The sha256 algo has become the workhorse of DigiByte I believe, so I think we will be keeping it for the time being. The insurmountable network speed of bitcoin is what many people believe provides its supreme security but with perhaps the imminent introduction of quantum machines that could change. It's not like satoshi had not thought of this, bitcoin was always destined to change with technology. after all that's the beauty of software. DigiByte strives to make this technology available to everyone and our multi-algo approach stops the big boys totally running away with the ball but we are still playing the same game, got a dog in the fight if you like!  edit: I'll think you will agree, that's better than a dog in your logo!  The SHA-256 miners (specialized highly concentrated miners) have a 4:1 advantage over GPU miners (those who really make up the widely distributed network) and are the main reason why price is kept so low since 50 SAT is their breakeven. In theory, as well as in practice, the SHA-256 miners tend towards centralization, and, therefore, contribute not to security but greater network INsecurity and vulnerability as Jared has clearly explained. It's the small guy who helps promote decentralization, real network security, and widely accepted real world use . . . as has also been clearly explained on numerous occasions. BTW, speed?  |
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hey guys, I think about starting mining by using a vps. will that work ?
and I did try to read all what you wrote about mining in this topic, but it seems that the software that helps beginner is down, and I'm really having trouble understanding.
can any one upload "DigiHash 3-Click Easy Miner for Beginners" for me please.
and does any one use vps for mining I need some stats, because I'm thinking about buying a whole vps reseller.
Dont buy a VPS, you will lose money. You could pickup a USB ASIC on ebay which is probably best for you but I dont mine anymore so I couldn't really say. Maybe one of the miners could offer some insight? if the vps can mine, then I'm not thinking about one vps, I' thinking about a lot, I'm saying I'll buy an unlimited vps reseller and not a vps. so if he can mine just a few with a lot of them I can mine more and more. looks goood to me. but let's wait for a miner. the USB ASIC could be a great idea, but I'm not willing to use my internet connection. I am a gamer I need my internet to play, and sins the digibytegaming payout are becoming lower and lower, I need another way to get dgb. so using my internet connection is not an option. that's why I come up with the idea of vps reseller. Mining won't hit your connection that bad, I'm mining a coin with my graphics card, I have 3 Scrypt usb miners mining and 2 POS wallets going and its barely affecting my sons ping. (i'm on cable though) Don't buy usb scrypt miners, you will not make your money back, you are better off using that money just to buy Digibyte. I just bought 3 futurebit miners from the forums because I wanted to have a bit of a play, but I wont make back the $90 I spent on them a couple of weeks ago. But if your hell bent on picking some up, check out this post, there may be some left https://bitcointalk.org/index.php?topic=1256818.msg13869225#msg13869225Mining with a GPU will use exactly the same bandwidth as with ASIC - on a comparable DGB mining payout basis that is - and if you've got a gaming rig already built, then you've already got the necessary hardware. Right, you can't mine and play at the same time, but you can mine when you're not playing, and get some nice amounts of DGB doing it. I recommend mining with the groestl algo since it is the most efficient electricity wise and stresses your system much less than others (nice clean COOL efficient mining). It has a bit of a learning curve to get everything set up, but I think you'll find all the necessary information on my forum, or at least the links to that information if not: http://asistec-ti.com/phpbb/viewforum.php?f=19 It'll take you some time to get set up, but once you've got it properly configured, it's nothing more than starting your miner and then making money while you sleep. One other note: yes, buying DGB directly in the open market is still cheaper than the electricity cost needed to mine equivalent amounts so you're not going to need to get in a hurry, but I do expect that to change in the not too distant future so take your time and get it right and you'll be set up. In the meantime, you can buy about 2x the amount you can mine with the same fiat . . . but I haven't checked the price in the last couple of hours, and maybe that's changed already! Edit: Remember, multi-algo levels the playing field: you need the same amount of electricity to generate equivalent mining rewards regardless of the algo mined because the payouts are algo adjusted as it were (e.g. you get much less per ASIC hashrate than you get for GPU hashrate). That's the reason for multi-algo: to keep things fair and the average user in the game . . . which leads to a real widely distributed network that is secure, etc., etc. this is a lot to handle at once. I'll start reading before doing anything. for now I'm going to test every single possibility, then chose the best way. I have a vps to test on and I may try with ASIC, and I'm right now going to test my cpu mining and gpu mining. I've crunched the numbers, partly because I was curious, and partly because I'm a nice guy who wants to lend a hand. At current rewards, in order to mine 5000 DGB with modern SHA-256 ASIC equipment, you'll need ~2.4 kWh. With modern Scrypt ASIC equipment you'll use ~7.5 kWh. And with the GPU algos (all very similar) you'll consume ~9.9 kWh. As you can see, there is quite a bit of difference between SHA-256 and GPU, but whether that difference is enough to cover your fixed hardware investment or not, that is if you buy an Antminer or not and can reach ROI, for example, is up to you to figure out. The difference between scrypt ASIC and GPU is much less pronounced, but if you've already got a gaming rig set up, it probably won't take too much convincing to just use what you've got and get with installing and configuring your miner since we're only talking about 30-40 cents a day of difference. Edit: I've always been in favor of rotating out SHA-256 and substituting it with a more widely distributed friendly algo BTW. |
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Mining with a GPU will use exactly the same bandwidth as with ASIC - on a comparable DGB mining payout basis that is Let's put numbers. We're talking at about hundred bytes per minute. Right, you can't mine and play at the same time, but you can mine when you're not playing, and get some nice amounts of DGB doing it. You can absolutely mine and play at the same time, just not with AAA games. In practice many games games are mostly bandwidth hogs so GPUs have plenty of spare time. The highest-profile games I played while mining were Borderlands 2 and some HD remix of Serious Sam. I've mined Qubit, GrsMyr, even NeoScrypt. Qubit works like a charm, little impact on both framerate and hashrate. As a comparison, Yescrypt is incompatible with everything. Best part is power consumption since your GPU is already 90% loaded when gaming so you get only part of the hashrate but at a fraction of the cost! Nice to know. What fraction of the hashrate do you get though? Can't be much since we're talking about GPU mining with the GPU at 90% already with the game, correct? The bandwidth issue is so insignificant that I've never seen it mentioned anywhere before here today. The following Google search makes clear that the only people who are concerned about bandwidth are pool operators. http://www.google.es/search?q=bitcoin+mining+bandwidth&oq=bitcoin+mining+bandwidth&gs_l=mobile-heirloom-serp.12...0.0.1.1132.0.0.0.0.0.0.0.0..0.0....0...1c..34.mobile-heirloom-serp..6.14.1436.5cQRBgwBq9sThere's all kinds of info out there . . . |
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hey guys, I think about starting mining by using a vps. will that work ?
and I did try to read all what you wrote about mining in this topic, but it seems that the software that helps beginner is down, and I'm really having trouble understanding.
can any one upload "DigiHash 3-Click Easy Miner for Beginners" for me please.
and does any one use vps for mining I need some stats, because I'm thinking about buying a whole vps reseller.
Dont buy a VPS, you will lose money. You could pickup a USB ASIC on ebay which is probably best for you but I dont mine anymore so I couldn't really say. Maybe one of the miners could offer some insight? if the vps can mine, then I'm not thinking about one vps, I' thinking about a lot, I'm saying I'll buy an unlimited vps reseller and not a vps. so if he can mine just a few with a lot of them I can mine more and more. looks goood to me. but let's wait for a miner. the USB ASIC could be a great idea, but I'm not willing to use my internet connection. I am a gamer I need my internet to play, and sins the digibytegaming payout are becoming lower and lower, I need another way to get dgb. so using my internet connection is not an option. that's why I come up with the idea of vps reseller. Mining won't hit your connection that bad, I'm mining a coin with my graphics card, I have 3 Scrypt usb miners mining and 2 POS wallets going and its barely affecting my sons ping. (i'm on cable though) Don't buy usb scrypt miners, you will not make your money back, you are better off using that money just to buy Digibyte. I just bought 3 futurebit miners from the forums because I wanted to have a bit of a play, but I wont make back the $90 I spent on them a couple of weeks ago. But if your hell bent on picking some up, check out this post, there may be some left https://bitcointalk.org/index.php?topic=1256818.msg13869225#msg13869225Mining with a GPU will use exactly the same bandwidth as with ASIC - on a comparable DGB mining payout basis that is - and if you've got a gaming rig already built, then you've already got the necessary hardware. Right, you can't mine and play at the same time, but you can mine when you're not playing, and get some nice amounts of DGB doing it. I recommend mining with the groestl algo since it is the most efficient electricity wise and stresses your system much less than others (nice clean COOL efficient mining). It has a bit of a learning curve to get everything set up, but I think you'll find all the necessary information on my forum, or at least the links to that information if not: http://asistec-ti.com/phpbb/viewforum.php?f=19 It'll take you some time to get set up, but once you've got it properly configured, it's nothing more than starting your miner and then making money while you sleep. One other note: yes, buying DGB directly in the open market is still cheaper than the electricity cost needed to mine equivalent amounts so you're not going to need to get in a hurry, but I do expect that to change in the not too distant future so take your time and get it right and you'll be set up. In the meantime, you can buy about 2x the amount you can mine with the same fiat . . . but I haven't checked the price in the last couple of hours, and maybe that's changed already! Edit: Remember, multi-algo levels the playing field: you need the same amount of electricity to generate equivalent mining rewards regardless of the algo mined because the payouts are algo adjusted as it were (e.g. you get much less per ASIC hashrate than you get for GPU hashrate). That's the reason for multi-algo: to keep things fair and the average user in the game . . . which leads to a real widely distributed network that is secure, etc., etc. |
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I wonder what is driving all this volume, not just on DGB, markets on bittrex gone crazy, is everyone bailing on Bitcoin?
Financial markets are in turmoil. Sovereign credit risk is spiking and equities worldwide are tumbling. There's lots of fear out there. (Just for the record so that no-one can say I said to sell: I think world financial markets have hit extremes and that we should see short to intermediate term reversals.) We've seen this various times over the last 12 months or so where money comes into crypto whenever fear grows in traditional financial markets. We saw the first major buying of crypto in 2 major waves last spring. Anyone remember that? Maybe not since DGB didn't participate in either buying wave. That's different now. We've got DGB on the map now. And it's in a confirmed sustainable uptrend at that! In short, and in spite of whether the reasons for why it's happening are happy or sad, crypto is slowly gaining wider exposure and acceptance, and we've got DGB in the game. However, that's only half the job: like I've been saying for a couple of weeks or so, THIS IS NOT THE TIME TO FUMBLE THE BALL! We've got lots of interested people looking at our showcase now and all our products MUST run like flawlessly fine-tuned machines! |
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Just peeked above 100 SAT on polo!
On a run! On big volume too!
So I've been watching the wrong exchange then. I've been (and still am ) waiting for DGB to go over 100 sat at Trex . Watching too. I have a small buy order at 71 but it might not get filled. Anyways it's fun to watch DGB getting some action. Looks like you got filled. Just wondering, why 71? Interesting level it's proving to be - big battle between 68 and 72 right now with a 4+ BTC buyer just stepping up with a bid at 71. What had you seen that caused you to consider that an important level? Edit: perhaps I see it: upper rising channel? |
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You know what I really love about this coin? The coin is mooning at the moment, but still just a couple of comments in this topic about that. Half of people are just discussing about how we can improve DGB even more. Feels good, nice community, and talking about the price, every DGB < 200 sats is a bargain I think you're absolutely correct about everything you said.  |
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There appears to be more than one issue here and I’m not altogether sure if they are in anyway related. I’m looking forward to some kind of update from our developers but not before they have assessed the situation properly for themselves. I don’t think anyone should currently panic, these things can often lead to progress and improvement but if you are able to run and use a core wallet, then you should certainly do so for now. http://www.digibyte.co/content/choose-your-digibyte-walletSo correct. Like they say, necessity is the mother of invention. And have confidence in the Dev team. They've never let us down before. |
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here is what happened, I bought 61k DGB from a person i found on facebook, we made a deal and we found a trusted escrow and we exchanged! BTC vs DGB.
the problem of the unconfirmed transaction started with the person i bought the 61k from when he tried to send the escrow that same amount. so after just a day or less the transaction was confirmed by it self, then i received the fund from the escrow.
then sent them to my poloniex account, which started my debate here with a non-confirmed transaction. i though it would be a matter of time to be fixed. i can tell that this story of mine is not getting any good.
it may have returned to the escrow or to that person, i texted them on fb but there is no replay from both sides.
So just for clarity, the escrow sent them to a wallet set up on your computer and then you sent them from your computer to the exchange or The escrow sent them direct to the exchange? he sent them to my wallet and I sent them to the exchange. http://puu.sh/n0YWF/48f5fb1fc3.jpghttp://puu.sh/n0YZ3/acdf5d55af.jpgthose are the same pics I sent jared and esotericizm. Do you have the sender's address? That's where we need to look now since your address NOW shows zero transactions and the TX ID NOW comes back as " not found". |
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BTW, can you enter as often as you like? already did. about your question I don't think so. anyway I'm going to wait for the answer too. lol. There is no rule prohibiting multiple entries. So, yes. It is possible to enter more than once. However, there is a rule that requires that every entry is unique. Therefore, you cannot use the same social media post to enter multiple times. We will check all of the links before we draw a winner at the beginning of March. Very smart, and so very right of you as well! So, you got that folks? Every unique social media post qualifies as another individual entry. Time to flood the social networks with WORTHY messages (let's keep our standards high and not go gutter ball). Oh, and remember, you've got a few more requirements like kind of media, topic, links, etc. that you mustn't forget for your entry to be valid, so be sure to read the instructions carefully - you know how we are with instructions . . . |
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is everybody having problem with there wallet! cuz mine is freezing 61000 dgb! I saw the "UNCONFIRMED TRANSACTION!" which is what happened to my transaction. jared said he's working on an update to the wallet! but I think that won't solve the problem. I'm a newbie to all this(crypto-world). will it be available after the wallet update get fixed ? sorry for being impatient. Did you send the transaction with a fee? no. chrome wallet does not require fee to send. does it? I have sent before successfully. So all transactions are prioritized in blocks relative to the fee that you pay to the network I believe. I suggest next time you send out a transaction you add a minor 0.0001 DGB fee which should resolve any future errors. If your transaction has already been broadcasted onto the network (if you have a tx id) then you will just have to wait for the transaction to get mined. tx id ? and I don't really get it. and is it normal to stay unmined for like for 2 weeks I can't objectively answer that question as I do not know if its normal. However it is always advised to add a small fee to any transaction in order to make sure it gets mined with priority. A tx id is the id for the transaction that you've sent. I don't use the gaming wallet but I presume its a simple right click, copy transaction id. For gaming wallet, normally you would go to history click that and get an option to see it on the blockchain.It wont be here if it is still pending and you should get a message saying that in send. Sometimes, instead of being able to see past transactions on the blockchain, I get a blank page. Press escape to take you back to history. Ok, this is a bug and seems to happen if you do this a second time, close and open the wallet again and it appears to work again. In this case it's clearly not in the blockchain. plug into a power source, -reindex, and go away for several hours. That might not be needed after the update . . . we'll have to wait and see what's addressed this time around. I don't think you can reindex a gaming wallet, its an API service. https://dgbwallet.com:3232/bws/api and there seems to be some kind of broadcast issue, where the wallet does not connect. I'm assuming this is because devs working on issues. That was my big doubt. If it's not possible, then it comes down to patience and faith, as stated above. That having been said, and especially if true, it might not be a bad idea for everyone who is experiencing the same issue to post their own individual address just like OZmaster did in this subject's original post. It can't be of harm, and it just might be of help to the Devs working on this. |
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is everybody having problem with there wallet! cuz mine is freezing 61000 dgb! I saw the "UNCONFIRMED TRANSACTION!" which is what happened to my transaction. jared said he's working on an update to the wallet! but I think that won't solve the problem. I'm a newbie to all this(crypto-world). will it be available after the wallet update get fixed ? sorry for being impatient. Did you send the transaction with a fee? no. chrome wallet does not require fee to send. does it? I have sent before successfully. So all transactions are prioritized in blocks relative to the fee that you pay to the network I believe. I suggest next time you send out a transaction you add a minor 0.0001 DGB fee which should resolve any future errors. If your transaction has already been broadcasted onto the network (if you have a tx id) then you will just have to wait for the transaction to get mined. tx id ? and I don't really get it. and is it normal to stay unmined for like for 2 weeks I can't objectively answer that question as I do not know if its normal. However it is always advised to add a small fee to any transaction in order to make sure it gets mined with priority. A tx id is the id for the transaction that you've sent. I don't use the gaming wallet but I presume its a simple right click, copy transaction id. For gaming wallet, normally you would go to history click that and get an option to see it on the blockchain.It wont be here if it is still pending and you should get a message saying that in send. Sometimes, instead of being able to see past transactions on the blockchain, I get a blank page. Press escape to take you back to history. Ok, this is a bug and seems to happen if you do this a second time, close and open the wallet again and it appears to work again. In this case it's clearly not in the blockchain. plug into a power source, -reindex, and go away for several hours. That might not be needed after the update . . . we'll have to wait and see what's addressed this time around. |
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Updates are coming. Sit tight. Not to worry. These issues wil be resolved. Have faith! If you insist on seeing, look what's been done over the last two years - if that doesn't help you stop doubting, nothing will! We are pausing payouts @DigiByteGaming until we mitigate an ongoing attack. Please stay tuned.
hello,
I having some trouble with my wallet!
I'm using a chrome wallet, I sent payment but the transaction is showing as unconfirmed. it's been a while now
I tried scanning for fund.
even now when I send something it doesn't send like it used to be.
how can I fix it?
thank you.
check node? node? We are looking into this and we are preparing to release an updated Gaming Wallet. Cheers, Anyone else not getting the Digibyte Gaming payouts for the last couple days?
There has been some issues reported but I think they have been sorted now. We are working on an update for DigiByte Gaming at the moment. Will get everything back to normal here shortly. |
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BTW, can you enter as often as you like? already did. about your question I don't think so. anyway I'm going to wait for the answer too. lol. If the goal is to incentive maximum exposure, I would expect the answer to be yes, but let's wait for the official answer like you suggest.  |
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BTW, can you enter as often as you like? |
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Just wanted to inform the wallet dev.. I tried to send 25,300,000 dgb using the updated wallet and the amount field glowed red and didn't send. Changed to 20,000,000 and same thing. I was however able to send 12,000,000 and 13,300,000.
Moving onto the exchange withdraw issue. At Poloniex, I attempt to withdraw 29,000,000 and status goes from withdraw pending status to error status. I filled a support ticket and they apologize saying error happens rarely and to now try again. So hours later I'm refunded and try again. Now I have error status again and am filling out another ticket.
Just letting you know because I'm suspecting it may have something to do with dgb send limitations and not the exchange. Is there something that I do not know?
Most likely a more generalized issue. Take a look at this and then let me know if it was a help in at least getting you started down the road to a resolution (and, of course, whatever other trouble shooting results you may also come across). http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=121Yes, if you want to group smaller transactions into one larger group, that's the way to go, but remember, even then, you still can't go over the maximum number of bytes (bytes, not digibytes). Here are some detailed instructions: http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=133http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=136http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=135 |
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Just wanted to inform the wallet dev.. I tried to send 25,300,000 dgb using the updated wallet and the amount field glowed red and didn't send. Changed to 20,000,000 and same thing. I was however able to send 12,000,000 and 13,300,000.
Moving onto the exchange withdraw issue. At Poloniex, I attempt to withdraw 29,000,000 and status goes from withdraw pending status to error status. I filled a support ticket and they apologize saying error happens rarely and to now try again. So hours later I'm refunded and try again. Now I have error status again and am filling out another ticket.
Just letting you know because I'm suspecting it may have something to do with dgb send limitations and not the exchange. Is there something that I do not know?
Most likely a more generalized issue. Take a look at this and then let me know if it was a help in at least getting you started down the road to a resolution (and, of course, whatever other trouble shooting results you may also come across). http://asistec-ti.com/phpbb/viewtopic.php?f=10&t=121 |
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The new ANN does not show up in watch lists. Good thing I dropped in on the old thread where I was going to ask why things were so quiet, but now I see that everything perfectly fine and that I've only got around a dozen pages to catch up on!  |
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