You will earn a few bucks along the way but don’t expect to be super profitable unless you invest more resources and time into mining.
Beginner Miners
For beginner miners, you just need your laptop or desktop computer. It’s recommended to have a decent graphics processing unit (GPU) at least, one that gamers and video editors use. If you’re not looking to earn profit on what you mine, however, a normal computer or even a phone can help you stack some Dogecoins.
If you’re only using a CPU, a central processing unit, be prepared to be unprofitable after electricity costs are factored in. But if you’re mining for meme’s sake, then this shouldn’t be a problem.
Intermediate Miners
For those who want to go a step further, buying an ASIC, or an Application-Specific Integrated Circuit, can help you kickstart a personal mining operation. These gadgets are made just for mining. So if you’re a bit more serious about using DOGE or other crypto to fund your lifestyle, then having one of these should probably be on your radar unless you want to be an advanced miner.
Similarly, you can have a really advanced GPU as well and learn how to build a frame for your GPU, or multiple GPUs, to mine cryptocurrencies.
Advanced miners
A whole rig of gaming GPUs or ASICs to whole warehouses full of them, advanced miners are the ones who mean some serious business. The investment on these is massive and can be tens or hundreds of thousands of dollars of hardware. These GPU and ASIC mining rigs are multiple thousand-dollar graphics cards or ASIC mining rigs used together to effectively mine cryptocurrencies.
If DOGE is your passion, and you’re convinced the Shiba Inu Kabosu will blast off to Mars, you can show off an impressive mining rig to your friends.
The more processing power you have on your computers, the higher likelihood that your computer will solve those cryptographic puzzles, leading to more profits. This is why GPUs are recommended over just CPUs since they are much more powerful and able to tackle video editing projects and higher-end gaming.
For GPUs, it would be nice to have something at least as powerful as the RTX 2060 series and beyond or an AMD model of similar GPU power. ASIC’s, while convenient, are usually only good for mining-specific cryptocurrencies. Buying several powerful graphics cards and putting them to use will more likely give you the Mh/s, or million hashes per second, to mine.
Be aware that if you’re using a laptop, you should have a good cooling system. It could cause your system to overheat if you don’t. If you will be using a computer, desktop computers are recommended.