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Dogecoin isn’t just for memes or Elon Musk anymore—it’s getting a presidential push. Thumzup (TZUP), a company backed by the Trump family, just announced it’s buying Dogehash Technologies with plans to become the biggest Dogecoin mining operation in the world.
Good to know
The idea of a Trump-linked company leaning into Dogecoin mining adds extra buzz to an already hyped coin. With crypto fans watching every Trump move, the Thumzup deal signals real ambition—this isn’t a side project, it’s a complete pivot.
Thumzup started as a digital marketing platform, but this deal flips the script. By taking over Dogehash, the company inherits world-class mining expertise, access to renewable power, and cutting-edge Scrypt miners—hardware that powers both DOGE and LTC networks.
CEO Robert Steele said:
“This accelerates our evolution from a digital marketing platform into a diversified digital asset infrastructure and treasury company. Dogehash brings world class mining expertise, low cost renewable power and access to cutting edge Scrypt miners.”
Dogecoin might have started as a joke, but its fast transactions and low fees make it attractive for payments and micro-rewards. Litecoin offers similar speed and stability, and both run on the Scrypt algorithm, meaning Dogehash’s hardware can mine both coins side by side.
Steele said:
“Our vision is not only to mine Dogecoin and Litecoin efficiently but also to explore utility driven use cases that leverage Dogecoin’s fast settlement and low fees for everyday payments and rewards.”
Once the deal closes by the end of 2025, Thumzup stock will switch to the ticker XDOG. The name leaves no doubt about where the company is heading—straight into the heart of Dogecoin culture.