Merge mining, often referred to as auxiliary proof-of-work (AuxPoW), is a unique approach that enables miners to mine two distinct cryptocurrencies at the same time. This innovative method allows a miner to generate blocks for multiple blockchain networks concurrently, all without requiring any extra computational resources. One of the key benefits of merge mining is that it allows a blockchain to enhance its security by leveraging the strength of a more robust parent blockchain. This relationship not only improves the security of the auxiliary blockchain but also provides a more efficient mining process for miners.
### Pros of Merge Mining:
– Increased Security: Merge mining offers the advantage of heightened security by utilizing the power of a more established blockchain.
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