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Image source: Mining DigiByte isn't that hard. It's even easier than many other coins due to the multiple supported algorithms. The following How To should give you a insight, how to successfully mine DigiByte.

Why DigiByte? DigiByte is a very young cryptocurrency with it's main audience at the gaming section. As we've written before,. As I'm writing, DigiByte is at around 31 sats. A few days ago it was at about 21 sats. So you can see the huge potential here. DigiByte also offers mutiple platforms where their currency can be used, as well as multiple ways to earn DigiByte (aside from being mined).

Check out our article about ' to read more. A list of pros for mining DigiByte There is a list of huge pros for mining DigiByte. Some reasons are: • Difficulty: DigiByte is a young cryptocurrency.

This morning it became apparent that the cryptocoin called DigiByte ($DGB). DigiByte price is soaring DGB Minecraft Memes and Citibank. And cash – to the. You can mine DigiByte on one of five separate mining algorithms. Each algorithm averages out to mine 20% of new blocks. This allows for much greater decentralization. You can mine DigiByte on one of five separate mining algorithms. Each algorithm averages out to mine 20% of new blocks. Digibyte is a Proof of Work cryptocurrency based on a multi-algorithm system that allows users to mine it through five different algorithms. DGB has recently grown in. Digibyte is a Proof of Work cryptocurrency based on a multi-algorithm system that allows users to mine it through five different algorithms. DGB has recently grown in.

With that being said, the difficutly is very low in comparison to other cryptocurrencies which are now actively and widely being used. For example, I use my Scrypt mining stick with round about 130 kH/s and I'm still earning several DigiBytes a day! • Multiple algorithms: DigiByte supports multiple ways to mine. You can mine with Qubit, Scrypt, Sha256, Groestl and Skein. Due to this different algorithms, DigiByte is CPU, GPU and ASIC miner friendly. Browser DigitalNote XDN Miner.

• Undervalued: If you start to mine for DigiByte right now, the outcome will be very low. But DigiByte is very undervalued. Even in the last days, DigiByte jumped from 20 sats to 33 and there is a lot of potential for the future here.

So, see this as a longterm investment. • Unique: The ideas behind DigiByte are really unique. The DigiByte developers are building up multiple platforms where DigiBytes can be used. There is also the possibility to earn DigiByte while you play Counter-Strike of League of Legends. All this is very exciting and unique for sure.

There are several more pros, but we will stick with this ones for now. Ok, so let's start to mine some DigiByte. Registering for a pool Even if the difficulty is very low, you should go with a mining pool on DigiByte as well. There are several pools which you can use, but if you ask me for a recommendation I would say go with. The Blocks Factory has decent fees and is working very well here on multiple devices.

You can register yourself here:. Building the cpuminer If you registered yourself for an account, it's time to start mining! In this tutorial we mainly go with the CPUMiner.

At the end I will talk about my as well. Basically it's the same procedure as I described before at my post on how to mine with your Raspberry Pi. So and jump to ' 2.

Building the mining software'. After you have done this, come back here and go on with further steps. If you already have the cpuminer built and installed, you can proceed with the next step in this tutorial here.

Start mining To start mining we need the stratum pool address. If you decided to go with The Blocks Factory for mining DigiByte as well, the following command starts the mining process: Of course you have to change YOURUSERNAME with your username you've used while registering at The Blocks Factory. The host1 value has to be changed for each host.

So let's assume you want to mine with 3 different hosts, this means you have to use unique values here for each host. For the -p switch you can use whatever you want. The password is not really used at this point. So you can go with 'x', 'foo', or anything else you want. As another example, to mine with my ASIC Scrypt miner stick (), the command cgminer would be like the following: Profit? As I said earlier, DigiByte is something for the future.

So see this as a long term investment. The outcomes are pretty decent right now, even if your mining hardware are just offering some kH/s. So sit on your DigiByte for now. Maybe the future will give you a nice and decent outcome;).