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0 pointstlrobinson12y ago0 comments

That's the value of the Dogecoins being mined every day:

Total block rewards per day: 1440 * 500,000 = 720,000,000 doge

Current exchange rate: 1 doge = US$0.0017 (http://dogecoin.com/)

Total block rewards in USD per day: 720,000,000 * 0.0017 = $1,224,000

0 comments

That would make sense if every miner immediately sold every coin he/she mined.

Miners have to pay for electricity and hardware. I doubt they're doing that with Dogecoins.

Doge had been the most profitable altcoin to mine several times in the past couple months.

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