This funny virtual coin depicting a Japanese dog Shiba Inu has become the focus of miners today, as even owners of computers that are not very powerful can mine dogecoin.
Is it easy to get "dog money"?
Attention of cryptocurrency miners was suddenly attracted by the world's only cryptocurrency, created for the sake of laughter.
Dogecoin (which, by the way, is an offshoot of litecoin) is good because even the owner of a not particularly powerful computer can mine it. In 2017, the total turnover of "dog coins" was one hundred and twelve million.
How to mine dogecoin for beginners?
To start earning dogecoins, the old-timers of the Network recommend that their inexperienced fellows first decide on the program through which mining will take place. For example, owners of video cards manufactured by Nvidia are recommended in most cases the CUDAminer program.
In order for the program to start working and generate passive income, its developers wantobtain from users information regarding their personal data, as well as the address of the pool. In some cases, the program asks for information about the graphics chip installed on the user's PC.
Finding a pool should be easy for a beginner. From the list of sites, you need to select one, register and create a virtual worker. And most importantly, do not forget to automate the withdrawal of earned funds.
The next step of the newly-made miner is to create a bat-file (mining will not start without this action) and fill it with information of a certain kind. How effective this type of earnings is, is not known for certain. Feedback from people who have used this way of earning money can be described as mutually exclusive: rave reviews are interspersed with negative ones.
The answer to the question of beginners who want to become miners of cryptocurrencies (in particular, Dogecoin): “How to mine without spending money on buying equipment?” - found a long time ago. This is the well-known cloud mining, a method that involves renting already installed and working capacities.
Mining features
It takes only two minutes to form new dogecoin blocks (it takes six and ten minutes to generate litecoin and bitcoin, respectively), so it can be mined even on a simple computer or laptop.
In addition, both a pool member and a lone miner whose computer is equipped with an NVidia or ATi video card can mine dogecoins. Miners with many years of experience note that the best results can be achieved with an AMD graphics card.
Mining without investments. Recommendations from experienced miners
Beginner miners who want to learn how and where to mine Dogecoin without investing personal funds in the purchase of equipment, it is better to use faucets or join cloud mining participants.
Another piece of advice from experienced entrepreneurs: keep your earned DOGE preferably in a virtual wallet downloaded from the official website (dogecoin.com) and installed on your PC.
How to mine with a video card. Expert advice
In 2014, one of the thematic forums published a list of computer components of the latest sample, which was assembled specifically for Dogecoin mining. We advise beginners who have earned their first capital to take care of their own mining rig, consisting of four R9 290 video cards, as well as a power supply from any manufacturer (power - at least 1275 watts), any storage device (hard drive), motherboard (for example, Gigabyte GA-990FXA-UD7), 8 GB memory block, four PCI-E cables.
Special attention was paid to the need to purchase trains. Since video cards overheat during mining, it is not recommended to connect them directly to the motherboard, even if cryptocurrency mining takes place in the winter season in an unheated room.
But back to video card models. We do not consider the R9 290 to be the best option, but we can explain why we chose this particular model. The fact is that in the event of a collapse of the cryptocurrency market, when the computer will need to be urgently sold,the latest graphics card model will attract the attention of potential buyers faster.
Which graphics card is better?
As mentioned above, the R9 290 graphics card is not the best option for mining. Experienced miners chose this model, as mentioned above, for reinsurance. This model was also chosen because it is the most acceptable option in terms of matching the performance of the mining farm and the cost of costs.
During the discussion, it turned out that advanced users consider the R9 280 or 7970 model to be the best option for mining.
Which video cards are best for mining
According to the published information, video cards are the most suitable and profitable for mining:
- Sapphire Radeon RX 470. Specifically, this device, as far as one can judge from the advertising text, is ideal for completing a new sample mining farm.
- Radeon RX 570. This high-performance model is superior in many ways, but the main advantage is an improved cooling system.
GTX 1060 and GTX 1070. The latest model is recognized as the best mining graphics card of 2017
The manufacturer of all listed models is Nvidia. According to experts, the GTX 1060 and GTX 1070 are among the most productive and practical.
Now there is something left to figure out: how to mine dogecoin on an old computer?
Mining is now available to everyone?
There is good news for those who want to mine dogecoin on an Nvidia graphics card. If you believe the information published on the Web at the beginning of last year, this type of income is now available for owners of old equipment. Moreover, not all components will be involved as a “machine” that prints cryptocurrency, but only a video card. Experts say that if a card released by Nvidia is no more than 3-4 years old, it is suitable for mining.
If a miner is a beginner and is going to take his first steps on a personal computer, then he should make sure that a 64-bit version of Windows is installed on his PC.
However, only certain types of cryptocurrencies can be mined on such equipment. In particular, the coins ether and dogecoin are named.
How to mine dogecoin with Nvidia GPUs using CUDAminer
After the user downloads and installs the CUDAminer console mining program on his computer, and then goes through a simple registration procedure, he will only have to enter the received identification code in a specially designated column. After that, according to information published on the Web, the program starts mining Dogecoin itself.
It should be noted that information about this method of earning is alarming for three reasons:
- individual pools listed as mineable on oldcomputers are perceived by browsers as "fraud sites";
- discussion participants, commenting and supplementing the interactive instructions on how to mine Dogecoin, are limited only to providing their links for downloading programs and joyful messages about passively earned coins. Perhaps it will be easy for experienced miners to understand this informational "mess", however, such instruction is unlikely to help novice miners;
- some users join the discussion just for the sake of a short line like: "I tried, mined … it worked!"
Authors of reviews, reporting the incorrect work of the projects specified in the earnings instructions, immediately redirect users to their affiliate links - to new, "working" sites. We have answered the question of how to mine dogecoin (instructions are given in the article). The question of how much a miner earns is still open.
