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What is Dingocoin (DINGO)? How to Mine Dingocoin (DINGO)?
2025-03-08 10:29

In the early years, Litecoin and Dogecoin achieved shared mining through “binding” to merged their hashrate and assist each other, eventually both entering the top twenty in global crypto market cap. This model not only brought more stable hashrate and security to both but also provided a blueprint for the development of subsequent Scrypt algorithm projects, becoming a classic case in the industry.

 

Since Bellscoin announced its entry into the LTC and DOGE camp in 2024, becoming the third project under the Scrypt algorithm to support merged mining, more projects have started to follow suit. LKY, PEP, JKC, and others have joined in, attempting to leverage the influence of LTC and DOGE to gain exposure and acquire larger hashrate protection. The current trend shows that merged mining has become an important development direction in the Scrypt ecosystem, attracting increasing attention from miners and investors.

 



Another project entering the scene is Dingocoin (DINGO), which also supports merged mining with LTC, DOGE, and other Scrypt coins. Let’s explore this project further.

 

What is Dingocoin (DINGO)?

Introduction

DINGO positions itself as the first Layer 1 public chain for PoW + MEME. According to the DINGO whitepaper, the project was created on April 1, 2021, and was launched on Bitcoin Forum on April 12 of the same year. As a fork of Dogecoin, DINGO maintains consistency with Dogecoin on certain rules, such as a 1-minute block time and no maximum supply. However, Dogecoin’s TPS (transactions per second) is 33, meaning it typically can only process 33 transactions per second. As one of the most popular cryptocurrencies globally, Dogecoin’s network occasionally experiences congestion. In fact, it is not only Dogecoin; many of its forked coins currently maintain the same 33 TPS.

 

Dingocoin roadmap

Dingocoin roadmap

 

To address network congestion and better support global payment applications, DINGO has increased its TPS by 10 times on the test network, reaching 330. The official announcement states that the main network will undergo the same upgrade later this year to further improve transaction processing capacity and system adoption, making it more suitable for micro-payments, tipping, cross-border transactions, and large-scale retail operations.

 

Dingocoin’s Tokenomics

DINGO is a fair-launch project with no pre-mining or internal allocation. All coins are generated through PoW mining. Currently, the block reward is 10,000 DINGO. With a block time of just 1 minute, this results in an annual supply of 5.256 billion DINGO. Based on a circulating supply of 112.2 billion DINGO, the annual inflation rate is approximately 4.68%.

 

How to Mine Dingocoin (DINGO)

Although the number of mining pools publicly supporting DINGO merged mining is still limited, data shows that its network hashrate has reached 2.24 PH/s, which is very close to the current hashrate levels of Litecoin and Dogecoin, indicating that many large institutions have begun to enter the market. As a miner with Scrypt algorithm mining rigs, not choosing a pool supporting DINGO merged mining at this moment would be a missed opportunity.

 


ViaBTC announced on March 6 2025, that it will support DINGO merged mining and launched a 30-day zero-fee mining event. Combined with the Scrypt algorithm merged mining coins already online, ViaBTC now supports the simultaneous mining of 7 coins: LTC, DOGE, BELLS, LKY, PEP, JKC, and DINGO. Miners only need to connect their mining rigs to their ViaBTC accounts, without needing to bind wallet addresses or perform any additional settings. By selecting either the PPS+ or PPLNS, miners can easily earn mining rewards from all 7 coins: LTC, DOGE, BELLS, LKY, PEP, JKC, and DINGO.

 

Miners who mine DINGO on ViaBTC will receive payouts every 2 hours, directly credited to their accounts. For detailed tutorials on mining DINGO at ViaBTC, please refer to the “LTC Merged Mining Coins Mining Tutorial

 

About ViaBTC

Founded in May 2016, ViaBTC has provided mining services to over one million users across 150+ countries and regions, supporting more than twenty types of cryptocurrencies, including BTC, LTC/DOGE, and KAS. With total mining output surpassing several billion dollars, ViaBTC ranks among the top three BTC mining pools and is the number one LTC mining pool globally.

 

As a pioneer in the cryptocurrency industry, ViaBTC is committed to a user-first philosophy, offering a secure, stable, and efficient mining experience to global users through robust technology, reliable products, comprehensive tools, and efficient customer support.