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1.
Derived from snark(a word that comes from the combination of snide and remark) and schadenfreude.

snarkenfreude means not only do you enjoy someone else's suffering or mishaps but you quip--usually within the sufferer's earshot--snide comments at their expense.
"But Mr. Vice-President," asked the reporter, unable to dampen his snarkenfreude, "doesn't a pace maker require the presence of an actual heart?"
by SnarkybutSad August 22, 2007
34 4
 
2.
A compound word combining snarky (itself a combination of snide and remark) and Schadefreude.

Not only does one take joy from other's bad luck or suffering, one quips, preferably within the sufferer's earshot--witty criticism and critique of the sufferer.
"Mr. Cheney," the reporter asked, barely hiding his snarkenfreude, "doesn't having a pacemaker require the presence of an actual heart?"
by Rarl Kove August 21, 2007
12 2