RE: LeoThread 2025-01-31 15:41
You are viewing a single comment's thread:
Really loving how this $DOGE and $LTC miner just doesn't skip a beat!
I am averaging 4.4 DOGE every 24 hours and then a little bit of LTC at 0.002ish every 36-48 hours depending on difficulty.
I did move about 40 DOGE this week into HBD and put into savings to earn that 15% APR while I save up to buy another miner! And that kids, is how you scale up without going into debt!
Every little bit helps! #crypto #mining #cent
0
0
0.000
Nice! I may have said this before, but I have to check into this mining thing.
Yeah, it's one of the major fundamentals of how a blockchain operates. Some chains like Bitcoin, Litecoin, Dogecoin, and Monero are all based on a 'proof of work' functionality that relies on miners to solve the calculations that produces the blocks. Other chains like Hive, Ethereum, Solana and others are proof of stake chains, where you basically stake your coins with your choice of 'validators' or 'witnesses' who are the block producers in this case. It's like a popularity contest instead of a resource contest. With proof of work, you just add more machines, in proof of stake, you have to basically campaign for votes.
Smart! And you had solar right that help to power them?
Solar system goes up this next week hopefully. Just waiting on all the wiring I need for to get here.
what do I need to setup a miner for Doge and LTC?
I think i can rent a server for that
no, you can’t rent a server to mine. You have to have an ASIC miner that mines the Scrypt algorithm.
Then i will need to move before getting anything for that
I completely get that. I am lucky to have the space I have to be able to do this.