In the world of meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) have become two of the most recognizable names. However, while they share a community-driven culture, their technical foundations are vastly different: DOGE is a Layer 1 blockchain based on Proof-of-Work (PoW), whereas SHIB is an ERC-20 token on Ethereum.
Inspired by the strengths of both, a new cryptocurrency was born in 2025 — Shibacoin (SHIC). SHIC blends the community spirit of DOGE with a more modern and sustainable tokenomics model, offering real mining potential through a fair and transparent system.
In this article, we’ll explore what SHIC is, how it works, its mining model, and how you can start mining it today.
What Is Shibacoin (SHIC) ?
Shibacoin (SHIC) is a Layer 1 Proof-of-Work cryptocurrency launched in 2025 by a member of the DOGE community. It uses the Scrypt algorithm, making it compatible with Litecoin (LTC) and Dogecoin (DOGE) mining equipment.
Key Features:
- Built on Scrypt PoW algorithm
- Decentralized and permissionless — anyone can run a full node
- Supports Auxiliary Proof of Work (PoW) (AuxPoW) — enables merged mining with LTC and DOGE
- No pre-mine, no developer allocations, no blacklist addresses
- No liquidity pools or smart contracts — clean and secure infrastructure
SHIC can be considered a technological fork of DOGE, with improvements focused on inflation control and fair mining incentives.
SHIC Token Distribution and Halving Schedule
Like Bitcoin, SHIC adopts a scheduled halving model to control inflation and reward early miners. All tokens are generated through mining — there are no pre-mined coins, ICOs, or dev reserves.
SHIC Halving Schedule:
| Block Range | Block Reward (SHIC) |
|---|---|
| 1 – 99,999 | 500,000 |
| 100,000 – 199,999 | 250,000 |
| 200,000 – 299,999 | 125,000 |
| 300,000 – 399,999 | 62,500 |
| 400,000 – 499,999 | 31,250 |
| 500,000 – 599,999 | 15,625 |
| 600,000 and beyond | 10,000 |
Long-Term Supply Model:
- Annual supply stabilizes at ~5.26 billion SHIC
- Long-term inflation rate drops below 5.4%
- Predictable, controlled issuance encourages sustainable network growth
Mining Profitability of SHIC
As of July 4, 2025, SHIC has completed two halving events. The current block reward is 125,000 SHIC, with the next halving expected around July 23, 2025.
Mining Stats (2025):
- Daily emission: ~180 million SHIC
- Daily market value: ~$3,000
- Circulating market cap: ~$1.5 million
- Recent price growth: +10% over the past two weeks (source: CoinEx)
Thanks to high early-stage rewards and compatibility with existing Scrypt hardware, SHIC offers attractive profitability for miners.
How to Mine Shibacoin (SHIC)
SHIC supports merged mining with Litecoin and Dogecoin, allowing miners to earn multiple rewards using the same hardware — no need for new equipment or extra configurations.
Mining Algorithm:
- Scrypt (same as Litecoin and Dogecoin)
Recommended Mining Pool: ViaBTC
ViaBTC supports merged mining of several Scrypt coins, including:
- Litecoin (LTC)
- Dogecoin (DOGE)
- Shibacoin (SHIC)
- Luckycoin (LKY)
- Bells (BELLS)
- Pepecoin (PEP)
- Dingo (DINGO)
- JackpotCoin (JKC)
How to Start Mining SHIC:
- Sign up for a ViaBTC account
- Configure your miner to connect to the LTC pool (no SHIC-specific setup needed)
- Select your payout method (PPS+ or PPLNS)
- Start earning SHIC automatically through merged mining
- Payouts occur every 2 hours
Withdraw options:
- Withdraw SHIC to CoinEx (no withdrawal fee)
- Or convert directly to USDT inside ViaBTC
You only need to mine LTC — SHIC rewards are issued automatically alongside your primary mining earnings.
Why SHIC Has Long-Term Potential
Here are the key reasons SHIC is gaining momentum:
- Strong foundation with a clean, fair launch
- Technically sound: Scrypt-based, PoW Layer 1 blockchain
- Predictable halving and sustainable inflation model
- Early adoption phase = higher block rewards
- Available on CoinEx with growing liquidity
- Compatible with existing mining hardware
- Supports efficient merged mining with one configuration
If you’re already running Scrypt miners like Antminer L3+, L7, or LT6, SHIC offers an excellent opportunity to maximize earnings with no extra hardware investment.
Conclusion
Shibacoin (SHIC) is a promising new meme-inspired PoW cryptocurrency that combines the fun of DOGE with the sustainable economics of Bitcoin. It offers a fair launch, real mining incentives, and compatibility with the existing Scrypt mining ecosystem.
With high early-stage rewards, seamless merged mining, and growing exchange support, SHIC is a strong candidate for miners looking to boost profitability with minimal risk.
If you’re already mining LTC or DOGE, SHIC is the perfect way to earn more — with the same hardware.
