When I first heard about mining Cryptocurrencies back in the day, I was taken aback.
Are cryptocurrencies mined like gold and diamond? 💎
This misconception of mine, was cleared when I read this CNBC Article.
Are you interested in mining Doge?
Let's dive deep 💻
Mining serves two purposes: To create new coins and to maintain a log of all transactions of existing digital tokens.
Miners around the globe contribute their computing power to verifying and adding all exchanges of ether to a public ledger.
This public ledger is known as a blockchain. 🤑
I was able to mine some DogeCoin, but even a machine of this caliber started heating and the Heat Sink and Fan (HSF) started moving rapidly.
I have even heard some cases in which the laptop fried due to mining cryptocurrencies 🍳
Let's discuss the process 🔍
Get a Crypto Wallet 💵
I recommend using Coinomi ✅
Perhaps, any wallet that accepts Doge works!
Get a Miner ⛏
You can download it from this Github Repository 🔐
Download the one which is compatible with your Machine.
Then, unzip the downloaded file. Upon unzipping, you'll find - config.json, SHS256SUMS, and xmrig.
Choose Doge Coin from the number of cryptocurrencies available.
Navigate to the start column. There, you'll see multiple Hashing algorithms.
I used the RandomX hashing algorithm.
Configure XMRIG 🧑💻
XMRIG's configuration is stored in a file called config.json.
We have to set XMRIG to mine DogeCoin.
Open the config.json file with a text-editor and scroll down to the section called pools.
Change the null value of algo to "rx/0"
Change the url entry to "rx.unmineable.com:3333"
Change the user entry to "DOGE:" followed by your Receiving address, and then "." followed by your name.
Save the file 😅
The code should look like this 🔍
Let's MINE 💰
Open the XMRIG file despite the warnings that your computer might generate.
Then, Open unMinable and paste your DOGE Address on the box on the right ➡️
Hell yeah, Here's some money 🚀
Indeed, I had a great time mining Doge. I hope you have too 🎊
Cryptocurrencies are the future of decentralized finance, and I love exploring the space 💰
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If you liked this blog, use my referral link to mine Doge - https://www.unmineable.com/?ref=ough-vqk8
I am looking to collaborate on setting up a small mining rig ⛏
If interested, hit me up at mehulrastogi2002 at gmail dot com.