Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 808. (Read 3059029 times)

Just place buy orders on cryptsy to get coins cheaper. Bittrex prices are 4-8% higher most days

maybe 20sat

What will the price be in 3 weeks?

4,591,800,991 (DGB) / 14,394,225 (btc) = 319

In time there will be more dgb per bitcoin until an exact ratio of 1:1000 is reached after PoW phase is completed for both coins.

Can you please explain, I don't get the relation between the Bitcoin supply and Digi supply...

you forget the supply over the time line. ;-) (When reached the bitcoin 21millon goal ...)
compare with DOGE, it is more than 8 times overrated

Another interesting stat to take into account.

Real bitcoin Amount vs Real Digibyte Amount in ratio:

Current date:   For every 1 bitcoin today there is 318 digibyte. 
Total Coins:     For every 1 bitcoin (21 million) in existence there will be 1000(21 Billion) digibyte.

With time digibytes ratio to amount of bitcoins will increase over 3 fold which could ultimately mean more price pressure to come over the next few years.

delete

wrong place - bad post, and no pretty chick handy to fill in   

http://asistec-ti.com/tba/pricecalcs2015.htm
https://bitcointalksearch.org/topic/m.11896304

And thanks guys for the ASIC info. Looks like about a 1 year ROI if you're mining DGB. Yeah, it looks like the ASIC's are actuallly operating at a profit. My "ASIC math" was bad - it had been a while since I had looked at this closely - and WhatToMine's numbers look good to me. In any event, the phenomenon is still very clear: when DGB was trading at 50 SAT it was at the top of the profitability list for ASIC's. Now it's been knocked down to a more average coin price, for ASIC's.

Eliminate the ASIC's and breakeven on the other algos looks to be something somewhere around 100 SAT. The default settings for GPU's on WhatToMine do not exactly correspond with my experience - for example my same machine hashrate equivalents for Groestl - Skein - Qubit are 10 MH/s - 30 MH/s - 1.15 MH/s respectively. My numbers could be out of date if a new or more efficient miner has been developed without my having heard about it (which is very possible since this really only gets my hobby time).

Hi HR,

What do you mean with the 50.000 to 1 longterm appreciation potential?
I don't understand what that means

https://bitmaintech.com/productDetail.htm?pid=00020150303095018716e2uWKIA70662

There is little choice atm. If you want to buy new, the bitmain S5 machines are pretty power efficient and have a decent track record.
 

It's hard to say, I have what I have and I'm not in the market for anything new really but on a much smaller and affordable scale for DigiByte Knights at home probably something like Bitmain U3 because it has been mass produced by a company that has, on the whole, did what it said it would on the tin.
https://bitmaintech.com/productDetail.htm?pid=00020150109104550452NTD3NdYY0669

This is not as power efficient as some of the kit being run by large mining operators but most of them are seriously chasing Bitcoin.
So, It would also require you to buy DGB at the same time as mining to help really put the pressure on, perhaps you could buy at least equivalent amounts to what you mined.
If only somehow we could convince the community to do this as we grew in numbers. I think a device like this would probably mine maybe 2000 DGB today.

The efficiency of asics are being pushed to their limits behind closed doors and I think it is entirely likely that they will end up in everyday products in the future. The investment behind this is massive!
There are so many variables in this business it really isn't funny.

Most ASIC manufacturers have moved firmly away from supplying the general public as Bitcoin mining has become predominantly a commercial exercise. The big boys have definitely moved in and they are playing for keeps. We really would need to rally and put up some serious network speeds to have any chance 'at all' of putting any flies in their ointment.

I think renewable energy should be at the forefront of miners minds, the world is capable of producing it now if it chose and it's pretty low tech everyone that isn't stupid can see why we don't.

@DigiByte,

There's an old saying that goes, "ask and you shall receive". Well, I do my part by asking. 


I don't see any link to www.digibyte.co on the OP. If it's not just the case that I'm blind, could we get a prominent www.digibyte.co on the OP?

And one other request along the same lines (you know I never ask for just one item), could we also get the following "Useful Links" on the OP like we have them on the website?

    DigiByte Group
    DigiByte Wiki
    DigiByte Price Ticker
    Asistec-Ti
    Coin Gecko
    Coin Market Cap
    Crypt Market Cap
    CoinWarz
    DigiByte Distribution
    CoinDesk
    CoinTelegraph
    CryptoCoin News

I've set this up so that it's a quick cut and paste for you if you think it's a good idea.

But what hardware would you recommend? What's available on the market right now? That's new and ships immediately?

Only buy miner for purpose of securing DGB network because buying coins for same price on market will get many more coins for you unless you have free electricity.

Ready to go. Any final suggestions?

http://asistec-ti.com/tba/midyearreport2015.htm

Question: if I were to buy a scrypt or sha ASIC miner NEW, not used, what would you recommend?

Thank you Jumbley for correcting that gross oversight on my part.

As for moving my hash to Digihash, unfortunately I have everything shut down for the summer. I can normally justify mining at a loss since my time horizon is long term, but adding to that the heat my cards would have to suffer in summer is just too much.   

How about this for an experiment; everybody that considers themselves to be part of the true Digibyte community ' the knights' move into the official pool digihash for the weekend and lets see what we have.