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Dogecoin (DOGE) mining has become profitable due to the increase in the cryptocurrency's market value. The most profitable ASIC for mining DOGE is the Bitmain Antminer L9 17.6Gh, which generates net profits of approximately $57 per day.
DOGE mining profitability is calculated by taking into account factors such as the mining equipment's processing power, energy consumption, and energy cost. Net profitability is obtained by subtracting energy and maintenance costs from the total daily income.
In September 2024, the most profitable DOGE ASIC generated only $13 per day, which shows a significant increase in DOGE mining profitability in recent months.