Are people going to turn to Dogecoin mining?

[WhiteHouse]

Well it's for the betterment of the Cryptocurrency, dogecoin If people nine it, it will boost its efficiency and development. And also if dogecoin Mining will be profitable and won't utilise as much energy as bitcoin mining then people will mine it.

 

[Mastercoded]

DOGE COIN IS THE FUTURE, YEA A LOT OF PEOPLE HAVE STARTED LOOKING THE WAY OF DOGE COIN SINCE BITCOIN IS TOO VOLATILE AND A LOT OF PEOPLE WHO BELIEVE IN THIS GET TO RICH SCHEME FALL FOR THIS. THOUGH I DO NOT WHAT THE FUTURE WILL BRING FOR DOGE COIN BUT LET ALL WAIT AND SEE, IF BIG PLAYER START TO INVEST IT IT.

 

[Marissa]

Well if it comes at no cost to you, you can have your cake and eat it if it comes easy, dogecoin in recent time has been on the front burner of crypto events but expecting its valuation to increase drastically one maybe disappointed at the end of the day.

 

[Mawome]

Am telling you, Doge coin is actually on the increase now, and people are busy buying the coin, I think some experts have actually seen in the future that the coin will actually rise, so that's why people are busy rushing the coin, I Even bought the coin some months ago because I know it will rise

 

[Heatman]

Mining is one of the eases ways that you can make and earn cryptocurrency and the main reason is that it requires little to no work on your part. In order to be able to mine effectively all you need to do is make an investment into the mining equipment that is needed and this will in turn be able to generate your cryptocurrency coins that you can then trade and earn through as well depending on the coin that you choose to mine.

As a coin lowers in its supply the ease with which it can be mined decreases. In other words, it gets harder and harder to mine that coin. Therefore, the rewards are lower for the time that you spend mining. However, this is not the case with dogecoin. With doge there is an unlimited supply and therefore there is no halving event and the ease with which it can be mined never changes.

With the increasing price of dogecoin, do you think that many people will turn to mining this coin? Should there be a limit of dogecoin supply?

I'm not sure if I would be going into investing in this cryptocurrency because I'm not sure if it would be good long term investment project. Currently, I have turned to BNB, CAKE & PNL. With the way these coins are appreciating, it looks like a promising investment project and I can only pray it keeps going well.

 

[Victor001]

No need to contemplate I am already mining dogecoin and I am targeting 100 doge at the end of the month, daily target 4 doge with two system, a desktop and a laptop. The only disadvantage is the lagging of my PC.

 

[Heatman]

Personally, if I can get the time and opportunity to mine Dogecoin, I will definitely be giving it a try because the coin is awesome now.

 

[BrolySSJ]

No need to contemplate I am already mining dogecoin and I am targeting 100 doge at the end of the month, daily target 4 doge with two system, a desktop and a laptop. The only disadvantage is the lagging of my PC.

Be careful with mining on your laptop and pc though because it can cause damage to your machine that may cost more to repair than what you are making. What laptop system are you using? And what software are you using to mine?

 

[Heatman]

No need to contemplate I am already mining dogecoin and I am targeting 100 doge at the end of the month, daily target 4 doge with two system, a desktop and a laptop. The only disadvantage is the lagging of my PC.

Wow, that's so awesome. If are able to mine up to 100 Dogecoin by the end of the month, it's a great accomplishment. How long have you been mining ⚒?

 

[Good-Person]

I really don't understand the hype around Doge coin, it is not even a great coin. I understand why it's increasing because of Elon Musk endorsement but that's just all about it. There are other coins on the block chain with better prospects that people ain't talking about. I just hope people won't get burnt from this when the time is right.

The fact that Elon Musk praises it alone makes it worthy enough. Dogecoin is not your regular altcoin. In fact, Dogecoin is one of the most famous and renowned crypto asset and many people (including big investors) have invested in this coin. Recently, the price of Dogecoin increased greatly and this shows that it might have a great future.

 

[joy101]

I believe some people have started mining in the coin because dogecoin the price is moving, and most people didn't expect that it will rise.

 

[Heatman]

Dogecoin is truly turning out to be a safe haven for most people who are looking to invest in cryptocurrency now. It's actually increased 100% of what it used to be now.

 

[MercySmith]

If there is any legit Dogecoin mining, I believe people will really turn towards it. The rate at which investors are entering Dogecoin market is favorable to it.

 

[Ehizzy1]

Dogecoin have a great future and i think the mining difficulty is less compared to bitcoin ,that us the reason many people are investing in the coin for now ,i hope the coin price moves very high

 

[Shigobad2020]

Mining is one of the eases ways that you can make and earn cryptocurrency and the main reason is that it requires little to no work on your part. In order to be able to mine effectively all you need to do is make an investment into the mining equipment that is needed and this will in turn be able to generate your cryptocurrency coins that you can then trade and earn through as well depending on the coin that you choose to mine.

As a coin lowers in its supply the ease with which it can be mined decreases. In other words, it gets harder and harder to mine that coin. Therefore, the rewards are lower for the time that you spend mining. However, this is not the case with dogecoin. With doge there is an unlimited supply and therefore there is no halving event and the ease with which it can be mined never changes.

With the increasing price of dogecoin, do you think that many people will turn to mining this coin? Should there be a limit of dogecoin supply?

People have been turning into dogecoin mining since the coin started increasing, elon musk endorsement in dogecoin has brought the coin into the light, and many people are now mining it.

 

[Ehizzy1]

People have been turning into dogecoin mining since the coin started increasing, elon musk endorsement in dogecoin has brought the coin into the light, and many people are now mining it.

Yeah true elon musk cintributed to the development of the coin and i hope he doesn't stop. But continue his promotion to improve the coin in so many ways i think

 

[Heatman]

Why not? With the way the crptocurrency Dogecoin has been rushing to jump off the cliff with becoming very expensive compared to what it used to be, people will keep buying.

 

[Grant]

I feel like they already are. In fact, I think Doge is making a huge comeback as of late. Yeah Bitcoin is up there and so are other currencies, but nothing else really comes close. Doge is going to get better, because other major cryptcurrencies are gaining popularity.

 

[Chibson]

Dogecoin is a pump-and-dump coin and I won't advise anyone to drop into it. even though it has made a lot of people money but it is one of the shitcoins around. I don't even have it because I am afraid it may dump at anytime.

 

[Heatman]

Dogecoin is truly a great cryptocurrency at the moment because of how it's growing in the world of cryptocurrencies. Some people never believe it would get to this level so early.