How to start Dogecoin Cloud Mining in 2020

How to start Dogecoin Cloud Mining in 2020

Cloud mining is mining without mining! Put simply, you rent computer power from a huge data center for a monthly or yearly fee. The Dogecoin is mined at the center and then your share is sent to you.

All you need to Dogecoin Cloud Mining is a Dogecoin wallet. Then choose a cloud mining pool to join. Eobot, Nice Hash, and Genesis Cloud Mining all offer Scrypt-based cloud mining for a monthly fee.

How to start Dogecoin Cloud Mining in 2020

There are some pros and cons to Dogecoin cloud mining;

The Pros

It’s easier than setting up your own mining operation. There’s also no hot, noisy hardware lying around the house!
As a beginner, there isn’t a lot of technical stuff to think about.
You get a steady supply of new currency every month.

The Cons

Cloud mining pools don’t share much information about themselves and how they work. It can be hard to work if a cloud mining contract is a good value for money.
You are only renting computer power. If the price of Dogecoin goes down, you will still have to pay the same amount for something that is worthless.
Dogecoin pools have fixed contracts. The world of crypto can change very quickly. You could be stuck with an unprofitable contract for two years!
It’s no fun letting someone else do the mining for you!
Now here you know about all the different ways to mine Dogecoin we can ask the big question, can you make tons of money mining Dogecoin?

So, Is Dogecoin Mining Profitable?

The short answer is, not really. Dogecoin Cloud mining is not going to make you a crypto billionaire overnight. One Dogecoin is worth 0.002777 US Dollars. If you choose to start mining Dogecoin solo, it will be difficult to make a profit. You probably spend more time money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin mining pool or a cloud pool your profits will be small."How to start Dogecoin Cloud Mining in 2020"

However, if you think I am telling you to not mine Dogecoin, then you’re WRONG! Of course, I think you should mine Dogecoin!

But why? Seriously…

Well, you should mine Dogecoin because it’s fun and you want to be a part of the Dogecoin family. Cryptocurrency is going to change the world and you want to be part of that change, right? Cloud Mining Doge is a great way to get involved.

Dogecoin is the coin that puts a smile on people’s faces. By cloud mining Dogecoin you’ll be supporting all the good work its community does. You’ll learn about Dogecoin mining from the friendliest gang in crypto. And who knows? In a few years, the Dogecoin you mine now could be worth thousands or even millions! In 2010, Bitcoin was worthless. Think about that!

Only you can choose whether to mine Dogecoin or not. You now know everything you need to know to make your choice. The future is here. So, what are you going to do?

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