We would love to get some updated mining feedback from people. What is working and what is not. As mentioned by Jumbley DigiByte has 5 separate mining algorithms. Each other counts fo 20% of new blocks mined. Sha256 and Script are mined by Asics.
We would like to get feedback as to the success people are having on Skein, Groestle and Qubit.
Last week was a great week for DigiByte! We have met with a lot of major institutions. This process is a slow one as a lot of talking to the involves educating them. The gist is we are positioning the benefits of DigByte as a public chain to them. Everyone wants a private centralised system, but the reality is only a public decentralised chain provides the security that "blockchain" has become synonymous for.
I would like to invite everyone to post any questions they may have here and I will answer them over the next few days. Thanks again everyone for being such an awesome community! DigiByte on!
- Jared
With my GPUs, I have been staying with the qubit algo, it seems to be the best for power consumption. I have also mined skein & groestl with GPU, but mostly I stay with qubit, and very rarely I'll go back to skein for awhile if I want a change. I keep all my mined DGB from qubit/skein/groestl in my wallet.
I have two small scrypt asics, I used to mine DGB with them, but for the past several months I have them running on a multipool (DGB is one of the coins it switches to from time to time). I seem to get better results this way I take the coins I mine on multipool and sell them on bittrex/poloniex and use that to buy DGB.
I use the CPU on my linux box to mine DGB-qubit. I know that it's not really a good idea because it uses around 30-40 watts I think. (I'd have to check my kill-a-watt meter). But I do it because it's a fun project and I don't care that much about the power usage.
I've never mined sha256. Sometimes I wish I had a small sha256 asic.