DigiByte (DGB) traded 0.6% higher against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on May 4th. DigiByte has a total market cap of $145.34 million and approximately $2.77 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be bought for approximately $0.0090 or 0.00000031 BTC on exchanges. In the last week, DigiByte has traded 4.1% lower against the US dollar.
Here's how similar cryptocurrencies have performed in the last day:
Get DigiByte alerts:- Bitcoin (BTC) traded up 2.1% against the dollar and now trades at $28,891.14 or 1.00000000 BTC.
- Dogecoin (DOGE) traded up 1.1% against the dollar and now trades at $0.0785 or 0.00000272 BTC.
- Litecoin (LTC) traded 2.3% higher against the dollar and now trades at $88.02 or 0.00304661 BTC.
- UNUS SED LEO (LEO) traded down 4.6% against the dollar and now trades at $3.51 or 0.00012165 BTC.
- Monero (XMR) traded 2.4% higher against the dollar and now trades at $155.98 or 0.00539904 BTC.
- Ethereum Classic (ETC) traded up 1.8% against the dollar and now trades at $19.25 or 0.00066644 BTC.
- Bitcoin Cash (BCH) traded up 0.8% against the dollar and now trades at $117.43 or 0.00406456 BTC.
- DEI (DEI) traded 11.8% lower against the dollar and now trades at $0.30 or 0.00001034 BTC.
- Conflux (CFX) traded up 7.3% against the dollar and now trades at $0.33 or 0.00001142 BTC.
- NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
DigiByte Coin Profile
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte's total supply is 16,202,627,934 coins. The official message board for DigiByte is dgbforum.com. DigiByte's official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is and the currency's Github account can be viewed here. DigiByte's official website is digibyte.org.
According to CryptoCompare, "A coin that has adopted the Bitcoin "21" figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl) – in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks.
DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years.
Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining.
Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network. DigiByte has made this process even easier with our 3 click mining software for beginners.
Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus."
DigiByte Coin Trading
It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.
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