What is Crypto Merged Mining?

Crypto-merged mining is a process where miners can mine multiple cryptocurrencies simultaneously, using the same computational power. This is done using the same proof-of-work algorithm for multiple cryptocurrencies, allowing miners to submit their proof-of-work to multiple blockchains simultaneously. Miners can earn rewards from multiple currencies without investing in separate mining hardware for each currency. This concept is also known as Auxiliary Proof of Work (AuxPoW). It is a way for small networks to secure their network by allowing miners to…