precious stones

precious stones

Monday, October 14, 2019

Dogecoin Mining

   Dogecoin Mining 

Here are some basic Dogecoin details compared to other cryptocurrencies like Bitcoin and Litecoin. Note that Litecoin and Dogecoin both use Scrypt hashing algorithms. This similarity has enabled merged mining between the two coins and allows for Dogecoin and Litecoin to be mined simultaneously. There are two approaches to mining Dogecoin. Firstly, you can solo mine, meaning you provide hashing power yourself and are the only benefactor when confirming blocks. Solo mining is often very difficult to make profitable at a small scale and is best suited for larger operations. Unless you are just tinkering, in that case, tinker away, but expect a loss.

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