Dogecoin is the new exciting digital currency that borrows from Bitcoin, the pioneer in the field. You can learn how to earn your own Dogecoin by using your computer to mine at home.
This course will show you exactly what you need, what you already have that you can use and how you can improve your mining rewards.
The course is structured with a series of lectures and easy to follow presentations. You should be ready to devote several hours to the learning process. Setting up your miners will take a little more time.
Once you have everything set up, the monitoring will not take much of your time. You'll learn about tuning and return on investment calculations. This will allow you to determine whether it would be rewarding to procure more equipment to mine even more Dogecoin, and make even more money from home.
Dogecoin is the new Internet currency. It has exploded from nothing in December, 2013 to a major player in e-commerce today. You can earn Dogecoin by selling services or goods for the currency or by mining. The protocol defines a high reward for mining, especially for those who act quickly. Even later, however, the mining reward is higher than for many other types of digital currency.
You can learn everything you need to know with this hands-on course. Start mining your own Dogecoin and get ready to profit as the currency reaches new levels of value.
This is an introduction to the Dogecoin digital currency. It describes the basic organization of the currency and relates it to such ancestors as Bitcoin and Litecoin. Topics include the Dogecoin network, blockchain, valuation, and transactions.
By now, you should have a good introduction to Dogecoin. Take this quiz to see just how much you know and where you might want to get more help.
This is a description of the first quiz questions, the answers and explanations about the questions.
This lecture provides an introduction to the actual Dogecoin mining process. It is an overview of the concepts. Future lectures will go into much more detail for each of the major areas.
Joining a Dogecoin mining pool is one of the first acts for a new Dogecoin miner. You should not solo-mine due to the difficulty inherent in the system now. Instead, join a pool. This lecture describes the differences between the various pool types.
The block is the fundamental unit of Dogecoin. It is stored in the blockchain, along with all transactions that pertain to each block. This lecture describes block specifics as they relate to Dogecoin mining.
This lecture covers the details that pertain to those who are mining Dogecoin with their computer CPU only.
This lecture covers the issues that concern those who are mining Dogecoin with GPU devices, such as the AMD Radeon units,as shipped in graphics cards.
Solo mining was the method that early miners used to gain Dogecoin. This lecture shows the current situation and explains why solo mining should no longer be used.
Dogecoin mining by CPU while in operation. Shows typical details that may be encountered.
This lecture shows an actual GPU miner process in use and describes some of the operational details.
This lecture shows the particulars that pertain to a mining pool while multiple workers are mining Dogecoin. Various pool options and specifics are covered. This is part 1 of the topic.
This lecture shows the particulars that pertain to a mining pool while multiple workers are mining Dogecoin. Various pool options and specifics are covered. This is part 2 of the topic.
Final part of the lecture showing the mining pool in operation.
"Application Specific Integrated Circuits", ("ASIC"), have revolutionized the Bitcoin mining process. These devices have recently shipped to a few customers for use in mining scrypt currencies such as Dogecoin. This document describes the current situation and identifies some future concerns.
I welcome your comments, questions, and concerns. This course will be updated as new developments occur, and to improve the learning experience. If you can help make it better for others, I would be very pleased to include your suggestions. Thank-you.
Vaughn Smith is a certified project manager, (PMP), with an extensive background in the information technology field. He has worked for governments, large and small businesses and as an independent developer.
Vaughn started mining Bitcoin with various types of computer equipment in early 2013. He switched to other crypto-currencies as the Bitcoin difficulty increased. He was active in the Dogecoin community, practically from the initial launch. His Dogecoin mining gear includes three high power GPU devices and multiple CPU cores.