Dogecoin Funds Nascar Sponsorship

Dogecoin To Appear On Nascar

Dogecoin has always been known for doing great things. From the extremely friendly community to the random Dogecoin giveaways, kindness has always been a strong point for what was once known as a ‘joke’ cryptocurrency.

However, Dogecoin has gained most of its publicity from the giveaways and sponsorships it has become a part of.

Previously, the Dogecoin community had donated money to both build clean water wells in Kenya, as well as fund the Jamaican bobsled team in last year’s winter olympics. This time, Dogecoin is going to appear on Nascar. [Read more...]

Feburary 2014: What Cryptocurrencies Should You Mine And Invest Right Now?

It is an absolutely crazy time for a miner right now. Early February has seen a crazy amount of events happening, causing careful decisions to be made for people looking to mine for maximum profit. There are a few different coins that would be really good to mine right now, and here’s why.

1. Dogecoin

Dogecoin Reward

Anyone who’s been involved in the cryptocurrency world knows that Dogecoin has gained extreme popularity, extremely quickly. The ‘joke’ currency has grown up and proved all of its doubters wrong. While it has gained a ton of value from what it originally started at, the value is expected to jump even more in a few days. Why? The reward for finding a Dogecoin block is about to be halved, meaning only half as many coins will be generated as there is now. A lower amount of supply will push prices of Dogecoin up even further than they are right now.

2. Noblecoin

Noblecoin Marketplace

Noblecoin has gotten an insane amount of attention the past few days. Not only has it been finally placed on CoinMarketCap, but a Noblecoin marketplace has been announced and will be open on February 11th. On top of this, Noblecoin has received quite a bit of media coverage for donating to various charities. With rumors of Noblecoin being added to Cryptsy soon, there is nowhere Noblecoin is going to go but up. I’d invest as soon as you can (money or hashpower!)

3. Mintcoin

Mintcoin

Mintcoin is an all new, innovative coin which is designed to save power by only allowing mining for the first five weeks. It works like this – for the first five weeks after it has launched, it is mineable just like any other coin you know. Each week, the reward for finding a Mintcoin block is halved. After five weeks, coins are generated in a completely new way. Rather than mining coins to generate them, Mintcoin uses an algorithm called proof of stake. You will get interest based on the number of coins you currently own, and that interest will be added to your total. Mintcoin works in a similar way to stocks that pay dividends. Some companies will use the dividends to buy the stock holder more shares in the company. Mintcoin works exactly the same way.

So which coin should you focus on mining? That’s entirely up to you. Stick to mining one of these three, and you’re almost guaranteed a nice return on investment.