Dogecoin mining tutorial, how to mine Dogecoin with CPU/GPU on Windows

What is Dogecoin?

Dogecoin (English: Dogecoin, also known asDogecoin, Dogecoin, also known as Wangwangcoin in Taiwan, the currency market code is:DOGE, currency symbol: Ð) is a virtual currency (electronic currency) inherited from Litecoin. It was launched on December 6, 2013 by IBM engineer Billy Markus. The coin symbol is a Doge. At first, it was just an electronic currency created by Billy Markus for proof and as an improvement demonstration of Bitcoin, but it quickly became popular in the electronic currency community after its release.

The total circulation of Dogecoin is 100 billion. The creator hopes to reduce the manipulation of the currency value by a small number of people through the huge circulation. It is precisely because of the huge circulation of DOGE that its value in major trading markets is relatively low (as of February 2018, the CNY exchange rate was between 0.02 and 0.04, and it soared to around 3.1CNY on April 16, 2021, a more than 150-fold increase in three years. It randomly fell back to around 1.75CNY in April 2021).

Due to the huge circulation, DOGE's development in the commercial field is not as active as Bitcoin, Ethereum and Litecoin.

Dogecoin is open source and decentralized, so it is widely trusted. This means that the entire Dogecoin source code is accessible to the public around the world at any time. All payments can be made without relying on a third party, the entire system is protected by a highly encrypted algorithm that is reviewed by peers, and most importantly, no single institution or organization can control Dogecoin.

Dogecoin is an open-source, peer-to-peer digital currency favored by Shiba Inus around the world.

The official website of Dogecoin is:https://dogecoin.com/

Dogecoin Reddit Community:https://www.reddit.com/r/dogecoin/

How to mine Dogecoin?

With the recent bull market of Bitcoin and Ethereum continuously setting new highs, Dogecoin has become one of the hot currencies in this round of market, and the attention on Dogecoin on the Internet has reached a new height. Before, Dogecoin seemed quite dull for a long time, and even many holders forgot its existence. But now Dogecoin has exploded in silence. According to the currency value increase at the time of its birth, it has even reached a thousand times of 1000%, and the popularity has not diminished.

I will not go into details about the introduction of Dogecoin. Next, I will talk about how to mine Dogecoin directly through CPU or GPU in 2021.

Create a Dogecoin wallet

In order to mine a certain encrypted digital currency, you must have a corresponding storage wallet. This is common sense for all miners, so first of all, you must have a Dogecoin wallet. The current official wallet is because Dogecoin was born in 2013, and its block data volume is extremely large, so it takes a long time to synchronize all block headers. It is recommended to use the exchange deposit address here, such as Huobi, Binance, OKEX and other commonly used domestic exchanges in the doge deposit address.

Dogecoin Core

Dogecoin heavy wallet:https://github.com/dogecoin/dogecoin/releases

The latest version is updated on March 1, 2021:Dogecoin Core 1.14.3

This is a new minor update that includes important performance improvements. This update is highly recommended for everyone.

This version can be installed over an existing 1.14 installation seamlessly without uninstalling, re-indexing, or re-downloading.Simply shut down any running Dogecoin-QT or dogecoind, perform the installation and restart the node.

Increase sync speed

This significantly increases the speed at which nodes can upload blocks by eliminating the expensive integrity check that is performed every time a block is sent to another node. Checks are still performed when a block is received, and when rescanning the locally stored blockchain.

Reduce default memory pool expiration time

Reduce the default time that transactions are cached in the mempool from 336 hours to 24 hours. Individual node operators can use the -mempoolexpiry parameter to override this default setting to a value (expressed in hours) that makes the most sense for the use case that the node is using.

Other changes and improvements

• Increase chunk download timeout
• Add size_on_disk, prune_target_size, automatic_pruning to getblockchaininfo
• Add query option to unused RPC call list
• Set the BIP65 soft fork height in chainparams.cpp.
• Update package links for OSX cross-compilation.
• Change the IPC prefix from bitcoin: to dogecoin:.
• Locale-independent sorting.
• Italian translation corrections.
• Refresh the main testnet checkpoints and seeds.
• Don't show errors on connection timeouts through proxies.
• Lots of fixes for automated testing.
• Numerous fixes to documentation.

Dogecoin MiningThe first step is to download the Dogecoin re-wallet and obtain the Dogecoin wallet address.

Choose to download the Dogecoin wallet according to your computer's operating system.

When you install a Dogecoin wallet for the first time, you will need to download a copy of the Bitcoin blockchain. At least 57GB of data will be stored in this directory, and it will continue to grow.

Exchange Wallet

If you don’t want to install a Dogecoin wallet, you can use the Dogecoin wallet in the exchange.Deposit AddressThe wallet address required for mining.

Huobi Exchange Dogecoin wallet address:DC5bSnmenDUvff7YbzmmmPTXB42ZswxWBr This wallet address will be used when mining below.

Dogecoin Mining

There are many software that can mine Dogecoin under Windows, such as: unmineable, cgminer,xmrig,lolminerwait.

Unmineable is relatively simple for novices. There is no need to set up complicated scripts, and the visual interface is simple and easy to understand.

unMineable

First visit unMineable's website:https://www.unmineable.com

Find the Dogecoin icon and enter. Click on Download to enter and prepare to downloadMining software.

downloadPACKEDVersion, the download speed in China is relatively slow, it is recommended to use Motrix to download.

UnMineable Miner Beta runs on top of known mining software and provides an easy to understand user interface for beginners and inexperienced miners!
The PACKED version contains PhoenixMiner.exe (5.3b) and xmrig.exe (6.6.2), which some antivirus/Google Chrome may flag as malware, be sure to whitelist as the miners are downloaded from their official sources and are safe.

Download the unpacked version. If you have problems downloading the PACKED version (due to antivirus software restrictions), the unpacked version does not include PhoenixMiner or XMRIGBut you can download them manually and set them from that location.

CPU Mode Mining

After downloading and unzipping, open the software, click Continue to enter, and then select the mining method. You can switch between GPU and CPU. If the video memory of your graphics card is less than and equal to 3GB, then please select CPU mode.

If you don't have a GPU or cannot use it (3GB or less VRAM memory), use your CPU (RandomX algorithm) for mining.

Note: To mine in GPU mode using your graphics card, your video memory must be greater than 3GB, that is, 4GB video memory or higher.

Next, select the type of token you need to mine. This software can not only mine Dogecoin, but also other tokens.

Select Dogecoin in Select a coin or token, and then fill in your Dogecoin wallet address in Enter your address below. Be sure to make a mistake in this address, otherwise your electricity bill will be wasted.

One more thing, after filling in the wallet address, click on the i have a referral code below and fill it in kz4y-1r3m

After filling in the introducer, each transfer to the wallet platform will only charge a handling fee of 0.75%. Of course, you can use your own introducer code, click Start, and start your Dogecoin mining journey.

Oh, yes, there is one last step. Click the blue icon Website on the mining software, jump to the website page, and turn off the switch in front of Pay automatically from 30 DOGE. This is the switch for automatic transfer. When you mine 30 Dogecoins, it will be automatically transferred to your Dogecoin wallet. Because the Dogecoin payment address of Huobi is used, the minimum payment of Huobi is 40 Dogecoins. If it is less than 40 Dogecoins, it will be eaten by the platform. It is recommended to mine more, then click Pay now to transfer doge to your payment wallet.

The above is from www.unmineable.comThe method of mining Dogecoin in CPU mode is more suitable for novice users who are just starting out.

Mining in CPU mode is rather useless. After a day of mining on a test machine with dual Xeon CPUs, I only mined 0.1 Dogecoin, which is almost 0.2 cents, and is not even enough to cover the electricity bill!

If you want to mine professionally, CPU mode mining is not recommended. This mining method is suitable for office workers. You don’t need to consider electricity bills or how many coins you can mine.

GPU graphics card mode mining

Using GPU graphics card mode for mining, the output of Dogecoin will be greatly improved. The higher the video memory of the graphics card, the shorter the time it takes to produce coins.

Teach you how to mine Dogecoin, GPU graphics card mining, unMineable mining tool that you can use right away