision by the DOGE devs is to go the merged mining way as they have announced that they will enable the Dogecoin blockchain to accept auxiliary proof-of-work from other Scrypt chains. There is already a new branch available in the DOGE Github repository called 1.8-dev which has the AuxPoW switch on the testnet set, so that pool operators can experiment with merged mining before the actual fork to enable it on the main chain. There is no exact date on the update happening announced yet, but it should be sometime soon if there are no serious problems and if pools start adding merged mining support for LTC and DOGE. Do note that you will not be forced to use a pool with merged mining support, you would still be able to mine separately both Litecoin and Dogecoin if you wish to, however why not mine both together when there should be no drawbacks in that and only positives. This way fan of DOGE could merge mine and use the mined LTC to buy more Dogecoin for example, however the miners interested in LTC can also dump the mined DOGE for more LTC. How this will affect the DOGE is still uncertain, however many believe that this is the way to actually save Dogecoin from slowly dying.

Read the official announcement from the Dogecoin devs about the upcoming AuxPoW support…


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