Unable to build a meaningful arbitrage cloud for DGB with USD as a base currency. Please select another coin or pick a different base currency. A coin that has adopted the Bitcoin 21 figure but increased the supply to 21 billion - with over 5 algorithms to mine with - in order to keep mining local and in the hands of many. A 60 second block target, a 0.5 percent 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 together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus.. DigiByte is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 15 exchanges including Poloniex, CCEX, Yobit, Cryptsy, Novaexchange and TradeSatoshi in multiple currencies such as BTC, LTC, DOGE, XRP and othersETH.