Author

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1244. (Read 3058816 times)

sr. member
Activity: 442
Merit: 250
Code:
"blocks" : 163428,
    "difficulty_qubit" : 27.63622946,

I think I don't need to comment...
You don't need to comment on what? The low difficulty? I agree, you already commented on that. My post was about something else.

Qubit is still CPU mineable but it is really GPU algo nowadays.

Simple R9 270 Radeon card gives 3,2 MH/s. I don't understand why nobody is mining with qubit.

You need to start or DGB will suffer from too low hashrates and dumps.
full member
Activity: 215
Merit: 100
Code:
"blocks" : 163428,
    "difficulty_qubit" : 27.63622946,

I think I don't need to comment...

You don't need to comment on what? The low difficulty? I agree, you already commented on that. My post was about something else.

sr. member
Activity: 442
Merit: 250
Code:
"blocks" : 163428,
    "difficulty_qubit" : 27.63622946,

I think I don't need to comment...
full member
Activity: 215
Merit: 100
I think the problem is that DGB core miners have no experience with qubit algo. Qubit is now very profitable now but hashrates and the diff are very low. It is why do we have so many dumps from clever qubit miners. I know it because some my friends from CDT coin started mining DGB with qubit and have extraordinary profits even at the current low DGB price.

That is the problem. I think profitability should be likely equally the same from different mining algorithms... But the control if that is very difficult.
But to be honest, some people have already stopped selling this cheap because they know the price will explode later sometime.

DGB core miners must learn mining with qubit or we can get back to the merged mining concept to protect against too low difficulty and dumps.

I would consider myself a "core" Digibyte miner, and to be honest I had never considered mining with Qubit... when the multi-algo finalists were announced the only 2 I cared about were SHA and Scrypt, as those are the only 2 algos I can seriously mine with the gear I have.  However, I've realised I do have loads of idle CPU cycles just sitting in my vSphere box, so I'm thinking I might have a go at Qubit CPU mining from a VM. Just for the hell of it I've configured a VM to solo mine qubit ...  but I have no concept of what sort of hashpower it will take to discover a block. My Ubuntu wallet seems to be hashing away:

Code:
"blocks" : 163428,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "pow_algo_id" : 4,
    "pow_algo" : "qubit",
    "difficulty" : 27.63622946,
    "difficulty_sha256d" : 199103.52300983,
    "difficulty_scrypt" : 87.16752915,
    "difficulty_groestl" : 865.08020555,
    "difficulty_skein" : 3558.11563850,
    "difficulty_qubit" : 27.63622946,
    "errors" : "",
    "genproclimit" : -1,
    "pooledtx" : 0,
    "testnet" : false,
    "generate" : true,
    "hashespersec" : 107891

Anyone doing this?

hero member
Activity: 808
Merit: 1014
Yesterday I switched one of my Rigs to DGB and was very pleased with mining via Groestl algorithm. The profit is at least 2.5x compared to X11 whilst cards running very cold.

And going to run more tests with other algos. I have another Rigs with the same configuration and will test Groestl, Qubit and Skein simultaneously the same time and same hardware to compare what algo is most profitable in the terms of GPU mining.
sr. member
Activity: 442
Merit: 250
I think the problem is that DGB core miners have no experience with qubit algo. Qubit is now very profitable now but hashrates and the diff are very low. It is why do we have so many dumps from clever qubit miners. I know it because some my friends from CDT coin started mining DGB with qubit and have extraordinary profits even at the current low DGB price.

That is the problem. I think profitability should be likely equally the same from different mining algorithms... But the control if that is very difficult.
But to be honest, some people have already stopped selling this cheap because they know the price will explode later sometime.

I also mine with qubit and do not dump. Anyway there are other miners dumping immediately. Easy coins always result with massive dumps.
DGB core miners must learn mining with qubit or we can get back to the merged mining concept to protect against too low difficulty and dumps.
legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
I think the problem is that DGB core miners have no experience with qubit algo. Qubit is now very profitable now but hashrates and the diff are very low. It is why do we have so many dumps from clever qubit miners. I know it because some my friends from CDT coin started mining DGB with qubit and have extraordinary profits even at the current low DGB price.

That is the problem. I think profitability should be likely equally the same from different mining algorithms... But the control if that is very difficult.
But to be honest, some people have already stopped selling this cheap because they know the price will explode later sometime.
sr. member
Activity: 442
Merit: 250
I think the problem is that DGB core miners have no experience with qubit algo. Qubit is now very profitable now but hashrates and the diff are very low. It is why do we have so many dumps from clever qubit miners. I know it because some my friends from CDT coin started mining DGB with qubit and have extraordinary profits even at the current low DGB price.
hero member
Activity: 924
Merit: 1000
Does the current dependency on BTC prices have any impact on this chart? For example, you may be attaining double the value if you purchase DGB at 15 satoshi and BTC is at $470 and it rises to 20 satoshi and BTC is at $550.

Just curious.

YC






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.


This has actually highlighted something that I have occasionally wondered but never got around to asking. As block rewards drop lower and lower, and indeed approach zero...  who is going to bother mining? Without miners, who then verifies transactions? Perhaps at that point the distributed infrastructure exists simply to support the payment network? But... who owns it? Makes you wonder if at that point we come full circle with centralised control once again?


hero member
Activity: 924
Merit: 1000
My understanding is DGB becomes one year old in Jan 2015.

YC


HR,
 What data and assumptions is this based off?

Thanks,
YC






Start point data was based on money supply and block reward as of yesterday, 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 the current rate.

Good question. Thanks for asking. I thought it was evident, but by the looks of the lack of response, I think you were not alone in wondering. I've also edited the original to include that information.



Thank you HR it looks really promising.
Already seeing myself on the Bahama beaches with millions of Digibyte's to spend Cheesy

What date exactly Digibyte turns 1 year?
Might want to organize something to get some more and more attention?


24





full member
Activity: 215
Merit: 100




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.


This has actually highlighted something that I have occasionally wondered but never got around to asking. As block rewards drop lower and lower, and indeed approach zero...  who is going to bother mining? Without miners, who then verifies transactions? Perhaps at that point the distributed infrastructure exists simply to support the payment network? But... who owns it? Makes you wonder if at that point we come full circle with centralised control once again?

hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
HR,
 What data and assumptions is this based off?

Thanks,
YC






Start point data was based on money supply and block reward as of yesterday, 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 the current rate.

Good question. Thanks for asking. I thought it was evident, but by the looks of the lack of response, I think you were not alone in wondering. I've also edited the original to include that information.



Thank you HR it looks really promising.
Already seeing myself on the Bahama beaches with millions of Digibyte's to spend Cheesy

What date exactly Digibyte turns 1 year?
Might want to organize something to get some more and more attention?


24




hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
just to check with you guys:
has anyone bought from this exchange before?
http://cryptokopen.eu/digibyte-coin


No i did not, seems to be dead?

Better use www.litepaid.eu




legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
HR,
 What data and assumptions is this based off?

Thanks,
YC






Start point data was based on money supply and block reward as of yesterday, 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 the current rate.

Good question. Thanks for asking. I thought it was evident, but by the looks of the lack of response, I think you were not alone in wondering. I've also edited the original to include that information.


HR,

Thanks for sharing this. This puts a very unique perspective on things. As stated many times before, we are in this for the long haul! Smiley
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
HR,
 What data and assumptions is this based off?

Thanks,
YC






Start point data was based on money supply and block reward as of yesterday, 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 the current rate.

Good question. Thanks for asking. I thought it was evident, but by the looks of the lack of response, I think you were not alone in wondering. I've also edited the original to include that information.

hero member
Activity: 622
Merit: 504
Your only Amigo, in the World of Crypto
just to check with you guys:
has anyone bought from this exchange before?
http://cryptokopen.eu/digibyte-coin
full member
Activity: 238
Merit: 100
Yea Jared go Digibyte
When can we get digibyte richlist of 500 holders or 1000
Goodluck in Japan and China
Lets get digipay and use dgb everywhere... Cheesy
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
used to mine this alot but now ive quit
hero member
Activity: 924
Merit: 1000
At what block point does DGB stabilize based out on the missed blocks over the past few months?

YC
member
Activity: 97
Merit: 10
Money can't buy happiness but it can buy assassins
HR,
 What data and assumptions is this based off?

Thanks,
YC






It's based on lulz, because omg epic lulz hahahaha

srsly WTF kind of pump and dump is still going on with DGB?
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