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Merged Mining is the process or activity of mining two cryptocurrencies at the same time by utilizing the computational power of mining blocks on two chains using Auxiliary Proof of Work (AuxPoW). Miner does not require additional computing and both cryptocurrencies mined have the same efficiency.
The main concept of Merged Mining is that the two cryptos to be mined must use the same algorithm. For example, Bitcoin uses the SHA-256 cryptographic algorithm, meaning that almost any other coin that uses SHA-256 can be mined along with Bitcoin,
The main concept of Merged Mining is that the two cryptos to be mined must use the same algorithm. For example, Bitcoin uses the SHA-256 cryptographic algorithm, meaning that almost any other coin that uses SHA-256 can be mined along with Bitcoin,