Dogecoin token supply: how new DOGE is created
Dogecoin has no maximum supply: each block pays miners a fixed reward and the inflation rate falls as the supply grows. Verify it on a block explorer.
Vahe HakobyanEditor-in-chief
Updated Oct 6, 20263 min readFact-checked
Dogecoin has added new coins with every block since it launched on December 6, 2013, and its supply has no cap. You can see how that works with a browser and a block explorer you trust.
What Dogecoin supply means
Dogecoin was created by Billy Markus and Jackson Palmer as a joke about wild cryptocurrency speculation. Its supply is uncapped, so new coins are added forever to keep the network running. Blocks arrive about every 60 seconds, and each one pays a fixed reward. Bitcoin cuts its issuance through halvings, while Dogecoin does not.
How to trace Dogecoin issuance
Miners receive newly issued DOGE as payment for processing blocks. Dogecoin's developers say merged mining lets miners secure Dogecoin and a Scrypt network such as Litecoin at the same time. The inflation rate falls over time because the same fixed reward spreads across a growing supply.
- 1Open a block explorerPick a well-known explorer that lists block height, block reward and total supply.
- 2Find the latest blockThe newest block shows the reward paid to the miner who found it.
- 3Read the block rewardConfirm it is a set amount, not a random or shrinking value.
- 4Check the miner payoutThe explorer lists the address that received the newly created DOGE.
- 5Note the total supplyThis figure grows with every block and has no ceiling.
After you check the supply
Reputable explorers pull data from the Dogecoin network, while random websites can show stale numbers. Write the figures down with the date you checked them.
Frequently asked questions
Yes, in theory. In March 2014 the reward moved from a random amount to a static one. A change today would need the network to adopt new rules.
The protocol does not destroy coins as part of its issuance. Sending DOGE to an address nobody controls is not part of the supply rules.
No company controls them. The rules live in the open source protocol, and miners and node operators choose which software to run.
It falls over time because the same fixed reward spreads across a growing supply. A block explorer shows the latest figure.
