Dogecoin Mining Firm Merges with Coeptis, Stock Drops 0.158%

Dogecoin's latest price was $0.1819, down 0.158% in the last 24 hours. In recent Dogecoin news, Z Squared DOGE mining firm announced a surprising merger with the biopharmaceutical company Coeptis Company. This merger will result in a new entity that will continue mining operations, while Coeptis’ pharmaceutical division will operate as a separate entity. The merger is expected to close in the third quarter of this year, creating a mining company with over 9,000 mining rigs specifically designed for Dogecoin mining. This development has caused excitement within the community and has led to changes in leadership, with David Halabu becoming the new CEO. The merger is also expected to be very expensive, leading the final entity to go public. The Z Squared CEO stated that going public will provide broader access to capital markets to fuel the growth of mining operations and pursue additional strategic opportunities. The merger has not been favorable for Coeptis, as its stock value has decreased significantly.

The mining process of Dogecoin is similar to that of Bitcoin, as Dogecoin is a parody of the prime crypto. This mining process involves miners completing an algorithmic problem to go to the next block. Such a mining method is called the Proof-of-Work consensus mechanism and gives the coins to whoever solves the block sooner. Although it started as a parody, Dogecoin has grown significantly since its launch, making it the eighth biggest cryptocurrency in the crypto market. With over $27 billion in market capitalization, this token is the biggest memecoin as well. Bitcoin mining is becoming more expensive every day, and the competitive scene for this sector makes it even more challenging. Because of this, some crypto mining firms have been looking to start mining altcoins like Dogecoin and Litecoin. One example is the Bitcoin mining firm BIT Mining, which expanded its operations to Dogecoin and Litecoin, resulting in triple the profits of Bitcoin mining.

As the cryptocurrency market has risen strongly since mid-April 2025, many new millionaires have been born in a short period of time. A new era of cryptocurrency has arrived, especially the rapid development of mining, which is becoming the focus of investors. This guide will give you a comprehensive understanding of the origin and evolution of blockchain technology, the important impact of digital currency on the global economic landscape, and the current hot market trends. At the same time, we will deeply analyze how to achieve cloud mining through remote monitoring and obtain stable income. Whether you are a novice who has just come into contact with cryptocurrency or a veteran with many years of experience, you can find practical methods and strategies in this guide to help you seize the opportunities given by the times and achieve wealth growth. Many Dogecoin holders have achieved daily earnings through cloud mining.

XY Miners is a cloud-based mining service that allows users to mine cryptocurrencies like Dogecoin and other altcoins without the need for expensive hardware or high electricity costs. By leveraging shared data centers powered by renewable energy, XY Miners eliminates the need for expensive hardware costs, high electricity bills, and maintenance burdens. The platform covers all operational expenses with no hidden charges. XY Miners supports a wide range of cryptocurrencies, including Dogecoin, and allows users to mine and withdraw in their preferred currency. User assets are protected through cold and hot wallet separation, end-to-end encryption, McAfee and Cloudflare protection, and 24/7 monitoring and support. XY Miners also offers a lucrative referral program, allowing users to earn up to $30,000 by inviting friends to join the platform. The company has demonstrated its commitment to green environmental protection and sustainable social responsibility through its environmentally conscious operations and community activities. As a leader in renewable energy-driven cryptocurrency mining, XY Miners exclusively utilizes solar, hydro, and wind power in its global data centers, significantly reducing the carbon footprint of blockchain technology. In addition to environmental stewardship, the company actively supports social impact projects, including donations to African renewable energy projects and digital literacy initiatives. By combining cutting-edge cloud mining technology with responsible business practices, XY Miners has set a new benchmark for how cryptocurrency businesses can drive profitability and promote positive earth change.