Hi guys. I know I said I wouldn't come back, but I can't resist...
A HISTORY OF DIGIBYTEI'll start by noting that DGB launched with a broken difficulty adjustment algorithm. Difficulty changed every 144 blocks, with a retarget range of 0.25x to 4x.#1440 Jan 12, 2014 12:05:11 PM 16000 Official premine over, rewards drop 72000 to 16000. Difficulty at 0.00105477
It's instamine time!
Every 144 blocks:#1584 Jan 13, 2014 6:01:42 AM 16000 Difficulty drops to 0.00026369
#1728 Jan 13, 2014 6:03:35 AM 16000 Difficulty 0.00105477
#1872 Jan 13, 2014 6:05:33 AM 16000 Difficulty 0.00421907
#2016 Jan 13, 2014 6:08:25 AM 16000 Difficulty 0.01687627
#2160 Jan 13, 2014 6:12:21 AM 16000 Difficulty 0.06750507
#2304 Jan 13, 2014 6:19:04 AM 16000 Difficulty 0.27002027
#2448 Jan 13, 2014 6:30:39 AM 16000 Difficulty 1.08008109
...
#2592 Jan 13, 2014 7:03:05 AM 16000 Difficulty 4.32032435
#2736 Jan 13, 2014 8:56:35 AM 16000 Difficulty 5.60138117
#2880 Jan 13, 2014 11:58:01 AM 16000 Difficulty 4.44325559
The double rewards end:#5760 Jan 15, 2014 11:45:37 AM 8000 Difficulty 6.31115652
= ~ 45MH/s, or about 40 top end video cards
All in all, 69,104,000 coins mined with a handful of GPUs in just over 2 days. Nice job guys. 5 weeks later... Hard fork to reduce rewards and maximise instamine effectiveness:#57023 Feb 21, 2014 6:27:03 PM 8000 Difficulty 8.35521372
= ~ 50 top end GPUs
#57024 Feb 21, 2014 6:27:33 PM 8000 Difficulty 19.3762414 Last diff change before reward reduction
#57121 Feb 21, 2014 10:03:38 PM 7960 Difficulty 19.37962414 Reward reduction by 0.5% every 10080 blocks
Price and difficulty plummet. "I'm fed up mining these reward changing scamcoins..."Every 10080 blocks:#67201 Mar 1, 2014 9:52:34 AM 7920 Difficulty 11.94895065
#77281 Mar 11, 2014 1:42:30 AM 7880 Difficulty 17.35805563
#87361 Mar 22, 2014 7:38:41 PM 7841 Difficulty 7.91179439 Looks like only Jared left mining
#97441 Apr 3, 2014 9:15:07 AM 7801 Difficulty 11.12540833
#107521 Apr 15, 2014 9:24:08 PM 7762 Difficulty 19.86894542
#117601 Apr 30, 2014 5:56:59 PM 7724 Difficulty 15.08022371
#127681 May 21, 2014 8:41:05 AM 7685 Difficulty 80.43841606 Blocks are slowing down. Must be the ASICs taking over Scrypt multipools?
#137761 Jul 7, 2014 1:56:33 PM 7647 Difficulty 80.57865768 Slow.
Multipools having a ball with this Scrypt shitcoin that has nothing going for it at this point as far as the public can see.
Time to implement multi-algo and announce it on the first post here on this thread:If anyone would like to take on updating the Android wallet we can organize a community bounty for the project ( this is the idea behind digis4commits).
250k investment. LMAO.
N.B. This list of dodgy acts committed by DGB devs is by no means exhaustive. It's only what I managed to uncover with just a couple of hours research.
References:
- This thread
- Digibyte's block explorer
- Digibyte's github