Re:My run-in with unauthorised Litecoin mining on AWS
by freehunter on Monday December 16, 2013 @10:39AM
(#6915348)
My guess: the difficulty is low enough that it's profitable to mine dogecoin and flip it for Bitcoin or Litecoin. I know a lot of altcoin miners do this, and there are some pools (middlecoin) that are geared towards this.
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Re:My run-in with unauthorised Litecoin mining on AWS
by Bootvis on Monday December 16, 2013 @10:54AM
(#6915477)
I'm even more amazed that there is demand for dogecoin then. I see the value of LTC and others but what is the USP of dogecoin?
Re:My run-in with unauthorised Litecoin mining on AWS
by mjhoyer on Monday December 16, 2013 @11:21AM
(#6915695)
It was created as a joke altcoin, but some people actually desire it. Most likely to flip it, or just to say they own some.
Re:My run-in with unauthorised Litecoin mining on AWS
by SectioAurea on Monday December 16, 2013 @07:42PM
(#6918958)
The doge brand is the USP. Most LTC clones are already largely undifferentiated, so this is actually a strong contender given it's technically almost identical to the rest.