WHAT ROLE DOES DOGECOIN MINING PLAY IN INFLUENCING ITS PRICE?

Dogecoin mining plays a critical role in the functioning of the network and indirectly impacts its price. Like Bitcoin, Dogecoin uses a proof-of-work (PoW) mechanism, meaning miners validate transactions and add them to the blockchain in exchange for rewards—currently 10,000 DOGE per block. The number of miners and the overall hash rate affect t