Dogecoin or DOGE, it is an open source P2P cryptocurrency. In recent years, the value of dogcoin has risen sharply. Many cryptocurrency enthusiasts and investors have begun to consider mining dogcoin instead of Bitcoin. In this article, we will take you to understand the basic knowledge of dogcoin, what do you need to use GPU or how to mine dogcoin on your mobile phone?

The history of dogcoin

JacksonPalmer created dogcoin to satire the world's hype of cryptocurrencies. Jackson founded it in the Office of Adobeinc. Office in Sydney, Australia in 2013. He was him at the time. Adobeinc. Product manager. When he got a positive feedback to the dogcoin, he purchased the domain name Dogecoin.com to make it familiar with the online image.

At the same time, Billymarkus, Portland, Portland, Oregon, wants to create a digital currency. He contacted Jackson and asked him if he could develop software for the real dogcoin. After getting Parmer's permission, he pushed the Dogecoin code from Luckycoin, a Leitecoin -based Litecoin. Therefore, dogcoin eventually used Litecoin's script technology to achieve it. Work certificate (POW) coin.

The currency was launched on December 6, 2013. After the launch, the value of dogcoin soared to 300%.

Unlimited supply and coin SCRYPT technology is the reason why Bitcoin adaptability and pocket friendly version.

At the end of 2017, the value of dogcoin soared with other cryptocurrencies and fell with other cryptocurrencies in 2018. From 2017 to 2018, the market value of dogcoin exceeded $ 1 billion.

Elon Musk also officially supported dogcoin in 2021. He released coordination with the developer team on Twitter to improve its transaction efficiency. In October 2021, the market value of the dogcoin exceeded 31 billion $, reaching 10th, and 48 yuan a year ago.

For some reason, a large number of encrypted investors invest in dogcoin instead of Bitcoin. This article will discuss how to mine dogcoin.

What is dogcoin mining?

The excavation of cryptocurrency context refers to the process of producing cryptocurrencies as a reward for you to complete the task. This is a transaction process that involves the use of computer systems and encryption processes to solve complex problems. The miners will be rewarded because of his/her efforts.

However, the excavation process of dogcoin is different from other cryptocurrencies such as Bitcoin and Ethereum. First, dogcoin use the same dogcoin SCRYPT laidial algorithm as Litecoin.

Because of their relative similarity, they can even excavate Litecoin and dogcoin at the same time.

The difference between dogcoin and bitcoin

Reward: Reward refers to the number of cryptocurrencies added to each block in the network. Although the mining of Bitcoin miners only earns 12.5 BTCs, dogcoin miners can earn 10,000 bitcoins every time they dig out. However, there is no reason to be happy, because the value of Bitcoin makes dogcoin dwarn.

Difficulty: The difficulty of the network refers to the difficulty of digging the cryptocurrency of specific cryptocurrencies. The difficulty of digging in Bitcoin is about 3,511,060,552,899, while the excavation of dogcoin is less difficult, with 2,798,252.

Algorithm: In the context of cryptocurrencies, algorithms refer to the rules that manage specific cryptocurrencies. Use Bitcoin. SHA-256. Litecoin and Dogecoin are SCRYPT coins, and they use workload to prove the consensus algorithm.

Block time: block time refers to the time of block mining. For Bitcoin, the block time is 10 minutes. But it only takes about a minute to dig a new dogcoin block.

In the dogcoin blockchain network, a set of transactions in a block are composed of data during transaction. Once a piece is excavated, the data will be broadcast to the Internet for other miners. Update records, protect the network from any record of dual transactions. The Internet does not approve any fraud transactions.

Like any cryptocurrency mining, dogcoin mining involves solving some advanced password equations. Therefore, dogcoin miners must spend energy on computing power, which will lead to cost.

They also compensate their efforts through trading fees and creation rewards. Therefore, dogcoin miners are responsible for maintaining and updating the dogcoin network.

Once you decide to continue using dogcoin, what you need to know is the available mining type, and the software and hardware requirements of the entire process.

Dogcoin mining profits

Dogcoin mining is not your investment option overnight. Therefore, excavation alone is not a good idea, because the cost of electricity and hardware will far exceed any profits you will get.

In addition, the value of dogcoin is small compared to other cryptocurrencies. Even if you choose to collect dogcoin, you will seriously reduce profits.

In order to calculate the profit of the dogcoin mining pool, you need to use the dogcoin mining calculator. You can use dogcoin to dig a calculator. The calculator provided by Whattomine.

The website provides the latest information about block rewards, exchange rates, network difficulties and the current price of dogcoin. All you have to do is enter your computing power, power, cost, mining pool cost and hardware cost, and the calculator will produce results.

What configuration is needed to start mining the dogcoin

To start mining dogcoin, you need to consider something, such as the hardware, software and cryptocurrency wallets you will use.

In terms of hardware, digging DOGE requires three different types of hardware (or equipment). You can use them. CPU or PC central processor. However, it is not recommended to do this, because it may be overheated and then damage your computer. The CPU is strong enough to deal with doge pressure. However, ,,,,,, the GPU is more suitable.

Then you have a GPU or graphic processing unit. It is much stronger than the unit specially used for mining. It is the first choice for many miners.

In the end, it is also important that you have the so -called ASIC or dedicated integrated circuit. This is a computer designed specifically to generate hash. The GPU is much stronger, so it is more expensive. Especially for dogcoin, you need to check specific dogcoin. SCRYPT's ASIC miner.

How to use GPU to mine dogcoins

Want to know how to use GPU to mine dogcoin?

Unfortunately, now is ASIC unless you have many times, unless you have GPUs, you may not be profitable. Even so, only buying ASIC will be a big income.

Nevertheless, if you still want to try it, maybe you have some options you have to make or feel the mining Doge.

First, either set up a GPU mining device or use anything currently in your computer.

Then download Cudaminer or CGMiner (CUDA for NVIDIA and CG for AMD) according to your graphics type.

You need the following procedures:

Connect layer address and port number. (Stratum is a coin mining protocol, you can be regarded as the website address. But it is not connected to the website, but connected to the mining pool)

Your Workers' Name-Create at Mining Pond Station

Your employee password-Created at the Mining Pond Station, unlike your user password at the station

Your mining pool website user name

If you get lost, there are CUDAMINER and CGMiner guidelines. Please note that both are old, because the DOGE GPU mining has been for some time.

how to mine dogecoin with GPU?

GPU is known for improving computer graphics. Although they are now widely used to tap encrypted assets, including dogcoin.

ASIC introduces most miners to buy ASIC not to mention those miners who can afford it. Unavoidable, ASIC is worth it. Unless you have a lot of GPUs for excavation, using GPU mining is not very good. GPU mining is more feasible than CPU mining.

There are many GPUs to choose from. But it is best to mention the following:

Nvidia GeForcegtx

Sapphire pulse RadeonRX580

ASUS RXVEGA download this software will help you use 64 or more GPUs include:

1.Cudaminer -The most suitable for NVIDIA products.

2.EasyMiner - Very good choice, especially suitable for beginners, because users are friendly

3.cgminer - Compatible with most GPU hardware.

But for any of the above software, you need the following:

Connect layer address and port number.

Create your miner's name, user name and password at the Mining Pond Station.

Stratum is a coin mining protocol. You can think that the address is similar to the website address and allows miners to connect to the mining pool.

How to mine Dogcoin on Android

Android excavation -some Android applications can help you mine dogcoin, such as Dogeminer. This is a lightweight and simple application that allows dogcoin to be excavated with many other cryptocurrencies. Keep in mind that dogcoin mining applications will be overheated according to their functions. This mining method has no profit potential.

I want to mine dogcoin from your Android phone. Unfortunately, I can't mine dogcoin or any other encrypted assets from your phone. This is because the function of the mobile phone is not strong enough to dig crystals.

Want to mine a dogcoin on the mobile phone?

Although it sounds cool to mine dogcoin with a mobile phone, unfortunately, this is impossible. The mobile phone is not even strong enough to mine dogcoin. What you can do is look at the interesting Android game Dogeminer!

Of course, there are also some software apps, claiming to mine dogcoin on your phone on your phone, so that you do n’t use your computer to mine dogcoin. Earn free dogcoin through these applications and withdraw your income.

How to mine dogcoin step by step:

Step 1: Choose the mining method you choose.

If you go that road, please buy mining hardware.

First, let's evaluate which mining method is best for you. CPU/GPU is yes. Before using some heavy mining hardware, try it. In order to obtain the greatest profit, ASIC miners may be the best way.

Step 2: Install the right software

Prepare rock for these machines-installation of suitable dogcoin mining software: CPUMINING (Pooler's CPUMINER), GPUMINING (EasyMiner), ASICMINING (CGMiner and open source Multiminer)

Step 3: Add to the mining pool and connect the device

Create accounts for mining pools required to meet your standards and equipment. After setting an account, connect your mining machine to the mining pool server.

Step 4: Set your dogcoin wallet

In order to actually collect the revenue of dogcoin mining, you need to register a dogcoin payment address in your mining pool account. Any wallet that provides dogcoin can be used, or one of the official wallets of dogcoin.

Step 5: Start mining dogcoin

You are going to participate in the competition. Pay close attention to your computing power, income and expenditure in the dashboard or application of the mining pool. According to the swimming pool you use, you can immediately fulfill it into your personal dogcoin wallet.

FAQ:

Q1. Is dogcoin worth mining?

Mining and cryptocurrencies should be selected by checking the current price and setting mining costs. Some platforms will let you clearly understand the profits that can be obtained on hardware and systems. You can use these platforms to check whether it is good for you.

Q2. Is the Dog dogcoin profitable?

Digging cryptocurrencies can be profitable or unprofitable. This also depends on your method of excavating cryptocurrencies and cryptocurrencies you are digging. However, the profit of dogcoin mining is not high because it also depends on the current value of cryptocurrencies and hardware costs used to dig.

Q3. How long does it take to mine dogcoin?

A new dogcoin is repeatedly mining. Considering the difficulty level of dogcoin and 95000mh/s at a price of $ 0.10 per kilowatt -hour, it consumes 3425 watts of electricity and 10,000 dogs. It takes 0.002 days to minimize a dogcoin.

Q4. How to become a dogcoin miner?

To be a dogcoin miner, you must set up a software on your system to dig this cryptocurrency. You also need a powerful system to solve the complexity of the blockchain and get a reward of dogcoin. We have discussed the steps of mining dogcoin, and you can apply them to become dogcoin miners.

Q5. Can I make interest on dogcoin?

Currency security is a recognition platform for dogcoin interest. However, other platforms can help you earn up to 5% of the annual interest on dogcoin.

The above content introduces the relevant knowledge of dogcoin mining, and how to use GPU for the steps of dogcoin mining. It is difficult to achieve the idea of using iphones or Android mobile phones to mine dogcoins, because the function of the phone is too limited, the computing power is too small, and it is easy to heat up, which will damage the hardware.