How to Mine Dogecoin Solo And Pool Mining

in #esteem6 years ago

image

Dogecoin until now still continues to demand for various circles because its value is considered economical and able to reach the public. This coin is easy to obtain, even we can mine it without using a graphics card. In a simple way, sometimes we use the computer there are some unused resources. It's good that this computing power is maximized so that it gets additional benefits when using the computer. This page will explain how to mine dogecoin, either solo or through pool mining.

Although dogecoin mining without using graphics cards runs slowly, but at least also produces. Given the price of graphics cards is very expensive, then this alternative can help the computer to produce self-managed coins. Dogecoin solo mining uses one CPU unit and does not affect computer performance by default.

Keep in mind, that dogecoin works just like Litecoin, so it really depends on the hardware. At least to get dogecoin requires a speed of 100 to 200 kH / s. Without a graphics card, at least we need an Intel i7 processor so as to maximize the acquisition of coins. Meanwhile, if adding a graphics card, of course, will also impact on the addition of electrical power.

Dogecoin is made using a Scrypt algorithm that is considered to save energy compared to bitcoin mining. Unlike bitcoin, dogecoin will still exist if it is mined but the number of rewards continues to decline. Many people assume that the amount of dogecoin in circulation can cause a high rate of inflation each year. But the fact is not so, inflation is actually lower than bitcoin in 2015.

How to Mine Dogecoin

The first thing to do in mining dogecoin is to download Dogecoin Core from the official dogecoin site. This wallet feature generally looks the same as other coin wallets. After the installation is complete, go to the Settings menu and Encrypt Wallet to keep the attack or theft.

The longest of these processes is synchronization with the Dogecoin network. Where the wallet core will download all the existing blocks directly to our CPU for days. When the computer is shutdown, the sync will continue to complete. Such solo mining is actually not profitable, the difficulty level is very high. So it's better to join the other miners in Pool Dogecoin provided by some websites.

Dogecoin mining pool one of them is in Aikapool. We can use this pool for mining dogecoin without having to download cores that require large storage space. Miner application is easy to use and can be continued anytime you like.

Coin Marketplace

STEEM 0.31
TRX 0.12
JST 0.033
BTC 64341.19
ETH 3145.13
USDT 1.00
SBD 4.00