In this way, the internet legend shifted from Doge to Dogecoin. On December 6th, on BitcoinTalk, a well-known Bitcoin forum, a new member named Dogecoin posted a message about a competitive coin named Dogecoin, which Chinese translates as a dog coin, cute and memorable. The title of the post is Dogecoin - very currency - many coin - wow - v1.1 Released, and the style of the teaser is in line with Doge's.
On the one hand, F2Pool mines Dogecoin through merge mining and distributes Dogecoin to Wright miners to increase mining revenue. With the addition of Dogecoin, miners digging Litecoin in the fish pond are basically equal to 0 fee. On the other hand, it is also thinking about whether there are other coins to mine the Litecoin mining machine in the hands of miners. F2Pool is currently online currency, there is a DGB (scrypt algorithm), which can be mined with Litecoin miners. Before the halving, DGB mining revenue may be 80% of Litecoin, but after the halving, it is quite 1.6 times that of Litecoin, which is relatively attractive and can help Litecoin miners through a relatively difficult time
Popular implementations: Bitcoin, Ethereum, Litecoin, Dogecoin, (mostly)
The principle of joint mining is difficult to understand, but you can understand Litecoin as the main chain and Dogecoin as the auxiliary chain. Through a technology called Auxiliary Proof of Work, the mining nodes are in Wright. Blocks can also be generated on Dogecoin after the coins are generated. In this process, the mining node does not need to do any extra work, even it does not know that it is mining Dogecoin
Dogecoin explodes in TikTok, price jumps 20%
Similarly, McAfee expressed public support for Dogecoin, which was initially a joke but managed to gain a market capitalization of about $360 million. He borrowed a prediction from Tesla boss Elon Musk that the dog money would "go to the moon".
Dogecoin price prediction in 2019 Will the price of Dogecoin increase significantly? Probably, it's all because of the popularity of Dogecoin. The currency has a reasonable chance of showing a price of more than $0.05 per Dogecoin
Dogecoin explodes in TikTok, price jumps 20%
Good! Dogecoin just seized the opportunity. Many people use Dogecoin as a tip system for online forms because it is cheaper and faster than Bitcoin.
"China's mining sites have conducted adequate due diligence to select the sites with the least potential risk of flooding," Xu said. "As a result, the floods have not had a significant impact on the mining industry.