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Dogecoin was created by programmer Billy Markus from Portland, Oregon , who hoped to create a fun cryptocurrency that could reach a broader demographic than Bitcoin. Retrieved February 2, Australian Broadcasting Corporation. Dogecoin was initially to have a limit of billion coins, which would already have been far more coins than the top digital currencies were allowing. Markus based Dogecoin on an existing cryptocurrency, Luckycoin, [10] which features a randomized reward that is received for mining a block, although this behavior was later changed to a static block reward in March DogeCoin fetches percent jump in value in 24 hours". Approximately one month later, enough money was donated to cover all of the coins that were stolen.

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Several cases of using employer or university computers to mine Dogecoin have been discovered.

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The campaign succeeded, collecting donations from more than 4, donors, including one anonymous benefactor who donated 14,, Dogecoin approx. Retrieved December 22, Dogecoin was officially launched on December 6,

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