As cryptocurrencies have become more popular, they have become increasingly difficult to mine, even for altcoins smaller than Bitcoin or Ethereum.
Due to the increasing popularity of this mining pool, you can find a mining pool that mines almost every coin, including the ever-popular meme coin – Dogecoin.
If you are not very familiar with mining pools, it can be difficult to decide which one to use when mining Dogecoin, say less, because, in this article, we will discuss 9 of the best mining pools.
What is Dogecoin mining?
Dogecoin mining differs from Bitcoin as it uses the Scrypt algorithm. Litecoin is another cryptocurrency that uses the Scrypt algorithm. While this makes Dogecoin different from Bitcoin, it is also similar. It still uses Proof of Work as its consensus mechanism, meaning anyone looking to mine Dogecoin can but needs a computer.
Since Dogecoin is based on the Scrypt algorithm, the Scrypt ASIC miners used for Litecoin can also mine Dogecoin, but this is less common as it is often more profitable to mine Litecoin using expensive ASIC rigs. Most of today’s Dogecoin mining is just a by-product of Litecoin mining. Instead of mining Dogecoin directly, you can “merge” the mining, allowing you to mine Litecoin and Dogecoin without reducing the hash rate.
How to Mine Dogecoin (DOGE)?
To mine Dogecoin, you first need to get the wallet address where the coins will be sent. You should install a Doge wallet on your computer.
The dogecoin mining process calculates the hash of the header blocks using the resource capacities of the equipment itself. Accordingly, a computer or ASIC is engaged in the extraction of money. If the key is picked up first, the reward for solving the block will be transferred to the wallet.
There are three main ways to mine Dogecoin:
- Using a computer.
- Join a mining pool.
- Cloud capacity rental or cloud mining.
Unlike other cryptocurrencies, the process of solving dogecoin blocks and receiving rewards remained random. Only in 2014 did the situation change, and the miners began to receive a fixed amount of coins for their work.
9 Best Pool for Mining Doge
Aikapool is the first Dogecoin mining pool with 100 active members, and it even offers 14 other scrypt coins. Dogecoin even brings you 10 other algorithms, which you can mine on Aikapool if you wish to change to other scrypt algorithms. After you register on Aikapool, you will get the available currencies. Dogecoin Pool no registration keeps some of the options closed. You can get constant updates daily to the list of available experiences. Miners are rewarded on a PROP system (proportional) where there is no risk to the pool operator as the system pays only when a block is found.
Litecoinpool is also one of the best Dogecoin mining pools, which prefers meted mining with a transparent reward system, i.e., Pay per share (PPS). Litecoinpool has high scalability and security, which has attracted many miners and even claims to be the first Litecoin pool protecting its miners with TLS-encrypted stratum connection.
1CoinPool operates two mining pools- Litecoin and Dogecoin and is highly secured for beginners to start mining. As per sources, 1CoinPool mines 3 blocks per week and uses the proportional payout system, which states that the miners are rewarded proportionally as per the hashing power. The best part is that the coins get automatically added to the wallet.
Multipool, as the name suggests, offers to mine for a variety of cryptocurrencies apart from Dogecoin like Litecoin and Verge, where the payout is made in DOGE.
The miner doesn’t have to pay any withdrawal fee when the minimum threshold is met. The advantage of using the Multipool Dogecoin port is that it is apt for merged mining, where you can simultaneously mine Dogecoin and Litecoin without losing hashpower. Multipool allows you to mine more than 29 cryptocurrencies with different algorithms, keeping the supporting cast amazing.
Prohashing will not only allow you to mine Dogecoin, but it is one of the few mining pools that payout in Dogecoins. It will pay you in any coin you like, so you could mine Dogecoin and get paid in Bitcoin, or you could mine Monero and get paid in Dogecoin.
It works on a Pay Per Share system and pays directly to your wallet or bank account if you prefer. It also has an algorithm you can use, automatically switching your hashing power to the most profitable coin. The fee at Prohashing is a flat 4.99%, with no minimum payout and no withdrawal fee.
The GHash mining service has been operating since 2013. It has an adjacent exchange platform project with profitable rates. It is possible to produce Cloud Mining at ASICs. There is a wide range of coins besides DOGE: you can mine BTC, ETH, and LTC.
7. Genesis Mining
Genesis Mining offers the ability to mine Bitcoin, Litecoin, and Dogecoin. You can receive your earnings daily sent directly to your wallet. Additionally, there are no hidden fees to pay – you pay a fixed price for the hash rate you want to rent, and it is yours for one year. Furthermore, there is an option to be paid in Bitcoins (BTC). The platform automatically mines the most profitable coins for you and exchanges them for Bitcoin (BTC).
Hashlists offer such cloud mining services. They believe that everyone should have access to simple passive income through cryptocurrency. To ensure that this is feasible, it provides users with various plans. Contract mining options include LTC, ETH, BTC, FIL, and DOGE MINING, with prices ranging from $8 to $6,500.
More than 240,000 users use Hashlists. The secret of success lies in stable profit accrual, favourable terms of cooperation, and flawless work.
The name of this mining pool, “HashFaster“, is justified: you can start mining without creating an account. Choose your username and specify the wallet address, and you’re ready to start. The first payout will take up to six hours only.
The above doesn’t cover all the pools you can use for Dogecoin, but it does give you very good options. There is little or no fee for each, but payment systems vary, so you should see which one works best.
Regardless, the server coverage is global, so no matter where you live, you won’t be held back by your location. One of these mining pools will help you raise as much money as possible for your Dogecoin mining rig.