3/1/2018 0 Comments Dogecoin DOGE MinigDogecoin has only been in existence since December 2013, but it’s already effectively the 3rd most popular so-called cryptocurrency after Bitcoin and Litecoin (in terms of volume of transactions). While Internet memes typically have a limited lifespan, there are also some technical reasons to believe that in the long term. Not least of these is the fact that Dogecoin will keep adding new coins each year at a steady rate, unlike Bitcoin where there is a limited supply. Also, there are many more Dogecoins in circulation right now. While this means that each coin has a very small value, it also makes it psychologically much easier to use, since it’s more satisfying and understandable to buy something for a few hundred Dogecoins, instead of perhaps a fraction of a single Bitcoin (even considering smaller Bitcoin denominations such as mBTC). (See also Tuxedage’s post – ) What you’ll need to start mining Ideally – cheap electricity and a bunch of graphics cards. However, you can start mining Dogecoins even using a single PC.
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