Mining Dogecoin with a Laptop? Nika’s “Tearful Mining Journey” Reveals the Truth!

Hello everyone, I’m Nika, a small-time Tesla shareholder and a self-proclaimed “Dogecoin fangirl” of Elon Musk. In 2024, I witnessed Tesla’s stock soaring and made a little profit. After that, I became deeply intrigued by Dogecoin, the cryptocurrency Elon has been hyping up. Hearing that I could mine it with my home laptop, I thought: Why not give it a shot? I could support Dogecoin and experience the “miner’s life” at the same time! And so, my mining adventure began. The result? Haha, let me tell you all about it step by step!

Step 1: Preparing a Wallet – Traditional but Reliable
Before mining, you need a place to store your “loot,” right? So, I needed a Dogecoin wallet. I tried the official wallet from the website, but syncing the data was painfully slow—like watching a turtle crawl. I lost patience and gave up. Later, I discovered OKX’s WEB3 wallet, which was simple and user-friendly, so I went for it.
Creating the wallet was straightforward: download the OKX app, open the WEB3 wallet, set a password, and then—bam!—12 English words popped up. These are the legendary “seed phrase.” Don’t underestimate these 12 words—they’re the lifeline of your wallet! I opted for a manual backup, scribbling them down in a notebook and hiding it in a “secret base” at home where no one could find it. Sure, it sounds pretty “old-school,” but safety first—who’s going to hack my notebook, right? Haha!
After backing up the seed phrase, there was a little test where I had to pick out 3 of the words to verify I didn’t mess up. Once that was done, I successfully added Dogecoin to my wallet, copied the wallet address, and got ready to dive into mining!

Step 2: Downloading Mining Tools – Turning into a “Tech Geek”
With the wallet ready, the next step was downloading mining software. I included a GitHub link in my blog (smart move, I know), clicked it, found the latest 64-bit installer, downloaded and unzipped it. Inside the folder was a file called “mine_eth.bat.” I renamed it, then right-clicked to edit it, replacing the code inside with one tailored for Dogecoin mining.
In the code, I plugged in my wallet address and came up with a “miner name.” Inspired, I chose the bold and catchy “JennyTheDogeMiner”—instantly feeling like a pro miner! After saving and double-clicking to run it, the mining interface popped up, and my ASUS laptop (with an RTX 4060 GPU) officially started buzzing away at mining!

Step 3: Calculating Profits – How Much Dogecoin Did I Mine?
After mining for a while, I couldn’t wait to check my results. I opened a mining progress tracking website, pasted my wallet address, and the result showed: I’d mined 0.016 Dogecoins! Hmm, it didn’t seem like much, but it was the fruit of my “hard labor,” so I felt a little proud.
Next, I did some math. From 10:28 AM to 3:28 PM, I mined 0.012 coins in 5 hours, averaging 0.0024 coins per hour. Over 24 hours, that’s 0.0576 coins a day. With Dogecoin priced at $0.33, I couldn’t help but laugh—this income wouldn’t even buy me a lollipop!

Step 4: Cost Analysis – Am I Making or Losing Money?
Hold on, profit isn’t just about income—you’ve got to factor in costs. My RTX 4060 has a power consumption of about 80 watts. Over 24 hours, that’s 80 × 24 = 1920 watts, or 1.92 kWh. At China’s electricity rate of 0.6 RMB per kWh, that’s 1.15 RMB per day in electricity costs. My income was 0.14 RMB – 1.15 RMB = -1.01 RMB. Wait, what? I’m losing 1 RMB a day? What a “great deal”!
It gets worse: the mining tool requires a minimum of 30 Dogecoins to withdraw. At my pace, 30 ÷ 0.0576 ≈ 520 days. That means my laptop would have to mine non-stop for a year and a half to cash out. By then, my laptop would probably have “died young,” haha!

Conclusion: Mining Dogecoin? Just Buy It Instead!
After this “mining experiment,” I reached a conclusion: mining Dogecoin with a home laptop is a total “lose-lose” situation. The hash rate is low (my 27-30 MH/s can’t compete with the big players’ 100+), electricity costs are high, profits are tiny, and I’d have to worry about my laptop overheating and breaking down. 520 days to withdraw 30 coins? That’s “turtle race” efficiency!
So, if you’re bullish on Dogecoin, just buy some and hold it—time your sale right, and it’s way more practical than mining. Of course, if you’ve got professional mining rigs, cheap electricity, and a legal mining setup abroad, that’s a different story.

That’s it for this edition of my “Tearful Mining Journey.” I’m Nika, a Dogecoin enthusiast who loves to tinker!