Dogecoin Mining 2022: Step-By-Step Guide to Mine Doge

As Dogecoin is getting popular because of Elon Musk, people are trying ways to earn money, and one way is dogecoin mining which is profitable to mine.

Bitcoin is made for transactions using blockchain, so to make fun of the cryptocurrency, Billy Markus, Jackson Palmer developed Dogecoin in December 2013. 

Billy Markus is called “Shibetoshi Nakamoto.” He sold all doge coins in 2015.

If you see the dogecoin logo, a dog called Shiba Inu is a Japanese breed of dog.

After some time, doge memes became popular on Reddit, and Reddit started doge as a token.

That was a short history of Dogecoin.

What is Dogecoin?

Dogecoin is a peer-to-peer decentralized digital currency based on blockchain, and it is an open-source code anyone can access. 

This altcoin was created as a joke, referencing a meme about a funny-looking Shiba Inu dog.

Recently, Dogecoin has reached over $1 billion in capitalization. 

You should also know the pros and cons of a dogecoin.

Pros: 

• It can be used for transactions.
• Fast transaction compared to bitcoin.
• Very low fees.
• It works on merged mining.

Cons: 

• Dogecoin has an unlimited supply, so there will be no cap, unlike bitcoin, which has only 21 million coins.
• There is no central company involved in this
• There has been no development for the past few years.
• After a bull run, no one will take Dogecoin seriously until more use cases come,
• Less secure.

How to Mine Dogecoin?

Mining Dogecoin is super easy, and there are different ways you can mine Dogecoin, as you can mine with ASIC, GPU, & Cloud Mining.

Here is how you can mine Dogecoin with hardware like ASIC; you have to follow these few steps.

Step 1: Choose a mining hardware rig for doge.

Step 2: Choose a mining pool with low fees

Step 3: Choose a wallet that supports Dogecoin.

Step 4: Setup the dogecoin mining.

Below are the exact ways to choose the best you need to mine doge.

Now let us see how to mine Dogecoin with pc:

You should have a hardware mining rig to mine doge coins.

Here is the list of Dogecoin Mining Rig Configuration.

• Motherboard, 
• 4 Graphic Card (6GB/8GB)
• SMPS of 750Watt +, 
• Monitor, Keyboard, and Mouse
• 8GB Ram

Dogecoin mining works in both windows as well as Linux.

Follow these steps to mine doge with GPU and CPU.

Step 1: Sign Up in Unmineable.

Step 2: Download unmineable software.

Click on the green button.

Step 3: Install the Software, click on continue. (You should be whitelisted to install.)

Step 4: Choose Device GPU or CPU.

Step 5: Set Up

Select Dogecoin and Enter the address of the Dogecoin wallet.

Dogecoin has a mobile and desktop wallet where you can store your Dogecoin.

Here is the link for it: 

1. Mobile
2. Desktop

Please create an account, and then there will be a deposit address copy and paste it into the dogecoin mining software.

Click on start.

Now the mining has started to mine doge.

Best Dogecoin Hardware Mining Rig

There are several ways you can mine Dogecoin.

Here is the list of mining doge:

ASIC Miner: Dogecoin mining works on a scrypt algorithm where you mine Litecoin, and in return, you will get Dogecoin. With a single hash rate, you are getting two altcoins. The ASIC miner is very loud, so you have to put it into basements. Here is the list of two hardware to mine with scrypt algorithm: 

• Goldshell LT5
• Apollo LTC Pod ASIC Miner for Scrypt Algorithm

Product	Name	Hash Rates	Cost	View
	Goldshell	2.05 GH/s	$3,339	View Product
	Apollo LTC Pod	135+ MH/s	$319.99	View Product
	Moonlander 2	5 MH/s	$64.99	View Product

Best Doge Mining Pools

Before choosing a good dogecoin mining pool for Dogecoin, you should check the hash rate. 

Basically, hash rates are used to measure computational power, and hash rate also indicates more miners present. 

You can also check the profitability of mining dogecoin with several sites that we can see further in the blog.

Best Dogecoin mining pools list:

• Aikapool
• Litecoinpool
• Zeergpool
• Hashwiz
• Zpool

Best Wallet for Doge

In cryptocurrency, there are multiple wallets to store your altcoins; choosing fast and secure wallets is very important.

There are different types of crypto wallets: 

• Hardware 
• Mobile  
• Desktop

Hardware Wallets – As the name suggests, it’s a hardware device that will help you store private keys of cryptocurrencies. Here are the best hardware wallets for you where you can store Dogecoin:

• Ledger Nano S
• Ledger Nano X
• Tezor

Mobile Wallet

Mobile Wallet is a mobile application that allows you to manage and store your coins on your smartphones.

So here is the four best crypto wallet for mobile apps where you can store Dogecoin:

► Trust Wallet

► Doge Wallet

Desktop Wallet

It is a wallet where you store all the coins on a laptop or pc. List of 3 best desktop wallets

► MetaMask – https://metamask.io/

Best Cloud Mining for Dogecoin

If You don’t know about cloud mining, then here is a small definition of dogecoin cloud mining:

“Cloud mining is a service where you buy hash rates with money, and they mine coins for you. It mines cryptocurrency without getting any hardware and managing electricity cost. Cloud miners will do all this task.”

Here is the list of Cloud Mining Websites

1. Hashflare
2. Hashbit
3. OXBTC

Cloud mining is like a contract where you have to pay five years for buying that hash rate.

Because of cloud mining, it is now easy for some people who don’t want to set up a mining rig which is tedious.

Building a mining rig is a bit difficult to do. First, you have to wait for hardware to get in stock, and if you mine at home, then noise will kill you.

So easy to mine any coin there is cloud mining.

Advantages 

• No loud noise.
• Easy to set up.
• No need for finding a hardware rig.
• No technical stuff is needed.

Disadvantage:

• There is no transparency between the services and clients. 
• Fixed contracts for cloud mining.
• High risk for a scam.
• After the bull run gets over, dogecoin cloud mining profitability will go down drastically.

Mining Profitable Calculator for Dogecoin

Here is the list of dogecoin mining profitable calculator:

1. Coinwarz
2. MiningExplorer
3. Wattomine
4. Cryptoground
5. Minerstat

Calculating mining profit for Dogecoin is an easy task to do. Just to any website which is given above, 

Enter the hash rates which is getting from your ASIC Miner or GPU/CPU. 

Now enter the electricity cost in your town, which is measured in $ / kWh.

Lastly, enter the mining pool fees.

Then you will get to know if your device is profitable or not. 

As you can see in the above Image, with 22000.00 MH/s (hashes per second) and an electricity cost of 0.10 $ / kWh. Your profitability will be 100$ to 362$ per day.

With no hard work, you can earn 100$ to 362$ per day easily.

If you have an ASIC miner, then check this:

Getting mining hardware is very expensive and very difficult to get because everybody wants to mine the cryptocurrency.

If you see, Goldshell LT gives you almost 53$ per day and 6$ per dar electricity cost, which offers you 47$ profits. 

Goldshell LT works on scrypt mining algorithms.

What is Dogecoin Mining?

As you know, miners are getting rewards for validating transactions that are carried on the network. 

Dogecoin mining works on scrypt algorithms.

Miners receive both the reward for finding blocks and also the transaction costs paid by these senders.

You are not able to mine Dogecoin directly because it works on merged mining.

Merged mining is an algorithm where you can mine two cryptocurrencies with the same hash rates. Like in Dogecoin, you mine Litecoin in rewards; you get some dogecoin.

This is how dogecoin mining works.

FAQ

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Dogecoin Mining software