At time of writing, the electricity costs to mine DOGE is at $8.22 per day and $7.22 per day to mine BTC, according to CoinWarz. But DOGE miners are profiting $12.94 daily compared to just $3.58 in profits per day for BTC miners – making the meme token over 261% more profitable to mine than the king crypto.
DOGE is the second most profitable token to mine, according to CoinWarz.
The most profitable token to mine is Verge (XVG), which is paying miners $33.38 in profits daily after $8.22 electricity costs. Bitcoin Cash (BCH) ranks as the fifth most profitable token to mine at $3.36 daily profits. Litecoin (LTC) ranks sixth at $1.80 per day in mining profits.
Meanwhile, Ethereum Classic (ETC) and Monero (XMR) are losing miners money, running in the red at $0.26 and $0.32 per day, respectively.
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