Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 792. (Read 3058816 times)

What USB miner for using with Raspberry Pi 2 would you suggest that does not consume much electricity (few cents a day?) but mines somewhat meaningful amount of DGB? Whole operation runs at loss of course.

^^  No radical changes and stay with Bitcoin algo,, But POW/POS is intresting to look at? Explain more please

Good point choppy123, but I think we should follow Bitcoin in terms of algorithm type, and no radical changes should be made. Having said that I agree that POW/POS would be interesting, which was mentioned hundred pages before.

This is why I'm suggesting an approach that Ratecoin uses. DGB could be a POW/POS hybrid. The investors with a large number of coins would be encouraged to both buy more coins and keep them longer with the Ratecoin approach. I have been investing in alts since the early days a few years ago. Digibyte needs to make a move like this. Lots of good potential but I agree, full POS is not the way to go.

Yes i think this coin is undervalued because, i`m just holding my pile and buying even more

Clearly there are still some weaker holders to get rid of. This coin is genuine, but is a long term one. Anyone complaining that the price is too low now should question why they bought in the first place. This is not a quick flip for any traders looking.

Btw I'm not trying to get anyone to sell, I own a lot of dgb and I'm currently at a loss. However when I bought I was prepared to hold for a longer time frame. I'm also very interested to see where this coin can go, it's got some lofty goals, but has been consistently improving since it's inception.

I don't have time to trade, so I only buy and hold. If we go any lower I'll be scraping spare pennies to buy more, I'll not be shaken out.

There is a lot of hard work going into this coin behind the scenes building infrastructure etc. I don't see many other coins doing the same.

mine and hold DigiByte all the way to the future! I don't want to buy shit with it now. Buy it at its market price, only people that want it to move up fast are pump and dump artists. Jared have a holiday mate, these fu*** are just trying to put you in an early grave, make them wait.
1.25 BTC will buy you everything available on cryptsy up to 29 sat because everyone is queuing up to get out of DigiByte. If you are thinking about it, don't, follow above advise.

what could you buy with bitcoin when its $ price was this low, what could you buy with it when it first hit $1 or $100?  Being first to market is an incredible advantage. Truthfully, BTC,LCT,Doge and DigiByte are all very vulnerable in use when being converted back to fiat, so use can not be the only concern. They will either all succeed or all fail ultimately if they are genuine and they can only fail if they are not. Price just makes the stuff interesting to people that know absolutely nothing about it, when it rises and not the other way round. If everyone that ever got involved with bitcoin was solid with a vision for a better future, it would have almost already taken over. Now they are ready for us.

More than likely a bot or number of bots trading it and fighting againt them self.

I have seen a lot of volumes going around and I did have a lot of this one when it first come out and made some progress and worked it ways up on exchanges and worked up the price chain. Eventually I had cashed most my stock out. I still have some left of this coin sitting around going to leave it sat in my wallet and see if this actually makes any progress in the future as right now all I see  like many others just dumping and cashing out and not enough updates being done to improve coin and keep the hyip and members coming back for more. I would love this coin on many sites to buy items but again many coins come out and theirs not enough services to continue its growth. I have been on this coin since the beginning. I will no doubt be on it in the future but wont be doing much with it unless I see movement in the direction of places accepting it and being used like BTC, LTC, Doge

would whoever is dumping millions of digibyte on the buy side just put it up for sale for a couple of sat more or the sell side or I'll just assume you are selling it to yourself!

This is the main reason the coins price won't fall to Nobles level because it has a very good start with 250 000 USD investment. Noble has to work for free and on donations so it will never compete.

Any transparent and traceable record of how those funds have been spent??

Otherwise funds can be run out anytime and no one will donate more

I think we go to 15-17 sat. No interest on digibyte, millions of coins every day, and other projects are much more profitable. nobody needs a long time view atm in the cryptoworld. what is in 2 years or 3 years? nobody knows it. a big issue in my opinion is that everyone looks at the action of jared. this is a massiv pressure and on the other side a failure point. by the way, noblecoin has 2.5billion and stand at 7-8 sat. From this side, dgb is very overpriced.

Guldencoin is a country coin that allows Dutch people to use guldencoin when they travel at bitcoin merchants with app called Nocks. They don't need as much supply as Digibyte which is going for global reach. I think the digibyte price is nearing a bottom at the low 20s and further drops will mean it has been over sold.

Quoted for emphasis (albeit I disagree on having the miner in the wallet). Seriously, not even the gaming industry is successful in having consumers upgrade their GPUs, you guys have basically no chance.

You wish it could be so easy. Difficulty fluctuations happen all the time; the choice of algorithm is far from being this trivial, there has been some work.
Besides, GPU load% is a truly irrelevant metric, you can get 95% and be perfectly smooth, 98% being a bit off and 99% basically unusable. Scantime is a slightly more reliable metric but on modern GPUs that guarantees very little as well and when different driver versions enter the picture we're basically screwed.

Let me tell you guys, the gaming industry has tried to solve the issue of variable workloads (even though they run dedicated process most of the time) for at least a decade and the solutions are just not there yet. You cannot predict the performance of the next tick and by the time it gets choppy the damage is already done.

What you can do however is providing the slider you mention and informing the user what this slider does in concept.

Last time I used DigiByte easyminer, it pulled a config for me. Leaving aside it was far from optimal, it made my system quite choppy. Not unusable, but definitely not something I'd tolerate if not because I like DGB.

Holy shit. I don't count anymore how many times I wrote this. I understand in your 'core miner' mindset it might sound as nonsense so I'll try to be clear.

We occasional miners don't give a fuck about the cost of electricity - our PCs are already turned on to do our work.

We occasional miners don't give a fuck about how much the crypto trades because we don't trade it, we have better things to do rather than looking at the ticker. Such as having ways to spend what we get.

Occasional miners don't get in the game as it's too complicated. There's no central repository of information, no easy way to understand if everything is working right. At least /r/digibyte is user friendly but those forums are basically useless.

And when one goes through all this, how is he rewarded? Legacy miners make my system very choppy. Sometimes I cannot even use notepad, let alone a full word processor. They impact my productivity which is my primary interest. That's why I am an occasional miner.

To that degree the DigiByte easy miner is sure a step in the right direction but that's still not enough. It must be clear that total hashrate isn't what concerns us. It is how much productivity I give up to mine something I want to just try.

I would suggest we wait to see how the change works for guldencoin, they have a exceptionally smart development team and aren't just good devs but know basic market fundamentals. They keeping total supply at 1.68 billion but releasing the coin at at a more stable rate.  It might not mean a price increase for them but I believe it will give them a stable price with all the services and merchants they have.

This is just my opinion and its not in anyway a dig at you jumbley. I don't think there is an conspiracy to hold dgb down in price mining at a loss. There are so many altcoins nowadays that nobody cares against one nor wants to pin one down. What reigns supreme is money they make... the coins nobody cares for if easy enough to mine they see as an easy way to get more bitcoin.

This is the plain blatant truth about DGB and its not an attack but merely facts.
- There is way too many DGB produced per day per what is consumed in purchase. Supply far outweighs demand... its that simple.

Ok but the point is DGB is meant to be a micro payment amount so there has to be more of it.... so the only problem we have is oversupply and not enough demand... what drives demand? That's right people and services to consume and have the flow of this supply. Unfortunately DGB has neither of those at present. Its not an attack on it just the obvious like most coins... lots of wallets and dev but no actual dev in use. A coin with a wallet and programming projects around the currency are useless unless there is projects for use! a gaming wallet whilst nice is useless unless there are gaming services to use that said wallet and currency. You can't rely on others to make these the dev core needs to have something that paves the way and shows others it can be done. Why would I want to use DGB over say bitcoin, litecoin, netcoin etc? All are cryptos... blocktime isn't something large enough to win someone over.

- There is a lot of dumping on mining and not enough buying

This is a big problem I noticed and one of the main ones on why I exited a lot of my holdings. I love the digireport and what Jared does but i'm not confident enough in my wallet at present with the large supply to hold onto my coins. I actually made a smart move exited bought litecoin on the cheap sold on the high pump and invested into netcoin where I am staking each day a substantial amount. True at present netcoin is on par with DGB on services, both have good dev teams but my stake interest is somewhat protecting me on a price down spiral.

- Everyone get rasp pis or mine a little

This is partially a dead end. It'll help somewhat for the tech savy but be useless en mass. I'm not sure why my suggestion was ignored many times for this.... I identified the issue a while ago as I saw the sell patterns. If you want to distribute the wealth and curb the mining issue for the bigger people then integrate a miner in the wallet. Everyone has a PC, 90% don't have the knowledge or interest in getting an asic, setting it up then paying power to mine. Those that do is icing on the cake and keep up your motivation for them but it needs to be easy and available.

You want to fight the miners and you want masses to use it? Then put the miner in the friggen wallet 1 button that says start coin making and have the slider on 20% default for cpu / gpu usage. Have the wallet detect the users graphics card and work like this

if(graphics card detected >= GeForce 650)
{
mine using quibit (set to 30% gpu)
}
else
{
mine using cpu algorithm (use 20% cpu)
}

have a slider that lets them drag from 20% to 80% and let the wallet do the rest. If you want the masses to adopt then why don't you want the masses to secure more coins? people love free stuff.... and whilst it uses elec they have it being consumed by pc anyway then give them the chance to make more coins.....

Ask yourself this... if people have to buy coins and can't make them themselves for next to free.... then why should they buy dgb over other coins? Most are more profitable and that's what drives people.... profit in the form of goods buying or fiat return. I'm not going to say anymore as I sound like I broken pathetic record now. I still do like DGB's direction but at its current form I am not personally desiring to get more of it. I am however watching for that turning point to jump back in big.

Jumbley dgb will have it's time in 5 years .  The main issue is that on the 3 non scrypt algorithms if you know what you doing you can use USB asic. This makes electricity costs very cheap. Even some scrypt and sha miners are mining with very low energy costs. Even at a price of 10 they will make a btc profit, but you are correct most miners only care about btc.

one day there will be small efficient miners massively distributed all over the world in everyday products mining what today looks like bitcoin, that's where the investment is going. It is going there because that is where there is a network speed that puts it out of reach of the most sophisticated super computers of today. If it can mine bitcoin it can mine DigiByte, with five different algorithms, this holds true for almost any mined crypto currency!