Fun fact: Dogecoin has 80% of litecoin hashrate

in #dogecoin6 years ago

Wait a joke coin has about 80% of a hashrate of a seventh largest coin? How is that possible? Well because of merged mining. Merged mining is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously. Think of as free mining for miners. Litecoin miners mine litecoin as their main source of income while Dogecoin and Viacoin are extras. In bear runs, merged mine coins give extra $ to miners to survive longer while in bull runs it becomes a whole lot of $.

image.png

Sort:  

Stop spreading lies and deceit, dogecoin is power, dogecoin is the future! It will be #1 because the power of shibe says so!

1 Dogecoin = 1 Dogecoin

Dogecoin is our true savoir!

Great article, @sames!

@sames, you are interested in reading, maybe you read me too

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 64202.90
ETH 3439.10
USDT 1.00
SBD 2.59