Today I want to give you my complete DigiByte Coin Review! As of today DigiByte is the worlds 61st largest cryptocurrency.

More Minecraft DigiByte DGB videos. Hello, Minethatdigi is official DGB project or they just want advertising on this coin?

I want to take a look to see what makes this technology tick. I will make a few predictions for the future. I’ll also talk about the applications where this coin may see some advantages. Lets get started with DigiByte shall we? DigiByte Coin Review DigiByte is currently the worlds 61st largest cryptocurrency. With a market cap of around 327 million dollars. It’s currently trading at around.03 cents.

Here is a screenshot of DigiByte from: What I find really interesting in this project is it’s been a blockchain technology for around 4 years. It has a solid foundation and also a solid team. The unique value proposition is a little bit difficult to understand.

I’ve seen many coins just in the past couple months that are fairly unique. They are pretty easy to understand their value proposition. The more that I research DigiByte the more that I realize maybe this technology isn’t widely different from some other blockchain technologies.

Maybe the real value in it’s platform. Take Ripple for example they have a very unique use case.

In return they have a very defined target market. I feel that DigiByte is very broad in it’s scope of work. The coin itself has been around since 2014. It’s lead developer Jared Tate is a very talented public speaker. He also has a firm understanding of the blockchain and blockchain technologies. DigiByte does have a lot of interesting applications.

For example DigiSign and DigiDoc. There is also a prototype showing how certain cryptocurrencies can be incorporated into games such as Minecraft. I do think some of the hype between the DigiByte and Minecraft merger is overblown.

I think some people when they found out about this opportunity were assuming DigiByte would be a digital currency within Minecraft. Some cryptocurrency folks were thinking this could give it huge exposure. Possibly building a huge DigiByte base. I think possibly this was misunderstood. DigiByte Gaming Currency What DigiByte actually did was create their own server and reward players for some very specific actions. So it’s really a proof of concept showing you can use this type of digital currency in games.

So it doesn’t just have to be Minecraft. It can be any game. I do think this offers an exceellent use case because if you’re a game developer. If you want to use a currency that has value in the real world it could be DigiByte.

It is a huge technical task for a game such as Minecraft to do this themselves. Now you have to keep it safe from hackers. Keep integrity within the game etc. If it is a real currency and you want to implement it fast i think it would be much easier to use an excisting blockchain technology. Something like Digi could be a big advantage with an already proven blockchain etc. As an example.

Instead of World of Warcraft having to develop their own cryptocurrency. It would be able to just use the DigiByte technology and the Digi coin. Then World of Warcraft could easily exchange value between the players. So on the large scale like World of Warcraft it may not be necessary because they have so many developers and have so much money in the game. For smaller games and indi games I think that using a real world cryptocurrency in a game would offer a lot of advantages. I really believe a lot of people are hoping for when investing in DigiByte. DigiByte – The Real Value First thing I want to point out is the exchanges the Digi coin is being traded on.

As you can see some of the big ones. So it’s a very trusted coin and has a bit of history behind it. So over the past 4 years DigiByte has been a very solid blockchain technology.

It doesn’t have a very unique value proposition. But what’s interesting if you start to follow the news you’ll see why this generic blockchain technology could really explode. I do believe DigiByte could be very valuable to a lot of these smaller games.

You have probably noticed just in the past couple months central banks are taking notice of blockchain technology. I do believe fiat currency is under thread from digital currency such as DigiByte. The way we have regulated fiat currency in the past through government controls and regulations. It seems like it’s NOT going to work in the cryptocurrency space. So I think a lot of major players are way behind when it comes to this technology. The fact that DigiByte is 4 years old. The fact that it’s a working platform.

I believe it makes it right for opportunity. I think as more and more big players come into the market. They will need to understand this technology better. If they can’t implement their own blockchain. There will be some really big advantages to incorporating pre excisting blockchains like Digi for example.

It’s tough for me because it’s a very speculative gamble. I normally invest in coins that have unique value propositions. Or they are going to do something technically different from everyone else. DigiByte Technology However in the case of DigiByte I really think that this is a blockchain technology that’s good and it’s working. It also has a very unique mining protocall which is between 5 algorythms. Some are Asic friendly. Some are GPU and CPU friendly.

That provides it’s security. However that alone is not enough for me to invest in DigiByte. I think the real investment opportunity with Digi is to speculate it can easily be integrated into other pre existing platforms. There are MANY platforms out there that could eventually need DigiByte blockchain and technical savvy. For this reason I would be intersted in investing in the DigiByte coin. If there was ever a time to start buying DigiByte coins it’s now. DigiByte wouldn’t be at the very top of my list because of it’s uniqueness.

However I do believe DigiByte could easily increase in value over time because of a few reasons. It’s been a working platform since 2014. Unlike many coins out there that claim to have a great platform but we all know they don’t. This cryptocurrency is the real deal. Only time will tell if it DigiByte will go “to the moon” but it very well could. My #1 Recommendation Whether you’re going to invest in Digi coins or not this applies to you.

Cryptocurrency is absolutely BOOMING! Myself and the team are constantly looking for new ways to help you profit. After reviewing hundreds of ways to make money on the internet this is my #1 suggestion! This is the only system you can make money without sponsoring or selling anything.

You can’t afford not to learn how 👇👇 If others can do it so can YOU! One day in the future you will thank me 🙂 Wishing You Only the Very Best! Email: Skype: joshkpaiva Also Follow me on Social Media Below.

DigiByte (DGB) is a fast-growing global blockchain for security and decentralised payments used in 82 countries. DigiByte has many features, including lightning speed transactions with minimal or nonexistent fees. You send and receive DigiBytes to or from any DigiByte address in the world in a matter of seconds without having to register or have hidden charges. DigiByte also allows you to secure your data, documents and contracts in a way that has never been possible before. Digibyte is a very fast cryptocoin which is a cheap and easy to mine currency at the moment. We will learn how to mine Digibyte in Windows 10, using a GPU on an Nvidia video card or AMD video card. Join a Mining Pool The first thing to do is join a “mining pool”.

There are several “mining pools” which work without problems. Two excellent mining pools for Digibyte are and. Scrypt Mining Pools: SHA256 Mining Pools: Qubit Mining Pools: Skein Mining Pools: Groestl Mining Pools: Before signing up, it would be recommendable to have a Digibyte digital wallet (they will ask you for the wallet address). If you do not have one, you can download one here from the official website. If you have an account on an exchange, such as Bittrex, you can also create a wallet there and mine directly to it.

To mine in certain pools, you need to optimize the miners with Myriad-Groestl which is DGB algorithm: AMD – Nvidia – Create a Worker We will be using Miningfield for this tutorial. After you have signed up for an account and logged in, on the drop down menu, you will find the “My Account”, and then you must go to “My Workers” to create a worker. A screen will display a box with the title “Add New Worker”. Enter the username and password you want in the text boxes, and hit the “Add New Worker” button Download Mining Software The next step is to download the miner, CCMiner is best for Nvidia cards and Claymore for AMD Cards. CCMiner for NVidia Claymore Miner for AMD Once you have the zip, extract it to a folder on your PC. Create.bat File This step is where things get a little tricky. Now you must create a CCMiner config file which is saved with a.bat extension.

Create a text file in notepad and enter the following information: ccminer-x64 –algo=skein -o stratum+tcp://eu.miningfield.com:3398 -u username.worker -p yourpassword To create a. Bat file, simply open up notepad and save the file in the same folder as your mining software with a.bat extension ( change “save as type” from text to All files ). Save the file, we will fill in the information in the next section. Then, modify the URL to any of the ones that appear in dgb.miningfield.com. Example: “url”: “stratum+tcp://us.miningfield.com:3397” Finally we will change the line of the “user” and the “pass.” The “user” is the user name of your dbg.miningfield.com account (in step 1) plus the name of the worker you created (in step 2) Example: username.worker “username” is your account username at Miningfield and “worker” is the worker name you created before. The “pass” is the key to your worker Example: “url”: “stratum+tcp://us.miningfield.com:3397”, “user”: “username.worker”, “pass”: “mypassword” Start Mining Run the.bat file you created which will start the CCminer application, and if all goes well, the MH/S and the blocks will appear. One of the best things about mining Digibyte is that you can continue to use the PC while running the miner because it does not slow (lag) the machine, which means you can keep working on it in other programs.

You can also mine from the pool with CPU, but some people do not see it profitable. How Much Siacoin SC Can I Mine With My Computer on this page. It is a matter of trying to configure according to the characteristics of your CPU and looking at the capacity of hash/s you can get.