The ASIC Miners Are on the market since decembre last year. And you Want to Tell me that today up and down is because of the ASICs? Sorry guy, But you have no idea what you are talking about...
The new batches arrived last month, since then the difficulty skyrocketed and killed the coin. DYOR instead of saying I don't know what I'm talking about.
The only things ASICs are doing are; A, securing the network and B, reducing the power required to mine a particular algorithm. Right now, they are really helping to secure the DigiByte network as well as making some of the cheapest available DGB for people just joining the DigiByte party.
DigiByte is attracting a lion share of these new ASIC miners and needs to consider carefully disrupting this emerging market and possibly making DGB far less secure than it currently is at the same time.
There is really next to nothing that will remain only minable by GPUs, or this algo change at DGB would have already happened.
The centralizing effect of ASICs are being partly addressed by the current consideration of adding a 6th POS algorithm
maybe it will happen?
But if ASICs were the problem
.give us your solution, what exactly would you be changing at DigiByte and why?....but remember Security is at the heart of DGB, so suggesting anything that will make it less secure than it currently is.....well isn't going to sound that great!
Your line of thought is flawed because security is not a problem for digibyte and never was, ASICs just centralize mining too much and that's the problem with every major coin. It's sad to see DGB became a whale/ASIC coin.
When will the algo change happen? Any date announced allready?
No algo change is gonna happen any time soon, if ever. The devs and their friends have been making big bucks since the previously ASIC-resistant algos became mineable by ASICs, something they certainly knew was gonna happen way before it did and I'm 100% sure they already had their ASICs ready to go.
. Finally someone who understands.