All About BTC, LTC, ETH mining as well as other alternative crypto currencies
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.
DigiByte (DGB) is a rapidly growing world-wide decentralized payment network & highly scalable blockchain, inspired by Bitcoin. DigiByte allows you to move money over the internet similar to PayPal & Western Union but with many improvements, including lightning fast transactions with minimal or no fees. You send & receive DigiBytes to or from any DigiByte address in the world in a matter of seconds with no required sign up, registration, or hidden fees. DigiByte is the 1st coin to fork to multi-algorithm mining for more fair distribution, with 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out, also the 1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).
– at GitHub
– RPC Port: 14022
– P2P Port: 12024