DogeCoin

Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the “Doge” Internet meme as its logo. Introduced as a “joke currency” on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014; as of December 2017, it has a capitalization of US$308 million.

I’m sure you are aware of BitCoin now as it is all over the media and if like me you didn’t buy any when they were only a few pounds then it’s an expensive thing to get into, this is where cloud mining comes in and mining other Cryptocurrencies.

As you will have hopefully read previously you can actually mine DogeCoin by using any home computer and your web browser. What you will be doing is mining via a faucet and answering some CAPTCHA.

There are many faucets online but they do end up running dry. I have found some faucets that are still working and paying out DogeCoin. I use Coin payments for storing my DogeCoin after I have mined it and it’s gone to my Coinpot account. They deal with over 45 cryptocurrencies, you can sign up here

ChangellyAs you can see in the image below I’ve not been mining for long but I am starting to build up some coin in my CoinPot account which I will later send on to my Online wallet to become real Coin, you can send from Coinpot directly to your Coinpayments wallet.

There are minimal withdrawal limits so you will have to build up a sufficient amount of coin before you can withdraw it, however, CoinPot does allow you to convert the coins you have mined into whichever of the other coin you would like. A little secret – DogeCoin is easier to mine, so what I do is, mine DogeCoin and then convert it into BitCoin or Litecoin if I want those coins.

DogeCoin
DogeCoin

If you then wanted to trade in any other coins the easiest way is to transfer either your Bitcoin, Litecoin or Etherium to a trading platform such as Binance from your Coinbase wallet as these exchanges don’t allow you to upload USD or GBP directly. This then gives you the opportunity to trade in other up and coming currencies such as Ripple (XRP), Verge (XVG), TRON (TRX), Monero (XMR) along with many others. The four above are my picks for 2018 and are still reasonably priced to allow for profit. You can store your coins on Binance and it also has secure 2FA log in which is a must.

Binance

 

 

 

When mining the programme uses your computers CPU to mine the coin and you can choose how much stress you want to put on the computer and how many threads you want it to use. From Low usage to Very High Usage and so you earn more when it is set to high. I would suggest downloading some sort of CPU monitoring app just to keep an eye on it as you’ll soon hear the fan kick in when you’ve got it on very high!! I use CPUled on my Apple Mac.

DogeCoin
Mining DogeCoin

Now with anything online I would always suggest having some anti-virus software, I use Sophos on the mac, it’s great and also FREE. CoinPot does put a mining programme onto your web browser which most anti-virus programmes will pick up, I have looked into this with a bit of online reading and it is apparently harmless, but needed to mine the coin. Mine always pops up and I just leave it until I’m finished and then just run the anti-virus cleaner to get rid.

My anti-virus allows it to run so can’t be that bad, it just pops up with a warning.

 

With the DogeCoin faucet, you can also earn bonuses for referring people and coming back every day and you also get a mystery bonus each time you claim.

DogeCoin

Coinpot Earnings
Coinpot Earnings

 

 

 

I have just done another withdrawal which you can see having converted everything I was mining to Dogecoin, this has gone straight to my Coinpayments wallet.

 

Mining DogeCoin

You’re now ready to start mining DogeCoin, Click here…… GO

 

Coin Payments Exchange

 


I can not be held responsible for viruses, misuse of your computer or any problems that arise from the information I have given on this website or any websites that I link to. You are doing this at your own risk and should have good anti-virus software running, only invest what you can afford to invest as there is a good chance you may lose your money.