New Dogecoins are created to reward the miner who adds the latest block to the Dogecoin blockchain. 10,000 DOGE are created every time a new Dogecoin block is added. How many DOGE coins are left? Technically speaking, there’s an almost infinite amount of DOGE coins left. Unlike Bitcoin...
This dovetails into conversations around edge cases for why a miner would unprofitably farm a PoW coin (such as for virgin coins). At any rate, in 2011 when the price of bitcoin was around $10, a block reward (of 50 bitcoins) would be worth $500 (sans transaction fees). On average ...