Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.
Why I mine Digibyte with SHA256 algo instead of Bitcoin
For several weeks, mining Digibyte with my S7-LN was more profitable than Bitcoin.
With current difficulty ( 158238758.37 ) I mine 270DGB/ day with my 2.7TH miner or roughly 100DGB/Th
My daily payout is :
270DGB x 0,00000306BTC/DGB = 0,0008262BTC/Day
Normalized bitcoin mining per day at 2.7TH/s is 0.0007354BTC/day
DGB Mining / BTC Mining
0,0008262BTC / 0.0007354BTC * 100 = 112.33%
I can dump my daily DGB mining for BTC and edge 12% more revenue per day over Bitcoin. But at this point, I'm holding and mining more ... waiting for better prices, at 0.013$/DGB is plenty of room for exponential grow.
Happy mining !
Price is pumping, new logo and marketing just kicked in, holding my mining bag. Latest price is 368sats / DGB
New math here :
270DGB x 0,00000368 = 0.0009936BTC/day
0.0009936BTC / 0.0007354BTC * 100 = 135%
I switched my miners to mine Bitcoin Cash, great payout ATM.