Recently operating a DOGE mining project, the overall situation is as follows: the hash rate is configured at 4000M scale, currently producing 16 to 18 DOGE per day. The principle of this project is actually to mine LTC (Litecoin) to earn DOGE rewards, which feels pretty good.
The LTC withdrawal threshold is not high; you can start from 0.1 coins. I now withdraw about once a month, and the cycle is quite reasonable. The expiration date of this hash rate is expected around June 2027, because I only invested idle funds, which has no impact on daily life, so I treat it as a disguised DOGE dollar-cost averaging.
If you're interested in this mining method, welcome to share experiences.
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FOMOSapien
· 11h ago
Uh, mining DOGE can still be played like this, I really didn't expect it
Wait, mining LTC the other way around for DOGE? That's a pretty crazy logic
I prefer dollar-cost averaging into DOGE with idle funds, much better than blindly buying coins
The 27-year maturity feels a bit far away, could there be any surprises in between
I also want to get one, I’ll ask you about it later
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GateUser-a180694b
· 11h ago
The mining cycle is so long, expiring only in June 2027. It depends on how the coin price moves during this period.
I've been wanting to try DOGE mining for a while, but I'm worried that the computing power depreciation won't keep up with the coin's decline.
The strategy of swapping LTC for DOGE sounds a bit more stable than direct mining?
Withdrawing once a month feels okay, avoiding frequent operations.
Using idle funds for some play is still fine, just treat it as savings.
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HypotheticalLiquidator
· 11h ago
Wait, it doesn't expire until June 2027? Have you really calculated the health factor for such a long-term contract? It seems like the risk control threshold is a bit questionable.
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SpeakWithHatOn
· 11h ago
Huh? 4000M produces 16 to 18 DOGE, how long can this ROI last?
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LTC to DOGE trading strategy, why do I feel a bit mysterious?
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The idea of fixed investment with idle funds is okay, just worried that on June 27, 2027, everything might be gone.
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Monthly withdrawal, the stability is indeed okay, just depends on how the electricity costs are calculated.
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Mining mechanisms go in circles, are we really earning from the price difference?
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Don't say it so easily, have you calculated the ROI?
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I agree with dollar-cost averaging into DOGE, but who has calculated the risks of this linked mining?
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I only invest idle money, I like that, just worried that project teams might run away as a routine operation.
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With 4000M, how many days in the middle of the year will electricity costs exceed the earnings?
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It's easy to say, but have you ever been stuck when withdrawing?
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governance_ghost
· 11h ago
Bro, the returns are indeed good, but I just want to ask about the conversion rate for mining LTC to exchange for DOGE.
By the way, it matures in 2027, that's a pretty big gamble.
It seems that handling idle funds is quite comfortable; if you withdraw once a month, the time cost is manageable.
But I still think you should keep a close eye on this kind of project, so it doesn't end up being just air.
It feels a bit like a disguised form of financial management, just with a slightly higher risk factor.
Recently operating a DOGE mining project, the overall situation is as follows: the hash rate is configured at 4000M scale, currently producing 16 to 18 DOGE per day. The principle of this project is actually to mine LTC (Litecoin) to earn DOGE rewards, which feels pretty good.
The LTC withdrawal threshold is not high; you can start from 0.1 coins. I now withdraw about once a month, and the cycle is quite reasonable. The expiration date of this hash rate is expected around June 2027, because I only invested idle funds, which has no impact on daily life, so I treat it as a disguised DOGE dollar-cost averaging.
If you're interested in this mining method, welcome to share experiences.