Re: Mining DOGE alone vs. Mining LTC alone;
Posted: Thu Oct 21, 2021 6:38 am
It might help to have a better understanding of the term Merge Mining. You can read up on it here: https://prohashing.com/guides/merge-mining
Also note that Prohashing using FPPS takes your hashpower and converts it to whatever coin you choose.
In simple terms, when you are mining LTC, Dogecoins come along for the ride. Some mining pools will automatically merge the 2 coins payout into LTC. Other pools will keep the 2 split and payout in both LTC and Doge. ViaBTC is an example of keeping the 2 seperate. Litecoinpool merges the 2 into 1 LTC payout.
In the image below, you can see the profit difference. Merged into 1 payout vs. split into 2 payouts. Payouts being estimates.
FYI, Nicehash is a horrible company and only used as the easy example.
Also note that Prohashing using FPPS takes your hashpower and converts it to whatever coin you choose.
In simple terms, when you are mining LTC, Dogecoins come along for the ride. Some mining pools will automatically merge the 2 coins payout into LTC. Other pools will keep the 2 split and payout in both LTC and Doge. ViaBTC is an example of keeping the 2 seperate. Litecoinpool merges the 2 into 1 LTC payout.
In the image below, you can see the profit difference. Merged into 1 payout vs. split into 2 payouts. Payouts being estimates.
FYI, Nicehash is a horrible company and only used as the easy example.