How to earn free dogecoin
Dogecoin is a cryptocurrency that features the logo of the Shiba Inu dog from the "Doge" Internet monument as its logo. Introduced as a "comedy currency" on December 6, 2013, Dogecoin rapidly developed its own online community, reaching $ 60 million capital in January 2014.
Lets jump into the ways of earning
Mine Dogecoin
Dogecoin mining is the rewarding process with the new Dogecoin to verify transactions on the Dogecoin blockchain.
You can mine Dogecoin in two ways: Solo mining & Dogecoin mining pool.
Solo miners, as their name implies, are mined by them. Solo miners have any mining reward they earn. However, if the individual miner does not have enough hashing power, the chances of winning block rewards are small. Therefore, their payments do not come often (or at all).
Like every other cryptocurrency, dogecoin mining hardware and dogecoin mining rig are an important part of the mining process. Selecting the right hardware is first and foremost necessary as the input to the system will increase productivity as needed.
Mining pools miners combine their hashrate or mining power. By “pooling” together, mining pools have a higher overall hashrate, which means they are more likely to win block rewards. Any profits are divided proportionally among the pool members, and when the payout to each individual member is small, they are usually more balanced than those of the individual miners. Joining a dogecoin pool this way does not have to wait long to mine the first block of your new coin. You will also feel that you are a part of the community.
Check out the top 5 dogecoin mining pools here.
Learn more about solo mining and mining pool here.
How To Mine Dogecoin On Android?
Mining DOGE using your phone may seem cool, but unfortunately it is not possible. Phones are not even close enough to be powerful for mining doge.
Check out the fun Android game Dogeminer for what you can do!
Complete mining guide in here.
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment