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Title: DogeCoin mining profitablity Post by: MoonCoin Revolution on February 08, 2021, 08:27:12 AM Hello Forum world, I am new to mining. With the current price of doge coin going to the moon, Is doge coin mining going to become more profitable, or are you better off mining etherium and buying doge coin with your earnings via swap or exchange?
I am getting mixed results with current mining profitablity charts for mining doge coin and wondering if any one has had success with it and if they have also seen the recent spike in profitablity? https://youtu.be/pOwIYikCawk 330 watts at 100mhs, using this block difficulty (4,918,867.83) creates a very un realistic number for me here.. What am i not seeing? https://miningpools.com/dogecoin/ Title: Re: DogeCoin mining profitablity Post by: Winscosinally on February 08, 2021, 09:15:56 AM Mine ETH because it's the most profitable coin anyone can mine right now, both asic miners and GPUs but if Dogecoin is what you really want you should invest money on the project or buy an asic miner that can mine Dogecoin, like I've said Ethereum remains the most profitable
Title: Re: DogeCoin mining profitablity Post by: melpheos on February 08, 2021, 09:49:41 AM Hello Forum world, I am new to mining. With the current price of doge coin going to the moon, Is doge coin mining going to become more profitable, or are you better off mining etherium and buying doge coin with your earnings via swap or exchange? Even with the current price, I still see negative numbers in profitability I am getting mixed results with current mining profitablity charts for mining doge coin and wondering if any one has had success with it and if they have also seen the recent spike in profitablity? https://youtu.be/pOwIYikCawk 330 watts at 100mhs, using this block difficulty (4,918,867.83) creates a very un realistic number for me here.. What am i not seeing? https://miningpools.com/dogecoin/ Title: Re: DogeCoin mining profitablity Post by: VictorGT on February 08, 2021, 08:47:21 PM Nobody mines DOGE only. DOGE uses merge-mining from any POW scrypt algo miner/coin.
This is done by your pool. At litecoinpool.org we mine LTC, but also DOGE. Forget mining only DOGE ;) Title: Re: DogeCoin mining profitablity Post by: philipma1957 on February 08, 2021, 09:16:11 PM you find yourself some l3+ units.
you point them to ltc.viabtc.com 2 l3+ unfits will burn 1600 watts or around 40kwatts a day about 1gh of hash power they will earn both ltc and doge. in 50 days or so you will have 2000 doge coins and about 1 ltc the value is about 2000 x 0.075 = 150 1 x 150 = 150 total 300 usd 50 x 40 = 2000 kwatts 15 cent power cost is 300 usd you broke even 10 cent power cost is 200 usd you are up about 100 dollars 5 cent power cost is 100 usd you are up about 200 dollars I did not figure in your gear cost. and I am ball parking numbers for you |