Post
Topic
Board Altcoin Discussion
Re: Beginners Guide to CPU mining DogeCoins - Now with images!
by
cainy393
on 30/01/2014, 21:08:42 UTC
So I've not been around as much as I would have hoped recently and just wanted to clear a few things up having read through the recent posts. Recently I've not been at all happy with the service from cryptovalley and so I would recommend a different pool and I will be updating the thread accordingly. A lot of you are having connection issues due to using that pool and no other reason. Apologies, I did recommend this pool at the time as it was the best I had found but they have gone down hill since. Currently I use multipool.us - either for their profit switching mining pool or just for the dogecoin specific pool (their website lists different ports to use if you just want to stick to one currency rather than auto-switching) however they do charge a fair old rate on withdrawals and so you may want to look around yourself and be sure to check out the miners and withdrawal fees to make sure they aren't too bad.

Mining on your CPU for dog isn't anywhere near as profitable as it used to be, back when I wrote this tutorial my 50 KH/s that I got from my CPU was enough to get me a couple thousand a day but it certainly isn't anymore (bare in mind the price of doge was only like 30 satoshis at the time so it still wasn't great. However, that doesn't mean that those of you who are simply curious about the currency can't just give it a little go Smiley.

These days the only real way to effectively mine doge is with a fairly decent GPU (graphics card), for example my new GTX 760 which can mine at 250 KH/s but even that isn't exactly going to make you rich or anything. Plus, baring in mind the card set me back £200 it certainly isn't something to try and invest in.

I'll try put together a GPU mining tutorial for Doge in the next couple days if you have a GPU and are interested. It's a fairly similar process but is complicated by the variety of graphics cards around and the varying software required to utilize such cards. Anyhow, if I do write a tutorial for it I'll be sure to post here to update you all.