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.
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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.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?
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?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 ⚒?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.
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.
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.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?
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 thinkPeople 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.