1 Level
6 Review
1 Karma
Review on DigiByte by Sebastian Lees
The next step in mining is to choose a mining pool to increases chances of…
The next step in mining is to choose a mining pool to increases chances of earning new coins through the mining process (once the investor has effectively configured miners and sophisticated mining software).
One of the great mining pools, for starting the mining process, is DigiHash because it is supported by the DigiByte foundation. Part of the reward goes back to maintaining the DigiByte network when the investors make use of the DigiHash mining pool.
Pros
- The transactions in DigiByte are precisely limited in scope and size for the purpose of increasing throughput, speed, and efficiency of the transactions. Only 21 billion DGB can be created in 21 years. The DigiByte blockchain also maintains the security of all the transactions of this cryptocurrency. It has the fastest speed of transactions made on any public UTXO global blockchain with 15 block speed. Several new innovations are allowed to occur on the blockchain of this cryptocurrency due to its segregated witness.
Cons
- Users will need to configure the miner once they have chosen their mining hardware and algorithm. There are literally thousands of possible configurations for the miners depending on the hardware, operating system, and other factors chosen by the investors.
