Ryven Cedrylle
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February 24, 2015, 07:46:32 PM |
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It's not hard math exactly but I can vouch that SHA DGB mining has been in the tank recently. I have a 30 GH/s Rockminer I use mostly for the lolz and up until last week I'd get maybe 1.5-2.5k/day on blocksfactrory. Recently that number sank to about 400 DGB/day tops.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Jumbley
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Activity: 1218
Merit: 1003
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February 24, 2015, 07:51:32 PM
Last edit: February 24, 2015, 08:06:08 PM by Jumbley |
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ok, it was a little tongue in cheek when I posted this before but there's really not much else to it, you just got to keep getting up every time someone knocks you down. All markets are manipulated by someone!
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.
This is not necessary, albeit a very fun thought experiment  I've been holding DGB since ages, bought when it was trading at 110 sat (yes a year ago or so it was trading at that) I haven't sold a single DGB. Imho it's THE alternative to BTC. I got my DGB securely locked away and won't think about selling until we reach Dollar parity. Even then, if that happens I'll keep 80 % of my stash. Why? well because when DGB reaches $1 it's already adopted on a wide scale. This is the true "sleeper" coin if you will. Jared is a top notch dev, but he also has PR and networking skills. Most devs excel at programming, but on a social level? not so much. There are other promising coins out there for sure, but DGB is one of the safest bets you can make when it comes to crypto in my opinion. It has a proven track record of both technological advantages and non anonymous transparent development. Sure, crypto might die out and it could all turn to dust. But when crypto prevails I know DGB will be among the top contenders for BTC's crown. It won't happen tomorrow, and I doubt it will this year. But we'll get there, be patient. It isn't like I disagree with you, I'm not in any rush either but it does appear to me that very few people have any real idea about the value of their DGB. ps I chose 300 Sat because you would see the mining scene totally change. |
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MemberCount+1
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February 24, 2015, 08:03:32 PM |
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Is this coin heading to 1 sat price?
Where those dumped coins comes from? Mined coins?
Too many traders too few users. No more, no less  you're looking for Profit? then the chart must be volatile, the more the merrier. endless growth? ... that would a cancer ... Is the worth too low for you then do something for DGB and buy not only the coin  |
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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February 24, 2015, 09:30:59 PM |
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DATE BUY/SELL BID/ASK TOTAL UNITS (DGB) TOTAL COST (BTC)
02/24/2015 11:30:07 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:27:28 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:24:24 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:22:06 PM
SELL
0.00000059 847.47457627 0.00050000
Oh, common!!! This is ridiculous! Sells for the lowest allowed BTC one trade amount.
FYou!
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Verias
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February 24, 2015, 09:40:22 PM |
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DATE BUY/SELL BID/ASK TOTAL UNITS (DGB) TOTAL COST (BTC)
02/24/2015 11:30:07 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:27:28 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:24:24 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:22:06 PM
SELL
0.00000059 847.47457627 0.00050000
Oh, common!!! This is ridiculous! Sells for the lowest allowed BTC one trade amount.
FYou!
yeah why does everyone keep selling their DGB... i can't buy them anymore ! no more bitcoins left  |
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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February 24, 2015, 09:42:51 PM |
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DATE BUY/SELL BID/ASK TOTAL UNITS (DGB) TOTAL COST (BTC)
02/24/2015 11:30:07 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:27:28 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:24:24 PM
SELL
0.00000059 847.47457627 0.00050000
02/24/2015 11:22:06 PM
SELL
0.00000059 847.47457627 0.00050000
Oh, common!!! This is ridiculous! Sells for the lowest allowed BTC one trade amount.
FYou!
yeah why does everyone keep selling their DGB... i can't buy them anymore ! no more bitcoins left I think most of the sells are self trades. Just my ho. Ping pong is played at this moment. Only fools can fall for that. The unknown is- what's the planned bottom for current dgb manipulation plan? After that trial to pump to 100+ sats expected. |
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HR
Legendary
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Activity: 1176
Merit: 1011
Transparency & Integrity
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February 24, 2015, 10:09:04 PM |
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The numbers for the mining yield comparisons for the various algos (principally SHA256d and groestl, but the others are well known to fit somewhere in between those two extremes) mentioned in various posts immediately proceeding that post. Executive summary: given the actual numbers reported for SHA256d mining, by my calculations, on a per kilowatthour basis, the Nvidia video cards are by far the most profitable.That is great news since the multi-algo fork was meant to create a level playing field without excluding anyone, and it seems to be working perfectly. Please, everyone, help to confirm these numbers by posting your mining results: hardware, hashrate, and the average realtime DGB payouts you are receiving on a daily basis. The only negative I see at the moment is that cpu mining is completely "out of the game", but whether that is something we should really worry about or not is open for debate. Some have already quite generously posted their data. If you can help by adding to the data sample so we can come up with more conclusive data, it would be greatly appreciated by all I'm sure. |
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usukan
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Activity: 1590
Merit: 1002
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February 24, 2015, 10:32:42 PM
Last edit: February 24, 2015, 10:42:55 PM by usukan |
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The numbers all seem to be about the same for SHA miners of DGB from feedback here. GigaBit3,000 GH/s 50,000 DGB per day 16.6 DGB per GH/s day Ryven Cedrylle30 GH/s 400 DGB per day 13.3 DGB per GH/s per day usukan440 GH/s 6,000 DGB per day (Digihash with 3% fee) 13.6 DGB per GH/s per day 6,000 DGB is worth (@0.0000006 current price - was only about 0.00000045 when I tested mining) 0.0036 BTC (0.0027 BTC when tested) 1 x S3 on Antpool earns 0.0049 BTC/day Conclusion - mine BTC - buy DGB with your BTC This yields a 36% bonus compared to direct mining of DGB on SHA algo So it's not actually BS as some of the members here have suggested My sincere apologies if I have upset anybody by questioning this SHA mining of DGB - but this is constructive questioning and discussion - it often leads to improvement by those with the right attitude Cheers usukan It's not hard math exactly but I can vouch that SHA DGB mining has been in the tank recently. I have a 30 GH/s Rockminer I use mostly for the lolz and up until last week I'd get maybe 1.5-2.5k/day on blocksfactrory. Recently that number sank to about 400 DGB/day tops.
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24hralttrade
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February 24, 2015, 10:56:01 PM |
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So it's not actually BS as some of the members here have suggested
My sincere apologies if I have upset anybody by questioning this SHA mining of DGB - but this is constructive questioning and discussion - it often leads to improvement by those with the right attitude
Cheers usukan
Just to set things straight because i think you refer to me, I dont doubt your calculations/numbers in any means.. I find it very intresting and it's good that you share it. But this line bothered me: "I like DGB (and will keep buying from sha mining proceeds) - but too much fluffy lovey dovey bullshit positive posts here - time to make it a serious coin and get to the real business."The Digibyte community worked hard to come so far and become strong and all of them have been fighting for the goods of Digibyte.We are open to anyone, Dont just come by and say that we post BS and that we are not serious. Thank you, |
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usukan
Legendary
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Activity: 1590
Merit: 1002
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February 24, 2015, 11:05:46 PM |
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No worries - have deleted that post
So it's not actually BS as some of the members here have suggested
My sincere apologies if I have upset anybody by questioning this SHA mining of DGB - but this is constructive questioning and discussion - it often leads to improvement by those with the right attitude
Cheers usukan
Just to set things straight because i think you refer to me, I dont doubt your calculations/numbers in any means.. I find it very intresting and it's good that you share it. But this line bothered me: "I like DGB (and will keep buying from sha mining proceeds) - but too much fluffy lovey dovey bullshit positive posts here - time to make it a serious coin and get to the real business."The Digibyte community worked hard to come so far and become strong and all of them have been fighting for the goods of Digibyte.We are open to anyone, Dont just come by and say that we post BS and that we are not serious. Thank you, |
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GigaBit
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February 24, 2015, 11:23:10 PM |
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The numbers all seem to be about the same for SHA miners of DGB from feedback here. GigaBit3,000 GH/s 50,000 DGB per day 16.6 DGB per GH/s day Ryven Cedrylle30 GH/s 400 DGB per day 13.3 DGB per GH/s per day usukan440 GH/s 6,000 DGB per day (Digihash with 3% fee) 13.6 DGB per GH/s per day 6,000 DGB is worth (@0.0000006 current price - was only about 0.00000045 when I tested mining) 0.0036 BTC (0.0027 BTC when tested) 1 x S3 on Antpool earns 0.0049 BTC/day Conclusion - mine BTC - buy DGB with your BTC This yields a 36% bonus compared to direct mining of DGB on SHA algo So it's not actually BS as some of the members here have suggested My sincere apologies if I have upset anybody by questioning this SHA mining of DGB - but this is constructive questioning and discussion - it often leads to improvement by those with the right attitude Cheers usukan It's not hard math exactly but I can vouch that SHA DGB mining has been in the tank recently. I have a 30 GH/s Rockminer I use mostly for the lolz and up until last week I'd get maybe 1.5-2.5k/day on blocksfactrory. Recently that number sank to about 400 DGB/day tops.
There's been a lot of big hashers coming in and out of SHA256, that cranked up the diff significantly. One miner had over 11TH/s for a few days, that was more than 1/2 the pool's SHA power. Another had almost the same for a long time; went up to 50TH/s for a while! That said, it's not fair to use DGB's announcement thread to talk mining, I will create a thread in the AltCoin mining forum for DGB Miners Only. Don't seem to be one and don't feel like going through a million pages of topics.  |
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HR
Legendary
Offline
Activity: 1176
Merit: 1011
Transparency & Integrity
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February 24, 2015, 11:32:57 PM |
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The numbers all seem to be about the same for SHA miners of DGB from feedback here. GigaBit3,000 GH/s 50,000 DGB per day 16.6 DGB per GH/s day Ryven Cedrylle30 GH/s 400 DGB per day 13.3 DGB per GH/s per day usukan440 GH/s 6,000 DGB per day (Digihash with 3% fee) 13.6 DGB per GH/s per day 6,000 DGB is worth (@0.0000006 current price - was only about 0.00000045 when I tested mining) 0.0036 BTC (0.0027 BTC when tested) 1 x S3 on Antpool earns 0.0049 BTC/day Conclusion - mine BTC - buy DGB with your BTC This yields a 36% bonus compared to direct mining of DGB on SHA algo So it's not actually BS as some of the members here have suggested My sincere apologies if I have upset anybody by questioning this SHA mining of DGB - but this is constructive questioning and discussion - it often leads to improvement by those with the right attitude Cheers usukan It's not hard math exactly but I can vouch that SHA DGB mining has been in the tank recently. I have a 30 GH/s Rockminer I use mostly for the lolz and up until last week I'd get maybe 1.5-2.5k/day on blocksfactrory. Recently that number sank to about 400 DGB/day tops.
We know pretty well what the DGB daily SHA256 payouts look like, so now we need to find reliable numbers for the same mining BTC (in order to compare). This is a screenshot of MultiPool's most recent BTC payouts with their profit BTC/GH/day figures:  |
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GigaBit
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February 25, 2015, 12:05:41 AM |
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https://bitcointalk.org/index.php?topic=967022.0 - Mining This here thread is scary right now for the noobs...
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MaxDZ8
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February 25, 2015, 06:48:07 AM |
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What is going on here?  |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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February 25, 2015, 07:07:26 AM |
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What is going on here? People think that hot discussion about mining profitability is essential. At the market- as always nasty acummulation before pump. |
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CryptoRaver
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February 25, 2015, 08:33:38 AM |
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Thanks good one, for me personally it is not scary but very confusing all that high tec talking |
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RD965
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February 25, 2015, 08:56:23 AM |
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Post 888! Just funny and remarkable lol
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CryptoRaver
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February 25, 2015, 09:06:58 AM |
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Post 888! Just funny and remarkable lol
Haha 8 is my Lucky number also |
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EPLDCC
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February 25, 2015, 09:07:22 AM |
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What's the status of a DGB paper wallet generator? There are references to digiaddress.org, but the domain is parked. And, I'm not sure if it was official or unofficial?
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EPLDCC
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February 25, 2015, 09:17:02 AM |
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I guess I'm still new to the bitcointalk forum ... but, I've been mining for 2 years, started with a bunch of GPUs and moved on to asics. I haven't been scared. These sorts of discussions are super important, for everyone; I would say they're important even for people who do not mine. Also, because the past couple of days have seen our discussion focus on mining ... I though maybe someone would be interested in the following: I have a few (eight) of the 5-chip gridseed miners (hash scrypt at approximately 350KH @ 8-10w each). I also have a gridseed g-blade 80-chip (scrypt: approximately 5.5 MH @ 120-130w). Have all the cables (power and usb). I turned them off mid-summer and they've been boxed up since then. I didn't even want to bother with the hassle of selling them. But, if someone here were interested in playing around with them for DGB. Send me a PM with an offer in DGB (shipping + whatever). The g-blade might be worth a little bit more than the others. The 5-chip ones are mostly novelty items. I also have the raspberry pi controller, and a USB hub, but I'd prefer to hang onto those unless you made a fair offer. If you're interested, send me a message and we can work something out (as long as it's paid in DGB and you intend to mine DGB). |
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