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19 Jul, 2014

Litecoin proposes Dogecoin mining merge

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Litecoin founder Charlie Lee offers to merge mining for Litecoin and Dogecoin, meaning users would receive Litecoin and Dogecoin simultaneously when mining. He says that Dogecoin is too unstable on its own and is destined to fail if they do not take his offer:

Dogecoin was not designed to survive. I’ve reached out to the Dogecoin community twice to help them. One thing about the Dogecoin mining is that it’s designed like a meme; it dies out in one year. It will happen because their block reward is halving so quickly. Their hashrate went pretty high and now it’s 1/15 the size of Litecoin’s

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