How to Mine Dogecoin in 2022 (2024)

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Table of Contents

  • What is dogecoin, and why mine it?
  • What you need to get started with dogecoin mining
  • 6 steps to mine dogecoin
  • O Doge, will you be mined?

Jimmy's just turned 43, so we're having coffee at my favorite spot downtown. The shop is dead, as is the city, but that doesn't concern us.

Both Jimmy and I run our own copywriting business. We also take home roughly the same amount every month.

Problem is, instead of celebrating, he's paying me back. Again.

See, Jimmy doesn't have a penny in savings. Would you believe me if I told you I've been trying to convince ole' Jimbo to invest for over a year? He didn't budge... not until I mentioned mining dogecoin. (Seriously.)

"Wait. What's that?"

"Doge. It's some stupid coin."

"And you can use my current setup to get it?" He asks, pulling up his chair to the table. "And I can spend it? It's real money?"

Jimmy didn't have much growing up, so he's quite risk averse when it comes to his finances. He can't bear to part with his precious pennies, but he's happy to invest his already-owned resources if he can mine some coin.

I'll assume you already know what mining is, or you have some general idea. What you're wondering is whether this coin is worth mining, and how to get it done.

Here's how.

What Is Dogecoin, and Why Mine It?

How to Mine Dogecoin in 2022 (1)

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Dogecoin is a meme coin that was released roughly 8 years ago as a joke. The actual dog on the coin is a shiba inu. As the first meme coin, few people took it seriously. It did get a lot of press at the time though.

Today, it's a popular and polarizing cryptocurrency, getting frequent mentions from the likes of the self-proclaimed "Dogefather" and Tesla CEO Elon Musk to Ethereum founder Vitalik Buterin. (The latter recently joined the Dogecoin Foundation.)

But when it comes to cryptocurrency mining, doge is like any other mineable coin out there. After all, doge isn't the only coin based on proof-of-work.

And in mining any coin, it all comes down to this: Profitability.

But how do you determine that?

Here's a simplified equation:

Profitability = The potential future value of doge (based on your research) - electricity costs for dogecoin mining

Which means: Keep an eye on your energy consumption, because your electricity bill will make you very sad otherwise.

But as long as you're profit-positive, you're fine. To be doubly-sure, calculate your mining profitability using the dogecoin mining calculator.

But let's say your info isn't limited to the present.

Let’s say you're sitting at your desk when you receive a phone call. You've got an insider, a Mister Doge X, who keeps feeding you prices from the future. And one day, he calls you from an airport phone booth to tell you that doge is going to be worth $2 in 2024.

"It's a sure thing," he says before he hangs up and walks away, disappearing into the crowd.

Much wow!, you think, as you rub your greedy little paws together and switch on your mining machine.

After all, now that you know the future price with 100% certainty, you know mining will net you X amount of profit every month not just in today’s value, but in doge’s real value in 2024.

What You Need to Get Started with Dogecoin Mining

Since you're getting started, let's cover crypto mining hardware first.

We can break down mining power like this:

  • CPU miners

  • GPU miners

  • Scrypt ASIC miners

At minimum, you're going to need a computer and a secure internet connection. You can mine using pretty much any computer, but I wouldn't recommend it. Just like when you're mining bitcoin, with doge you use your computing power to solve puzzles and unlock a block reward as well. And like bitcoin, the mining difficulty for solving those puzzles has gone up… a lot... which means you need more powerful computers with greater processing power to make mining profitable.

In other words, mining with your central processing unit (CPU mining) is out of the question. So leave your laptop at home, kids. The days of mining dogecoin from your laptop are long gone.

At the very least, you're going to need a GPU (your graphics processing unit). But these days, scalpers are out there jacking up crypto-relevant hardware costs. Even dedicated PC shops are refusing to sell graphics cards à la carte. (And you're going to have to order a complete desktop computer setup to get your hands on a powerful-enough GPU to spit out some sweet, sweet, mining power.)

How to Mine Dogecoin in 2022 (2)I


But maybe you're planning on going all in because of Mister Doge X's insider info... in which case, you're going to want to get a Scrypt ASIC miner. Doge runs on the Scrypt algorithm, like litecoin. This means that when it comes to mining equipment, the ASIC miner is a rig that's specially dedicated to dogecoin mining and litecoin mining. Just make sure you have enough cooling, mining space, and noise tolerance, because these bad boys can get pretty loud and hot.

But unless you're building a dedicated mining farm, let's set aside ASICs for a second. What you're after right now is to get something basic running and go from there, right?

In that case, since we're going the GPU mining route, this is what you should consider. For your mining equipment, as long as your current mining rig (aka your PC) has enough ram and decent cooling, you're good to go.

Just keep an eye on the temperature, and make sure you get enough air circulation in your case. If not, you get trapped heat, which is bad because it makes your hardware get older faster.

Ready to Join the Doge Army? Follow These Steps to Mine Dogecoin

What I'm about to show you is the most straightforward mining process to start mining doge in as little as 20 minutes.

Here’s a brief summary of what we need:

1. A digital wallet that supports doge

2. Unmineable app

3. Phoenix Miner

Step 1:Get yourself a doge-supported crypto wallet

If you plan to HODL long term, you can either:

a) Download a full-node dogecoin wallet (Dogecoin Core) onto your computer

b) Use a lightweight-node "Multi-Doge" wallet

A full node is more secure, but takes slightly longer. Light wallets download just enough data to validate the dogechain.

Planning to offload your doge immediately? Then get your wallet address off of one of the main crypto exchanges. If you're based in the US, that's Coinbase. If not, I recommend Binance. For improved security and extra peace of mind, you may also consider going with a hardware wallet, like a Ledger Nano X or a Trezor.

Step 2: Go to Unmineable, click "Download", and then click on the big green button

Pool mining is one of several approaches to mining dogecoin. It's also your best approach as a beginner miner. You can choose to mine solo... if you want to wait a gazillion years for your next block reward. Just like the days of using your CPU miner are over, you can say your sorry goodbyes to individual mining as well... unless you've got a gang of Scrypt ASIC miners waiting to go whir!

For many proof-of-work coins, sharing is caring when it comes to rewards. So if you're armed with a decent gaming rig, pooling your computing power is the way to go.

Unmineable isn't your typical pool either. Unlike popular dogecoin mining pools like Aikapool, the setup process is much, much simpler.

So what's the catch?

Well, when you're using Unmineable, you're not really mining dogecoin. You're actually mining ETH (!), which Unmineable is then going to swap to doge for you. (This is how Unmineable can offer you a whole host of other coins that aren't proof-of-work. You mine ETH, they trade it for your desired coin, you get doge, and they get their cut of the ETH cake. Everybody wins!)

See, you might have heard of merged mining and thought, “Wait. I can mine dogecoin and litecoin at the same time, since they both run on the Scrypt algo?”

Well, not quite. Not with a GPU anyway.

You’d be in luck if you use an ASIC, but the problem is, ASICs are expensive. And they’re a riskier investment too: Because Scrypt asics are specialized for mining Scrypt coins, they can’t do anything else.

In other words, if you somehow found yourself wanting to try mining another coin, you couldn’t. Not with that ASIC. That’s why right now, GPU mining is your best bet.

By the way, if you’re not a fan of Unmineable for whatever reason, here are a couple popular alternatives worth checking out:

Prohashing. Prohashing has got some cool customization features, like “Proswitching”. When Proswitching is turned on, it switches automatically to the most profitable coin.

CGMiner. CGMiner is popular because it’s lightweight, supports pretty much any GPU as well as ASICs, and is platform-agnostic.

Whatto watch out for when installing your miner

How to Mine Dogecoin in 2022 (3)

When installing mining software, there's a chance that your antivirus program or firewall will flag it as a virus. Don't panic. This happens all the time. To fix it, add your miner as an exception to both your firewall and antivirus program. You can also switch off the firewall and antivirus until you're done installing the apps.

For your browser, go to Settings. Click on "Privacy & Security", then click on "Security" again. Under "Safe Browsing", click on "No Protection".

For Windows, go to your Windows Settings, navigate to "Windows Security", and click on "Virus & Threat Protection". Then click on "Manage Settings" and switch off "Real-time protection".

Just make sure to switch everything back on once you've completed the installation process.

Step 3:Use an extraction tool like Winrar to extract the content into its own folder

After extracting, click on the Unmineable application to open it and go through the setup.

During the setup process, the app will ask if you want to mine with a GPU. Clap your hands with a resounding "Yes!" while clicking your heels midair.

The setup will also ask you to "Update miner file location". Let's come back to that.

Step 4:Install your mining software

For our purposes, we use Phoenix Miner. (This miner works on both Nvidia GeForce GTX cards and AMD cards, which is why it's popular for mining crypto.) Once you've installed it, repeat the step of extracting the content into its own folder. Make sure to copy the location of the application file.

Just in case you want to go with another option, here are a few alternatives to Phoenix Miner:

T-Rex Miner. T-Rex Miner is one of the few miners with the distinction of receiving frequent updates. It also seems to be a fan favorite among Nvidia users.

NBMiner. Full disclosure? This is one of my favorite miners. It’s easy to configure and use. Once you turn it on, you can continue to use your computer pretty much like normal while the miner runs in the background.

Step 5:Prepare a batch file by creating a txt document

Copy and paste the following:

PhoenixMiner.exe -pool -wal DOGE:YOURDOGEWALLETADDRESS.WORKER_NAME -pass x

Replace "YOURDOGEWALLETADDRESS" with your actual doge wallet address. Remember: This address is from a cryptocurrency exchange like Coinbase (US) or Binance (international) if you want to cash out... or from the dogecoin wallet website, if you plan to HODL.

Replace "WORKER_NAME" with whatever name you want your mining rig to go by. You can call it "Skeptical-Poodle". It doesn't matter as long as you recognize it.

Save by clicking on "File", going to "Save as...", and saving as "Start.bat", and instead of saving as txt, checking "All Files". This way, once you close the file and double-click it to open it back up, it won't reopen as a doc. It'll instead start running the miner.

But we're not there just yet!

Step 6: Pasteminer file location

Once you've installed Phoenix Miner, return to the Unmineable app setup and paste your miner file location.

On the last screen, confirm that it's indeed dogecoin you want to mine, and input your online wallet address again.

That's it! You've successfully launched your dogecoin mining operation.

O Doge, Will You Be Mined?

How to Mine Dogecoin in 2022 (4)I

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Dogecoin has come far for a meme coin. One of the earliest cryptocurrencies, what started off as a joke has created an army of millionaire crypto enthusiasts. Will doge go to $1 soon? Crazier things have happened in crypto.

If you want to add a passive income stream and a bag of doge to your pockets, the approach outlined in this article is easy to implement and non-risky.

Full disclosure? I hold doge. (And we're not counting my lost college hard drive with my dogecoin wallet from Dec. 2013. Yes, it still hurts.)

And one day, maybe you'll be sat at your desk, taking a break while you stare outside your window. Lean back, take a sip of your coffee. Then you receive a notification on your screen.

"Doge hits $2."

You're ecstatic. What a price surge, you shout! You're jumping for joy. You're over the moon. And it all started here on CoinGecko.


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How to Mine Dogecoin in 2022 (5)

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Valerioshi X

Valerioshi is the 4th president of X+, one of the most exclusive communities in web3, for holders who hold 10 or more DeGods. Along with the burn team, he led the CryptoPunk burning campaign for DeGods, successfully raising more than US$100,000 in under 30 hours. He runs Degen Reports, and is host of The Degen Hour as well as the X+ Sigma Lounge, both weekly Twitter spaces.Follow the author on Twitter @valerioshi_

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How to Mine Dogecoin in 2022 (2024)


What is the best mining software for Dogecoin? ›

Another popular software, EasyMiner, supports both CPU-based and GPU-based Dogecoin mining. Other popular Dogecoin mining software packages are CGMiner, MultiMiner and Cudo Miner. Until recently, CGMiner supported both GPU and ASIC mining.

What is the best algorithm for mining Dogecoin? ›

Dogecoin Hashing Algorithm: Dogecoin uses the Scrypt algorithm, which makes its mining operations more accessible for the community and relatively energy-efficient in terms of computational power.

Can Dogecoin be mined on phone? ›

Cloud mining is the key to mining cryptocurrency without the need for complex equipment. Our app connects you to our cloud server, where your mining rigs are already set up and running. This means you can mine Dogecoin without draining your device's battery or causing any damage to your hardware.

What is the cheapest way to mine Dogecoin? ›

Pool mining is the best option for beginners since there is a lower cost of entry. Also, it is difficult to make money as a solo miner. The first thing you will need is a Dogecoin wallet. This is where you will store the coins you mine.

How much Dogecoin can be mined in a day? ›

Yes, as of September 7, 2022, there is no Dogecoin supply limit. But the reality is that 10,000 DOGE are mined every minute, which adds up to about 14.4 million DOGE per day, and over 5 billion DOGE per year added to the supply.

How do I start Dogecoin mining? ›

To mine Dogecoin profitably, nowadays you usually need:
  1. A Windows/Linux/Mac OS computer.
  2. One or more ASIC miners for Scrypt-based cryptocurrencies.
  3. Power supplies for your ASIC miners.
  4. An account with a mining pool.
  5. Access to relatively cheap electricity.
  6. A Dogecoin wallet where the mining pool will send your mining rewards.

What program should I use to mine crypto? ›

Some popular Bitcoin and crypto mining software programs include CGMiner, BFGMiner, EasyMiner, Awesome Miner, and MultiMiner.

What is the most profitable crypto mining device? ›

The Bitmain Antminer S21 Hyd 335T is the most profitable Bitcoin mining machine currently, followed by the Canaan Avalon Made A1266, and MicroBit Whatsminer M50S. If you want to mine other cryptocurrencies, the Bitmain Antminer KS3, Bitmain Antminer D9, and Bitmain Antminer K7 are all solid choices.

Is mining DOGE profitable? ›

Is Dogecoin Mining Profitable? According to most mining calculators, Dogecoin is profitable to mine. Whattomine and other mining calculators can be used to determine how profitable it is to mine Dogecoin with various miners.

What is the most profitable DOGE mining pool? ›

Best pool options for Dogecoin mining
  • Aikapool. Aikapool is one of the leading mining pools with a share of 7% in hash rate contribution. ...
  • Litecoinpool. Litecoinpool is also a popular Dogecoin mining pool option. ...
  • Zpool. Zpool is also one of the largest platforms for mining Dogecoin in a pool. ...
  • 1CoinPool. ...
  • Multipool.
Mar 9, 2023

What is the fastest cryptocurrency to mine? ›

Let's explore the top cryptocurrencies for mining this year:
  1. Bitcoin (BTC) Bitcoin is undoubtedly the best crypto to mine. ...
  2. Ethereum (ETH) ...
  3. Vertcoin (VTC) ...
  4. Cardano (ADA) ...
  5. Litecoin (LTC) ...
  6. Ravencoin (RVN) ...
  7. Monero (XMR) ...
  8. Grin (GRIN)
Feb 21, 2024

Can you mine Dogecoin directly? ›

Mining Dogecoin individually is possible as long as you know the risks. So, before diving into Dogecoin mining, you should know what you're getting yourself into. We've listed the main risks of mining Dogecoin solo: Electricity: Mining any PoW crypto consumes a lot of energy because computers must run 24/7.

Which crypto can I mine on my phone? ›

Crypto Miner Crypto Miner is a popular mining app that is available on both Android and iOS devices. The app supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Crypto Miner also offers a number of features, such as real-time mining stats, a built-in wallet, and a referral program.

Is Dogecoin accepted by Google? ›

Over time, Google will allow many more customers to make payments with cryptocurrency, Zavery said. Coinbase Commerce supports 10 currencies, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum and Litecoin.

Is DOGE still being mined? ›

As its popularity increased, so did the mining process. This means, it is still possible to mine Dogecoin but it's getting more and more difficult to do it. Because of that, miners got together and formed “mining pools.”

Has all Dogecoin been mined? ›

In 2013, Dogecoin (DOGE) was developed as a fun alternative to established cryptocurrencies like Bitcoin. The Shiba Inu emblem and moniker are based on a meme. Dogecoin is purposely abundant in contrast to Bitcoin, which was created to be scarce. Its supply is unlimited, and 10,000 new coins are mined every minute.

Is DOGE mining paid real or fake? ›

Is Dogeminingpaid Site Real? No, it isn't.

How many billions of Dogecoin will be mined? ›

This means new Dogecoins are continuously created through the mining process. Specifically, the mining reward for Dogecoin is 10,000 coins per block, which is then added to the total supply. Given its current rate, the creation of new Dogecoin is predicted to be around 5 billion per year.


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