Dogecoin Developer Explains Moving DOGE to Staking PoS
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Dogecoin Developer Explains Moving DOGE to Staking PoS yes ahh a big concern has been Dogecoin mining ending, because Vitalik Buterin who moved Ethereum from mining to staking PoW to PoS is trying to get Dogecoin to switch to Proof of Stake ending Proof of Work DOGE mining! Buy This Miner for easy passive income! https://voskco.in/evg
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Dogecoin is the 2nd most profitable coin to mine after Bitcoin mining, and then the 3rd most profitable coin to mine is Litecoin which will be crushed also if DOGE moves to staking and ditches mining. Dogecoin has always been a merge mined coin on the scrypt mining algorithm with Litecoin LTC. A lot of cryptocurrencies are trying to go green and ditch energy-intensive mining but proof of work is a proven and trustworthy blockchain consensus mechanism. Let's review Dogecoin moving to proof of stake, and how DOGE staking is good and bad for Dogecoin along with how this will impact Doge mining rigs as well as Dogecoin competitors like Shiba Inu SHIB.
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⏰ Timestamps ⏰
00:00 Is Dogecoin moving to Proof of Stake?
00:34 Scrypt mining profitability
02:23 Vitalik Buterin on Doge Proof of Stake
04:21 Results of the Doge PoS shift
06:53 Dogecoin Dev speaks about PoS future
10:43 LoRA-based Dogecoin mining?
12:47 The future of Dogecoin mining
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