A meme coin called baby doge worth this risk?

[MidNite36]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

[Kelvinid]

Then, have you even think what you can do this Baby Doge? Does it give you profit every day?
Don't say that it gives you profit because if that really happens, in that number, that was a huge amount of money. But guess what, it was just a number, I also receive millions of tokens for a certain project but never have the chance to sell them and make money from it. It is actually a waste of time mining shitcoins. You'd rather open your eyes and see the reality. I'm not accusing this project is a scam but my mind telling me to stay away from this project.

[yazher]

You can try it for yourself but you may as well consider reading their roadmaps and joining their social media group to see how really active they are and you decide if you will gonna continue what you're doing because if they aren't really that active, you only wasting your time here and maybe wasting some resources too because mining altcoins nowadays costs too much electricity. You really need to think twice because you may as well broke your computers because of the overheating and other causes.

[Johnyz]

Meme tokens are not the good option right now, the market is down and many meme tokens won't survive this bear.
Yes you can mine that token but it doesn't mean you should mine it, better to look for a more profitable coins/tokens where you can maximize your resources and waste no time. Any name related to DOGE is just a useless meme token, I don't see any good reason for me to try it.

[Beparanf]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

It’s better to invest your mining power on something that has determined value for a long time rather than on a mere meme coin that you don’t know if the price will still have value or worthless in the future. There are still some tokens that can be mine alternatively to ETH with good marketcap like RVN and ETC which is a great alternative for PoW mining. This token has been running for a long time that you can guarantee that your mining power consumption will always be paid properly by good profit.

[Rizzrack]

I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day

That means $0.7 per day. I would assume the used electric power is more expensive.
It's ATH was 4X today's price and may never revisit it unless "someone" tweets about it.

Bought $100 of a meme shitcoin last year Chihua Token. Now the bag is worth $1 and can't really say I'm surprised.

Will definitely be a learning experience but regarding profits I don't think so.

Would be better off to DCA some BTC but hey, you do you dude ! 

[posi]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

Why can't you mine other coins, a lot of people switched to mining ETC, RVN, ETHW... after the end of the merge. If you want to own babydoge token, you can spend some money to buy it for fun and wait for your luck. There is no point in mining shitcoins that have no usecase and can disappear at any moment. There will be a lot to lose to you if babydoge dies, with the unpredictable meme its death will never warn you to prepare. Meme is the riskiest coin on the market, it's not worth the investment let alone mine it.

[ethereumhunter]

Can you mine Shiba Inu with your hardware? If you can, maybe mining Shiba Inu can give you profit. I do not know how good Baby Doge but I prefer to mine Shiba Inu

Baby Doge is like the other meme tokens wanting to increase popularity in the meme tokens trends. And like the other meme tokens, that project wants to attract many investors to invest in their project.

Or you can try to mine RVN or ETC

Some friends said they moved to mine ETC when they could not mine ETH.

[bitcampaign]

i hate to see his wild promotions on twitter about getting listed on binance it's like a public lie many twitters do in the name of babydoge, i'm still wondering what's the draw of such a huge supply that it looks like garbage piled up in my opinion, if i were you maybe I will buy Dogecoin then pay in installments to put it in my bag instead of buying other meme tokens

[Outhue]

If meme coins are the only option left for a miner which I don't think so then Shiba inu is the best answer, I am sure that this project will live through the bad times of crypto space.

[tvplus006]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day

At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin.

[serjent05]

Not a believer of meme coin here but if you think that it is worth mining baby doge then go for it.  As far as I know, this meme coin is over a year old and had its ATH way back in January of 2022, and now is just around 10x of its original price.  Considering that it is a bear market, I can see potential growth when the bull market comes.

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day

At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin.

It is indeed too minimal but I think OP is thinking of possible hype in the future.  I a shitcoin world, anything can be multiples 100x to 1000x when a certain whale group decided to choose that shitcoin to pump.  A token in $0.000000001124 price can easily kill several zeros when a hype come by.  I don't like meme coins but that is how the meme market behavior I observed in years of watching the altcoin market.

[livingfree]

Whether it's a meme coin or not, is it worth for the consumption of your electricity and with the profit that you're making? If you're about to pay electricity, do you think that you can hold on to that token until you sell it for profit?

Miners nowadays are still looking for a coin where they're profitable. It's hard to look at it for the moment but I think after a couple of months, there will be a few discoveries where your hash power could really make a decent per day.

[Jackl87]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

Well if you don't have any other option to mine, then why should you not try to mine this coin? I am not sure though if Baby Doge is really a proof of Work coin because according to coinmarketcap it uses a proof of stake consensus mechanism. If a coin is mineable there should be a profitability calculator somewhere on the internet and there you can check if you make profit with that coin. If you already have the hardware and you make more profit from mining then the electricity will cost you, then i think you can do nothing wrong.
I don't think though, that BabyDoge has a future. It's a useless shit-coin after all.
I would probably just use Nicehash i think. That way you are always using the most profitable algorithm for your hardware.

[Viscore]

Then, have you even think what you can do this Baby Doge? Does it give you profit every day?
Don't say that it gives you profit because if that really happens, in that number, that was a huge amount of money. But guess what, it was just a number, I also receive millions of tokens for a certain project but never have the chance to sell them and make money from it. It is actually a waste of time mining shitcoins. You'd rather open your eyes and see the reality. I'm not accusing this project is a scam but my mind telling me to stay away from this project.

Do not let yourself a victim of another shitcoin that will only be hyped in the beginning and end up losing its value in the market. Just like dogecoin, a lot made profits in the start but eventually as the time goes, dogecoin loses its hype and so its value, and most likely those who made profits in the start are already experiencing losses by now. I suggest you avoid this project as much as possible and just learn to invest in other established altcoins instead.

[Jating]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

It's really up to you mate, I think you already know what are the risk of getting meme coins.

1. as a meme coin, Baby Doge, might and might not go to the moon in the next bull run
2. could be used by some for pure pump and dump scheme.

So who knows, it might be worth a try or it will literally go to 0, it's your choice as it's difficult to give a financial advise here.

[Russlenat]

Based on reviews about the said coin, the project isn't reliable and not worth our trust. It's just going with the hype of Dogecoin and taking advantage of it hoping that they can gain the same popularity that Doge has. Any coin being related to meme coins as for me isn't reliable and they're something that we should get rid of. We all know that not all meme coins especially the new ones could survive the current market situation that we have.

Meme coins will always be shitcoins in the end, and there have no changes from the start. Although there are some meme coins that made exceptional profits at the start, but obviously they fail to sustain it for long. The reason why investing or mining meme coins are not advisable as it could only result more into losses than yielding profits. If possible, always DYOR first before creating decisions. That way, you will never fall mining such meme coins with no bright future.

[Mahanton]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

As long it could give out make some profits then it wouldnt be bad to have those kind of considerations on mining them.Its your miner then it would be totally depending on your decision whether you would proceed out
or not.IF you do find it beneficial or profitable then why not? We are all here for profit which is a casual thing to have which it would be understandable that we would really be seeking on something which could
give out those kind of chances.Meme coins or mining them arent really that requiring too big hashpower.Its up to you if you could bare up with the risk with those
resources on just mining babydoge.

[Jaered]

I guess the mining software is a certain beauty named Unmineable, right? If it is, then you are good. By the way, Baby Doge had a certain pump earlier this year, hope you caught that particular pump. I don't usually hodl meme coins for obvious reasons. Maybe you can try it

[wheelz1200]

I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?

Mining coins versus buying coins is majorly different.  As far as .inning this coin just look at the profitability of it.  I guess it will be a little different if you want to hold it but for the most part miners sell off the coins they mine.  So if it's profitable and liquid yeah mine it, if not then don't.  It's pretty simple.