Cryptocurrency Q&A
Can you solo mine Dogecoin?
Can you solo mine Dogecoin?
Alessandro
Thu Nov 28 2024
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5 answers
1403
I'm interested in mining Dogecoin, but I'm not sure if it's possible to do it solo. I want to know if I can mine Dogecoin by myself without joining a mining pool.
5 answers
BonsaiVitality
Sat Nov 30 2024
To engage in this activity, one must utilize a mining device that is capable of solving transaction blocks.
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AzrilTaufani
Sat Nov 30 2024
Upon successfully solving a block, the miner receives the entirety of the mining rewards.
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ZenHarmony
Sat Nov 30 2024
Unlike mining in a pool, solo mining does not incur any pool fees.
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Giuseppe
Sat Nov 30 2024
Solo mining in the context of Dogecoin involves integrating oneself as an individual node within the Dogecoin network.
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Eleonora
Sat Nov 30 2024
Additionally, there are no transaction fees associated with solo mining, which results in slightly higher rewards for the miner.
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