Mining Doge Coins? -Is it worth it?-

Is mining Doge Coins Worth it?

Doge coins.

They are fairly new and they are not based of any other crypto currency like, LiteCoin or BitCoin.

So what can make DogeCoin so worth using not only for mining but for doing transactions in business?

Doge coin is a really easy coin to mine, but it takes many to make a lot.
In more relevant terms it means that you can get the coinage but, not at great value.

So what is the point of mining Doge, when it takes 1,000 DogeCoin to make 1 USD?

For starters we all know or should know by now that crypto currency, is a really great way of spending money.
As in, that crypto currency is backed up, by solving math problems aka Hash codes that Data-centers use to send data/information.

However we are still not getting to what makes DogeCoin so special?

DogeCoin is a rising Crypto Currency, because the two Primary currency's have plummeted since the January of 2014.

Back in Early January and Late December BitCoins where worth $874.873345 per coin.
Now they are worth $634.99823 and decreasing in value every day. Not to mention, it will
take forever to get at least 1 bitcoin, because the difficulty of finding one is so slim, its like walking on a rope about to snap!

So that's covered we know why we should mine DogeCoin but why now? Why not just wait till DogeCoin increases?

When DogeCoin value increases the difficulty will too! Making the value slowly increase and right when it hits the peak, it will plummet.

Not to mention that its so easy to get 1 bitcoin right now that ANYONE can do it! So, if you mine DogeCoin right now, will it bank in?

Like I said, If we go back to the top of the post I said that DogeCoin is a rising crypto currency that will soon also increase in value. So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge, and you already mined many DogeCoins, you will bank in rich!

IF YOU LIKED THIS READ PLZ POST A REPLY TELLING ME C: AND IF I GOT ANY INFO WRONG PLEASE CORRECT ME <3

Hi Delila. I just felt i had to point out some pretty obvious errors for anyone that knows anything about crypto currencies.
In the future please do some research at least before you make a thread to avoid you looking stupid :)

Red text with underline = False
Green text = My responses
I also removed the centering as i found it quite annoying.

Is mining Doge Coins Worth it?

Doge coins.

They are fairly new and they are not based of any other crypto currency like, LiteCoin or BitCoin.

Wrong they are based on the bitcoin code base and they use the scrypt algorithm that was originally made for litecoin.

So what can make DogeCoin so worth using not only for mining but for doing transactions in business?

Doge coin is a really easy coin to mine, but it takes many to make a lot.
In more relevant terms it means that you can get the coinage but, not at great value.

So what is the point of mining Doge, when it takes 1,000 DogeCoin to make 1 USD?

For starters we all know or should know by now that crypto currency, is a really great way of spending money.
As in, that crypto currency is backed up, by solving math problems aka Hash codes that Data-centers use to send data/information.

What are you even talking about???

However we are still not getting to what makes DogeCoin so special?

Maybe because there not special :O

DogeCoin is a rising Crypto Currency

Wow they are really rising :0
below is the current trading rate.



, because the two Primary currency's have plummeted since the January of 2014.

Back in Early January and Late December BitCoins where worth $874.873345 per coin.
Now they are worth $634.99823 and decreasing in value every day. Not to mention, it will
take forever to get at least 1 bitcoin, because the difficulty of finding one is so slim, its like walking on a rope about to snap!

So that's covered we know why we should mine DogeCoin but why now? Why not just wait till DogeCoin increases?

When DogeCoin value increases the difficulty will too! Making the value slowly increase and right when it hits the peak, it will plummet.

Not to mention that its so easy to get 1 bitcoin right now that ANYONE can do it! So, if you mine DogeCoin right now, will it bank in?

Like I said, If we go back to the top of the post I said that DogeCoin is a rising crypto currency [color=#ff0000][u][b]that will soon also increase in value.

You can't estimate this without a time machine

So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge,

Keep dreaming


and you already mined many DogeCoins, you will bank in rich!

IF YOU LIKED THIS READ PLZ POST A REPLY TELLING ME C: AND IF I GOT ANY INFO WRONG PLEASE CORRECT ME <3

I personally don't think that DOGE is even remotely worth mining.
It's not worth much.

I don't see Doge coins becoming as successful as BTC or LTC.
The value right now is extremely low, and I don't see it going to high.
Btw your statement "So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge" is never going to come true, mainly because that would mean that even though their insanely easy to get currently someone with 2,000 could cash in $10,000 which I don't see happening.

I personally don't think that DOGE is even remotely worth mining.
It's not worth much.

I don't see Doge coins becoming as successful as BTC or LTC.
The value right now is extremely low, and I don't see it going to high.
Btw your statement "So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge" is never going to come true, mainly because that would mean that even though their insanely easy to get currently someone with 2,000 could cash in $10,000 which I don't see happening.

I'm happy when everyone gets along :)

I personally don't think that DOGE is even remotely worth mining.
It's not worth much.

Thats very true, but thats for you to decide. Its all in marketing and stocks. Lets just say, I would like to have 1000 doge coins that I mined for free, laying around just incase they Pop up in price ^.^ And thanks everyone for the nice responses <3

---

Hi Delila. I just felt i had to point out some pretty obvious errors for anyone that knows anything about crypto currencies.
In the future please do some research at least before you make a thread to avoid you looking stupid :)

Red text with underline = False
Green text = My responses
I also removed the centering as i found it quite annoying.

Is mining Doge Coins Worth it?

Doge coins.

They are fairly new and they are not based of any other crypto currency like, LiteCoin or BitCoin.

Wrong they are based on the bitcoin code base and they use the scrypt algorithm that was originally made for litecoin.

So what can make DogeCoin so worth using not only for mining but for doing transactions in business?

Doge coin is a really easy coin to mine, but it takes many to make a lot.
In more relevant terms it means that you can get the coinage but, not at great value.

So what is the point of mining Doge, when it takes 1,000 DogeCoin to make 1 USD?

For starters we all know or should know by now that crypto currency, is a really great way of spending money.
As in, that crypto currency is backed up, by solving math problems aka Hash codes that Data-centers use to send data/information.

What are you even talking about???

However we are still not getting to what makes DogeCoin so special?

Maybe because there not special :O

DogeCoin is a rising Crypto Currency

Wow they are really rising :0
below is the current trading rate.



, because the two Primary currency's have plummeted since the January of 2014.

Back in Early January and Late December BitCoins where worth $874.873345 per coin.
Now they are worth $634.99823 and decreasing in value every day. Not to mention, it will
take forever to get at least 1 bitcoin, because the difficulty of finding one is so slim, its like walking on a rope about to snap!

So that's covered we know why we should mine DogeCoin but why now? Why not just wait till DogeCoin increases?

When DogeCoin value increases the difficulty will too! Making the value slowly increase and right when it hits the peak, it will plummet.

Not to mention that its so easy to get 1 bitcoin right now that ANYONE can do it! So, if you mine DogeCoin right now, will it bank in?

Like I said, If we go back to the top of the post I said that DogeCoin is a rising crypto currency [color=#ff0000][u][b]that will soon also increase in value.

You can't estimate this without a time machine

So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge,

Keep dreaming


and you already mined many DogeCoins, you will bank in rich!

IF YOU LIKED THIS READ PLZ POST A REPLY TELLING ME C: AND IF I GOT ANY INFO WRONG PLEASE CORRECT ME <3

Hey bro thanks for the response, this may clear up a lot of stuff for people c:

And for the What are you talking about??!!!! reply, When you mine crypto currency it solves hash problems sent between databases, and then it is used like how the USA would back up the dollar bill with gold in its place creating value.

I personally don't think that DOGE is even remotely worth mining.
It's not worth much.

Thats very true, but thats for you to decide. Its all in marketing and stocks. Lets just say, I would like to have 1000 doge coins that I mined for free, laying around just incase they Pop up in price ^.^ And thanks everyone for the nice responses <3

---

Hi Delila. I just felt i had to point out some pretty obvious errors for anyone that knows anything about crypto currencies.
In the future please do some research at least before you make a thread to avoid you looking stupid :)

Red text with underline = False
Green text = My responses
I also removed the centering as i found it quite annoying.

Is mining Doge Coins Worth it?

Doge coins.

They are fairly new and they are not based of any other crypto currency like, LiteCoin or BitCoin.

Wrong they are based on the bitcoin code base and they use the scrypt algorithm that was originally made for litecoin.

So what can make DogeCoin so worth using not only for mining but for doing transactions in business?

Doge coin is a really easy coin to mine, but it takes many to make a lot.
In more relevant terms it means that you can get the coinage but, not at great value.

So what is the point of mining Doge, when it takes 1,000 DogeCoin to make 1 USD?

For starters we all know or should know by now that crypto currency, is a really great way of spending money.
As in, that crypto currency is backed up, by solving math problems aka Hash codes that Data-centers use to send data/information.

What are you even talking about???

However we are still not getting to what makes DogeCoin so special?

Maybe because there not special :O

DogeCoin is a rising Crypto Currency

Wow they are really rising :0
below is the current trading rate.



, because the two Primary currency's have plummeted since the January of 2014.

Back in Early January and Late December BitCoins where worth $874.873345 per coin.
Now they are worth $634.99823 and decreasing in value every day. Not to mention, it will
take forever to get at least 1 bitcoin, because the difficulty of finding one is so slim, its like walking on a rope about to snap!

So that's covered we know why we should mine DogeCoin but why now? Why not just wait till DogeCoin increases?

When DogeCoin value increases the difficulty will too! Making the value slowly increase and right when it hits the peak, it will plummet.

Not to mention that its so easy to get 1 bitcoin right now that ANYONE can do it! So, if you mine DogeCoin right now, will it bank in?

Like I said, If we go back to the top of the post I said that DogeCoin is a rising crypto currency [color=#ff0000][u][b]that will soon also increase in value.

You can't estimate this without a time machine

So since Doge is so easy to mine right now, and if Doge because at least worth $5 per doge,

Keep dreaming


and you already mined many DogeCoins, you will bank in rich!

IF YOU LIKED THIS READ PLZ POST A REPLY TELLING ME C: AND IF I GOT ANY INFO WRONG PLEASE CORRECT ME <3

Hey bro thanks for the response, this may clear up a lot of stuff for people c:

And for the What are you talking about??!!!! reply, When you mine crypto currency it solves hash problems sent between databases, and then it is used like how the USA would back up the dollar bill with gold in its place creating value.

Mainly this part that just makes no sense

aka Hash codes that Data-centers use to send data/information.

Thats very true, but thats for you to decide. Its all in marketing and stocks. Lets just say, I would like to have 1000 doge coins that I mined for free, laying around just incase they Pop up in price ^.^ And thanks everyone for the nice responses <3

---

Hey bro thanks for the response, this may clear up a lot of stuff for people c:

And for the What are you talking about??!!!! reply, When you mine crypto currency it solves hash problems sent between databases, and then it is used like how the USA would back up the dollar bill with gold in its place creating value.

Mainly this part that just makes no sense

aka Hash codes that Data-centers use to send data/information.

When two Databases, computers, servers, anything send data to one and another it sends it in Hashes.

Doge would be a viable investment. Though you're incorrect in saying it's currently rising in value, and that it is not well established. It has a large span of use and its total value is in the millions. As for mining, it is currently one of the top three most profitable coins.

You're always posting about mining and botnet stuff on HF, why aren't you as knowledgeable here?

Doge would be a viable investment. Though you're incorrect in saying it's currently rising in value, and that it is not well established. It has a large span of use and its total value is in the millions. As for mining, it is currently one of the top three most profitable coins.

You're always posting about mining and botnet stuff on HF, why aren't you as knowledgeable here?

I have no clue. I just posted this after taking a nap, so I wasn't at my highest thinking skills c: