What is Shibacoin (SHIC)? How to Mine Shibacoin (SHIC)

Dogecoin and Shiba Inu are often compared to users. However, their basic structures differ significantly: DOGE is a blockchain layer 1 based on a consensus mechanism for proof of work, while the Shib is a token ERC-20 issued to Ethereum. In 2024, inspired by the unique properties of DOGE and SHIB, developers created a new cryptocurrency – Shibacoin (SHIC).

This article provides a detailed overview of Shibacoin (SHIC), including its background, mechanism of token distribution, earnings potential and mining methods aimed at helping miners and investors to gain a comprehensive understanding of SHIC mining.

What is Shibacoin (SHIC)?

In 2025, a specialized member of the DOGE Shibacoin (SHIC) community (SHIC) for the Shibu Inu enthusiasts and a wider crypto community created. SHIC uses the same SCRYPT algorithm as DOGE and is a cryptocurrency layer of 1 -based Pow mining. Its aim is to replicate the joyful and inclusive atmosphere of the DOGE community in integrating merged mining (AUXPOW) and scalable tokenomics.

Shibacoin can be considered a DOGE fork due to its similar technical foundations. It lacks liquidity funds, black wallets and complex intelligent contracts, which allows everyone to freely operate the nodes to maintain the network. In addition, SHIC supports merged mining with LTC and DOGE.

Mechanism of distribution of token of shibacoinin

Shibacoin, like Doge, accepts the mechanism of fair triggering without preliminary physical, ICO or developers, allowing all equal mining opportunities to all. Unlike DOGE, however, the SHIC has a half -halved plan consisting of six halves. The first five halving occurs every 100,000 blocks, while the sixth directly reduces the block rewards to 10,000 shic. A detailed plan of half is as follows:

• Blocks 1–99 999: Reward 500,000 SHIC
• Blocks 100,000–199 999: Reward 250,000 SHIC
• Blocks 200 000–299 999: Reward 125,000 SHIC
• Blocks 300 000–399 999: Reward 62 500 Shic
• Blocks 400 000–499 999: Reward 31 250 SHIC
• Blocks 500 000–599 999: Reward 15 625 SHIC
• Blocks 600,000 and Further: Reward 10,000 SHIC

After the block rewards, it will be reduced to 10,000 SHIC, the inflation model becomes similar to DOGE and adds approximately 5.256 billion SHIC annually. The annual inflation rate remains below 5.4% and gradually decreases every year, which provides sustainable incentives and controlled inflation.

Shic mining earnings

Since July 4, 2025, SHIC has undergone two halves, with more than 80 billion SHIC mined and the current basic block reward of 125,000 SHIC. The next half is expected around 23 July 2025 and the final reduction to 10,000 SHIC per block is expected to be 17 February 2026.

Currently, SHIC is in early mining phase and offers higher rewards for blocks and provides miners with greater earnings potential in this period.

According to Cinex, the Shic price has increased by 10%over the last two weeks, with a market limit of approximately $ 1.5 million. The daily production of Shic costs around 180 million chips, which corresponds to about $ 3,000 per day, which is located among the popular LTC merged mining coins.

How to benefit Shibacoin (Shic)

Shibacoin uses the same SCRYPT algorithm as Litecoin (LTC) and supported merged LTC mining from block 24,000. Viaibtc, the world’s leading LTC/DUGE mining pool, currently supports merged mining for LTC, DOGE, Bells, Lky, PEP, JKC, Dingo and SHIC. The miners simply combine their LTC mining trains to their ViabTC accounts without needing further configurations of the wallet. PPS+ and PPLNS mining modes offer other merged rewards for mining.

The ViabTC sets up Shic earnings every two hours, offers COINEX free selections and allows you to convert to USDT. Miners can easily download SHIC to COINEX for trading or manually or automatically convert to USDT to ViabTC, ensuring flexible and comfortable operations.

For a detailed ViabTC mining guide, see Shic mining guide.

Merged mining does not include any additional costs and timely mining provides higher rewards. Start mining SHIC on Viabtc today: https://www.viabtc.com/

Responsibility: This is a paid post and should not be treated as news/council.