DigiByte (DGB) 24-Hour Volume Hits $2.50 Million

One DigiByte coin can now be bought for about $0.0168 or 0.00000173 BTC on cryptocurrency exchanges including Cryptopia, Bittrex, Upbit and YoBit. DigiByte (DGB) is a cryptocurrency that trades lower against the dollar, by 3% in the last 24 hours, and 7.5% in the last week.

The dollar traded 3% lower during the 24-hour period ending at 23:00 E.T. On May 7th. DigiByte's dollar price has fallen 7.5% in the past week. DigiByte's market cap is $136.96m and in the past 24 hours, DigiByte worth $2.50m was traded. On exchanges, one DigiByte can be purchased for $0.0084 (or 0.00000030 Bitcoin).

See how similar cryptocurrencies performed in the past 24 hours.

Bitcoin (BTC), which is currently valued at $28,144.42, or 1.00000000 BTC, has fallen 2.4% in value against the US dollar.

Dogecoin, or DOGE, is now trading at $0.0751 (0.00000267 BTC) after falling 2.2% against the dollar.

Litecoin, or LTC, is now trading at $82.01 (0.00291390 BTC), down 1.8% from its previous price.

UNUS SED LEO LEO traded down 0.2% to the dollar, and is now trading at $3.49 (0.00012414 BTC).

Monero (XMR), which is currently trading at $154.44 or 0.00548735 BTC, has fallen 1.9% in value against the dollar.

Ethereum Classic (ETC), which is a cryptocurrency, traded at $18.32 per 0.00065106 BTC or 3.1% less than the dollar.

Bitcoin Cash (BCH), which is also known as Bitcoin, has traded at $113.83. This equals 0.00404451 BTC.

DEI (DEI), which is currently trading at $0.24, or 0.00000852 Bitcoins, has gained 17.9% in value against the dollar.

NyanCoin, or NYAN, is now trading at $2.40 (0.00008809 BTC) after a 2.2% decline against the dollar.

Conflux (CFX), which trades for $0.28 or 0.00000983 BTC, has fallen 5.4% against the dollar.

It is a Proof-of-Work (PoW), coin that uses the Multiple Hashing Algorithm. Its genesis was on January 12th 2014. DigiByte has a total supply of 16,210,644,329 coin. DigiByte’s official messageboard is

CryptoCompare describes it as 'a coin that has adopted Bitcoin '21' but increased the stock to 21 billion – with more than 5 algorithms to mine (Scryt Sha-256 Qubit Skein Groestl), to keep mining in local hands. The 60-second block target is accompanied by a 0.5% mining premine, and the block retargeting occurs every 2.4 hours or 244 blocks.

Refers to a single DigiByte or the entire DigiByte payment network. Over the next 21 years, 21 billion DigiBytes are expected to be created.

Grouping of all DigiByte transactions within a 30-second time period. Imagine a block to be an excel sheet that shows the addresses of all DigiBytes in a certain point in history. Each block discovered by the network is converted into DigiBytes through a mining process.

The mining process is the way transactions are processed in the network. Anyone can become an active miner, by using their computer power on a desktop, laptop or smartphone to process transactions in the DigiByte Network. DigiByte's 3 click mining software makes this process easier for beginners.

The DigiByte Blockchain is the complete history of all blocks found on the network and therefore all transactions that have been made. The genesis block is the first block of the DigiByte network. Each block refers to the previous block. Decentralized consensus is achieved by linking blocks together (spreadsheets). This allows for an accurate and secure accounting of DigiByte's ownership.

Buy and Sell DigiByte

It is not possible to purchase alternative cryptocurrencies like DigiByte using U.S. Dollars. Investors who want to buy DigiByte first need to purchase Bitcoin or Ethereum on an exchange dealing in U.S. Dollars such as GDAX Gemini Changelly. MarketBeat.com’s FREE CryptoBeat Newsletter