Hey, I’ve been interested in cryptocurrency lately and was curious if I could mine Dogecoin. Keep reading and I’ll share the easiest way possible to get Dogecoin for FREE. I’ll also share how you can do it with just a gaming pc.
The first thing is you need to have the right equipment and here is what you need.
- An open mind.
- A gaming PC
- Internet connection
First, you want to install Awesome Miner. This is a free program that mines Dogecoin (It mines Etherium, but you convert it to Dogecoin – but it’s easy). You can download awesome miner by clicking on the link HERE.
Next, you want to go to “new miner.” Then click NEXT, and click on managed profit miner.
In the description, you can call it whatever you want.
In the profit profile box, you want to click on whatever graphics card you have. I have an Nvidia so that is what I clicked on.
Next, go to options and click on online services. Go all the way down until you see Zergpool. Click on the top one Aliom, then click on the last Zergpool and shift left click to highlight all the Zergpool.
Now, click on bulk edit. Press update on password and make it “c=DOGE.” Make sure you have DOGE all capitalized so that it works.
Press ok and go to profile switching. The button profile switching is at the bottom of the blue bar when you have the miner’s tab open.
Then click on edit profit profile, which is right under the button summary.
You want to make sure everything is selected.
After you are done with that you want to go back up to options and click on profit switching. Then click on profile and this is where you put your wallet address in (where you want to get paid).
If you don’t have a wallet, the easiest one to get is Exodus, which is free. Exodus does take Dogecoin, and it’s very easy to set up. You can get Exodus by clicking on the link HERE.
Once you’re in Exodus, just click on the receive button then on the next page just and copy the wallet address that you see. You then want to paste the wallet address into Awesome Miner.
The last step for you to take is to start your miner. All you do is right-click on your miner and click the start button. The miner will continue to work for you just like a good employee.
All you have to do is keep your pc running and your earning Dogecoin. How much Dogecoin you will earn depends on your graphics card.
Just remember that the mining pool only pays out when you mine over 400 dogecoins or over 80 on Sundays.
Lastly, I do want to give credit to DecisiveTV because I got a lot of information from him. 1 thing that is very obvious that I didn’t understand is you have to activate the mining pool. Duh right?
You can go to Zergpool by clicking on the link HERE. Make sure your graphics card drivers are up to date and click on the button to activate it.
You can view the button below to activate it.
I hope this short walkthrough was helpful to you. If you have any questions the best way to reach me is by clicking on the contact me button at the bottom of my website.
How to Sell Your DogeCoin?
You can either sell your dogecoin for cash or keep it. I prefer to keep it since I’m an optimist about the price. The best way to sell dogecoin is to transfer it to an exchange.
The bad news about Dogecoin is that it’s not getting a lot of love from exchanges. In the future maybe that will change.
One exchange where you can buy and sell Dogecoin for cash is Binance. You can click on this link HERE and sign up for a Binance account.
Next, get your Binance wallet address then go to your Dogecoin in Exodus. Click on the send button and paste your wallet address into the address bar. You also can include how many dogecoins you want to send.
Once the Dogecoin goes to the exchange you can sell it for cash.
Why Mine DogeCoin?
The main reason to mine dogecoin is that it’s easy, fun, and takes no effort. All you have to do is keep the program running in the background and you will get dogecoins.
This means there is a very low risk and a high reward. You’re not spending money (except for some electricity) and you’re not even spending time.
To me, this is a NO brainer. Sure, Dogecoin could go to 0 or it could go to $1 a coin or higher.
You might be wondering if it’s ok to leave your computer on all day and night to mine Dogecoin.
Most people agree that turning your computer on and off causes more strain on the equipment. Leaving it on is probably better, but it’s debatable.
One thing you can do is clean your computer by blowing air into the vents to make sure there is no dust, which isn’t good for your computer.
Dogecoin is a meme coin that started as a joke. After Elon Musk tweeted that Dogecoin possibly being the future currency of the world, this drove up the price of the coin.
Billionaire personality Mark Cuban also tweeted “If I had to choose between buying a lottery ticket and dogecoin, I would buy dogecoin.”
Dogecoin does have a strong community and it started with charity, tipping, and not getting wealthy. The biggest appeal to Dogecoin is that it doesn’t take itself too seriously. It started as a joke.
If you have ever seen “Game of Thrones” you know who ultimately won in the end. The person who you never thought was going to sit on the throne did right?
Also, just think about how Bitcoin started as a joke. Bitcoin started at 6 cents and now the price is “insanely” high.
Plus it’s fun to get free coins and if the price goes higher that is even “more” fun if you own any.
Also, the limit to how many Dogecoins will be available is 127 billion.
Imagine investing in Bitcoin in the early stages and even mining it? Yea, your life would be different. It could happen with Dogecoin and here is your chance.
Like my favorite saying.
What does Dogecoin Do?
Dogecoin combines the best of 2 worlds. Do you know what those 2 things are?
Yes, dogs rule and I know because I sold a dog-related domain name for a high price. People love pets, especially with covid-19.
Also, memes rule. I know this because memes influenced TONS of people to buy Gamestop on Reddit.
Plus, some of those memes were funny.
Click on the link Here to view some of the funniest memes from Wall Street Bets.
Dogecoin was created from a fork from Litecoin. Litecoin was created from a fork of Bitcoin. New blocks were created faster than in Litecoin.
1 minute for a new block compared to 2.5 minutes for Litecoin. This means it’s easier and faster to mine.
The main difference between Dogecoin and other coins is the branding and mascot. The power of the dog.
This may sound silly, but girls usually drive the culture and well “many” girls love dogs. Who knows, dogecoin can go to as high as the demand and supply will drive it.
Overall thoughts on Cryptocurrency
Some people love cryptocurrency and some HATE it. Warren Buffet and Charlie Munger think it’s rat poison.
The truth is the U.S. Is printing TONS of money. 22% of all U.S. Dollars was printed in 2020. You can learn more about it from the link HERE.
More money will be printed in the future and this means “inflation.” Inflation means your dollars are worth less because there is more of it out there.
This why you see the stock market, real estate, gold, and cryptocurrency going up. You have to do something just to keep up with inflation and Cryptocurrency is one idea.
When it comes to cryptocurrency by thought is.
Cryptocurrency is a cultural battle between old money and new money. The old and the young. Sometimes it’s good to learn from people younger than you.
I hope this post on how to mine Dogecoin was helpful, have a nice day.