Given the popularity of Bitcoin in the press and other altcoins such as Litecoin and Dogecoin I thought it would be a good opportunity to explain how mining in a pool works in contrast to mining solo. The best analogy I an offer is that mining is rather similar to lotteries. If you choose to …
Tag: Dogecoin
Jan 06 2014
Mining for Dogecoins
Well, after the recent purchase of a brand new video card I thought I would look into alternate uses other than gaming. These days, graphics cards can be used for more powerful number crunching compared to CPUs (between five to twenty times the processing power). I figured the boat had already sailed on Bitcoin and …
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