The Interest in DigiByte Has Skyrocketed Temporary

16 Oct
2015

digibyte-logo

The alternative crypto currency DigiByte (DGB) has shown a temporary peak in interest with trading on exchanges that literally skyrocketed many times over other coins that are more popular, but again this was only a temporary peak in interest and thus in the price of the coin. The interesting thing about DigiByte is that it uses five independent mining algorithms to process transactions over the network with each algorithm accounts for about 20% of all blocks discovered on the network. This allows for greater decentralization as currently three of the five DigiByte algorithms are ASIC resistant and much better for GPU miners. The best GPU algorithms to mine on are Skein, Groestl and Qubit and you can also mine Scrypt and SHA-256 with an ASIC if you already have one. The DGB coin is traded on some of the large altcoin exchanges such as Cryptsy and Bittrex among others, so if you are looking for something new to try on you might give DigiByte a go though in the next few days we are probably going to see it get back to the previous price levels.

For more information about the alternatice crypto currency DigiByte (DGB)…



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