NMC is a currency that is applicable for merged mining with BTC. It uses the same algorithm as BTC, SHA256 algorithm. The PoW work of the miner in the parent chain BTC is also accepted by the auxiliary chain NMC. In other words, without affecting the hashrate of the machine to mine BTC, NMC can also be mined.
[NMC merged mining and profit distribution]
Bitcoin BTC and namecoin NMC: NMC is settled in PPLNS mode, that is, the amount of NMC given to users depends on the amount of NMC mined by BTC mining pool on the same day.
[NMC wallet, exchange]
The NMC address can be obtained from an exchange such as the exchange myqbtc.com.
[NMC wallet address setting]
Webpage:
Log in to Poolin official website www.poolin.com - sub-account manage at the top right corner of the page - setting - merged mining (bitcoin supports both VCash and namecoin NMC, which can be set at the same time. VCash can be settled by BTC)
App: Poolin App - Login - Setting - NMC Withdrawal Address
