Best Dogecoin Mining Rigs and How to Mine DOGE

Mining is a significant operation in many Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Mining is solving complex mathematical equations to verify transactions on the blockchain and add new transactions. The concept of Dogecoin originally began as a joke on Twitter, from where it advanced to a website, and in 2013, the cryptocurrency was released. 

3 Types of Dogecoin Mining

The mining of Dogecoin is a little different from other Cryptocurrencies. It uses Scrypt hashing algorithms, the same technique that Litecoin has enabled merged mining between both coins. Mining Dogecoin has three different approaches:

• Solo Mining – You provide the required hashing power and are the only one benefiting from the mining operation. However, this method is only suitable if you can carry out large operations. Doing it on a small scale is possible but will typically lead to more losses than profits.
• Pool mining – This is a suitable method for miners who are new to the process and want their Dogecoin mining to be profitable.
• Cloud mining – Dogecoin cloud mining entails mining dogecoin using rented hardware and software at data centers without installation costs. 

Best Dogecoin Mining Rigs

Bitmain Antminer L7 

This one mining rig has a hash rate of 9.500 MH/s and can mine as many as 34 coins using the Scrypt algorithm. It draws about 3,450 Watts of energy and can be purchased from Amazon, AsicMarket place, BT-Miners, or AKMiner. 

Goldshell Mini Doge 185mh Asic Miner

The maximum hashrate of this rig is 185Mh/s with a power consumption of 233W. This is an entry-level miner.

Hyperbit BW L21 Scrypt Miner 

This Miner draws up an average power of 950 Watts and has a hash rate of 550 Mh/s. It sells for $2,500  and can also be used to mine other scrypt coins. It is simple to use and is suitable for beginners. 

Bitmain Antminer L3+ 

This mining rig is a good option for anyone new to dogecoin mining. The new model costs around  $1700, making it a good choice for beginners. It draws an average power of 1000 watts and can mine up to 30 other cryptocurrencies. 

You could also purchase a  fairly used L3++for a lower price, but you have to be wary as most of these come at a lower quality and are less likely to function well. 

Innosilicon A6+ LTC Master

Innosilicon has a maximum hash rate of 2.2 Gh/s and draws an average power of 2100 Watts. However, it is pretty noisy. 

FutureBit Apollo LTC Pod

This mining rig is capable of 120 MH per second and costs around $500 on Amazon. Although this is higher than the L3+++, it has a lesser average power draw (200 watts) 

Moonlander 2

The Moonlander is the cheapest option and is very easy to use. This hardware can only move at a rate of 5 MH/s, but it costs just above 60 dollars. It is perfect if you plan to try Dogemining for the first time before getting a more sophisticated mining rig. 

How to Mine Dogecoin – Step by Step

• Purchase mining hardware – If your CPU/GPU is suitable for mining, you do not have to bother purchasing hardware. If it is not, you have to purchase ASIC miners designed for scrypt algorithms. 
• Install mining software/update drivers – Install or download the respective software required to run the ASIC, GPU/CPU miners effectively. If necessary, update your GPU driver. 
• Join a mining pool – You create an account and join a Dogecoin mining pool that fits your requirements. 
• Connect your devices to the pool – After creating your account, you need to connect your devices to your chosen dogecoin mining pool as one of the servers. 
• Create a Dogecoin wallet – You can create an official Dogecoin wallet or set up a personal wallet that accepts Dogecoin deposits. Your personal wallet is necessary to receive the proceeds from block rewards. 
• Begin mining – Most mining pools set up a dashboard for members where you can view your hash rate, payout, and revenue. After mining some Dogecoins and receiving rewards, you can deposit them in your personal account linked to your mining pool account. 

Top Dogecoin Mining Software

• Awesome Miner – This is an ASIC miner that enables you to configure any mining pool for Doge ASIC mining. It works with Windows and Linux operating systems.
• CGMiner – This software works as a multi-pool and multithreaded ASIC,  GPU, and CPU miner for Dogecoin, Bitcoin, Litecoin, and many other digital currencies. However, it only supports ASIC mining and uses a command line interface that allows you to configure various pools for Dogecoin mining. It also works with many operating systems. 
• Multi Miner – This is one of the most-used software by ASIC miners. Its user interface works well on Linux, OS, X, and Windows. It enables users to switch between mining Bitcoin, Dogecoin, and Litecoin. 

The Bottom Line

Doge is one of the most popular cryptocurrencies today. Although it has significantly lesser value than major digital currencies like Bitcoin and Ethereum, mining doge is a profitable venture that can serve as a good source of passive income. The rate at which you make a profit is dependent on your mining rig and software’s efficiency. That is why it is essential to pick the best Dogecoin mining rigs and conduct sufficient research before starting.

Frequently Asked Questions