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Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 967. (Read 3058816 times)

legendary
Activity: 1218
Merit: 1003
Since this question about mining SHA256 came up, I’ve been conducting a very loose practical experiment myself to compare whether it is better to mine DGB directly or mine BTC and then convert to DGB.
My initial findings are this; At 60 Sat price of DGB, what I have mined is very close to the same amount of DGB as I could directly buy with the BTC I would have mined. However, if I had mined BTC, I would probably have had to pay exchange fees to convert. For the small amounts involved this is negligible so I would say at this price, there really isn’t much in it.
If DGB rises above this 60 Sat price, it would obviously be more beneficial to mine DGB directly but then again that would be easily offset again as more miners start doing this.
Conclusions; we can expect the DGB Network speed to increase as DGB price rises above this 60 Sat price and drop off if it falls below.  


How is it going to be more profitable to mine BTC directly? You cam compare algo efficiency since this is a multi-algo coin, you may find something
It is more profitable to mine BTC directly when DGB price is under 60 sat at the moment, using a SHA256 miner.
hero member
Activity: 532
Merit: 500
Since this question about mining SHA256 came up, I’ve been conducting a very loose practical experiment myself to compare whether it is better to mine DGB directly or mine BTC and then convert to DGB.
My initial findings are this; At 60 Sat price of DGB, what I have mined is very close to the same amount of DGB as I could directly buy with the BTC I would have mined. However, if I had mined BTC, I would probably have had to pay exchange fees to convert. For the small amounts involved this is negligible so I would say at this price, there really isn’t much in it.
If DGB rises above this 60 Sat price, it would obviously be more beneficial to mine DGB directly but then again that would be easily offset again as more miners start doing this.
Conclusions; we can expect the DGB Network speed to increase as DGB price rises above this 60 Sat price and drop off if it falls below. 


How is it going to be more profitable to mine BTC directly? You cam compare algo efficiency since this is a multi-algo coin, you may find something
legendary
Activity: 1218
Merit: 1003
Since this question about mining SHA256 came up, I’ve been conducting a very loose practical experiment myself to compare whether it is better to mine DGB directly or mine BTC and then convert to DGB.
My initial findings are this; At 60 Sat price of DGB, what I have mined is very close to the same amount of DGB as I could directly buy with the BTC I would have mined. However, if I had mined BTC, I would probably have had to pay exchange fees to convert. For the small amounts involved this is negligible so I would say at this price, there really isn’t much in it.
If DGB rises above this 60 Sat price, it would obviously be more beneficial to mine DGB directly but then again that would be easily offset again as more miners start doing this.
Conclusions; we can expect the DGB Network speed to increase as DGB price rises above this 60 Sat price and drop off if it falls below. 
legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
I don't understand the miners.
They sell digibyte for pay cost electricity.
But why they're mining ? Don't mine and you don't pay cost electric? (if you don't trust in this coin)
Leave this market who have a good future.
I'm a miner of DGB and I'm holding.

+1 this something i also don't understand?

If you mine to pay for electricity and pocket no pay, you shouldn't mine just for the sake of mining; either it be Gold, or Cryptos.

That's insanity, Albert Einstein will tell you that all day in different words...

I tell all miners that if they need to sell more than 75% of their take for mining expenses, they shouldn't mine at all.

That's like working for someone, it's defies the point of mining; miners must have a drive to "strike it rich"... it's the premise of Gold Mining.

Every miner has to have the drive of striking it rich but if you don't hold any coin, that will never happen.

However, it's everyone's right to mine and sell their take... it's also everyone's right to hold...

Most who get into mining have no idea of the real life mining industry and lack technical know-how.

I don't care, I'll keep buying lots of cheap coins with Bitcoin and mine as much as I can.

Let's not hide the fact that DGB needs more big holding miners so the smaller ones who sell their entire pay won't matter.

What DGB needs next fork is.... PoS??  Watch how many start holding XD



I think there will NEVER be a POS for DGB unless bitcoin has one.
hero member
Activity: 622
Merit: 504
Your only Amigo, in the World of Crypto
the fact that they have so many meetings ever since last year till now in many different parts of the world...goes to show how much confidence they have in their own cryptocurrency, in Digibyte.

Now that is PRICELESS!
hero member
Activity: 798
Merit: 1000
dgb is a good coin. which coin has a bigger worth as last year at the same time /march? dgb is higher and has much more potential. Smiley
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
I don't understand the miners.
They sell digibyte for pay cost electricity.
But why they're mining ? Don't mine and you don't pay cost electric? (if you don't trust in this coin)
Leave this market who have a good future.
I'm a miner of DGB and I'm holding.

+1 this something i also don't understand?

If you mine to pay for electricity and pocket no pay, you shouldn't mine just for the sake of mining; either it be Gold, or Cryptos.

That's insanity, Albert Einstein will tell you that all day in different words...

I tell all miners that if they need to sell more than 75% of their take for mining expenses, they shouldn't mine at all.

That's like working for someone, it's defies the point of mining; miners must have a drive to "strike it rich"... it's the premise of Gold Mining.

Every miner has to have the drive of striking it rich but if you don't hold any coin, that will never happen.

However, it's everyone's right to mine and sell their take... it's also everyone's right to hold...

Most who get into mining have no idea of the real life mining industry and lack technical know-how.

I don't care, I'll keep buying lots of cheap coins with Bitcoin and mine as much as I can.

Let's not hide the fact that DGB needs more big holding miners so the smaller ones who sell their entire pay won't matter.

What DGB needs next fork is.... PoS??  Watch how many start holding XD

sr. member
Activity: 252
Merit: 250
I don't understand the miners.
They sell digibyte for pay cost electricity.
But why they're mining ? Don't mine and you don't pay cost electric? (if you don't trust in this coin)
Leave this market who have a good future.
I'm a miner of DGB and I'm holding.

+1 this something i also don't understand?
full member
Activity: 157
Merit: 100
Let me see if this works for me too: can I get a 70 sats for my b-day?

24 got his 40  Grin
when can we go party?

Today sounds fine Wink
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
Let me see if this works for me too: can I get a 70 sats for my b-day?

24 got his 40  Grin
when can we go party?
full member
Activity: 157
Merit: 100
Let me see if this works for me too: can I get a 70 sats for my b-day?

24 got his 40  Grin
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?

I guess I'm still new to the bitcointalk forum ... but, I've been mining for 2 years, started with a bunch of GPUs and moved on to asics.  I haven't been scared.  These sorts of discussions are super important, for everyone; I would say they're important even for people who do not mine.  

Also, because the past couple of days have seen our discussion focus on mining ... I though maybe someone would be interested in the following: I have a few (eight) of the 5-chip gridseed miners (hash scrypt at approximately 350KH @ 8-10w each).  I also have a gridseed g-blade 80-chip (scrypt: approximately 5.5 MH @ 120-130w).  Have all the cables (power and usb).  I turned them off mid-summer and they've been boxed up since then.  I didn't even want to bother with the hassle of selling them.   But, if someone here were interested in playing around with them for DGB. Send me a PM with an offer in DGB (shipping + whatever).  The g-blade might be worth a little bit more than the others.  The 5-chip ones are mostly novelty items.  I also have the raspberry pi controller, and a USB hub, but I'd prefer to hang onto those unless you made a fair offer.  If you're interested, send me a message and we can work something out (as long as it's paid in DGB and you intend to mine DGB).

PM  Smiley
sr. member
Activity: 245
Merit: 250

I guess I'm still new to the bitcointalk forum ... but, I've been mining for 2 years, started with a bunch of GPUs and moved on to asics.  I haven't been scared.  These sorts of discussions are super important, for everyone; I would say they're important even for people who do not mine.  

Also, because the past couple of days have seen our discussion focus on mining ... I though maybe someone would be interested in the following: I have a few (eight) of the 5-chip gridseed miners (hash scrypt at approximately 350KH @ 8-10w each).  I also have a gridseed g-blade 80-chip (scrypt: approximately 5.5 MH @ 120-130w).  Have all the cables (power and usb).  I turned them off mid-summer and they've been boxed up since then.  I didn't even want to bother with the hassle of selling them.   But, if someone here were interested in playing around with them for DGB. Send me a PM with an offer in DGB (shipping + whatever).  The g-blade might be worth a little bit more than the others.  The 5-chip ones are mostly novelty items.  I also have the raspberry pi controller, and a USB hub, but I'd prefer to hang onto those unless you made a fair offer.  If you're interested, send me a message and we can work something out (as long as it's paid in DGB and you intend to mine DGB).
sr. member
Activity: 245
Merit: 250
What's the status of a DGB paper wallet generator?  There are references to digiaddress.org, but the domain is parked.  And, I'm not sure if it was official or unofficial?
sr. member
Activity: 252
Merit: 250
Post 888! Just funny and remarkable lol

Haha 8 is my Lucky number also Grin
hero member
Activity: 532
Merit: 500
Post 888! Just funny and remarkable lol
sr. member
Activity: 252
Merit: 250

Thanks good one, for me personally it is not scary but very confusing all that high tec talking Smiley
legendary
Activity: 1288
Merit: 1000
What is going on here?  Huh

People think that hot discussion about mining profitability is essential.

At the market- as always nasty acummulation before pump.
hero member
Activity: 672
Merit: 500
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
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