1 Level
6 Review
1 Karma
Review on DigiByte by Bernice Larkin
Experienced and dedicated developers are working hard to develop new upgrades…
Experienced and dedicated developers are working hard to develop new upgrades as soon as possible. Future updates are expected to make the transactions even faster. The notification of DGB transactions occurs in 1-3 seconds. The blocks are being discovered by the mining algorithm every 30 seconds and transactions are completed every three minutes.
Pros
- Mining software and sophisticated hardware are very expensive for small investors. So, the mining of alternative cryptocurrency is ideal for large stakeholders. Many cryptocurrencies have now started to make use of power-of-stake (POS) instead of POW for mining purposes. In POS, the mining of coins doesn’t involve the use of expensive hardware and software products by miners. This makes the process of mining, in the case of POS, more suitable for small cryptocurrency investors.
Cons
- When it comes to mining DGB, the miners have two options: solo mining or pooled mining. In solo mining, the miners can mine the coins on their own computer by using the right mining software, sophisticated hardware installed on their computers, and a valid cryptocurrency wallet.
