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[AudraMiller]

The difficulty of mining a coin is dependent on its supply and the halving event. Dogecoin has a much larger supply than bitcoin and there is no halving event so there is no change in the difficulty to mine the coin. This would mean that to mine a dogecoin now would still be the same as mining it before the price increased. Do you then believe that mining a dogecoin would be more profitable than bitcoin? What are your thoughts on this?

 

[fadiation111]

From looking the news about dogecoin will raise up or it will shoot the moon I think dogecoin mining right now is more profitable than bitcoin mining. But nobody knows there are only predictions.

 

[Tomitomato]

Dogecoin has a much larger supply than Bitcoin and it has more rewards when mining. I think Dogecoin will be more profitable than Bitcoin if more people buy the coin.

 

[Wisdom01]

Bitcoin mining seems to be more profitable , because the transaction fee of Bitcoin is high compared to dogecoin and miners usually gain from high amount of fees, even if dogecoin is not hard to mine

 

[BullyMaguire]

Perhaps yes.. i think Bitcoin is more difficult to mine than dogecoin ofcourse doesn't mean dogecoin is easy. Let's take a look at how much they can grow.. we can expect Bitcoin to go atleast 2x but doge can go 3x

 

[Kubiat-Abasi]

The difficulty of mining a coin is dependent on its supply and the halving event. Dogecoin has a much larger supply than bitcoin and there is no halving event so there is no change in the difficulty to mine the coin. This would mean that to mine a dogecoin now would still be the same as mining it before the price increased. Do you then believe that mining a dogecoin would be more profitable than bitcoin? What are your thoughts on this?

I don't think Dogecoin has any mining leverage at the moment, because most of them are always illegitimate. However, I'm not quite versatile or grounded with mining although I could suggest where I'm presently mining. It has no value yet because it hasn't been launched. You can actually start mining on Satoshi BTCs because that's where I'm currently mining since last month. You'd accumulate free BTC for a duration of 7days and it would automatically stop on the seventh day, which you need to get referrals to accumulate more BTC and BTCs alike.

 

[AudraMiller]

I don't think Dogecoin has any mining leverage at the moment, because most of them are always illegitimate. However, I'm not quite versatile or grounded with mining although I could suggest where I'm presently mining. It has no value yet because it hasn't been launched. You can actually start mining on Satoshi BTCs because that's where I'm currently mining since last month. You'd accumulate free BTC for a duration of 7days and it would automatically stop on the seventh day, which you need to get referrals to accumulate more BTC and BTCs alike.

I think that you can mine bitcoin as much as you want if you have the right equipment in order to do so and that is something that a lot of people have gotten involved in and they have created a sort of minign rig and they rent out the equipment via cloud mining services.

 

[Wisdom01]

Perhaps yes.. i think Bitcoin is more difficult to mine than dogecoin ofcourse doesn't mean dogecoin is easy. Let's take a look at how much they can grow.. we can expect Bitcoin to go atleast 2x but doge can go 3x

Truly dogecoin tends to even grow more and could fetch investors drastic gains if they should invest in the coin at the right time and not the wrong time ,it's another opportunity for investors if only they could maximize the given opportunity to earn as they actually want,the conversion rate could be better for little capital

 

[AudraMiller]

Truly dogecoin tends to even grow more and could fetch investors drastic gains if they should invest in the coin at the right time and not the wrong time ,it's another opportunity for investors if only they could maximize the given opportunity to earn as they actually want,the conversion rate could be better for little capital

Dogecoin has seen a lot of growth in the market from teh time that it was created to what we are seeing now and even teh peak of the coin as well, however i think that at the end of the day the dogecoin is a dead cryptocurrency that we will see stunt its growth in the crypto market in the future.

 

[Wisdom01]

Dogecoin has seen a lot of growth in the market from teh time that it was created to what we are seeing now and even teh peak of the coin as well, however i think that at the end of the day the dogecoin is a dead cryptocurrency that we will see stunt its growth in the crypto market in the future.

Maybe in the future the coin would regain it's lost interest again , because for now it's a pump and dump ,even if it have a good capital conversion rate ,it still have its own disadvantage that's it ,as an investor we really need to watch out when investing in coins like this , investing at the proper time should be the criteria

 

[Ben Kempton]

Regardless of whether you choose Bitcoin or Dogecoin, I think mining any coin is difficult nowadays. It might be possible that some coins could be mined much easily as compared to others. However, I have read that it is much profitable to mine Vertcoin, as I discussed this in one of the other threads. Vertcoin had a low mining difficulty as compared to Bitcoin, and it proved to be much more profitable.

 

[AudraMiller]

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The problem with this is that a normal lapto does not have enough ower in order to make anything meaningful from any mining that you are fdoing and therefore it will not be something that is profitable for you. On top of that the problem is that it will damage you laptop cpu and therefore it will cost you more to repair it.

 

[AudraMiller]

i dont think or believe that mining a dogecoin would be more profitable than bitcoin. each of them has its own different value. dogecoin is different from bitcoin. also bitcoin is the price determinant for dogecoin. without bitcoin, no dogecoin.

Dogecoin has a lot of a lower value than bitcoin and the main reason for this apart fromteh amount of them in circulation is the fact that there is no real limit when it comes to supply of dogecoin and therefore it can continuously be mined and there is no such thing as a halving event with this cryptocurrency coin.

 

[Ben Kempton]

The difficulty of mining a coin is dependent on its supply and the halving event. Dogecoin has a much larger supply than bitcoin and there is no halving event so there is no change in the difficulty to mine the coin. This would mean that to mine a dogecoin now would still be the same as mining it before the price increased. Do you then believe that mining a dogecoin would be more profitable than bitcoin? What are your thoughts on this?

The fact of the matter is that then mining difficulty of Dogecoin is obviously much lower than Bitcoin. This is because of many different reasons. Bitcoin's mining difficulty is 31.36 T right now. On the other hand, Dogecoin's mining difficulty is 5.77 M and i think that there is a huge difference between the two. i suggest you to mine Vertcoins.

 

[Mia.1]

Considering Dogecoin's larger supply and absence of halving events, some might view mining it as an attractive option. However, it's essential to remember that mining profitability isn't solely determined by these factors like coin value, competition, and network security play a pivotal role in the overall equation.

 

[Wisdom01]

Dogecoin mining is actually profitable to some extent , some people that are mining the coin have been able to earn something worthy from it , it's like they see the benefits attached to mining and earning from the coin

 

[Medo24]

Mining is kind of difficult now compared to the last four years when the doge value was very low. People who mined doge years back made a huge profit from it. Musk has crashed the value of doge now.

 

[Wisdom01]

Mining is kind of difficult now compared to the last four years when the doge value was very low. People who mined doge years back made a huge profit from it. Musk has crashed the value of doge now.

The doge value is actually growing low , i think Elon musk should actually consider placing attention in it , he actually placed attention in it before ,but I guess the attention reduced some time ago then I think

 

[Medo24]

The doge value is growing low, I think Elon Musk should consider placing attention in it, he placed attention to it before, but I guess the attention reduced some time ago then I think

His influence on the coin has soared, if he tries to influence it now, people won't be motivated to invest in it unless he pumps in money big time and considers adopting it as a payment gateway for X or any of his businesses.

 

[Mia.1]

I think it depends on what you plan to do with either crypto.If you want to mine then bitcoin have higher reward and there is difficulty in mining it so its harder to mine the bitcoin block than the Dogecoin block.Both the Bitcoin and Dogecoin have their loyal community so its hard to choose the one out of these two. Bitcoin network is more secure than the Dogecoin network,but Dogecoin network has been seeing a rise.