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

[DJ_SIX]

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 ?

Please hold all of them.

Just hold

[dippididodaday]

I hold on to my Digi - don't think they have lost their Byte. Let's see what the future holds - am excited.  

[stellerator]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

[carlo_0000]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

[Two4D2]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

[coin-investor]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

And what algo could that be because only miners with asics and mining rigs are making a lot of money from dumping this coin, the dev of this coin should set up more projects and usage of the coin, I known digibyte as a tipping coin they should expand on that.

[DARKHOLDER]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

[Delphinus]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

[bodhisatt]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

`

https://digibytefoundation.org/development spring 2018 though.

[Tortoise75]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

The difficulty is of course adjusting. The new Baikals don't generate more coins than before, but since those new miners outpace anyone else the mined coins go into a lot fewer hands and generate a higher profit. The question is if more of those Baikal mined coins are just sold as compared to those mined before. It's not so that GPU mining rigs come and run for free, a lot of those miners have to dump as well to pay the bills and don't mine because they are particularly interested in the coin. Then the high profit allows to hold mined coins for a possibly better price, but how the profit side develops depends how many Baikals will hit the market in the nearer future. On the whole I say the sale pressure will grow with those miners but it's far from any kind of Doomsday for DGB. In the end what actual psychological effect those news will have on the other market participants will be the major driving force on the price.

[Jumbley]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

The difficulty is of course adjusting. The new Baikals don't generate more coins than before, but since those new miners outpace anyone else the mined coins go into a lot fewer hands and generate a higher profit. The question is if more of those Baikal mined coins are just sold as compared to those mined before. It's not so that GPU mining rigs come and run for free, a lot of those miners have to dump as well to pay the bills and don't mine because they are particularly interested in the coin. Then the high profit allows to hold mined coins for a possibly better price, but how the profit side develops depends how many Baikals will hit the market in the nearer future. On the whole I say the sale pressure will grow with those miners but it's far from any kind of Doomsday for DGB. In the end what actual psychological effect those news will have on the other market participants will be the major driving force on the price.

Very much inclined to agree with this, it is far from a Doomsday scenario!

However, I believe it would be against the ethos of DigiByte not to keep at least one algorithm open for ‘conventional hardware’. This is commonly accepted as the most decentralised part of a network!
In truth, I think it is just a fair place for common folk to get involved in the mining process and really support the project. Most GPU miners will be mining in a pool and this kind of centralises their efforts. A high proportion of solo miners would be the most decentralised our network could be.

If a DigiByte algorithm could be mined only with solo machines, with a power cap of say 2 top spec GPUs. I think we would really be on the way to reinforcing ‘the most decentralised’ network claim. 
Maybe there could even be ways of weighting this new algo against the rest of the network, increasing its luck so that it started to take more than 20% as the number of participants increased, for example.
The rewards are going to be few and far between but much bigger when they come and this seriously would be ‘Hardcore DigiByter’ territory, I’m thinking.

The professional mining race will continue within the remaining ASIC algorithms and eventually assuming equipment becomes better distributed within the community, overall security of DigiByte could be seriously increased by the efficiency of these machines mining on our network.

Instead of the overall network running away in power consumption, the competing ASIC miners become more self regulating but are ultimately kept in check by the size of the GPU participation.

It’s all a bit sketchy perhaps but I’m flying by the seat of my pants here! 

[juniorz]

DGB needs good news, thats the only way price will climb,

[Tortoise75]

Digibyte is on the bottom now, if you see at the price chart, price is on the same level where it was before the spring pump. Digibyte will start new race from this level

maybe hard to say if btc keep going so fast up
but for now look like it won't go below 100sat

and if there are to much new ASICs and they dump all the dgb's than maybe it could go below 100

if i remember someone post here 1  miner with new ASICs  was doing 20000+ dgb a day!    if more are coming
it just gonna kill the price

don't know if difficulty will adjust correctly and or gpu miners leave
 
i hope the team is working on the algo switch  and won't forget to add  hdd burst mining to it  


is there somewhere when we can see the chart of the 5 algos ?

Yes, the devs are working on algo switch, it is also announced on roadamap.

Source please?

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

The difficulty is of course adjusting. The new Baikals don't generate more coins than before, but since those new miners outpace anyone else the mined coins go into a lot fewer hands and generate a higher profit. The question is if more of those Baikal mined coins are just sold as compared to those mined before. It's not so that GPU mining rigs come and run for free, a lot of those miners have to dump as well to pay the bills and don't mine because they are particularly interested in the coin. Then the high profit allows to hold mined coins for a possibly better price, but how the profit side develops depends how many Baikals will hit the market in the nearer future. On the whole I say the sale pressure will grow with those miners but it's far from any kind of Doomsday for DGB. In the end what actual psychological effect those news will have on the other market participants will be the major driving force on the price.

Very much inclined to agree with this, it is far from a Doomsday scenario!

However, I believe it would be against the ethos of DigiByte not to keep at least one algorithm open for ‘conventional hardware’. This is commonly accepted as the most decentralised part of a network!
In truth, I think it is just a fair place for common folk to get involved in the mining process and really support the project. Most GPU miners will be mining in a pool and this kind of centralises their efforts. A high proportion of solo miners would be the most decentralised our network could be.

If a DigiByte algorithm could be mined only with solo machines, with a power cap of say 2 top spec GPUs. I think we would really be on the way to reinforcing ‘the most decentralised’ network claim.  
Maybe there could even be ways of weighting this new algo against the rest of the network, increasing its luck so that it started to take more than 20% as the number of participants increased, for example.
The rewards are going to be few and far between but much bigger when they come and this seriously would be ‘Hardcore DigiByter’ territory, I’m thinking.

The professional mining race will continue within the remaining ASIC algorithms and eventually assuming equipment becomes better distributed within the community, overall security of DigiByte could be seriously increased by the efficiency of these machines mining on our network.

Instead of the overall network running away in power consumption, the competing ASIC miners become more self regulating but are ultimately kept in check by the size of the GPU participation.

It’s all a bit sketchy perhaps but I’m flying by the seat of my pants here!  

Yes, some algos have to change, GPUs and CPUs need to come back and any more than one algo that can be mined competitively by the same ASIC hardware isn't helping towards the goal behind multialgo the slightest. There's just no need for panic overnight actions. My vote would be scrapping two algos out of Groestl, Qubit and Skein and replace them with GPU/CPU algos, out of all those good ones already mentioned. Then incorporate a 6th one to keep the balance between specialized hardware and 'consumer level stuff'. I'd like PoS but it could be the harddrive based mining.

The hashrate capped solo mining only (the power cap should have this result anyway) idea is interesting. One problem I see is that with that many individual miners the time in between blocks found by each individual miner might become too long quickly which contradicts the goal of having more participants. Maybe introduce some kind of mini-block which would be nothing more than a mineable, perhaps at a tenth of the real difficulty, transaction with a reward attached to it to reward providing hashrate to the network more regularly. At the same time this could provide the reward bonus of this more decentralized algo.

Of course I'm also just brainstorming here, but with more inputs this could turn out as a viable concept. :-)

[Jumbley]

I did read something similar on Reddit (with a 2 month time frame). But if miners dumping this coin is really true, that's bad news. Isn't there a difficulty adjustment to prevent this from happening?

The difficulty is of course adjusting. The new Baikals don't generate more coins than before, but since those new miners outpace anyone else the mined coins go into a lot fewer hands and generate a higher profit. The question is if more of those Baikal mined coins are just sold as compared to those mined before. It's not so that GPU mining rigs come and run for free, a lot of those miners have to dump as well to pay the bills and don't mine because they are particularly interested in the coin. Then the high profit allows to hold mined coins for a possibly better price, but how the profit side develops depends how many Baikals will hit the market in the nearer future. On the whole I say the sale pressure will grow with those miners but it's far from any kind of Doomsday for DGB. In the end what actual psychological effect those news will have on the other market participants will be the major driving force on the price.

Very much inclined to agree with this, it is far from a Doomsday scenario!

However, I believe it would be against the ethos of DigiByte not to keep at least one algorithm open for ‘conventional hardware’. This is commonly accepted as the most decentralised part of a network!
In truth, I think it is just a fair place for common folk to get involved in the mining process and really support the project. Most GPU miners will be mining in a pool and this kind of centralises their efforts. A high proportion of solo miners would be the most decentralised our network could be.

If a DigiByte algorithm could be mined only with solo machines, with a power cap of say 2 top spec GPUs. I think we would really be on the way to reinforcing ‘the most decentralised’ network claim.  
Maybe there could even be ways of weighting this new algo against the rest of the network, increasing its luck so that it started to take more than 20% as the number of participants increased, for example.
The rewards are going to be few and far between but much bigger when they come and this seriously would be ‘Hardcore DigiByter’ territory, I’m thinking.

The professional mining race will continue within the remaining ASIC algorithms and eventually assuming equipment becomes better distributed within the community, overall security of DigiByte could be seriously increased by the efficiency of these machines mining on our network.

Instead of the overall network running away in power consumption, the competing ASIC miners become more self regulating but are ultimately kept in check by the size of the GPU participation.

It’s all a bit sketchy perhaps but I’m flying by the seat of my pants here!  

Yes, some algos have to change, GPUs and CPUs need to come back and any more than one algo that can be mined competitively by the same ASIC hardware isn't helping towards the goal behind multialgo the slightest. There's just no need for panic overnight actions. My vote would be scrapping two algos out of Groestl, Qubit and Skein and replace them with GPU/CPU algos, out of all those good ones already mentioned. Then incorporate a 6th one to keep the balance between specialized hardware and 'consumer level stuff'. I'd like PoS but it could be the harddrive based mining.

The hashrate capped solo mining only (the power cap should have this result anyway) idea is interesting. One problem I see is that with that many individual miners the time in between blocks found by each individual miner might become too long quickly which contradicts the goal of having more participants. Maybe introduce some kind of mini-block which would be nothing more than a mineable, perhaps at a tenth of the real difficulty, transaction with a reward attached to it to reward providing hashrate to the network more regularly. At the same time this could provide the reward bonus of this more decentralized algo.

Of course I'm also just brainstorming here, but with more inputs this could turn out as a viable concept. :-)

It is something to think about and discuss for sure, the forward thinking developers of DigiByte are bound to pick up on possibilities if they have not already considered them.

The other thing about this new Baikal X10 miner, is that it supposedly has 2 new algorithms that will be added to 5 it is listed as mining.
Obviously, DigiByte developers will want to know exactly what they are before forking DGB!

Having probably spent too much time in and around this space, it wouldn't surprise me at all if new ASIC miners continued 'DigiByte Classic' on this path regardless of what DigiByte developers and new foundation decide anyway....interesting times again!

[taurados]

This coin were at 3k and now 100 sats. This is very funny and this coins seems to scam its customers off. Perhaps there will be exit pump to 1k ?

[Delphinus]

This coin were at 3k and now 100 sats. This is very funny and this coins seems to scam its customers off. Perhaps there will be exit pump to 1k ?

It has nothing to do with the developers scamming coin owners. There was just a lot of hype, as this was one of the first coins to possibly win a banking competitions. After the hype it got oversold. The question is how to build trust again with the community and their marketing is not doing a great job at the moment.

Let's just hope their sales people are doing a better job and than the community will follow   

[narrrf]

Thanks for all the cheap Digis out there ... today 109 ... 2020 .... 1900 again

For me one of the best altcoins and the fastest and a cheap way to transfer Alts from one to another acount

Just grabbed another 50k for 109 sat thanks

[Driendy]

This coin were at 3k and now 100 sats. This is very funny and this coins seems to scam its customers off. Perhaps there will be exit pump to 1k ?

It has nothing to do with the developers scamming coin owners. There was just a lot of hype, as this was one of the first coins to possibly win a banking competitions. After the hype it got oversold. The question is how to build trust again with the community and their marketing is not doing a great job at the moment.

Let's just hope their sales people are doing a better job and than the community will follow   

It's just the Altcoin market is in crisis all together . Besides the top ones no one really grow now except Bitcoin. We live now the bitcoinization of the crypto market but as soon as this ends , we should then start seeing huge impact here and elsewhere.

[Chilling_Silence]

A few things to consider:
1) DigiByte is only going to be PoW. Jared has made infographics stating just how much better it is, and he's not the kind of man to do an about-face. Just go to the DigiByte website, under Blockchain, you'll see "Where does DigiByte fit into the blockchain industry?". So it's not about to become some hybrid with PoS.

2) adding a cap to GPU mining etc would only encourage botnets. Look at VertCoin and why they did their latest algo change.

3) It's not ASICs driving price down, as mentioned the trading volume vs new DigiByte mined, that just doesn't make any sense. People are emotional, as you can see by a large number of the recent posts here. People want news, they wanna be cuddled and wrapped in cotton wool and told "Yeah, good job about your investment, you keep hanging onto those coins!". People forget that the tech is still insanely solid, the dev committed, the vision is there, and the price will eventually follow suit. A wise person with a long term vision would see now is definitely the time to double down on your holdings.

4) Everything takes time, and developers who can assist are more welcome to jump on Telegram and say hi and lend a hand.

5) Algos are already being investigated. Anybody who's been around for more than 5 minutes knows that security and distribution are at the heart of DigiByte. GPU mining will definitely be on the cards, hopefully for a few algos, and CPU mining is being looked at also. PoW though, no staking. Any suggestions or constructive feedback is most welcome, though again Telegram seems to be the place this is being discussed more. We've seen discussions oddly enough in the Marketing channel, as well as the mining channel a few times. Please join us there and say hi.

6) Groestl mining isn't profitable for GPUs, but Skein still isn't too bad. The Baikal miners are definitely better off mining Groestl based coins, as they're roughly 5* the hash power of a GTX1080Ti on Skein, but like 15* the power on Groestl. A bunch of people I know who were mining DigiByte on Groestl are just switching to Skein and that's been fine. Others are mining something else and simply exchanging for DigiByte through Bittrex, Shapeshift, you have a myriad of options (Haha, just not Myriad-Groestl, I made a funny...).

Keep in mind the sky isn't falling, Algo swapping was on the cards for a while now BUT it's a big change and we need to make sure that we choose a good set of Algos so we don't have to fork again a few months down the track. Just look at the DigiByte website, under Roadmap, it's been there a while now and the team are well aware of it.

So hang in there. Mining may be a bit interesting for a couple of months, but, with over 100,000 downloads of the DigiByte Core Wallet since the latest version in April (I think it was April?), Shows there's a LOT of people out there interested in, and using DigiByte. The project isn't about to be abandoned, it's chugging along at a steady pace.

And as always come say hi in Telegram, and if you've got algo suggestions we'd love to hear your reasoning behind suggesting them, along with reasons why they'd be ASIC resistant, and be good for helping spread the security of the DigiByte network.

[Jumbley]

Point No 2.  What DigiID is intended for is it not?  Bot discrimination?