DigiByte (DGB) traded up 2% against the US dollar during the 24 hour period ending at 20:00 PM Eastern on April 29th. Over the last week, DigiByte has traded 1.9% higher against the US dollar. DigiByte has a market cap of $154.83 million and approximately $1.82 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be purchased for about $0.0096 or 0.00000033 BTC on cryptocurrency exchanges.
Here's how related cryptocurrencies have performed over the last 24 hours:
Get DigiByte alerts:- Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $29,207.14 or 1.00000000 BTC.
- Dogecoin (DOGE) traded 1% higher against the dollar and now trades at $0.0812 or 0.00000278 BTC.
- Litecoin (LTC) traded 1.3% higher against the dollar and now trades at $90.93 or 0.00311339 BTC.
- UNUS SED LEO (LEO) traded up 1.7% against the dollar and now trades at $3.58 or 0.00012243 BTC.
- Monero (XMR) traded up 0.9% against the dollar and now trades at $154.37 or 0.00528538 BTC.
- Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $19.83 or 0.00067882 BTC.
- Bitcoin Cash (BCH) traded 1% higher against the dollar and now trades at $119.37 or 0.00408685 BTC.
- DEI (DEI) traded 18% higher against the dollar and now trades at $0.25 or 0.00000865 BTC.
- Pax Dollar (USDP) traded 0.4% higher against the dollar and now trades at $1.00 or 0.00003430 BTC.
- Conflux (CFX) traded 2.6% lower against the dollar and now trades at $0.33 or 0.00001117 BTC.
DigiByte Coin Profile
DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte's total supply is 16,192,130,869 coins. DigiByte's official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte's official message board is dgbforum.com. 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 possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.
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