What Is A Dogecoin DOGE Miner

What is Dogecoin? From meme to mega market cap Dogecoin began life as a “joke currency”, but quickly exploded onto the market, harnessing the power of online communities to take it to the top. Dogecoin (DOGE, Ð) began life as a joke.

What Are Decred DCR Miners Solving on this page. Billy Markus from Portland, Oregon, developed DOGE to be a fun currency, naming it after the Shiba Inu “doge” meme. Soon, it grew in value, with thousands of users and whole Internet communities designed around sharing the currency and posting memes about the coin online. The hype paid off, putting it among the top cryptocurrencies on the market. This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns.

As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks. What is Dogecoin? Dogecoin is an altcoin designed to reach a much broader demographic than bitcoin. Additionally, Markus, the developer behind it, wanted to keep Dogecoin fresh and fun, in order to distance it from the controversial past of bitcoin (for example, being widely used in online black markets like the Silk Road).

The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin. How to mine dogecoins? Find out in Dogeminer: The Dogecoin Mining Simulator.

Icon Symbol Initial release date Algorithm type Max. Supply DOGE, Ð 8 December, 2013 Scrypt 100,000,000,000 DOGE As of September 2017, Dogecoin has become one of the top ten coins on the market, with several online exchanges offering DOGE/BTC (bitcoin) and DOGE/LTC (Litecoin). While many other altcoins are attempting to become something bigger than a simple currency transaction platform, Dogecoin stuck to its roots and is now widely used on platforms such as Reddit and Twitter to tip other users for information, funny posts, or whatever else is deemed tip-worthy. Where to buy, sell and trade Dogecoin in the US.