Instantly Calculate Dogecoin mining profitability with real-time data. Analyze hashrate, power costs, exchange rates, and pool efficiency for improved returns.
Dogecoin uses the Scrypt algorithm for hashing. Any device capable of computing the Scrypt algorithm can technically mine Dogecoin, but only specialized Scrypt ASIC miners are profitable, efficient, and viable for long-term Dogecoin mining. Dogecoin is often merge-mined with Litecoin, which means you earn both DOGE and LTC simultaneously using the same hardware.
Price of Dogecoin: The current price of Dogecoin is the average value from major exchanges, shown in USD. This is the price at which DOGE can be bought or sold in real time. The difference between buy and sell prices is typically a few cents or less, depending on exchange liquidity.
Your Hashrate: Enter the hashrate of your Dogecoin mining hardware in GH/s. Since Dogecoin uses the same Scrypt algorithm as Litecoin, Scrypt ASICs (like the Antminer L7) are commonly used, delivering between 1 GH/s and over 13 GH/s depending on the model.
Fee - pool fee: This is the percentage of your mining rewards taken by the mining pool. A 1% fee means that for every 100 USD worth of DOGE you earn, you’ll receive 99 USD. Pool fees typically range from 1% to 2%.
Power consumption: This is the total power drawn from the wall while the miner is hashing at full capacity. Power usually ramps up after startup and can fluctuate by ±5%. Cooling fans may consume up to 8% of total energy usage. A cooler environment can reduce fan speed and therefore slightly lower electricity costs.
Electricity price in USD: This is your rate per kilowatt-hour (kWh). For example, a miner with 3425 W (3.425 kW) power consumption running 24 hours a day uses 3.425 × 24 = 82.2 kWh daily. At $0.05 per kWh, your daily electricity cost would be 82.2 × $0.05 = $4.11 per day.
Daily estimated earnings: This figure represents your net daily earnings after subtracting electricity costs. The calculation assumes 24/7 operation at full hashrate and efficiency. Results are shown in both USD and DOGE, based on current difficulty and the market exchange rate.
