Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Crestie C. Tuvilla on May 25, 2018, 08:18:44 AM

Title: What is Dogecoin Mining?
Post by: Crestie C. Tuvilla on May 25, 2018, 08:18:44 AM
Dogecoin mining is the process of being rewarded with new Dogecoin for checking transactions on the Dogecoin blockchain. Simple, right? Well no, it’s not quite that simple, nothing ever is!

Mining Dogecoin is like a lottery. To play the lottery you have to do some work. Well, actually your computer (or node) has to do some work! This work involves the confirming and checking of transactions which I talked about in the last section.