the dogecoin survival guide

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THE DOGECOIN SURVIVAL GUIDE The Complete Guide to Dogecoin By: Clay Michael Gillespie reddit.com/u/crash__bandicoot v 1st Edition almost

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The Almost Complete Guide to Dogecoin (1st Edition) By Clay Michael Gillespie /u/crash__bandicoot

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Page 1: The Dogecoin Survival Guide

THE DOGECOIN

SURVIVAL GUIDEThe Complete Guide to Dogecoin

By: Clay Michael Gillespiereddit.com/u/crash__bandicoot

v

1st Edition

almost

Page 2: The Dogecoin Survival Guide

The Dogecoin Survival Guide The Almost Complete Guide to Dogecoin

1st Edition

Published Independently 6/4/2014

Clay Michael Gillespie

Information for this guide was provided by Dogecoin.comDogecoin Wiki

Reddit.com/r/DogecoinReddit.com/r/DogeducationReddit.com/r/Dogemining

Contributing writers

AesariumHjras

Page 3: The Dogecoin Survival Guide

FORWARDWhen I first joined the Dogecoin community, it was through Reddit. For years I had silently watched digital currency, specifically Bitcoin, from the sidelines while I waited for my moment to jump into the mix. I was always intrigued by the idea of a transparent, global currency but I never knew how to get involved.

One day, after the infamous Mt.Gox collapse, I decided to take a leap into digital currency head first by buying Bitcoin through Coinbase.com and exchanging it for Dogecoin. There was a major flaw in the system though. The process was far too complex for the average person to get involved. I had no direction and no idea how to navigate the confusing concepts of digital currency as a whole. I took it upon myself to learn this world. Once I understood the complexity of the process, I made it my mission to translate that process to new users of Dogecoin. My mindset was this: the more people that understand how to use Dogecoin, the better my investment will be.

I would scour reddit.com/r/Dogecoin/new, trying to be the first person to answer questions throughly from new and confused members; attempting to make a name for myself in my beloved little corner of the internet. After doing this for months, I was able to create FAQ guides that I could simply copy/paste into the comment section. This sped up the process immensly and made my job much easier.

Now, I’ve moved forward with my community activity. I’m a moderator of reddit.com/r/dogeducation, a subreddit devoted to teaching users and answering questions about Dogecoin. It’s a “customer service” role that’s desperately needed.

Today I still do my best to answer questions as quickly as possible. However there’s a need for a guide to exist when I’m not around. Other users have done a great job of being proactive, and reddit.com/r/dogeducation is a phenomenal resource, but a compiled guide is also needed.

This guide will grow with revisions as time goes on, but the goal is for it to be a resource for any users lost in the confusing world of crypto. As you thumb through this guide I encourage you to take notes for the 2nd Edition and reach out to me on reddit.com/r/DogecoinSurvivalGuide. Thank you.

Clay Michael Gillespie

Page 4: The Dogecoin Survival Guide

USING THIS GUIDEThis guide is for everyone.

When someone is asking questions, sometimes short answer don’t cut it. This guide is for confused users walking through the Dogecoin process. Education is the key to the success of this digital currency.

If you’re confused along the way in the Dogecoin process, please feel free to consult the most recent edition of “The Dogecoin Survival Guide” to help you find your answer.

Each page of this guide will be avaliable for use separately. If you happen to come across a user seeking information that’s included in this guide, you’re free to include the relevant page in your answer.

As said in the forward, the 2nd Edition of “The Dogecoin Survival Guide” will be hosted at reddit.com/r/DogecoinSurvivalGuide. Formulation of this guide will come from a crowdsourced effort.

Page 5: The Dogecoin Survival Guide

TABLE OF CONTENTSWhat Is Dogecoin? 2Getting Dogecoin 3Storing Dogecoin 4Using Dogecoin 5Dogecoin Payment 6Tipping Dogecoin 7Mining Dogecoin 8 CPU 9 GPU 11Conclusion 13Credits 13

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Page 6: The Dogecoin Survival Guide

WHAT IS DOGECOIN?Dogecoin is a fun, new and rapidly growing form of digital currency.

Dogecoin is a fun, new and rapidly growing form of digital currency. This form of digital currency is called “cryptocurrency”; a type of digital currency.Cryptocurrency is completely anonymous, decentralized, and extremely secure.

Dogecoin is used with a wallet on your computer, your smartphone, or a website. You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars).

One of the most popular uses for Dogecoin is “tipping” fellow internet-goers who create or share great content. Think of it as a more meaningful “like” or upvote, with real value that can be used all across the internet.

“Doge” is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and it represents Dogecoin.

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Official introduction from Dogecoin.com

Page 7: The Dogecoin Survival Guide

GETTING DOGECOINSeeing as Dogecoin is a currency, you need some to spend some. Exchange some of your current currency at these places to get started.

Debit/Credit Card/Paypal

- WeSellDoges.com- LocalDogecoin.com- VaultOfSatoshi.com- Coinsachs.com- Bittylicious.com (Europe Only)

You can easily buy Dogecoin with Debit/Credit Card/Paypal. It's a bit of a markup, but you can't beat the convenience. Be smart, and only work with reputable sellers!

For some of these, you may have to verify your identity first for legal purposes, so make sure you follow all the rules and regulations.

You can also trade USD, EUROS, or other digital currency for DOGE on markets, similar to stock markets. You can watch the current buy and sell orders as time goes on and study the charts.

When buying, the standard is to buy at or below market price. When selling, the standard is to sell at or above market price.

Markets

- ANXPRO.com- Kraken.com- AltQuick.com- Mintpal.com- BTER.com

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Page 8: The Dogecoin Survival Guide

STORING DOGECOINYou need somewhere to keep those coins! Check out the software to download below.

Personal Computer Wallet

Offline wallets are by far the safest way to keep your currency. With digital currency, no one controls your money except you. Download the official software and store your DOGE safely and securely.

After downloading the wallet of your choice, make sure you back up your files on a USB drive or external hard drive. After you back it up, never delete the wallet.dat file!

The Dogecoin wallets are avaliable in two formats. Visit Dogecoin.com for directions to download.

Mobile Wallet

- Windows- Macintosh- Linux

- Android- IOS

The IOS app can only view wallets, not send DOGE

You can also store your coin in online wallets for ease and quick access. It is an option, and sometimes a trusted option, but you no longer hold the safety in your own hands. Be as safe as you can!

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Page 9: The Dogecoin Survival Guide

USING DOGECOINPlenty of places accept Dogecoin as payment. If you find one that doesn’t, check out eGifter to buy an in-store gift card with DOGE!

Full Business Directory http://www.reddit.com/r/dogecoin/wiki/shop_with_dogecoin

This is only a short list of the businesses that accept Dogecoin. For the full list, visit the directory above.

- eGifter.com- Suchlist.com- TheCryptoDepot.com- Reddit.com/r/dogemarket- Reddit.com/r/dogecoinbusiness- CryptoForPeppers.com- The Iron Rail Diner (Maryland, US)- MeltdownComics.com- BitElectronics.net

- NolaVape.com- WoodWallets.io- PokerShibes.com- Onarbor.com- HumbleDoge.com- Experiment.com- Element7Style.com- PachaCacao.com- SaltsWorldwide.com

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Page 10: The Dogecoin Survival Guide

DOGECOIN PAYMENTSending Dogecoin is incredibly easy. That’s one of the largest benefits of digital currency. It costs a fraction of a cent and sends in minutes.

Sending Dogecoin

Option One- Copy and paste the desired address that you want to send DOGE to - Type in desired amount to send- Send

Option Two- Scan a QR Code- Type amount- Send

Disclaimer:Both the wallet addressand QR Code examples belong to the author’s wallet

Think of an Excel spreadsheet. This represents the “blockchain”. Every wallet addresss has a cell devoted to the amount of Dogecoin inside. When a user sends Dogecoin to another wallet address, the cells adjust to reflect their new balance.

Example of wallet addressDSFDQ4fDCGLsFcDBAXx2a1x8TRCxttqw7J

The blockchain tracks and confirms any and all transactions. Explore the Dogecoin blockchain at dogechain.info.

When recieving Dogecoin, all the user has to do is provide their public address. Other users can then send money to the address and the blockchain will confirm the transaction.

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Page 11: The Dogecoin Survival Guide

TIPPING DOGECOINTo send and recieve Dogecoin via Twitter, Facebook and Reddit, you need to set up a wallet with each “tipping bot”. This wallet will hold your coins, and send them to another user if commanded.

Reddit - /u/dogetipbot

To begin:- Send /u/dogetipbot a PM- Type +register- Send

OR

To accept a tip (first time):- Send /u/dogetipbot a PM- Type +accept- Send

To send money- Type “/u/dogetipbot ## doge”- Send

Visit /r/dogetipbot for questions

Twitter - @tipdoge

To begin:- Go to tipdoge.info- Log in with Twitter- Finish

To send money:- Type @tipdoge tip @user ##- @tipdoge tip @user ## doge

To withdraw money:- @tipdoge withdraw (address)

Facebook - Doge Tip App

To begin:- Search “The Doge Tipping App”- Connect with Facebook

To send money:- Comment “Give ## doge to @your_friend_name [insert message]”

Visibility restrictions apply!

Tips will fail and will not be logged under the next circumstances:- You’ve specified on your Facebook security settings that you don’t want to be tagged.- You’re tagging someone that doesn’t want to be tagged.

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Page 12: The Dogecoin Survival Guide

MINING DOGECOINMining is how new Dogecoins are created. Mining uses the Scrypt key derivation algorithm to prove a Proof of Work, or a way to prove that you’ve actually mined what you claim you’ve mined. Mining a block can be likened to cracking a password for that block (the process is very similiar).

There are two types of mining: Pool Mining and Solo Mining

Pool Mining is the easiest way to mine Dogecoin, as it combines the hashrate of every user in the pool to solve blocks. When a block is broken, the reward is split among the entirety of the pool. For a full list of Dogecoin pools, visit dogepool.com

Solo Mining is much harder, as your hashrate is incredibly low. But when you break through a block, you keep the entire reward for yourself. Make sure you have a very high hashrate before solo mining.

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Mining Pools (partial list)

- TeamDoge.com- DogecoinPool.com- Doge.Coinpool.de- Dogehouse.com

- Pool.Chunky.ms- DogeMining.net- NonStopMine.com- Doge.Northpool.ca

- Doge.st- Doge.Fairpools.com- WowMuchPool.com- DogeMine.org

- Dogefast.com- Coinking.io- TeamDoge.com- DutchDoge.nl

Page 13: The Dogecoin Survival Guide

MINING DOGECOINYou can mine with CPUs, GPUs and ASIC miners. However, each of them will require a different process. This guide is for PC. For Mac or Linux instructions, or for any other questions, visit reddit.com/r/dogemining.

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CPUCentral Processing Unit or the computer’s processor (for example: dual-core, i3, i5, i7, etc.)

CPU mining is dangerous for your computer if not done correctly and is not recommended. The difficulty has increased quite a bit. Mining with a CPU is not as profitable.

- Download the version of CPUminer that suits your needs- Open the text editor to set up the miner with your configuration (keep open while mining)- Type the following (explained on next page): minerd.exe --url=stratum+tcp://mining.website.com:3337 --userpass=username.minername:minerpassword --threads 2- Save this in the same directory as the extracted miner software as a batch file- Double click the batch file to start the miner

Written by /u/aesarium on reddit.comUnderstanding mining can be overwhelming. Please visit reddit.com/r/dogemining for additional help.

Page 14: The Dogecoin Survival Guide

MINING DOGECOINYou can mine with CPUs, GPUs and ASIC miners. However, each of them will require a different process. This guide is for PC. For Mac or Linux instructions, or for any other questions, visit reddit.com/r/dogemining.

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CPU - Text Editor Explanation

minerd.exe --url=stratum+tcp://mining.website.com:3337 --userpass=username.min-ername:minerpassword --threads 2

- [minerd.exe] (the executable file to run)- [url=stratum+tcp://mining.website.com] (configure the mining address to the following location)- [:3337] (on this port)- [userpass=username.minername] (configure the username to be your account name on the mining website, period, the name of the miner you set up under your account)- [:minerpassword] (use the password you assigned to your miner to make the connection for mining)- [threads 2] (configure the number of cores to use) (if it’s a quad core machine, you may want to use only 3)

Written by /u/aesarium on reddit.comUnderstanding mining can be overwhelming. Please visit reddit.com/r/dogemining for additional help.

Page 15: The Dogecoin Survival Guide

MINING DOGECOINYou can mine with CPUs, GPUs and ASIC miners. However, each of them will require a different process. This guide is for PC. For Mac or Linux instructions, or for any other questions, visit reddit.com/r/dogemining.

GPUGraphics Processing Unit or the computer’s graphics card (for example: Sapphire 7770 or MSI R9 290)

GPU Mining comes in all shapes and sizes. To find out which version of cgminer you need to download, visit Litecoin.info/Mining_Hardware_Comparison

Below is an example config file from the program cgminer for a GPU, model 7770 GHz Edition, FX-777A-ZNF4

- Download the version of CGminer that suits your needs- Open the text editor to set up the miner with your configuration (keep open while mining)- Type the following (explained on next page): cgminer.exe --scrypt -u username.minername -p minerpassword -o stratum+tcp://mining.website.address:3333 -I 14 -g 1 -w 256 --thread-concurrency 8000- Save as a batch file (runme.bat, for example) in the same folder as the cgminer.exe file is located- Double click cgminer.exe to begin

Written by /u/aesarium on reddit.comUnderstanding mining can be overwhelming. Please visit reddit.com/r/dogemining for additional help.

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Page 16: The Dogecoin Survival Guide

MINING DOGECOINYou can mine with CPUs, GPUs and ASIC miners. However, each of them will require a different process. This guide is for PC. For Mac or Linux instructions, or any other questions, visit reddit.com/r/dogemining.

GPU - Text Editor Explanation

cgminer.exe --scrypt -u username.minername -p minerpassword -o stratum+tcp://mining.website.address:3333 -I 14 -g 1 -w 256 --thread-concurrency 8000

- [cgminer.exe] (the executable file to run)- [scrypt] (this is the type of algorithm that is being used to mine the coin)- [u username.minername] (username period name of the miner you set up at the mining pool website)- [p minerpassword] (the password that you set up on the mining pool website for your miner)- [o stratum+tcp://mining.website.address] (the website you’re mining at)- [:3333] (the port you are connecting to for mining)- [I 14] (the intensity setting of the card)- {g 1] (the number of GPUs you’re using)- [w 256] (the work size limit for the card)- {thread-concurrency 8000} (setting that tells your graphics cards how many different tasks it can handle at once)

Written by /u/aesarium on reddit.comUnderstanding mining can be overwhelming. Please visit reddit.com/r/dogemining for additional help.

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Page 17: The Dogecoin Survival Guide

ConclusionPutting this 1st Edition of “The Dogecoin Survival Guide” together was challenging to say the least. Digital currency as a whole is confusing, but there’s room to grow. Digital currency will change and develop over time, which is why it’s important to continue research and compile it into the 2nd Edition.

If working toward building a better understanding of digital currency is something you’d like to be a part of, please head over to the following subreddit.

Reddit.com/r/DogecoinSurvivalGuide

This is a place where Dogecoin users can do what they do best: crowdsource and collaborate.

When you see a question arise regarding Dogecoin, please feel free to link this guide to them.

Together, we will help explain digital currency to everyone. Thank you for taking the time to read through this guide. Continue helping users wherever you see them.

Credits

Author Clay Michael Gillespie Reddit - /u/crash__bandicoot

Mining Information Aesarium Reddit - /u/aeserium

Small Icon Artwork Hjras Reddit - /u/hjras

Clay [Dogecoin] Clay [Bitcoin]

Aesarium [Dogecoin] Hjras [Dogecoin]

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Page 18: The Dogecoin Survival Guide