Dogcoin online mining
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary.
generally, you can download the Dog Coin Wallet on the official website of dog coin. After downloading the Dog Coin Wallet, install it, and then set the display language to Chinese< br />
Download dogcoin mining software. For specific mining software, you can search "cudaminer-2014-02-09" on the Internet. Specific for different graphics cards, mining software is not the same. It is also divided into CPU mining and GPU mining. As I am currently using NVIDIA's graphics card, we use NVIDIA's graphics card as a test
after decompressing the mining software you downloaded, select different versions according to whether your computer is 64 bit or 32-bit, and then the mining software to the following directory: C: 92; Users\ Your user name & #92; AppData\ Roaming\ In the dogecoin folder, as shown in the following figure:
& 65532
select the mine pool. Here we recommend using the dogepool mine pool. Go to the address shown in the figure below, register your account, and then set up your miner< br />
after successful registration, log in to your account and create your miner. Click your user name in the upper right corner, and then select "my works" from the drop-down menu. At the bottom of the page, find "add a new worker" and enter the Miner you want to create and the password. As shown in the figure below:
& 65532< br />
after registering the miner, we start to configure the file and open C: &; Users\ Your user name & #92; AppData\ Roaming\ Dogecoin folder, and then create a new text document in it, add the following content: rpcuser = dogerppassword = wowaddnode = 162.243.113.110addnode = 146.185.181.114rpcport = 22555server = 1deamon = 1, and then save the file as dogecoin.conf
create a new text document, and then, Add the following: minewithamdgpu. Bat. / cgminer – scrypt - O stratum+ tcp://dogepool.pw :3333 -u USERNAME.WORKER -p PASSWORDMineWithNvidiaGPU.batcudaminer.exe -o stratum+ tcp://dogepool.pw :3333 -O USERNAME.WORKER:PASSWORDMineWithCPU.batminerd -a scrypt -t 4 -s 6 -o stratum+ tcp://dogepool.pw : 3333 - O user.worker: password User. Worker is the Miner you registered in step 5, and password is your password. Save the above text as miner.bat file
start mining. Double click to run the miner.bat file, and the running result is as shown in the figure below, which indicates that you have succeeded. Now enjoy your dog money mining.
recently, a new kind of virtual currency is about to appear, and this time, it has also played a celebrity card
Kanye West is a popular rapper in the United States, and the homophonic name of this new virtual coin is coinye West. Even the head portrait is Kanye West himself
according to the official notice, coinye coin will be launched at 11:00 p.m. EST on the 11th of this month. It uses the script algorithm, and can generate up to 666 data blocks, with a data block reward of 666666 every 90 seconds. The difficulty will increase every 12 hours. The official said that coinye coin will ensure safety and fairness
although coinye is one of many counterfeit coins, it's a new idea to add the star's head portrait. Maybe other popular stars can also launch their own virtual currencies to call on fans to "mine", such as "coin blessing sword" and "Wen yuanxia".
in fact, virtual coin players with a little common sense all know that dog coin has the following fatal defects:
1. First of all, the code of doggie coin is completely copied from Leyte coin. The wallet of doggie coin in the early days has LTC words; Secondly, the founder of dogcoin left the development team in April 2014 and announced twice to quit dogcoin community; Thirdly, up to now, dogcoin still does not have a stable development team. Most of the online volunteers who joined dogcoin development team in the early days have quit. After the founder of dogcoin announced to quit dogcoin community again in March 2015, the development work actually stagnated
2. Dog money has no support of calculation power, that is to say, it has no real value, and its price performance is purely the result of speculative market game. In September 2014, in view of the collapse of computing power, doggy coin abandoned the mining mode and implemented auxpow, that is, to give doggy coin to any mine pool supporting this mechanism. This means that dog money is no longer the object for miners to profit from mining by purchasing equipment. The reason why the mine pool chooses to support dog coin is to get free dog coin< 3. There is eternal inflation. Under the background that most virtual currencies choose a fixed total amount, dog coin is set to increase by 5.2 billion every year, which makes it face serious inflation pressure. Because the new dog coin is given to the mine pool for free (the gift mechanism may be cancelled at any time), the miners will not have any feelings for the dog coin, they will only sell all the new mines. Inflation setting is an innovation of the founder of dog coin, but it completely violates the pricing principle of virtual coin: that is, under the premise of fixed total amount, through periodic halving, let the computing power and price reach a balance, so as to form a reasonable pricing mechanism. Dog money does not abide by the principle of fixed amount, and now even the computing power has been given up, indicating that it is not a standard virtual money
4. Illegal use of the logo registered by ultra Pro company may be prohibited at any time. As we all know, the dog coin borrowed the well-known Chaigou's head picture from the Internet. The "foundation" established a year later claimed to be trying to rush to buy Chaigou's head picture. The effect was just to comfort the fans. At present, ultra Pro company tacitly allows dog coin to borrow its logo, but it may be withdrawn at any time
5. Chinese speculators have completely dominated dog currency trading, and the trading volume of domestic exchanges accounts for 90% - 95% of the global total. It can be said that dog coin has been fully accepted by the Chinese, and the degree of nationalization is far higher than bitcoin, reborn coin, bitstock, and even higher than Leyte coin. The terrible thing is that Chinese speculative market is seriously separated from foreign community culture. The Chinese controlled the trading volume and chips, but never went deep into the foreign community of dog coin. They not only did not participate in any development of dog coin, but also completely ignored the tip and charity culture of foreign dog coin. Chinese speculators regard foreign communities as "idiots" who constantly create favorable conditions. Foreign communities regard Chinese speculators as the cancer of price manipulation. This is the separation of the interests of speculators and currency experimenters, which is inexcusable and irreconcilable
6. At the price of 1%, the main value of 100 billion yuan is 100 million yuan, and the annual value of 5.2 billion yuan of new mines is 5.2 million yuan. In the off-season, the global daily trading volume of dog coin is only 100000-150000 yuan. In case of systemic risk and large-scale cash out of users, it is impossible to have enough funds to resist the current price. So, where did the money go? The answer is that most of the locked up funds have been taken away by miners, and there is no possibility that these funds will return to the dogcoin market. If you want to get rid of the powder, you can only make a false appearance and cheat the new people to add fresh blood.
dogcoin is a kind of cryptocurrency, similar to bitcoin, which is formed by some secret algorithms. At present, the price of dogcoin has risen sharply, and it has the trend of breaking through bitcoin
3. Can dog coin be obtained by mining
can dog money also be obtained by mining? The answer is yes, because dogcoin is also a kind of virtual currency, so it is also constructed through an algorithm. Therefore, dogcoin can be obtained through computing power. Compared with the fierce competition of bitcoin, dogcoin is much more convenient to obtain through mining. But because the price of dog coin is too low, mining to get dog coin can't even earn electricity, so mining dog coin is unprofitable
dogcoin is actually a kind of virtual currency just like bitcoin, but dogcoin is a kind of virtual currency of Shanzhai bitcoin, and its price is relatively low
3. Is virtual currency safe
so why do so many people choose virtual currency instead of real capital, such as gold? This is because different countries have different supervision systems on capital currency, and many countries and regions have basically zero supervision on capital currency, so some people take advantage of this kind of supervision to invest in virtual currency crazily and make profits from it. However, this era has passed. With the development of virtual currency, more and more countries pay more and more attention to the management of this kind of currency. At present, the Federal Reserve has tracked all bitcoin. I believe that the spring of virtual currency has gone away