Dogecoin uses Scrypt algorithm, which makes it different from Bitcoin and the ASIC miners used for mining Litecoin can be used for mining Dogecoin 2020. Nowadays, mostly Dogecoin mining can be considered as a by-product of Litecoin mining. So, you can merge mine both LTC and DOGE, without compromising on the hash rate. Before joining any Dogecoin mining pool, you must know how the pool calculates the reward for its members, how secure the pool is and the hashing power of the pool. These details are necessary for you to decide on the best one. The pools which can mine a variety of coins can provide flexibility for the miners and can switch to the ones with higher profitability. Dogeminer provides with reliable and free dogecoin mining pool resources. (free dogecoin mining sites).
The top 5 best Dogecoin mining pools are:
Aikapool is basically the first Dogecoin mining pool with 100 active members and it even offers 14 other scrypt coins. Dogecoin even brings you 10 other algorithms which you can mine on Aikapool if you wish to change to other scrypt algorithms. After you are done registering on Aikapool, you will get the available currencies. Dogecoin Pool no registration keeps some of the options closed. You can get constant updates on a daily basis to the list of available experience. The miners get rewarded on by PROP system and there ain’t risk to the pool operator.
Litecoinpool is also one of the best Dogecoin mining pools, who prefer meted mining, with a very transparent reward system, i.e, Pay per share (PPS). Litecoinpool has high scalability and security, which has attracted an adequate amount of miners and even claims to be the first Litecoin pool protecting its miners with TLS-encrypted stratum connection.
1CoinPool even operates two mining pools- Litecoin and Dogecoin, and is highly secured for the beginners to start mining. As per sources, 1CoinPool mines 3 blocks per week and uses the proportional payout system, which states that the miners are rewarded proportionally as per the hashing power. The best part is that the coins get automatically added to the wallet.
Multipool, as the name suggests, offers to mine for a variety of cryptocurrencies apart from Dogecoin like Litecoin and Verge, where the payout is made in DOGE. The miner doesn’t have to pay any withdrawal fee when the minimum threshold is met. The advantage of using Multipool Dogecoin port is that it is apt for merged mining, where you can simultaneously mine Dogecoin and Litecoin, without losing on hashpower. Multipool allows you to mine more than 29 cryptocurrencies, with different algorithms, keeping the supporting cast amazing.
Prohashing was founded in 2013, and is one of the best Dogecoin mining pools 2020, offering to mine multiple digital currencies. The unique part is that the Prohashing miners can choose the coin they want to be rewarded in, the coin of their choice, provided that is available in their list of payout coins. The Prohashing mining pool is transparent, stable and easy to use.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!
2020-01-08 17:14:06.802903 | 2 min