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Mastering Blockchain - Second Edition
book

Mastering Blockchain - Second Edition

by Ankur Daharwal, Imran Bashir, Pranav Burnwal
March 2018
Beginner to intermediate
656 pages
20h 9m
English
Packt Publishing
Content preview from Mastering Blockchain - Second Edition

Obtaining Namecoins

Even though Namecoins can be mined independently, they are usually mined as part of bitcoin mining by utilizing the merged mining technique as explained earlier. This way Namecoin can be mined as a by-product of bitcoin mining. Solo mining is no longer profitable as is evident from the following difficulty graph; instead, it is recommended to use merged mining, use a mining pool, or even use a cryptocurrency exchange to buy Namecoin.

Namecoin difficulty as shown at: https://bitinfocharts.com/comparison/difficulty-nmc.html (since December, 2016)

Various mining pools such as https://slushpool.com also offer the option of merged ...

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Publisher Resources

ISBN: 9781788839044Supplemental Content