Dogecoin

How To Mine For Dogecoin?

Mining doesn’t mean that you have to go into a mine and search for the crypto, and similarly, you won’t need to transform into a mining attire. Mining Dogecoin means the transactions are confirmed on the DOGE blockchain and rewards are given in return.

Dogecoin mining includes recording and validating the transactions on the Dogecoin blockchain, a public ledger necessary for the operations of cryptos. In this mining operation, the users are given new DOGE crypto for mining each block successfully, catering to the supply of crypto. Mining is crucial to maintaining the decentralization of the DOGE network and to maintaining the integrity of the process.

Miners can use different methods, including GPU mining, CPU mining, pool mining and others. Once the DOGE has been mined they can be safely stored in software wallets, providing easy management and access. Such mining activities are necessary for the Dogecoin ecosystem, to maintain its security and stability.

Can You Mine Dogecoin?

Dogecoin was developed on the Scrypt algorithm, the same as Litecoin and many other cryptos. DOGE uses the Scrypto algorithm, making it an energy-efficient option to mine. Due to this reason, there is no need to invest in high power-consuming factors. Dogecoin has been about making communities stick together, so it makes much more that it should be as approachable as possible. However, Dogecoin mining difficulty has gone up with time, and mining pools have gained popularity with time.

How Long Does It Take To Mine Dogecoin?

It takes only 1 minute to mine one DOGE on the network. There is not much required to get started with mining Dogecoin: All that is needed is:

  • A safe Dogecoin wallet
  • A computer having any of the following operating systems Linux, Windows or macOS
  • A stable internet connection

The rest of the things needed to mine Dogecoin depend primarily on the type of mining you are interested in. If you are looking to begin traditional crypto mining, you are required to use some kind of software and hardware.

Dogecoin Mining Hardware

Three types of hardware can be used to mine Dogecoin:

GPU (Graphics Processing Unit)

Graphics cards or GPUs, are quite known for their mining purposes. They also serve the primary purpose of playing video games, so the supply might be depleted in the future hiking the prices. However, as DOGE doesn’t take high computing power, there is no need to get high-end models, a simple and budget-friendly Nvidia GeForce GTX 1060 might do well.

CPU (Central Processing Unit)

If your PC specifications are good enough you might not need to spend extra cash on mining DOGE. You can always use the PC you already have, but bear in mind that although Dogecoin isn’t power-hungry like BTC, it can still do some damage to the CPU by overheating.

ASIC (Application-Specific Integrated Circuit)

As said earlier, you will require a Scrypt-compatible ASIC for mining Dogecoin. Mining this way is quite efficient but ASIC miners take a lot of money to purchase, are quite loud, and require a lot of resources to operate. They heat up quickly and can be hard to maintain so it is advised to do thorough research before making the purchase.

Top ASIC Miner Hardware For Dogecoin

Here are some of the best Dogecoin ASIC miners.

Hash Rate                                               MH/s        Power Consumption    Price

Goldshell Mini DOGE Pro                 205.00                   220W                        $1,090

BWL21 Scrypt Miner                           550.00                   950W                        $2,500

AntminerL3+                                        504.00                   800W                        $2,249

Antminer L7                                          9,500                     3,425W                     $17,000

It is evident from the table, that the hash rate is directly proportional to the price of ASIC miner and power consumption. This means a higher hash rate will require more money to purchase and will need more power to operate. On selecting a Dogecoin mining hardware, try to keep these three things in mind according to your allotted resources. You can always use a Dogecoin mining calculator to know how much you might be making in profits before picking the Dogecoin mining rig.

List Of Best Dogecoin Mining Software

Finally, you have made up your mind about which miner to purchase. It doesn’t matter what type of mining hardware you have GPUs, CPUs, or ASICs to start mining, all you need is proper software.

Here’s an overview of some of the best Dogecoin mining software solutions. Almost all of them are completely free.

EasyMiner

A beginner-friendly and free-to-use graphical mining software for Litecoin, Dogecoin, Bitcoin and many more cryptos. EasyMiner supports sha256 and Stratum mining protocols and includes two setups: Moneymaker and Classic mode.

CGminer

CGminer is one of the most famous mining software that is easy to use. The software allows for detailed mining statistics and can support various ASICs and GPUs.

BFGMiner

A modular FPGA/ASIC miner which is written in C language, that includes monitoring, remote interface and dynamic clocking. The software offers advanced mining software, provides support for various ASICs and GPUs and can be adopted by various famous mining pools.

GUIMiner-Scrypt

A GUI-based miner specifically for Windows that allows mining various crypto including DOGE. The platform is easy to use, has support for multiple ASICs and GPUS and works fine with popular mining pools.

MultiMiner

It is an all-rounder GUI that allows one to mine various cryptos including Dogecoin. The easy-to-use interface makes it a common adoption in many famous mining pools.

Awesome Miner (a $39 yearly subscription) 

A Windows application that allows for monitoring and managing the BTC, LTC, DOGE and other cryptos. It is quite simple to use, allows remote management and portrays advanced statistics.

Popular Dogecoin Mining Pools

A mining pool is where a group of miners join together over a network to mine any specific crypto. On joining a mining pool, one can earn Dogecoins much quicker than mining solo.

Some of the popular DOGE mining pools include:

  • MinePools
  • DogeMiningPool
  • Prohashing
  • Muchpool
  • DogeChain
  • WeMineDogecoins

Before starting with your mining pool account make sure you have gone through the service’s reviews and any fees associated with the service. Once everything is set you will see the payouts and income generated from your mining pool’s account. read more;