★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit

[Wawaji]

DigiByte is currently 60% ASIC dominated and 40% normal hardware friendly. Although I understand people’s resentment of hardware technology development and the centralizing effect, these are real industries with real growth potential already stimulating this and the fiat economy outside. They help to make DGB more secure because of their efficiency and costs involved necessary to compete with them. The DGB mined by people armed with ASIC miners have real costs associated with their rewards. If all the BTC mining suddenly switched to DGB, they could only bag 20% of the DGB available, same if all the LTC miners switched to mining DGB again another 20%. The fact that we can fend off total ASIC offensive is already a major advantage. At any time in the future we could switch to an algo that you could only mine with a verified DGB ID, purely for distribution purposes at that time perhaps. That’s just an idea, nothing in concrete I know about. Anyway, as long as DGB maintains a comparable ratio of ASIC and non ASIC mining I don’t see any real need for concern now. Possibly removing an algo like Qubit now might even be damaging and weaken overall security of DigiByte?

Aside from Qubit, Myriad-Groestl and Skein are covered by Baikal X10. So, all algos are ASIC dominated right now.

[Jumbley]

DigiByte is currently 60% ASIC dominated and 40% normal hardware friendly. Although I understand people’s resentment of hardware technology development and the centralizing effect, these are real industries with real growth potential already stimulating this and the fiat economy outside. They help to make DGB more secure because of their efficiency and costs involved necessary to compete with them. The DGB mined by people armed with ASIC miners have real costs associated with their rewards. If all the BTC mining suddenly switched to DGB, they could only bag 20% of the DGB available, same if all the LTC miners switched to mining DGB again another 20%. The fact that we can fend off total ASIC offensive is already a major advantage. At any time in the future we could switch to an algo that you could only mine with a verified DGB ID, purely for distribution purposes at that time perhaps. That’s just an idea, nothing in concrete I know about. Anyway, as long as DGB maintains a comparable ratio of ASIC and non ASIC mining I don’t see any real need for concern now. Possibly removing an algo like Qubit now might even be damaging and weaken overall security of DigiByte?

Aside from Qubit, Myriad-Groestl and Skein are covered by Baikal X10. So, all algos are ASIC dominated right now.

WoW! This is an ASIC practically being sold as a DigiByte miner! That is pretty important and a major driving force for DigiByte progression, I’d guess. I agree it threatens decentralization though so at least one algo will need swapping out very soon!
what do you think sha or scrypt? 

[Wawaji]

DigiByte is currently 60% ASIC dominated and 40% normal hardware friendly. Although I understand people’s resentment of hardware technology development and the centralizing effect, these are real industries with real growth potential already stimulating this and the fiat economy outside. They help to make DGB more secure because of their efficiency and costs involved necessary to compete with them. The DGB mined by people armed with ASIC miners have real costs associated with their rewards. If all the BTC mining suddenly switched to DGB, they could only bag 20% of the DGB available, same if all the LTC miners switched to mining DGB again another 20%. The fact that we can fend off total ASIC offensive is already a major advantage. At any time in the future we could switch to an algo that you could only mine with a verified DGB ID, purely for distribution purposes at that time perhaps. That’s just an idea, nothing in concrete I know about. Anyway, as long as DGB maintains a comparable ratio of ASIC and non ASIC mining I don’t see any real need for concern now. Possibly removing an algo like Qubit now might even be damaging and weaken overall security of DigiByte?

Aside from Qubit, Myriad-Groestl and Skein are covered by Baikal X10. So, all algos are ASIC dominated right now.

WoW! This is an ASIC practically being sold as a DigiByte miner! That is pretty important and a major driving force for DigiByte progression, I’d guess. I agree it threatens decentralization though so at least one algo will need swapping out very soon!
what do you think sha or scrypt? 

I think DGB doesn't need 5 algos. In my opinion, 3 algos, SHA256, cryptonight and equihash would be perfect for DGB if the goal is equal distribution of mining opportunity. That is:

1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD GPUs
3) Equihash - Nvidia GPUs

[Jumbley]

DigiByte is currently 60% ASIC dominated and 40% normal hardware friendly. Although I understand people’s resentment of hardware technology development and the centralizing effect, these are real industries with real growth potential already stimulating this and the fiat economy outside. They help to make DGB more secure because of their efficiency and costs involved necessary to compete with them. The DGB mined by people armed with ASIC miners have real costs associated with their rewards. If all the BTC mining suddenly switched to DGB, they could only bag 20% of the DGB available, same if all the LTC miners switched to mining DGB again another 20%. The fact that we can fend off total ASIC offensive is already a major advantage. At any time in the future we could switch to an algo that you could only mine with a verified DGB ID, purely for distribution purposes at that time perhaps. That’s just an idea, nothing in concrete I know about. Anyway, as long as DGB maintains a comparable ratio of ASIC and non ASIC mining I don’t see any real need for concern now. Possibly removing an algo like Qubit now might even be damaging and weaken overall security of DigiByte?

Aside from Qubit, Myriad-Groestl and Skein are covered by Baikal X10. So, all algos are ASIC dominated right now.

WoW! This is an ASIC practically being sold as a DigiByte miner! That is pretty important and a major driving force for DigiByte progression, I’d guess. I agree it threatens decentralization though so at least one algo will need swapping out very soon!
what do you think sha or scrypt? 

I think DGB doesn't need 5 algos. In my opinion, 3 algos, SHA256, cryptonight and equihash would be perfect for DGB if the goal is equal distribution of mining opportunity. That is:

1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD GPUs
3) Equihash - Nvidia GPUs

Distribution is obviously important but security is still a heavy consideration too and undoubtedly ASICs have their part to play in this. I think many of our ASIC miners are currently still individuals or small enterprise and contribute positively to the DigiByte ecosystem.
Personally, I’m thinking it would be better, when choosing the replacement algos to be mined on normal hardware, that clear instruction on how to get up and mining on it was given to the community at this time, hopefully reducing the time for organised miners to make  a real killing here. I’m also thinking, It’s fairly likely that at least one algo will need swapping out regularly as the efficiency drive, possibly moves these into ASIC development too.
Eventually we may have to accept total ASIC dominance of the market because after all, this is technology and technology advances so what then becomes important is, how available and affordable is the technology to everyone?  Always have it in the back of my mind that one day, one of these algos will be used like a universal payment system.
But I don’t think DigiByte should reduce to only three algorithms and I don’t really believe the three you have suggested would really offer better distribution either at this time and I’m pretty certain security wouldn’t improve.
Anyway, looking forward to seeing what does happen here.

[tbearhere]

1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD GPUs
3) Equihash - Nvidia GPUs

Should read ...
1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD AND NVIDIA GPUs
3) Equihash - Nvidia GPUs

 

EDIT: I don't see any influence of ASICS yet.

[Asyifiah]

anybody know why this DGB always still go down ?
few month ago Iam bought DGB on price 1200 Satoshi but on this day price DGB just 124 Satoshi.
what can I do for my DGB ? Cut Loss or still holding on ?

[Jonesd]

anybody know why this DGB always still go down ?
few month ago Iam bought DGB on price 1200 Satoshi but on this day price DGB just 124 Satoshi.
what can I do for my DGB ? Cut Loss or still holding on ?

Never sell on a low. I kept holding DGB when it dropped from 60 to 17 sat and was a very happy camper when I sold a lot at 2000. Be patient.

[Wawaji]

1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD GPUs
3) Equihash - Nvidia GPUs

Should read ...
1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD AND NVIDIA GPUs
3) Equihash - Nvidia GPUs

 

EDIT: I don't see any influence of ASICS yet.

Most of them will arrive in late november/december. I've noticed a big fluctuation on Skein last week, it reduced the amount I'm used to mine by 30% for a couple of days.

[KeyGenKing]

I bought 1m of DGB!
Let's wait till it moons again ! Feel great to be a crypto millionaire!

[Driendy]

I bought 1m of DGB!
Let's wait till it moons again ! Feel great to be a crypto millionaire!

At least the dumping of DBG seems to be over now and also DBG has a tendency to recover very quickly . I believe in good altcoin market conditions we can see it moving to 1bln marketcap over 6-12 months

[carlo_0000]

1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD GPUs
3) Equihash - Nvidia GPUs

Should read ...
1) SHA256 - ASIC focused
2) Cryptonight - CPU and AMD AND NVIDIA GPUs
3) Equihash - Nvidia GPUs

 

EDIT: I don't see any influence of ASICS yet.

need to keep 5
hard disk mining should be in the party

[Mahabharata]

it's time for DigiByte to skyrocket, we've been waiting too long and I hope this year can reach at least $ 1.

[Nasdaq7]

https://dgbg.suprnova.cc/index.php?page=statistics&action=pool

1       asicminermarkettest    8,586,877 KH/s     23,717.126 dgbg/day


So, what do you guys think ?
Someone messing around for fun or the real thing ? Baikal x10 already mining ??

That was 10 days go, check now:

1      asicminermarkettest   265,176,616 KH/s   829,004.802 dgbg/day

[Jumbley]

https://dgbg.suprnova.cc/index.php?page=statistics&action=pool

1       asicminermarkettest    8,586,877 KH/s     23,717.126 dgbg/day


So, what do you guys think ?
Someone messing around for fun or the real thing ? Baikal x10 already mining ??

That was 10 days go, check now:

1      asicminermarkettest   265,176,616 KH/s   829,004.802 dgbg/day

Each algo can only mine little under 1 million coins per day max, currently today. So that pool is practically scoffing the lot in that instance!

Good news may be, nobody will be able to sell dgb at these prices if that keeps up!

[psiksenz]

it's time for DigiByte to skyrocket, we've been waiting too long and I hope this year can reach at least $ 1.

I don't think it will make $1 this year, next year it has a chance, markets move in cycles generally and actually, a lot of cryptos have taken the same path as DGB and are starting to break out a little now.

[grchina]

it's time for DigiByte to skyrocket, we've been waiting too long and I hope this year can reach at least $ 1.

I don't think it will make $1 this year, next year it has a chance, markets move in cycles generally and actually, a lot of cryptos have taken the same path as DGB and are starting to break out a little now.

not gonna happen and asics are coming for dgb so even more coins will hit the market

[Wawaji]

That's why algo changing is so important. This needs to be done asap if this coin wants to survive next year. I have my fingers crossed for the devs to do something about it, I don't want to stop supporting this but I will if there's no future.

[P4ndoraBox]

Annnnnnnnnnnnnnnd DGB mining is dead.

[RhinoTrader]

Withdrawal from Poloniex:
My withdrawal status is complete: error, what now? help
I attempted to send some DGB from my poloniex account to my DGB wallet at bittrex .
This is the transaction from poloniex:
COMPLETE: ERROR

[KeyGenKing]

Withdrawal from Poloniex:
My withdrawal status is complete: error, what now? help
I attempted to send some DGB from my poloniex account to my DGB wallet at bittrex .
This is the transaction from poloniex:
COMPLETE: ERROR

Transfer coins between exchange site? Not so good idea !
But that's what you know now. Good luck sending a Ticket to Polo. Can take a few months!