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Separate FAQ entry on how to mine namecoins #600

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yanmaani opened this issue Dec 20, 2020 · 1 comment

yanmaani commented Dec 20, 2020 •

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Currently, there's a FAQ entry as such:

How do I obtain namecoins? Can I mine them?

Sometimes people ask specifically about mining Namecoin. It should be made clear that this is pretty much impossible. Something like this:

How do I obtain namecoins?
(current FAQ entry)
Can I mine namecoin?
Probably not. Since Namecoin is merge-mined with Bitcoin, mining bitcoin at certain pools will also give you namecoins as a by-product. However, mining namecoin by itself is not profitable, even with specialized hardware and cheap electricity.

CRYPTOLOVERBOY7 commented Jan 27, 2021

If no one mines namecoin who handled the transaction?

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