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Digg, the social news mogul of our times today announced that they have hit the 1 million registered user mark in less than 2 years. The one thing we don’t know yet is whether this include all those fake accounts, that have been set up on digg, as well or not.

At digg you could submit you favorite story from across the web. Users could then digg, bury, comment and blog about it. Digg eclipsed Slashdot, a long time back, as the leading hub for techies, and continues to build on that momentum. Digg recently added the ability to share and rank videos as well alongwith the introduction of several other news categories. Readers could also see upcoming stories and visualize them Digg in real time by utilizing tools provided by Digg Labs. A great feature is the ability to read an excerpt from the story on the popular stories page, an idea incorporated from Google.

Due to Digg´s ability to send huge amounts of traffic to content providers, it has been an active battle ground for people trying to game it to promote their stories or to bury the ones from competitors.

Some popular digg clones include Reddit, Netscape, and Dell´s Ideastorm.