To Better Lock in Profits for 2025, DOGE Miners Should Focus on These Key Points!

In the past year of 2024, DOGE and LTC have created significant profits for miners. The most important factor was the substantial increase in coin prices. Additionally, during this year, some mining pools supported the joint mining of LTC with other coins such as BELLS, bringing miners considerable extra income. This year, with Trump’s inauguration, the approval of LTC and DOGE ETFs is also very likely to pass in the first half of the year. Once approved, it will bring unlimited potential profits to DOGE and LTC miners once again.

Therefore, as DOGE miners prepare for a significant leap in profits in 2025, they should focus on these three key points to ensure more stable earnings.

Firstly, you need to keep an eye on the approval dynamics of LTC and DOGE ETFs. If approved, it will inject more capital and liquidity into the market, driving up coin prices, similar to the effect of BTC ETFs. However, as seen with the muted market response to the ETH spot ETF, the impact may be limited. LTC miners should monitor these developments closely to adjust their investment strategies accordingly.

Secondly, given the popularity and volatility of Memecoins, LTC miners should track the price movements of merged mining coins, adjust their strategies,  choose suitable mining pools and trading tools, exchange profits in a timely manner, or make long-term investment decisions based on market trends.

Lastly, precisely because of the astonishing performance of DOGE and LTC in 2024, the global hash rate has also increased significantly. In 2024, the global hash rate of LTC increased by 120%, making mining competition more fierce. This can also be seen from the continuous emergence of new LTC ASIC manufacturers and new machine models in the market.

BITMARS recommends ANTMINER L9/L7 to you. These two mainstream DOGE ASICs support the simultaneous mining of DOGE and LTC, among which LTC is seen as the cryptocurrency most likely to pass through ETFs this year. In addition, some mining pools also support L9/L7 to mine more currencies such as BEL at the same time, so these two machines are your top choice for investing in DOGE.

Taking the current DOGE price of $0.25 and LTC price of $135 as an example, using the ANTMINER L9 16GH  for mining, the daily output is approximately 124 DOGE, worth about $31; and 0.03366 LTC, worth about $4.5. Using the ANTMINER L7 9.5GH   for mining, the daily output of DOGE is worth about $19, and LTC is worth about $2.7.

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.

BITMARS is an internationally renowned crypto miner trading company. We provide comprehensive, professional, timely, and cost-effective miner purchasing and hosting services to maximize your wealth!