Merged Mining Definition - Glossary

Merged Mining is a technique allowing miners to simultaneously mine two or more cryptocurrencies without additional computational effort.

Merged Mining is a process where miners can mine multiple cryptocurrencies at the same time using the same computational resources. This is achieved by solving a single proof-of-work that is valid for both the main blockchain and auxiliary chains. The primary benefit is increased efficiency, as it enables miners to earn rewards from multiple blockchains simultaneously without needing extra energy or resources. Merged mining is commonly used by blockchain networks that want to leverage the security of a more established blockchain while maintaining their own independent network.