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Merge Mining NYC
Posted: Tue Oct 30, 2018 12:19 pm
by moonshot
As of block 4.8M NYC is now merge mineable.
To help encourage inclusion as one of the auxpow coins mined by Prohashing the community can raise awareness and contribute hashrate to Prohashing with the expectation of being able to withdraw NYC. It's unclear at this time if this can be facilitated without an intermediary exchange.
Thoughts?
Re: Merge Mining NYC
Posted: Tue Oct 30, 2018 1:30 pm
by CSZiggy
Was there any noticable drop in value of NYC when it moved from minable to merge-mined?
Is it still profitable enough to mine, even as a merged mined coin?
If there was a drop is it still worth it?
Re: Merge Mining NYC
Posted: Tue Oct 30, 2018 3:20 pm
by GregoryGHarding
auxpow means you dont mine it directly, its mined automatically while you mine scrypt coins, any profit is still profit
Re: Merge Mining NYC
Posted: Tue Oct 30, 2018 7:40 pm
by CSZiggy
"As of block 4.8M NYC is now merge mineable."
Guess he should have said changed to only be merge minable.
Didn't realize when it switched to merge-minable that it was no longer regular minable.
Re: Merge Mining NYC
Posted: Wed Oct 31, 2018 9:56 am
by moonshot
@CSZiggy it is still solo minable, it will just never be profitable since you would be competing with merge miners.
Also price is down in the aftermath of a 51% attack that put the exchanges into maintenance mode.