[ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013

[MobGod]

What is the correct difficulty right now?

[1714265401]

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[1714265401]

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[1714265401]

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[1714265401]

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[DaanTry]

3.316 according to the DGC chain explorer:

See http://dgc.cryptocoinexplorer.com/block/114681a69327bd4334d311c73bf1c3d3f5f72c29df9ac4f74282f726db368877

• Next adjustment will be at block 423360.
• Based on current hashing power (It took 3hrs and 20minutes to hash 180 blocks) I expect this to happen in about 18 hrs from now.
  
• New difficulty will then be around 0.9 again (It took 21 hours to generate 1080 blocks since the difficulty adjustment to 3.316, DGC target is 6hrs, so the difficulty will be adjusted with a factor 6/21. 6/21 * 3.316 equals approx. 0.9)
• This will cause the multi pools to jump on DGC again and start the cycle all over again.

[Xmansk]

Well, last update should rise diff for max 100% and drop for max 50%. Why it is not happening?

[jdebunt]

Well, last update should rise diff for max 100% and drop for max 50%. Why it is not happening?

It's supposed to happen at a certain block number, which will be reached in less than 2 weeks.

[DaanTry]

Block #476280 to be exact

[DaanTry]

The current implementation imposes limits on the minimal and maximal duration for hashing 1080 blocks. Currently the limits are:

Maximum time: 4 x target 1080 block time equals 24hrs
Minimum time:  0.25 x target 1080 blocks time equals 1.5hrs.

After block #476280 the limits change to:
Maximum time: 2 x target 1080 block time equals 12hrs
Minimum time:  0.50 x target 1080 blocks time equals 3hrs.

Effectively this leads to 12/6 * diff = 2 * diff == 100% maximum rise and 3/6 * diff = 0.5 * diff == 50% maximum drop.

When this new system would already be in effect the current 3.316 difficulty would drop 50% after 12 hours. This would bring it to 1.658 what could be just the right figure to prevent the hopperpools from switching to DGC. Only time will tell if it is going to work...


 

[Vlad2Vlad]

I love this coin.  Dev has really done a great job.

I've got DGC picked to be the next LTC, or another LTC-type coin trading above $3.

The current price of roughly 6,000 DGC coins for 1 BTC is ridiculously cheap so I picked up 30,000 coins, and I may add more. These aren't trading coins but longer term speculation investment coins.  I wish all Cryptos were this easy to pick out.

Good luck to everyone!

[Vlad2Vlad]

Quick question:  anybody have any idea why the price of DGC has gone down by some 60% over the last few weeks?  

I'm not complaining - I think this is a great time to buy and hold some DigitalCoins, but I am curious as to what may be causing this dip.  TIA.

[Vlad2Vlad]

One more quick question.  I've bought my DGC coins but I'm curious how much one can actually mine.

What's a decent average with say a $2,000 GPU mining rig?  How many DGC coins can one expect to get in one 24 hour period?  TIA!

[Hilux74]

One more quick question.  I've bought my DGC coins but I'm curious how much one can actually mine.

What's a decent average with say a $2,000 GPU mining rig?  How many DGC coins can one expect to get in one 24 hour period?  TIA!

If you take the good and you take the bad, and take them both, there you have

[TheSpiral]

One more quick question.  I've bought my DGC coins but I'm curious how much one can actually mine.

What's a decent average with say a $2,000 GPU mining rig?  How many DGC coins can one expect to get in one 24 hour period?  TIA!

http://www.coinwarz.com/cryptocurrency
Put in the hashrate for the "$2000 rig", hit Calculate.

[Vlad2Vlad]

One more quick question.  I've bought my DGC coins but I'm curious how much one can actually mine.

What's a decent average with say a $2,000 GPU mining rig?  How many DGC coins can one expect to get in one 24 hour period?  TIA!

http://www.coinwarz.com/cryptocurrency
Put in the hashrate for the "$2000 rig", hit Calculate.

Thanks!

[Xmansk]

UPDATES:

1. DGC is now supported on https://www.coinpayments.net/. I've also updated the pool list, let me know if I missed yours.

2. DGC is the primary currency of the upcoming CryptoAve exchange and the only currency supported for exchanging CryptoAve shares.

3. New investors are joining DGC and you should see the buy orders building up.

4. DGC will be updated so difficulty rises a maximum of 100% and drops a maximum of 50%. More details to be announced within the next couple of days.

Retarget every 1080 bloks will be the same?

[baritus]

UPDATES:

1. DGC is now supported on https://www.coinpayments.net/. I've also updated the pool list, let me know if I missed yours.

2. DGC is the primary currency of the upcoming CryptoAve exchange and the only currency supported for exchanging CryptoAve shares.

3. New investors are joining DGC and you should see the buy orders building up.

4. DGC will be updated so difficulty rises a maximum of 100% and drops a maximum of 50%. More details to be announced within the next couple of days.

Retarget every 1080 bloks will be the same?

Yes, there is no need to compromise the difficulty's stability with variance when this solution is also viable.

[Vlad2Vlad]

Hey guys, how many. DGC can one expect to get with a good Dual GPU $2,000 mining rig?   Just a ballpark figure.  Thanks.

[jdebunt]

Hey guys, how many. DGC can one expect to get with a good Dual GPU $2,000 mining rig?   Just a ballpark figure.  Thanks.

Hourly    7.87402834   
Daily    188.97668007   
Weekly    1322.83676046   
Monthly    5669.30040196   
Annually    68976.48822386   


this is assuming you'll have 2 MH/s, which can vary, depending on your setup of course

[Vlad2Vlad]

Hey guys, how many. DGC can one expect to get with a good Dual GPU $2,000 mining rig?   Just a ballpark figure.  Thanks.

Hourly    7.87402834   
Daily    188.97668007   
Weekly    1322.83676046   
Monthly    5669.30040196   
Annually    68976.48822386   


this is assuming you'll have 2 MH/s, which can vary, depending on your setup of course

Wow, so its really worth buying it now then.  Cause 1 BTC buys you about 6,000 DGC.  So you guys mine a whole month for $130? Minus electricity of $40 so you need to mine 6 weeks for what I can buy with 1 BTC.  Man, I need to buy another 30,000 DGC.  This is a steal.   Thanks a lot!

[jdebunt]

Wow, so its really worth buying it now then.  Cause 1 BTC buys you about 6,000 DGC.  So you guys mine a whole month for $130? Minus electricity of $40 so you need to mine 6 weeks for what I can buy with 1 BTC.  Man, I need to buy another 30,000 DGC.  This is a steal.   Thanks a lot!

this doesn't take difficulty adjustments into account either, so it could be a bit more, or less, but definitely not much

Maybe you can get even better hashpower for 2000$, but i think if you really want to invest in DGC, just buy them before the exchange goes live in a few months, then DGC can be traded against USD directly

[disclaimer201]

You are right, buying is much more efficient than mining right now. Even though I mined thousands of coins up to now, I decided to buy more at 15 and even below 15. Lot's of new cheap dgc coming in from multipool autosellers at cryptsy. This is actually something you can profit of until people are realizing which coins to disable from autoselling and hold.

Also updated to the latest client, good job!

[jdebunt]

Finally, what is the timeline on CryptoAve?  I've heard different time-frames.  

a few days ago it was confirmed by Baritus that, IF everything pans out correctly, it will go live in November (subject to unforseen delays of course)