Dingocoin (Dingo) is rising as a challenger for established players like Bitcoin (BTC) and Ethereum (ETH). The cryptocurrency was created as a fork of Dogecoin, but has several distinct features that make it different from its predecessor, such as fast and low-cost transactions.
You can earn Dingocoin by mining it solo, but a more efficient way is to join a mining pool, such as that offered by EMCD. This article delves into the benefits of using EMCD’s mining pool, how to store Dingocoin, and how to choose the right Dingo wallet.
How to Earn Dingo Using EMCD Mining Pool
EMCD is among the top 10 mining pools in the world. It allows the mining of multiple currencies, including BTC, ETH, and Dingo. Instead of solo mining, which requires high computational power and is very slow, EMCD’s pool allows you to combine computing power with other miners and share rewards.
Joining EMCD’s mining pool is easy and straightforward. Just do the following:
- Create an EMCD account on the company’s website
- Connect your hardware and select a crypto wallet for receiving your coins
- Withdraw your crypto once the minimum payout threshold is reached
The coins that you earn can be withdrawn daily to a wallet of your choice. There are several types of Dingocoin wallets available, which can be used to receive your coins.
What is a Dingocoin Wallet?
A Dingocoin wallet is an electronic application that stores the private keys needed to access and manage Dingo. Without it, owning Dingocoin would be like having cash without a safe place to keep it.
Types of Dingocoin Wallets
There is a wide range of Dingo wallets to choose from. All of them are non-custodial, which means that users have full control of their private keys.
- Browser wallets – Accessed via a browser. Available for Chrome and Brave
- Mobile wallets – Accessed using a phone. Komodo and Flip are the two mobile wallets that are offered
- Desktop wallets – Installed on a PC or laptop. Linux and Windows users can download a desktop wallet directly from its website, while Mac users have to use Komodo
- Hardware wallets – wallets like Cypherock X1 ensure that coins are stored safely in a secure environment
If you plan to buy or sell cryptocurrency frequently, mobile wallets are an ideal choice.
Benefits of Using EMCD
EMCD is widely recognized because of its key features that make it stand out from other mining pools. The platform provides daily payouts for its users, offers 24/7 live customer support in different languages, is secure, and has lower pool fees.
Joining the EMCD mining pool allows cryptocurrency miners to combine resources for faster, more efficient mining while sharing rewards. Using EMCD together with a secure Dingocoin wallet will enable you to maximize your mining efficiency and safely store your earnings.