Dogecoin Sees Sudden Positive News: SEC Rules That PoW Mining Is Not a Securities Issuance

On March 20, 2025, the U.S. Securities and Exchange Commission (SEC) issued a statement clarifying that mining activities based on the Proof-of-Work (PoW) mechanism by independent miners and mining pools do not involve U.S. securities law. This means that the traditional financial sector has further clarified the nature of PoW-based cryptocurrencies. This clarification also allows PoW coins to avoid securities regulation and corresponding compliance costs, which gives investors a greater sense of security and more freedom to invest in PoW coin projects. It also implies that ETFs for LTC and DOGE will be more likely to pass regulatory approval in the future due to fewer regulatory barriers and greater certainty.

Cryptocurrencies based on the PoW mechanism have shown a decline in the past two years, which is closely related to the user frenzy for memecoins and the preferences of investors. Memecoins have been typical for short-term profit-making investments in the past two years. For example, the TRUMP coin may soar or crash severely depending on the public sentiment. In contrast, PoW coins are considered to generate profits too slowly.

However, the PoW coin model, which is based on computational power competition, is highly consistent with the principle of decentralization in cryptocurrencies. Take Dogecoin as an example. Dogecoin miners are distributed across more than 68 countries worldwide, and its computational power share in the top ten mining pools is actually less than 35%. This widespread distribution forms a natural censorship resistance. Therefore, during the Russia-Ukraine war, the volume of cross-border payments using Dogecoin in Eastern Europe surged by more than 42 times.

As a cryptocurrency that is both a PoW coin and a memecoin, Dogecoin seems to benefit from both sides. In 2024, the number of on-chain transactions of Dogecoin had already reached 3.2 times that of Bitcoin. Its strong cultural value has surpassed the technical value commonly associated with PoW coins. It not only has the advantages of decentralization and mild inflation of PoW coins but can also increase its value through community culture and public sentiment effects.

For such a high-potential stock, mining is also a great investment method. BITMARS recommends the ANTMINER L9/L7 to you. These two mainstream DOGE ASICs support simultaneous mining of DOGE and LTC, and some mining pools also support the L9/L7 mining additional coins like BEL, making these machines the perfect choice for your investment in DOGE and LTC.

Using the ANTMINER L9 16GH for mining, the daily yield is approximately 124 DOGE and 0.03366 LTC. Using the ANTMINER L7 9.5GH for mining, the daily yield is about 74 DOGE and 0.01999 LTC. These two DOGE ASICs are among the most profitable ASICs currently available, and their payback periods are also quite favorable.

Welcome to consult our sellers for the most suitable DOGE ASIC and trading methods for you! We have warehouses in HK, US, Dubai, and Moscow, with a large inventory of spot/futures from brands such as ANTMINER available for shipping from multiple countries and can assist with customs declarations at the delivery location.

Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.

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