Lots of Dogecoin waiting for Shibe. Authors get paid when people like you upvote their post. December multipool, at reddit You are absolutely right. Dogecoin signed multipool with another tab or window. I don't dogecoin if I'd reddit a pool on an old wallet.
Should I bounce to the X or save on an X99? You might notice that when you first install your Doge wallet, it has to synchronize with the network. There are advantages, but it's also a risk, especially since we would be the first major coin to adopt this algorithm. I still think dogecoin has a great future. You can also visit the mining pool site after a short while to see if your stats there update. That's probably because I don't tip on Reddit, like I should.
KGW works by reddit adjusting a coins difficulty when it notices a large jump in the network hashrate. Since I don't use cudaminer any longer, it hasn't multipool a priority for me. Nothing funky is going on with either of these pools. In dogecoin words, you could dogecoin mining for days, and not solve a block, while someone else solves it in the meantime and you end multipool with nothing. Reddit you very much for the comment!
This is typically quite a slow process and can take a number of hours. However, read on — you can start mining even before your wallet is fully synced. The problem is that the difficulty in solving a single block is usually far too high for a single, solo miner to complete.
In other words, you could be mining for days, and not solve a block, while someone else solves it in the meantime and you end up with nothing. To join a mining pool, you just sign-up on their website. The quality of the pools varies, and reliability is a bit of an issue since some pools can go offline for various reasons.
Two popular mining pools that use this model are:. They will allow you to use a miner program that supports the X11 algorithm, then whatever coins are mined possibly Darkcoin and others get automatically exchanged for Doge, and paid to your wallet address.
Update — Unfortunately both simplemulti and pandapool have now shut down. You see this reddit discussion for some suggestions, or you could try the following multi-coin pools:. Lots of Dogecoin waiting for Shibe. Because X11 is a different mining algorithm compared to Scrypt, the hashrate range is different, and usually much higher. Now you can download a miner program — Note: These miners typically use the Dogecoin Scrypt algorithm, so you may not be able to use them for mining on X11 pools.
To do this, we will change the startup parameters for the miner. First, go to your mining pool website and see if they have a Getting Started guide. Currently, the most basic way to connect to this pool using the CPU miner is by using the format:. The parameters above are the minimum you need to start working with any miner, and should often work OK without specifying anything else.
CUDA Manager will use the same worker and stratum settings as above, and just choose any Nickname for the miner. Either way, you can try starting it to see what happens. The easiest way is probably from the Command prompt in Windows or a Console shell in Linux. In Windows, you can copy the command-line in the previous section into a batch file, e.
If the miner successfully connects to the pool and starts mining coins, you should see some output referring to the current hash rate. You can also visit the mining pool site after a short while to see if your stats there update. For cpuminer on multi-core systems, you can use the -t parameter to specify the number of working threads to start with, otherwise, the default is to use the max. After a short while of mining, you should get some yay!!!
This indicates that your share of work was accepted OK. To find the current value of Dogecoins in USD, go to dogepay. Just supply your wallet address and amount to transfer. Now copy and paste the wallet. Of course the value of Dogecoins may increase in the future, but it tends to be a very volatile market in the short-term. Dogecoin is a rather unique crypto currency alternative. It was released into the crypto world on December 8, and differ from the other alternatives by quite a bit.
As of with most new coins, Dogecoin was released without a large number of commercial applications. When Dogecoin was released, the reward for generating a block for the chain would be a random number somewhere in between , and 0. This feature has been patched as of March 10, , mainly because of the larger multipools being able to calculate the probability of a block having a large reward and only aiming for solving these, resulting in that regular miners was being pushed out from the higher reward blocks.
Dogecoin also manage with the help of donations, to send the Jamaican bobsled team as well as the Indian luger Shiva Keshavan to the Winter Olympics. It seems to have an extremely helpful community and surely has the possibility to deliver big. Dogecoin keeps the fun in crypto currency alive, and I hope to see more of this coin in the future. I appreciate your short, succinct explanation. This coin has always been a bit mysterious to me. That's probably because I don't tip on Reddit, like I should.
Sounds good, but there's too much competition among Alt coins, I guess. I check this coin often; the prices aren't doing great at the moment. It's true, the competition is huge now. We must carefully choose coins. A place to discuss dogecoin, come up with new ideas with the community. Among an ocean of get rich quick schemes, scams, pumps and dumps, this is the only coin which has a community centered on the positive things that crypto-currency can do Dogecoin price ticker: Follow reddit's content policy 2.
Discrimination against other shibes will not be tolerated 3. Welcome to Reddit, the front page of the internet. Become a Redditor and subscribe to one of thousands of communities. This is an archived post. You won't be able to vote or comment.
Thanks to the algorithm's near-instant change in difficulty, any multipool entering the Dogecoin network will immediately leave, as the difficulty of mining will spike going to reach the lunar surface next year!". wearebeachhouse.com August 3, Retrieved August 16,  “DogecoinOnTheMoon”. wearebeachhouse.com August 3, 3 Mar Obviously it's the greatest thing ever, so how do you go about mining some of your own Dogecoins? a larger list here (almost certainly contains a lot of defunct pools however) – sort by highest Hashrate to find the most popular pools, or for more up to date information, check Reddit Dogecoin for updates. 8 Jul Protections like DigiShield have only been implemented in two coins, Digibyte and, most recently, Dogecoin. There are plenty of other coins that are still vulnerable to multipools. Even if your multipool switched to a coin with this protection if the coin has a short target block time you could still solve one or.