Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: unvoid on June 24, 2013, 11:35:10 AM



Title: coinchoose.com and PPC
Post by: unvoid on June 24, 2013, 11:35:10 AM
Does anyone know why PPC dropped from coinchoose?
http://coinchoose.com/index.php (http://coinchoose.com/index.php)


Title: Re: coinchoose.com and PPC
Post by: mprep on June 24, 2013, 01:59:44 PM
No idea. Maybe not enough people interested?


Title: Re: coinchoose.com and PPC
Post by: Este Nuno on June 24, 2013, 03:49:25 PM
Dead coin?


Title: Re: coinchoose.com and PPC
Post by: mprep on June 24, 2013, 04:03:59 PM
Dead coin?
I don't think so. There are still a sizable amount of people using it.


Title: Re: coinchoose.com and PPC
Post by: sal002 on June 25, 2013, 06:09:52 PM
Dead coin?
I don't think so. There are still a sizable amount of people using it.

Likely the block explorer went down.  I will look into it.


Title: Re: coinchoose.com and PPC
Post by: Este Nuno on June 26, 2013, 07:37:19 PM
Isn't any SHA256 altcoin pretty much useless now that asics are are out there?

Didn't PPC get attacked already anyway?


Title: Re: coinchoose.com and PPC
Post by: mr_random on June 26, 2013, 07:50:42 PM
Isn't any SHA256 altcoin pretty much useless now that asics are are out there?

Didn't PPC get attacked already anyway?

Nope. PPC has coped perfectly well with ASICs. It's difficulty algorithm adjusts pretty much continuously so ASICs jumping on and off the network don't cause spikes in difficulty.


Title: Re: coinchoose.com and PPC
Post by: Sunny King on June 26, 2013, 07:58:47 PM
Recently there has been a high demand for PPC among miners, so the profitability rarely goes above 100%. It's typically around 90% these days.


Title: Re: coinchoose.com and PPC
Post by: Sunny King on June 26, 2013, 08:05:41 PM
With recent chain stuck issue in CNC and 51% attack on FTC etc I don't know why folks still held onto the myth that only SHA-256 coins can be attacked by powerful miners and scrypt coins are somehow immune.

The issue with stuck chain has always been the difficulty adjustment algorithm, regardless of which hash function is used for mining. That's why I praise ONC's developer as he is competent enough to realize this and adopted PPC's difficulty adjustment.


Title: Re: coinchoose.com and PPC
Post by: Este Nuno on June 26, 2013, 08:36:58 PM
Isn't any SHA256 altcoin pretty much useless now that asics are are out there?

Didn't PPC get attacked already anyway?

Nope. PPC has coped perfectly well with ASICs. It's difficulty algorithm adjusts pretty much continuously so ASICs jumping on and off the network don't cause spikes in difficulty.

That's good. I can imagine if profitability goes up over bitcoin maybe a few asics might give mining a shot.