DigiByte (DGB) is a fork of Bitcoin, which means that DigiByte used the same programming as Bitcoin to get started but changed the programming to make it better. DigiByte was released on January 10, 2014 and is currently 53rd in terms of market capitalization.
DigiByte is a Proof of Work (PoW) cryptocurrency based on a multi-algorithm system, with the purpose of allowing users to mine it through five diverse algorithms. DGB is a rapidly growing world-wide decentralized payment network and highly scalable blockchain that allows you to move money over the internet similar to Western Union and PayPal but with many improvements, including lightning fast transactions with minimal or nonexistent fees. DigiByte has established a reputation for being on the cutting edge of crypto-development and users can send and receive DGB to or from any DigiByte address in the world in a matter of seconds without having to register or have hidden charges.
DigiByte has a dedicated community and nearly 100,000 nodes across the globe, and its supporters argue that it’s the sleeping giant of cryptocurrency. According to its fans, it’s on the cutting edge of crypto-technology and they believe that its superior technology will win out against Bitcoin, Litecoin, and other top digital cash options.
How Is DigiByte Different from Bitcoin?
Among the many changes from Bitcoin are a 15 second block time (placing it around 40x faster than Bitcoin), a throughput of around 280 transactions per second (that’s fast compared with Bitcoin’s current eight transactions per second), five different mining algorithms, fast transaction time, and low transaction fee or no fee at all.
Like Bitcoin which has an upper limit to the number of Bitcoin mined (Bitcoins are limited to a total issuance of about 21 million coins), the DigiByte blockchain will mine 21 billion DGB over the course of 21 years (there are currently 8.1 billion DGB in circulation).
DigiByte is a very fast cryptocurrency that is currently cheap and easy to mine. Today, we’re going to show you how to mine DigiByte in Windows 10, using a GPU on an AMD video card or Nvidia video card.
Part 1 – Join a Mining Pool
The first thing we need to do is to join a “mining pool”. There are several “mining pools” currently available that work without any issues. But in our opinion, https://dgb.miningfield.com/and https://dgb-groestl.theblocksfactory.com/ are the best mining pools for DigiByte.
Scrypt Mining Pools
SHA256 Mining Pools
Groestl Mining Pools
Qubit Mining Pools
Skein Mining Pools
Before you sign up, make sure you already have a DigiByte wallet (they will ask you for the wallet address). Crypto exchanges allow you to store your DigiByte in your account. However, it is recommended that you get your own wallet that you control. There are several official wallets for DigiByte available – Windows, Linux, Mac, and a Chrome extension – and you can download one here from the official website. On the other hand, if you have an account on a crypto exchange, you can also create a wallet there and mine directly to it.
In some pools, you need to optimize the miners with Myriad-Groestl which at the time of writing is the most profitable algorithm to mine DGB with:
- Nvidia – http://theblocksfactory.com/ccminer-1.2-myr-gr.zip
- AMD – http://theblocksfactory.com/sgminer-5-0-1-windows-gr.zip
Part 2 – Create a Worker
For this tutorial, we’ll be using Miningfield, but there are a few more to choose from. After you have signed up for an account and logged in, hover your mouse about “My Account”. After that, go to “My Workers” to create a worker.
You will see a box with the title “Add New Worker” on the screen. Enter the username and password you want in the fields provided. Click the “Add New Worker” button.
Part 3 – Download Mining Software
The next step is to download the miner. For AMD Cards we recommend Claymore miner, and for Nvidia cards we recommend CCMiner.
Once you have the zip, extract it to a new folder.
Part 4 – Create .bat File
This step is a little tricky for most users. In this step you will need to create a CCMiner config file that is saved with a .bat extension. Go back to the folder where you extract the miner, right-click the file, click open with and select the notepad.
Create a text file in notepad. After that you need to 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. Save the file in the same folder as your mining software with a .bat extension (change “save as type” from text to All files). We will fill in the information in the next section.
After that, you will need to modify the URL to any of the ones that appear in dgb.miningfield.com, for instance: “url” : “stratum+tcp://us.miningfield.com:3397”
Finally we will change the line of the “user” (the user name of your dbg.miningfield.com account (in step 1) plus the name of the worker you created (in step 2)) and the “pass” (the key to your worker).
Example of the “user”: username.worker
“username” is your account username at Miningfield and “worker” is the worker name you created before.
Example of the “pass”:
“url” : “stratum+tcp://us.miningfield.com:3397”,
“user” : “username.worker”,
“pass” : “mypassword”
Part 5 – Start Mining DigiByte
Run the .bat file you created. This will start the CCminer application. If you have followed the steps correctly, the MH/S and the blocks will appear.
Congratulations! You are now mining DigiByte!
It’s important to note that the miner does not slow (lag) the machine, which means that you can continue to use the PC while running the miner.
It is also possible to mine DigiByte from the pool https://dgb.miningfield.com/ with CPU. However, some people claim that it is not profitable.