Post
Topic
Board Announcements (Altcoins)
Re: ★★ DigiByte ★★ [DGB] ✈ 1st Scrypt Coin to Implement Bitcoin Core 0.9.0
by
Moxymore
on 28/03/2014, 21:28:01 UTC
In the end we definitely do not want hashing power to become centralized & we like the idea that anyone should be able to mine DigiByte with very little associated costs.

The question is in the future how many people are actually going to be mining when we achieve main stream adoption? Maybe 5% of users a year from now? What are your thoughts?


Impossible to answer imo, this depends on how Digibyte will grow or decline. If all your efforts, dev's and community's efforts, will be rewarded by a huge amount of trade and nice value per coin in few months, lot of people will probably mine DGB as a standard, and it's not impossible to see an average net hashrate of 30 Ghs+ like the DOGE community.

Regarding the algorythm, I have a question because i have no knowledge in programming : is there any way to have a fast and secure algo which will give a maximum fixed amount of shares per minute/kilohash per minute AND per device?

Imagine an algo which will fix a maximum hashing power per devices (GPU Card/ASICS/Grid Seed/CPU etc...) at, for example, 200 Khs. Limited at something like 8 devices per IP/MAC adress, all people will have a proportionnal amount of coins, and will save a lot of electricity because  running a Graphic card at lower intensity will bring the electricity bill lower.

I'm just suggesting a beginning of reflexion, this is maybe not possible. Please gimme some light in this darkness Wink