I wasn't trying to be rude to HR, just curious on the analysis. Glad we are strong as a community!
YC
Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1164. (Read 3058907 times)
November 09, 2014, 08:11:21 PM
November 09, 2014, 01:24:07 PM
November 09, 2014, 12:07:02 PM
November 09, 2014, 11:50:54 AM
HR,
No worries. I just wanted to make sure I wasn't going crazy. So the initial thought that we will be between 3-4B by the end of the year is still accurate, which means that 20-25% of the total supply will be in circulation. In addition, whether it is 24 or 44 or 64 satoshi, the price is so attractive based on where things are. Looking down the road, it will be a shock that the currency was even trading at these levels. I would love to buy some so I can be like the "stars" on here.
Lastly, for the time being if BTC goes up, the average price of your investment in DGB averages down, which is pretty neat.
YC
ycagel, you're absolutely correct. I was incorrectly reading my own chart! I was looking at the block reward numbers on the left instead of the money supply numbers on the right. Silly mistake. I even had to go back to the original spread sheet before I realized my error. We are indeed already above 10%.
While I'm at it, with the spread sheet opened and all, we are on target to have around 3,656,372,503.55569 DGB in circulation for DigiByte's first birthday, around 8,806,865,544.71951 for its 2nd birthday, 11,926,881,962.4078 for its 3rd birthday, 13,816,895,669.609 for its 4th birthday, 14,961,810,097.9938 for #5, and as you can intuit by the numbers here, and by looking at the chart, the yearly production falls below 1 billion after year 5, and over 70% of total projected DGB will already be in circulation by that time - but it will still be very profitable to mine since it will be worth well over $5 by then.
That was a big oversight, but everything else I said was/is correct: this is forever, the number of blocks found is a constant, and it's only the 0.5% regularly scheduled subsidy reduction that causes the amount mined to decrease over time.
P.S. Here's my "daily" technical analysis of price. ;-)
No worries. I just wanted to make sure I wasn't going crazy. So the initial thought that we will be between 3-4B by the end of the year is still accurate, which means that 20-25% of the total supply will be in circulation. In addition, whether it is 24 or 44 or 64 satoshi, the price is so attractive based on where things are. Looking down the road, it will be a shock that the currency was even trading at these levels. I would love to buy some so I can be like the "stars" on here.
Lastly, for the time being if BTC goes up, the average price of your investment in DGB averages down, which is pretty neat.
YC
Maybe I am a bit slow, but isn't 2.5B already a little more than 10% of the total supply of 21B?
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
https://bitcointalksearch.org/topic/m.8736118
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
YC
2.5B in circulation and DGB has moved to #63 marketcap on CoinMarketCap.com! I would think by the end of the year we should be at 4B in circulation, which is close to 25% of total supply for the coin!
YC
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
ycagel, you're absolutely correct. I was incorrectly reading my own chart! I was looking at the block reward numbers on the left instead of the money supply numbers on the right. Silly mistake. I even had to go back to the original spread sheet before I realized my error. We are indeed already above 10%.
While I'm at it, with the spread sheet opened and all, we are on target to have around 3,656,372,503.55569 DGB in circulation for DigiByte's first birthday, around 8,806,865,544.71951 for its 2nd birthday, 11,926,881,962.4078 for its 3rd birthday, 13,816,895,669.609 for its 4th birthday, 14,961,810,097.9938 for #5, and as you can intuit by the numbers here, and by looking at the chart, the yearly production falls below 1 billion after year 5, and over 70% of total projected DGB will already be in circulation by that time - but it will still be very profitable to mine since it will be worth well over $5 by then.
That was a big oversight, but everything else I said was/is correct: this is forever, the number of blocks found is a constant, and it's only the 0.5% regularly scheduled subsidy reduction that causes the amount mined to decrease over time.
P.S. Here's my "daily" technical analysis of price. ;-)
November 09, 2014, 11:45:11 AM
Maybe I am a bit slow, but isn't 2.5B already a little more than 10% of the total supply of 21B?
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
https://bitcointalksearch.org/topic/m.8736118
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
YC
2.5B in circulation and DGB has moved to #63 marketcap on CoinMarketCap.com! I would think by the end of the year we should be at 4B in circulation, which is close to 25% of total supply for the coin!
YC
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
ycagel, you're absolutely correct. I was incorrectly reading my own chart! I was looking at the block reward numbers on the left instead of the money supply numbers on the right. Silly mistake. I even had to go back to the original spread sheet before I realized my error. We are indeed already above 10%.
While I'm at it, with the spread sheet opened and all, we are on target to have around 3,656,372,503.55569 DGB in circulation for DigiByte's first birthday, around 8,806,865,544.71951 for its 2nd birthday, 11,926,881,962.4078 for its 3rd birthday, 13,816,895,669.609 for its 4th birthday, 14,961,810,097.9938 for #5, and as you can intuit by the numbers here, and by looking at the chart, the yearly production falls below 1 billion after year 5, and over 70% of total projected DGB will already be in circulation by that time - but it will still be very profitable to mine since it will be worth well over $5 by then.
That was a big oversight, but everything else I said was/is correct: this is forever, the number of blocks found is a constant, and it's only the 0.5% regularly scheduled subsidy reduction that causes the amount mined to decrease over time.
P.S. Here's my "daily" technical analysis of price. ;-)
November 09, 2014, 09:22:04 AM
I didn't receive any payouts from digihash.co for 3 days. Does someone have any infos about that 
Which algorithm were you mining on? So far Scrypt & Sha256 are the only algos to discover blocks on DigiHash.We just restarted the DigiHash pool and it appears there was some pending Scrypt pay outs that just were pushed out.
Yes I was mining with scrypt algo and received all my mined DGB. Thanks
November 09, 2014, 07:10:03 AM
Thanks
Transaction ID: 93fcd7c1badff6055d9f2a6d462270a6e1826ef61beacbcf6e21990e51b521a7-000
not found.
Strange things happen when outputting
coins made from p2p pool birdspool.no-ip.org (no support, but with donate)
one o'clock was the refusal transaction (!)
then another half an hour no confirmation (?)
As a result of the speed of delivery of available coins broke all records and brakes btc for me
and + confusion in the mind ))
November 09, 2014, 07:04:18 AM
Maybe I am a bit slow, but isn't 2.5B already a little more than 10% of the total supply of 21B?
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
https://bitcointalksearch.org/topic/m.8736118
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
YC
2.5B in circulation and DGB has moved to #63 marketcap on CoinMarketCap.com! I would think by the end of the year we should be at 4B in circulation, which is close to 25% of total supply for the coin!
YC
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
BTW: the number of blocks found each day will never vary, and will stay constant forever . . . or at least until the POW code is changed or eliminated, and that won't happen for a long, long, time - perhaps not even in some of our lifetimes.
November 09, 2014, 04:12:32 AM
Nonces are not running out rare. It happend all the time.
What linearIntensity are you using?The web interface crashes in general. I start the miner and after that i enable the webinterface.
If i copy the url (because in IE dont work) and paste it into FF miner immediately after getting response from webinterface miner crashes.
That's indeed very interesting. I've had this problem very sporadically but I never managed to reproduce. I suspected this happened because of my AV but so far I never managed to get a grasp on this problem it is just too rare on my system.If i copy the url (because in IE dont work) and paste it into FF miner immediately after getting response from webinterface miner crashes.
IE will not be supported. FF is the only browser committing to be a serious application platform with Mozilla doing an almost awesome job at documentation. It is the only browser I will officially support. Some concessions are made to desktop Webkit.
November 09, 2014, 03:56:41 AM
What do you think about mandatory identification (pool name, or solo miner's IP address) in the "Mined by" column?
What would be the pros and the cons?
November 09, 2014, 01:36:39 AM
I didn't receive any payouts from digihash.co for 3 days. Does someone have any infos about that
Which algorithm were you mining on? So far Scrypt & Sha256 are the only algos to discover blocks on DigiHash.We just restarted the DigiHash pool and it appears there was some pending Scrypt pay outs that just were pushed out.
November 09, 2014, 01:35:18 AM
November 08, 2014, 07:03:00 PM
What is the blocks per-day figure? Any one know offhand?
30 Second Blocks (2.5 Min per Algo), as seen in the Coin Facts section of the OP (perhaps this kind of information needs a more prominent presence), translates into 2880 theoretical total blocks, 576 for each algo, each day.
https://bitcointalksearch.org/topic/digibytedgb-core-v61651-digishield-digispeed-segwit-408268
And if you want to follow along in real time, and compare the actual figures with the theoretical figures, this is a great resource: http://insight.dgb.cryptopoolmining.com/
November 08, 2014, 02:17:24 PM
HR,
Great insight and we appreciate you here! Valuable member and contributions!
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
it´s a little to much for 1.5 months but it think people will pick up DGB when the price goes up & big miners will jump in. 4 months 1.5b DGB looks better to me
I'm a noob
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
https://bitcointalksearch.org/topic/m.8736118
Yeah, it's easy to forget that the number of blocks mined each day stays constant regardless of the number of miners mining. The value of the coin is not a constant however - as we all too painfully well know - and as more miners (and investors) get involved, that constant number of DGB blocks mined every day gets split into smaller pieces of the pie for everyone, which should, in turn, logically push price higher as it becomes more scarce for interested parties, and, thusly, more valuable.
Great insight and we appreciate you here! Valuable member and contributions!
YC
2.5B in circulation and DGB has moved to #63 marketcap on CoinMarketCap.com! I would think by the end of the year we should be at 4B in circulation, which is close to 25% of total supply for the coin!
YC
YC
2.5B mined for 10 months and 1.5B for the next 1.5 months ?
I'm a noob
Won't even be 10% by it's first birthday. This is long term . . . might I even suggest forever?
Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
Yeah, it's easy to forget that the number of blocks mined each day stays constant regardless of the number of miners mining. The value of the coin is not a constant however - as we all too painfully well know - and as more miners (and investors) get involved, that constant number of DGB blocks mined every day gets split into smaller pieces of the pie for everyone, which should, in turn, logically push price higher as it becomes more scarce for interested parties, and, thusly, more valuable.
November 08, 2014, 12:48:51 PM
First issue:
(34 out of 32 nonces)
Second issue is that miner will crash if i want to open the webinterface.
Indeed, the github fix only produces a valid config file. I honestly never expected to run out of nonces as I usually find no more than 2 per scan.(34 out of 32 nonces)
Second issue is that miner will crash if i want to open the webinterface.
Is running out of nonces rare? I assume it happens at start or after a while?
I assume the web interface crashes after it ran out of nonce buffers or does it crash in general?
Hi there.
Nonces are not running out rare. It happend all the time.
It happend after a couple of minutes after starting miner.
The web interface crashes in general. I start the miner and after that i enable the webinterface.
If i copy the url (because in IE dont work) and paste it into FF miner immediately after getting response from webinterface miner crashes.
So i dont open the webinterface the miner will run a view minutes till 34 out of 32 nonces failure comes.
November 08, 2014, 12:40:08 PM
What is the blocks per-day figure? Any one know offhand?
November 08, 2014, 11:48:34 AM
can someone share hashrates for 280x
-groestl
-qubit
-skein
http://myriad.theblockexplorer.com/help.php?mode=add
is that right?
-groestl
-qubit
-skein
http://myriad.theblockexplorer.com/help.php?mode=add
is that right?
Yes your link is right
Don't use that link!
This is the old MYR database. They migrated to google spreadsheets a couple of months ago.
Spreadsheets offer several advantages. Adding data is easier and faster AND you can sort or compare more easily.
Only quirk is: CPU, GPU and ASIC go in different files but I'm positive it's a step forward.
CPU spreadsheet
GPU spreadsheet
ASIC spreadsheet
November 08, 2014, 11:45:08 AM
First issue:
(34 out of 32 nonces)
Second issue is that miner will crash if i want to open the webinterface.
Indeed, the github fix only produces a valid config file. I honestly never expected to run out of nonces as I usually find no more than 2 per scan.(34 out of 32 nonces)
Second issue is that miner will crash if i want to open the webinterface.
Is running out of nonces rare? I assume it happens at start or after a while?
I assume the web interface crashes after it ran out of nonce buffers or does it crash in general?
November 08, 2014, 11:15:25 AM
By the way, where working block explorer for dgb ?
November 08, 2014, 10:49:16 AM
Thank you for all the information youre providing. learning allot!
You're most very welcome. And I also thank you and everyone else here with all your outstanding contributions. I think the DGB community is making it very clear that it is worthy of the coin it represents!!!Jump to: