Intro
Lately, I’ve been trying to earn some money by mining the Bitcoin alternatives, Dogecoin. After creating a Guide on How to Start Mining Quarkcoins I made a Guide for How to Mine Litecoins on Windows. The Problem with Litecoins and Quark Coins is that i want to mine the Most Profitable Altcoin. So is Most DogeCoin Profitable Altcoin? According to Coinwarz it keeps topping the list of Most Profitable coins for the last Month this may change as new coins come out as Coinye and others come out. But as of now Yes Dogecoin is the most Profitable AltCoin!
If you have spare AMD Radeon graphics cards lying around, and energy rates that aren’t stratospheric, mining a peer-to-peer digital currency known as Dogecoin(think of it as silver to Bitcoin’s gold) is within your grasp. Earlier this week I published a hardware guide as a reference for miners new to the scene, but the following guide should get Windows users up to speed regardless of dedication level or investment level.
What is Dogecoin?
Dogecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is
based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Dogecoins provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Dogecoin network is scheduled to produce 84 million currency units.
One of the aims of Dogecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins. With the rise of specialized ASICs for Bitcoin, Dogecoin continues to satisfy these goals. It is unlikely for ASIC mining to be developed for Dogecoin until the currency is widely used.
What is Mining?
For those of you not familiar with the mining process, here’s a simple explanation of how it works: All cryptographic coin networks structure themselves around blocks, which contain hashes. A hash is an encrypted chunk of information that, when successfully solved, or decrypted, awar
ds the cracker a number of coins – the exact amount varies by the type of cryptocurrency. The network registers coin ownership through the Blockchain, which records all transactions on the network . You can then trade these coins for other currencies or goods. On the downside, Bitcoin alternatives are not universally accepted at all exchanges, so mining an unpopular currency may simply waste your time and money. Check out Cryptsy exchange, if you want to get in to Alt-coin Trading.
For those of you willing to take a risk, continue reading, at the end if you just want to start Earning $$ or Dogecoins Follow these Steps
What Hardware do I need to Mine Dogecoin?
You will need a ATI / AMD Video Card Generally you will want to spend $100 or more on it within the last 2 years, the Higher end Card you have the faster you will Mine Dogecoins on Windows. If you know what video card you have you can see what sort of K/Hs per second you will get at the mining hardware wiki. Then you can figure out how much $$ you will earn at the Coinwarz Dogecoin Calculator.
If you don’t have a Good Graphics Card but still want to Mine Dogecoins Please try the CPU Mining Guide, and you can still Mine for DogeCoins. You will just Mine much faster with a Graphics Card.
DogeCoin
Online Wallet– Direct Wallet Link
More Info –Tech Specs , Current Ranking
Exchanges – ( Bter my Personal Favorite)
Main Pool: http://q30.qhor.net:9555 Backup Pool: http://doge.scryptpool.us:22550
How to mine Dogecoins
1.)Download Dogecoin wallet.
Direct Link for: Windows
2.)Install Dogecoin Wallet
Then Click – Receive. Then Copy Address.
3.)Disable your Antivirus.
If you have Antivirus it will be pickup and auto removed before you can click on it to open, all Bitcoin Miner Software is Picked up as Virus. The Reason being is they are used by Botnet’s a lot to get Coins from Zombie Computers. Since you are bitcoin Mining you will need , Disable your Antivirus for like 15 minutes and add c:\Dogecoin to your Exclude from Scan’s. If you want to Verify it’s not a virus download the Zip Version of Simple Dogecoin GUI Miner or look at the Code, it was Built with AutoIT. I also recommend SandBoxie if you are trying out software and are unsure if it’s save or not.
How to Exclude a Folder Depending on your Antivirus Software. ( Exclude Folder c:\Dogecoin)
If you have another AV, just search google “exclude a file or a folder from scan (name of Antivirus)”
4.)Download Dogecoin GUI Miner
Dogecoin GUI Miner – 64bit & 32bit– Version 1.0 – Windows XP/Vista/7/8 /Server Edition all versions
CPU Miner
Mega Download -> CPU Miner Folder -> 32bit or 64bit -> Download
GPU Miner ( Video Card Mining)
Mega Download – GPU Miner Folder -> Zip and MSI
DropBox Download – MSI
Drobox Download – Zip
5.)Install & Open Dogecoin GUI Miner
It will Install to Folder c:\Dogecoin if you change it make sure your change the Settings Tab to point to Minerd in the new folder.
6.)Test Dogecoin Miner
Right Click, Paste Replace the current Address with your address you Copied in Step 2.
Save and Start Process, and DOS Screen will popup saying CGminer
Soon after CGminer.exe starts (1-5 min) it should show you a screen like this Verify it is Showing you a GPU and look at the Kh/s the Higher the more coins you will earn. Also verify it shows accepted if it does not show this they you will need to uninstall your reinstall you Video card Software with the ATI Drivers Below in order for this software to work. Go to Step 9. at bottom if you have issues.
7.)Set to run when system is IDLE
Right Click, Paste Replace the current Address with your address you Copied in Step 2.
Save and Start Process, and Exit, it will run Process in background.
8.) Get Paid!
Within 4-8 Hour you should start getting Dogecoins, you can monitor Payout status here.
If you want to Stop the Process or Program.
Go to c:\Dogecoin\setupD.exe and click End Process. Or open Task Manager Ctrl+Shift+Esc and close cgminer.exe and ProcesD.exe
More Computers more Dogecoins! Tell your friends, How to mine dogecoins!
You can do this same thing on as many computers as you want the more computers you install it on the more Dogecoins you will get.
If you enjoyed my Guide send me a Dogecoin or two, Now you know How to mine Dogecoins !
Address: DBJMqinPqbQmQEtjN5tZ3kNkAyYUL9mj8e
I also recommend you Stop your Computer from Sleeping so you can mine while you are sleeping, also stop the Harddrive from Sleeping.
9.) Optional – Fixing Issues with Miner
Sort of a Pain but worth it to get your system Mining Dogecoins!
If you have any programs during Step 6.) testing the Dogecoin Miner for some reason the software has issues with Some ATI Drivers to Fix follow the steps below.
1.) Uninstall ALL ATI Software, go to add/remove programs, Click Change the AMD Catalyst, Express Uninstall ALL AMD Software, after finished, Restart Computer
2.)Right click this link to ATIRemoval.Bat, Then Save As ATI.Removal.bat
3.) Then Right click on downloaded Location and Run as Administrator, type Y and Enter to anything that pop’s up.
4.) Download ATI 13.1 64Bit Works for Vista/7/or/8 for and ATI 13.1 32bit XP/Vista/7/8
5.) Installed restart computer.
6.)Download AMD SDK 2.9 and install then restart computer.
7.) Go back to Step 6, Open c:\Dogecoin\SetupC.exe
If it still does not work your Video Card might not be supported I would go to Newegg.com and upgrade check out mining hardware wiki for which cards are good or try getting your feet wet by mining Quarkcoins.
Now that you know How to mine Dogecoins, Please As any Questions I will be more than happy to try to answer them!
First 50 People, to Post a Picture of there Mined Dogecoins with this Software.
I will send you some more Dogecoins as a Job Well done!
Make sure to post where you want me to send Coins.
Other Great Sites to Checkout
http://coinmarketcap.com/ – Market Cap on Alt-coins, Which Alt-Currency is winning.
http://Dogecoin.myvnc.com:22550/static/ – See Status of the Dogecoins you are mining.
Cryptsy exchange – if you want to get in to Alt-coin Trading.
Coin Mill Converter – Convert DogeCoin to USD – If you want to see what your Quarks are Worth in Dollars!
If you want to Tip or Donation:
All Tips & Donation goes towards improving the software!
Copy Donate Address:
Send Coins:
Spread the word please give me a Like, Google +, Tweet or just leave a comment!
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