Dogecoin ($DOGE ) and Litecoin ($LTC ) share something more interesting than a place on the same exchange: a miner can help secure both with the same computing work.
It’s called merged mining. Dogecoin enabled it in 2014, and miners using the Scrypt algorithm can submit their work to both networks. The chains keep separate blocks and rewards. That’s why a discussion about Litecoin miners can also tell you something about the people securing Dogecoin.
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#DOGECOİN #Litecoin #CryptoMining
It’s called merged mining. Dogecoin enabled it in 2014, and miners using the Scrypt algorithm can submit their work to both networks. The chains keep separate blocks and rewards. That’s why a discussion about Litecoin miners can also tell you something about the people securing Dogecoin.
I may earn Binance Square rewards from engagement or qualifying trades linked to this post.
#DOGECOİN #Litecoin #CryptoMining