The Top DigiByte Mining Pools You Could Join

Information is a key factor in one constantly changing environment like the crypto world. DigiByte mining pools are not so far from that as well. Let’s waste no more of your time and jump right into it. There are few things to look for when choosing among alternatives. First, compare their hash rate. It will show you how fast and reliable the pool is and that it operates more efficiently, which essentially will bring you more profits. Here is a list of the best DigiByte pool mining providers, based on their hash rate. The key parameters here are the market share, the server locations, the reward systems and the fees:

Another thing I recommend you consider, is choosing a second and even third backup pools to switch to in case your first choice is down or experiencing any kind of malfunction.

If you’re interested in more in-depth knowledge, including an overview of all the different reward systems, I have prepared a piece.

Comparison of Mining pools without registration

There are DigiByte mining pools that can offer you statistics and information on your workers, without the need of registering with a user name, password and email. They are quicker to access, and you skip the part with sharing your email, which makes them safer when it comes to hacker attacks. All you need is your wallet address and the DGB pool’s URL. First of all, here is a list with some of the most profitable DigiByte ones:

Back to business, DigiByte is mined with GPUs and ASICs for more efficiency. This means that the related pools operate with both as well. The coin itself, has five different algorithms, which correspond to every pool and piece of hardware. In case you are mining with ASICs, you need to log into the miner’s online software page and find the pool configuration section. For those of you using GPUs, you need to open the console of the compatible card software (e.g. ccminer) and search for the same thing – pool URL address.

From here on joining is quite easy. You just need to enter these quick start configurations, based on the algorithm you’re using. Copy/paste is the suggested variant, to avoid typos:

For DigiHash

– scrypt:

• digihash.co:3009
• digihash.co:3033

– sha-256:

• digihash.co:3008

– skein:

• digihash.co:3011
• digihash.co:3035

– groestl:

• digihash.co:3010atu+t

For Miners Pool

– quibit:

• stratum.eu.miners-pool.eu:8390

For P2Pool

– sha-256:

• p2p-spb.xyz:5027

Estimate your potential DigiByte pool profits with the dedicated calculator. It’s very simple to use. Just enter your hash rate, power consumption and cost, and the pool’s fee. Then you click on “calculate”.

Checking the profitability of your cloud mining contract is even easier – all you need is hash rate and DigiByte’s pool fee. Calculations are done based on the current difficulty and the market price, thus can vary drastically.

The output is going to show you your estimated daily, weekly, monthly and yearly profits. You will also be able to see how many coins you are going to mine and how much the power draw will cost you for the same time periods. When checking your cloud mining profits, you just have to make sure your earnings are higher than the costs.

Setting up your own DigiByte mining pool sounds like a very lucrative undertaking. After all, you will be collecting fees from all your miners. Additionally, you will be helping with the decentralization of the DGB mining power within the network. It sounds great, but you should keep in mind that it could prove to be difficult as it will take time, investments and some technical knowledge.

DigiByte is a global cryptocurrency, currently being mined in over 100 countries all around the world. There are servers all across Europe, Asia and the USA. Those are some of the most popular locations for mining as they’re usually places with low electricity costs and fast internet connectivity, which greatly benefit miners.

Decentralization is one of the most important concepts in cryptocurrency. This aspect is more easily achieved with DigiByte, as it employs five different algorithms for mining. The blockchain is practically immune to 51% attacks. In order for to compromise the network, the attacker would need to hold more than 93% hash rate of one of the algorithms and over 51% of the rest, which is practically impossible. The blockchain is currently mined on over 200 000 server all over the world and all of these factors make it one of the most secure cryptocurrencies out there.

Pool Distribution (calculate by blocks)

Pool	Hashrate Share
Theblocksfactory	22%
Suprnova.cc	19%
Spb	4%
Digihash	2%
Miners-pool	1%
Other pools	52%

How DigiByte mining pools developed over time?

DigiByte is a rapidly growing open-source cryptocurrency developed in 2013 and released in January 2014. It’s based on Bitcoin and Litecoin but aims to improve on their functionality and security by having much faster block times and by using five independent algorithms. The mining DigiByte pools are improving with time – most of them allow the use of VARDIFF (Variable Difficulty) and have a monitoring feature. They offer different reward systems for the convenience of all miners. There are many updates to the network planned for the near and distant future, which perhaps would make the coin even more popular among miners.