Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide.

What is Dogecoin?

Dogecoin is a decentralised cryptocurrency based on the doge meme. While it was initially launched as a joke, the idea of the coin caught on quickly, as the community loved the idea of a cryptocurrency coin that didn’t take itself too seriously. 

How to mine Dogecoin？

You can’t mine Dogecoin directly. To protect the network from 51 percent attacks, the developers decided to enable ‘merge mining’ which allowed the Dogecoin network to receive hashrate from other proof-of-work blockchains running on the same scrypt-algorithm. Merge mining allows miners to contribute computing power to two chains at once and thereby compete for both rewards, without having to split the provided hashrate among the two networks.

 If you want to earn Dogecoin by mining, you would need to mine a different coin and then the reward can be converted into Dogecoin.In the world of crypto mining, having more computing power gives the miner an edge. The more power you have, the more hashes you can solve and that increases your chances of being the first miner to solve the block and receive the reward.