Recently, the Dogecoin and Shiba Inu coins have been on fire. As the number one fan of the two virtual currencies, Tesla’s CEO Musk even posted Cao Zhi’s "Seven Steps" on Twitter, which is a metaphor for the two currencies. The hot market has attracted many outsiders eager to try. So how to find cloud mining pool Dogecoin? Today, let’s talk about the cloud mining of the veteran one hundred times Dogecoin.
The appearance of Dogecoin originated from a joke. In 2013, a programmer was studying cryptocurrency, but he did not recognize the value of cryptocurrency, so he sent a tweet to mock cryptocurrency. He said that cloud mining pool Dogecoin would be the next trend. At that time, there was no such thing as Dogecoin. Then this tweet was reposted and encouraged by netizens who didn't know the truth. The Dogecoin logo is Shibata. How to play virtual currency? A marketing expert in Australia has a sharp mind, why not use this dog as an altcoin? So Dogecoin and cloud mining pool Dogecoin was born. In December of the following year, Dogecoin became a real coin that could be mined.
How to find cloud mining pool Dogecoin? Since Dogecoin comes for fun, Dogecoin is the main tipping culture. Subsequently, many users used Dogecoin to pay for tips. The culture of charity and rewarding is very popular, and the user development is amazing and rapid. At the beginning of 2020, the price of Dogecoin was only $0.002. On June 9, 2015, the client address of Dogecoin exceeded 1.6 million, which is more than five times that of Litecoin. The transaction volume of Dogecoin at its peak is even more prosperous for a long time. Third, it is second only to Bitcoin and Litecoin.
Why is Dogecoin and cloud mining pool Dogecoin soaring thousands of times? The first is the consensus mechanism. The consensus mechanisms used by Dogecoin and Bitcoin are all proof-of-work. The current crypto currencies on the market may use different consensus mechanisms. How to play virtual currency? Through such a consensus mechanism, the first wave of people poured into the Dogecoin market, which increased the value of Dogecoin and the amount of cloud mining pool Dogecoin.
In addition, the star entrepreneur Musk has been on the platform of Dogecoin since last year, and he continues to show that Dogecoin will be the future cryptocurrency outlet, the currency of Mars, etc., so Musk’s faithful followers entered the market. Trying to make a fortune with Musk, of course, the result is as they wished, Dogecoin has indeed skyrocketed.
From a technical point of view, the coin has not had any major updates since 2015, but since it is based on Litecoin, it will benefit from the improvement of the Litecoin code. However, despite the stagnation of Dogecoin technology, there will be skyrocketing and falling situations every once in a while, so many people also believe that the rise and fall of Dogecoin are completely controlled by the big players.
How to find cloud mining pool Dogecoin? From a long-term perspective, Dogecoin has an upward trend in general, but there is no major software release plan in the future, nor any type of large-scale application, and the price is more likely to remain highly volatile, every once in a while there may be a media-driven skyrocket. Since Dogecoin’s 2015 low, it has skyrocketed more than a hundred times, and this performance far exceeds 90% of altcoins.