DigiByte (DGB) Price Down 2.7% Over Last Week

DigiByte (DGB) traded 3.4% higher against the dollar during the 1-day period ending at 8:00 AM E.T. on December 9th. In the last week, DigiByte has traded 2.7% lower against the dollar. One DigiByte coin can currently be bought for $0.0076 or 0.00000044 BTC on exchanges. DigiByte has a market capitalization of $120.02 million and approximately $2.07 million worth of DigiByte was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 2.5% against the dollar and now trades at $17,244.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.5% against the dollar and now trades at $0.0983 or 0.00000570 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $77.63 or 0.00450091 BTC.
• UNUS SED LEO (LEO) traded 1% lower against the dollar and now trades at $3.76 or 0.00021787 BTC.
• DEI (DEI) traded 0.5% lower against the dollar and now trades at $0.39 or 0.00002248 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $147.56 or 0.00855488 BTC.
• Ethereum Classic (ETC) traded 3.2% higher against the dollar and now trades at $19.35 or 0.00112184 BTC.
• Bitcoin Cash (BCH) traded up 1.8% against the dollar and now trades at $111.48 or 0.00646355 BTC.
• Pax Dollar (USDP) traded up 0.3% against the dollar and now trades at $1.00 or 0.00005803 BTC.
• Bitcoin SV (BSV) traded 6.2% higher against the dollar and now trades at $43.45 or 0.00251900 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO:DGB) 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 15,858,049,756 coins. DigiByte’s official message board is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte 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.”

Buying and Selling DigiByte

It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.