tbearhere
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February 24, 2015, 12:58:20 AM |
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Thanks for testing! So we van say TBF works good ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note that if you are NOT using a diff multiplier of 1, then your miner will think that some shares aren't good, and will discard them. This is probably the issue, and you'll get paid for only half your hashrate. Wolf0 thx but what diff command do I use for ccminer 750ti ? Im mining there now and it shows exactly 1/2 my hash rate. Is it --diff1 or -d 1 or ? Not a clue. SGMiner has --difficulty-multiplier for that option. Its the blocks factory pool is the problem. Its an AMD pool. This is really unfair - the ccminer devs remove a necessary feature, and the pool is the bad guy? It's theblocksfactory only...not setup for ccminer ..I had the same problem 6 months ago with that pool. He still didn't fix it.
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Jumbley
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February 24, 2015, 01:05:31 AM |
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At the moment the only way to buy most alt coins is using bitcoins, so yes the real world dollar/pound/euro value is related directly to the price of bitcoin.
Hi JayBex. Welcome. Yes. I agree to an extent with the statement above "that the price of an alt-coin is related to the price of a BTC" ... except for a few alts that have separate USD markets (or trade directly with other national currencies). Cryptsy has 10 active USD markets. Hopefully, pretty soon, DGB will also have a dedicated market.
However, just because the price of an alt-coin is determined through an exchange rate with BTC, doesn't mean that the 2 values are connected in a causal relationship with price movement. BTC price could decline while DGB rises, or they could both go up on the same day, or both go down on the same day. The market exchange rate isn't fixed or pegged to BTC for most alt-coins (although many alt-coins have very predictable exchange-ranges and relationships with BTC). So the relationship between the two is correlative not causal.
Hi mate, I see i think i get it, i was confused by thinking if the price of btc doubled then the price of digibyte would halve to 35 sat. So the dgb price would stay where it is at 70 sat? Would the price naturally decrease to 35 sat if there is a currency exchange market for dgb? Here, try this as an experiment. Everyone agree not to sell DGB for less than 300 Sat. Anyone selling DGB for less is to be considered Anti-Digibyte and just in it for a quick profit while playing with our ring piece. We buy up all their DGB anyway. Everyone wins apart from the people selling for less. We could go on doing this over and over again eventually pushing the price up to; I don’t know something reasonable like 10 BTC or something. Along the way, our well endowed patrons could distribute some of their wealth to the needy and good causes through the DGB foundation, effectively creating new users and ensuring the propagation of the currency. Hell we could make it the most stable digital coin in the world by just deciding that it should be, if we all worked together. Let’s try to be fair here and say, there are a thousand times as many BTC as there are DGB, so let a BTC be worth a thousand times more. This sets the price at mBTC. Anyone selling a DGB for less than that is ‘Anti-DGB’ IMO! We could then get on with the job of supporting BTC and scaling the whole thing up.
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EPLDCC
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February 24, 2015, 01:07:58 AM |
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At the moment the only way to buy most alt coins is using bitcoins, so yes the real world dollar/pound/euro value is related directly to the price of bitcoin.
Hi JayBex. Welcome. Yes. I agree to an extent with the statement above "that the price of an alt-coin is related to the price of a BTC" ... except for a few alts that have separate USD markets (or trade directly with other national currencies). Cryptsy has 10 active USD markets. Hopefully, pretty soon, DGB will also have a dedicated market.
However, just because the price of an alt-coin is determined through an exchange rate with BTC, doesn't mean that the 2 values are connected in a causal relationship with price movement. BTC price could decline while DGB rises, or they could both go up on the same day, or both go down on the same day. The market exchange rate isn't fixed or pegged to BTC for most alt-coins (although many alt-coins have very predictable exchange-ranges and relationships with BTC). So the relationship between the two is correlative not causal.
Hi mate, I see i think i get it, i was confused by thinking if the price of btc doubled then the price of digibyte would halve to 35 sat. So the dgb price would stay where it is at 70 sat? Would the price naturally decrease to 35 sat if there is a currency exchange market for dgb? You're asking interesting, but also complicated questions that don't have easy answers. Different people trade differently. Some are interested in their BTC balance. They will have different reactions to changes in BTC price. Others are interested in their alt-coin balances, so they will also have different reactions. Here's my best short answer ... if the price of DGB is currently X ... and somehow the price of BTC doubled ... it wouldn't be like the price of DGB would automatically be (1/2)X. There would be downward pressure on the exchange value of DGB because people would want to capitalize on the higher exchange value, so there would likely be an increase in sell orders. But, it wouldn't by default (or automatically) halve the value of DGB. Other coins ... like LTC ... tend to be more closely coupled with a perceived value in relation to BTC price. LTC is often traded between 8% and 10% the value of BTC. So, if the price of BTC doubled, it's likely that there would be strong buy pressure for the price of LTC to also increase to match. My best advice is to pick a couple of different alt-coins, (no more than 2 at a time), and watch their price movements, volume, etc., in relation to BTC over a couple of weeks. http://coinmarketcap.com/ is a good place compare them easily. And, I don't think that a DGB exchange would have negative impact on the price. In fact, I believe the opposite - it would make the DGB economy more valuable and accessible.
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EPLDCC
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2015, 01:09:49 AM |
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At the moment the only way to buy most alt coins is using bitcoins, so yes the real world dollar/pound/euro value is related directly to the price of bitcoin.
Hi JayBex. Welcome. Yes. I agree to an extent with the statement above "that the price of an alt-coin is related to the price of a BTC" ... except for a few alts that have separate USD markets (or trade directly with other national currencies). Cryptsy has 10 active USD markets. Hopefully, pretty soon, DGB will also have a dedicated market.
However, just because the price of an alt-coin is determined through an exchange rate with BTC, doesn't mean that the 2 values are connected in a causal relationship with price movement. BTC price could decline while DGB rises, or they could both go up on the same day, or both go down on the same day. The market exchange rate isn't fixed or pegged to BTC for most alt-coins (although many alt-coins have very predictable exchange-ranges and relationships with BTC). So the relationship between the two is correlative not causal.
Hi mate, I see i think i get it, i was confused by thinking if the price of btc doubled then the price of digibyte would halve to 35 sat. So the dgb price would stay where it is at 70 sat? Would the price naturally decrease to 35 sat if there is a currency exchange market for dgb? Here, try this as an experiment. Everyone agree not to sell DGB for less than 300 Sat. Anyone selling DGB for less is to be considered Anti-Digibyte and just in it for a quick profit while playing with our ring piece. We buy up all their DGB anyway. Everyone wins apart from the people selling for less. We could go on doing this over and over again eventually pushing the price up to; I don’t know something reasonable like 10 BTC or something. Along the way, our well endowed patrons could distribute some of their wealth to the needy and good causes through the DGB foundation, effectively creating new users and ensuring the propagation of the currency. Hell we could make it the most stable digital coin in the world by just deciding that it should be, if we all worked together. Let’s try to be fair here and say, there are a thousand times as many BTC as there are DGB, so let a BTC be worth a thousand times more. This sets the price at mBTC. Anyone selling a DGB for less than that is ‘Anti-DGB’ IMO! We could then get on with the job of supporting BTC and scaling the whole thing up. Your posts always brighten my day Jumbley.
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LTCMAXMYR
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February 24, 2015, 01:46:56 AM |
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a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
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Never buy any ICO altcoin. Never buy any ASIC altcoin.
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LTCMAXMYR
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February 24, 2015, 01:54:44 AM |
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a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
Hey, I saw that you found one of the optimizations in the Pluck miner. Have you done anything with DGB-Qubit? i don't optimize the code , just find bugs ,i also checked X-series algos,what do you need on qubit? btw,i think Pluck algo has another optimized calculating way,but i am not sure if it will boost 100x speed, i may find a way in Probability theory,if i have enough time.
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Never buy any ICO altcoin. Never buy any ASIC altcoin.
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worth
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February 24, 2015, 02:18:56 AM |
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I didn't realize DigiByte had an iOS wallet. Looks like it's been out a month now. Very cool. May end up doing some lessons on it at some point.
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fresh83
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February 24, 2015, 04:42:01 AM |
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Hi guys, I have made a quick starter mining guide for those who are new to mining and need to use their gpu or rbox low end asic to mine . I'm using a GTX750 in this and an Rbox 32hgs , both .bat files are config different. I will be making a more detailed video soon, that take each step in more detail but for now you can just make your username through the pool and change my details to yours. And ?'s please ask concerning .bat and anything mining related. The vid only goes for 9 minutes ,If you don't like the music just turn volume down as I have typed the steps up . This was a quick starter and I will be making more clearly steped vids soon as I am dedicated to DGB and it's growth , Here is the Link------------------> https://www.youtube.com/watch?v=X5Yl-mCydpM You can donate DGB here D8Dit6mP5dq5QSEUh2Cse9jGQRS382NV4w Or on the listed wallet in vid. I have also included the link to download the mining software for NVidia users . Thank you
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Verias
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February 24, 2015, 06:14:08 AM |
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So price going down again ? That was a small push Little dissapointing i expected at least 100
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fresh83
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February 24, 2015, 06:34:33 AM |
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IT will do that, patience. It's so under prices though it's not funny! The hash rate and mining rewards make is so miners shouldn't sell until 100-150 anyway. Anyone mining shouldn't be selling for under that. For what it is I'd say just be glad your an early adopter and buy as many as you can for the cheap price.
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Verias
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February 24, 2015, 07:24:28 AM |
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Yeah i know i really like digibyte, Im in it for the long term. Although i only have 6 mil dgb. I want more
Btw is there any group out there for long term dgb holders ? Or is there only this topic
Dgb is my main investment right now
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usukan
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February 24, 2015, 07:33:48 AM |
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no Hi this is my first post, i've been watchin this forum for a while and started trading alts, mainly digibyte. I have a question i cant find an answer anywhere just hope someone can clear it up. Is the price of an altcoin affected by the price of bitcoin? Or is it like pegged to bitcoin?
yes
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HR
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February 24, 2015, 07:36:43 AM |
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Mining with a CPU? You might want to think twice (at least until another diff adjustment is made - if it ever will be - to the multi-algo coding). http://asistec-ti.com/phpbb/viewtopic.php?f=23&t=27&p=53#p53
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usukan
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February 24, 2015, 07:38:40 AM Last edit: February 24, 2015, 07:54:10 AM by usukan |
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so why is everyone not mining at the "official pool" digihash? Tried it (sha) and price needs to x10 (x5-6 today) approx before its worthwhile or equiv to mining BTC? Why anybody mine DGB? - just mine BTC an buy DGB? Buying still supports DGB - perhaps even more than just mining to support network? Please correct my mistakes? a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
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Verias
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February 24, 2015, 07:48:11 AM |
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I only started investing in bitcoins crypto 2 months ago Never mined before
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usukan
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February 24, 2015, 07:52:11 AM |
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yeah me too but................ so why is everyone not mining at the "official pool" digihash? Tried it and price needs to x10 approx before its worthwhile? Why anybody mine DGB? - just mine BTC an buy DGB? Please correct my mistakes? a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
Some people mine just to support the network, but last I checked, DGB-Qubit is profitable for me.
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usukan
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February 24, 2015, 07:56:41 AM |
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so why is everyone not mining at the "official pool" digihash? Tried it (sha) and price needs to x10 (x5-6 today) approx before its worthwhile or equiv to mining BTC? Why anybody mine DGB? - just mine BTC an buy DGB? Buying still supports DGB - perhaps even more than just mining to support network? Please correct my mistakes? yeah me too but................ so why is everyone not mining at the "official pool" digihash? Tried it and price needs to x10 approx before its worthwhile? Why anybody mine DGB? - just mine BTC an buy DGB? Please correct my mistakes? a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
Some people mine just to support the network, but last I checked, DGB-Qubit is profitable for me. As I said, it's profitable for me, as in, I am making money over my power cost of $0.11 USD per kWh - why would I need another reason to mine?
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HR
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February 24, 2015, 08:10:36 AM |
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usukan
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February 24, 2015, 08:17:16 AM |
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the real life mining numbers dont lie if you got sha hash power - mine BTC and buy DGB appreciate anyone who may prove me wrong do the test........... Cheers usukan
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EPLDCC
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February 24, 2015, 08:20:55 AM |
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yeah me too but................ so why is everyone not mining at the "official pool" digihash? Tried it and price needs to x10 approx before its worthwhile? Why anybody mine DGB? - just mine BTC an buy DGB? Please correct my mistakes? a question,is the officer pool digihash.co fee not 3%? i check the blockchain,the fee is 4%.
Some people mine just to support the network, but last I checked, DGB-Qubit is profitable for me. I don't sell any of the DGB I mine. I mine script so, technically, I suppose DGB would be profitable if I decided to sell coins to pay the electrical expense. But, why would I sell at today's exchange rates to cover electrical costs? Expenses are tax deductible. I believe the price of DGB will continue to go up. I've used my equipment to heat my house this winter (literally haven't turned on my furnace this year). So, I'm taking a deduction on what would be heating expenses and keeping the coins for the long-term. I don't mine SHA so I've never looked into the profitability. Everyone's circumstance is different.
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