As DOGE consolidates around $0.40, technicals predict a bigger breakout in price, followed by a wave of buying. The rise in XRP has also helped DOGE, with its price expected to rise to $1.
The supply of DOGE is growing every day, with 10,000 new coins being created every two minutes. Miners are among the largest holders of DOGE due to merged mining with LTC.
This article details what Dogecoin cloud mining is and how you can make $10,800 a day with DDB Miner and more
What is Dogecoin cloud mining?
Dogecoin cloud mining is the process by which cloud mining service providers are rewarded with new Dogecoins by viewing transactions on the Dogecoin blockchain. It may seem simple, but it is not easy to do!
Cloud mining involves multiple computers processing the same batch of transactions at the same time, but only one computer can be rewarded with new coins. The computer that gets the new coins is the node that adds the old transaction block to the new block. This is done through a complex mathematical equation.
The node that solves the math problem first wins! It can then append the newly confirmed block of transactions to the rest of the blockchain.
Most cryptocurrency mining is done this way. However, Dogecoin mining differs from other currencies in a few important ways. These aspects include:
⦁ Algorithms: Each cryptocurrency has a set of rules for mining new coins. These rules are called mining algorithms or hashing algorithms.
Block time: This is the average length of time it takes to check a new block of transactions and add it to the blockchain.
⦁ Difficulty: This number represents how difficult it is to mine each new block of the currency. Mining difficulty can go up or down, depending on how many miners there are. The currency protocol also adjusts the difficulty to ensure that the block time remains constant.
⦁ Reward: This is the amount of new currency awarded to the miner for each new block.
How to Start Dogecoin Cloud Mining with DDB Miner
Choose a crypto cloud mining service provider. In rare cases, DDB Miner’s team of professional analysts and IT team will analyze the hash rate generated by the miner’s operation and replace the latest miner. Ensure that users get higher returns in cloud mining. If you are worried about missing out on investment opportunities, now is the best time to join cloud mining before it is too late. The new contract is as follows:
⦁ [Experience contract]: Investment amount: $100, total net profit: $100 + $6.
⦁ [LTC-Basic computing power]: Investment amount: $500, total net profit: $500 + $31.5.
⦁ [BTC- classic computing power]: Investment amount: $1,000, total net profit: $1,000 + $131.
⦁ [BTC-Advanced computing capabilities]: Investment amount: $5,100, total net profit: $5,100 + $2310.3.
⦁ [BTC-Advanced computing capabilities]: Investment amount: $8,100, total net profit: $8,100 + $5054.4.
⦁【new mining equipment】: Investment amount: $43,000, total net profit: $43,000 + $31,927.5.
(For more new contracts, please follow the official website of DDB Miner platform: ddbminer.com)
Advantages of DDB Miner cloud mining:
1: Register now to get a $12 reward (can be used for daily check-in to get $0.5).
2: Crypto cloud mining reduces your financial burden of purchasing and maintaining expensive equipment. Compared with pure mining, cloud mining providers can break even and start making profits in a shorter time.
3: DDB Miner cloud mining provides multiple cryptocurrency payments. For example: BTC, LTC, ETH, DOGE, BCH, SOL, XRP, BNB, USDC and USDT, etc.
4: Intuitive interface designed for beginners and experienced miners.
5: The affiliate program allows users to receive up to 3% + 1.5% referral rewards and up to $20,000 in bonuses per month.
As a newbie, I recommend joining a Dogecoin mining pool. This way you don’t have to wait long to mine the first block of a new currency. You’ll also feel like part of a community, which is what Dogecoin is all about!
For more details, please visit the official website of the platform: https://ddbminer.com
Company email: info@ddbminer.com