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Posts Tagged ‘DOGE pool’

Multipool Experiencing Problems, an Alternative Pool to Mine Alt Cryptos

25, Jan 2014

coinex-mining-multipool-exchange

In the last 24 or even more hours Multipool has been having some serious problems, and that is causing problems for people mining for DOGE coins and other alternative scrypt cryptocurrencies as they do not know where else to mine them in a pool that automatically switches to the best and most profitable coin. But even if you are mining for DOGE coins directly, you might want to find a good alternative for mining instead of multipool. One such interesting place is CoinEX – a mining pool much like multipool that also has its own crypto exchange, so you can save the trouble of transferring the coins to a separate exchange like Cryptsy for example. Instead you can mine, trade the coins and withdraw them directly to your wallet all in one place.

So far Coinex is working quite well and though it is not as big as Multipool or Cryptsy it seems to be much more stable. So if you are looking for alternative mining pool to Multipool, then do check Coinex now and start mining DOGE or other alternative cryptos there… at least until multipool resolves their issues. Coinex, much like multipool, does have both SHA-256 and scrypt-based crypto mining options and you can either mine directly a coin you want or use the automatic switching option. Furthermore the Coinex mining pools offer more options for alt coins that what multipool currently have, so more chances for higher profitability not only from DOGE, LOTO or MOON, but other alternative coins as well. The pool fee is Pool fee 2% which is a little higher than Multipool’s 1.5%, but between 0.5% higher fee of something than 1.5% of nothing the choice should be easy.

Another interesting alternative is LTC Rabbit, an LTC and alternative scrypt crypto mining pool where the coins currently mined are also automatically selected by the pool based on profitability. The difference however is that you are being payed directly in Litecoins, it is as if you are mining for LTC and you earn LTC from that plus you also get additional alternative crypto coin bonus based on the current profitability of the alt coins mined such as DOGE for example an that bonus you get also in LTC directly in your account. This saves you all the trouble and waiting of having to transfer the mined alternative crypto coins to an exchange and then trade them for LTC and the profitability you get is not that much lower than if you are mining alternatives and then trading them on an exchange.

If You Are Not Mining DOGE Coin Now You Should

20, Jan 2014

doge-crypto-mining-profitability

DOGE coin is on the rise again, after being one of the best alternative scrypt-based crypto currencies to mine instead of LTC a few weeks ago. If you are currently mining LTC directly, then you should reconsider and start mining DOGE coin and after that selling the DOGE for LTC. This way you will make much better profit than directly mining for LTC coins, at the moment directly mining DOGE coins and selling for LTC you can double your profit. Simply said by mining DOGE coins you can end up with twice the profit than directly mining LTC coins at this moment and the profitability may go even higher than that. So if you have GPUs mining for LTC switch them to mine DOGE for now.

The other good thing about mining DOGE coins and trading them for LTC is that the LTC difficulty will not rise as much and in fact may even drop a bit, so it will be easier to mine Litecoins if and when DOGE is not that profitable anymore to mine. So definitely a win-win situation – you get about double profit and will make LTC easier to mine in the feature.

Where to mine DOGE coins?
– List of Dogecoin Mining Pools

Where to sell DOGE coins?
– Bleutrade
– Bter
– C-cex
– Atomic Trade

Dogecoin (DOGE) Scrypt based cryptocoin

18, Jan 2014

dogecoin-scrypt-crypto-coin

Dogecoin (DOGE) is an open source peer-to-peer MEME-based Scrypt PoW cryptocurrency, favored by Shiba Inus worldwide and centered on the image of the popular Japanese breed of dogs. The Dogecoin (DOGE) has already generated a lot of user attention being Scrypt-based as a mining algorithm and offering higher profitability than direct mining of Litecoin (LTC) that relies on the same algorithm, so many users are still mining DOGE and then trading it for LTC or BTC. Dogecoin (DOGE) is also often found in many multipools where the most profitable coin at the moment is being automatically mined in order to maximize the miner’s profit. DOGE is already becoming one of the most popular alternative crypto coins out there, so do not miss your chance to mine it now and make some extra profit.

Official Website:
– http://dogecoin.com/

Block Explorer / Crawler:
– http://dogechain.info/chain/Dogecoin

Specifications:

  • Algorithm: Scrypt
  • Max Coins: 100,000,000,000 DOGE
  • Block Time: 60 Seconds
  • Difficulty Retarget Time: 4 hours
  • Premine: None

Downloads:
– Online Wallet
– Windows
– Mac

Source Code:
– at GitHub

Ports:

  • RPC Port: 22555

DOGE Pools:
– List of Dogecoin Mining Pools

DOGE Exchanges:
– Bittrex
– Binance
– GATEio
– HitBTC
– Livecoin
– Stex
– Yobit
– CoinEgg
– Crex
– Graviex


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