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Title: PPCoin Difficulty Post by: qu.fadep on November 08, 2013, 11:23:14 AM Hi everybody! I've one question. Why the difficulty of PPC is so high ? thanks :)
Title: Re: PPCoin Difficulty Post by: bobbahope on November 08, 2013, 12:11:49 PM Mostly cause it's become the best alt-SHA256 coin*, so a lot of the miners who couldn't make a profit on bitcoin anymore have switched to PPCoin.
This includes miners with some ASIC's too as the butterfly labs Jalapeno(for example) isn't really profitable on bitcoin anymore, but ppc is another story. I think this might help increase prices as the more people who hold ppc, the more acceptable it becomes as a form of currency. *(look at the alternatives Namecoin for example has had a huge bug, and is merge mined with btc anyway) Title: Re: PPCoin Difficulty Post by: qu.fadep on November 08, 2013, 02:11:11 PM Mostly cause it's become the best alt-SHA256 coin*, so a lot of the miners who couldn't make a profit on bitcoin anymore have switched to PPCoin. This includes miners with some ASIC's too as the butterfly labs Jalapeno(for example) isn't really profitable on bitcoin anymore, but ppc is another story. I think this might help increase prices as the more people who hold ppc, the more acceptable it becomes as a form of currency. *(look at the alternatives Namecoin for example has had a huge bug, and is merge mined with btc anyway) Thanks. I know, I've had a lot of Namecoins and I think NMC is the best altcoin. Do you think that the bug of Namecoin will be patched in future? ??? Title: Re: PPCoin Difficulty Post by: markm on November 08, 2013, 02:21:21 PM Namecoin is already fixed, search for the memo aka threads.
Was fixed a few or several days ago, I lose count, seems a while now. -MarkM- Title: Re: PPCoin Difficulty Post by: MaxBTC1 on November 08, 2013, 02:22:51 PM Its because PPCoin is probably the best alternative coin. Consequently miners have flocked to it. Still a massively undervalued coin.
Title: Re: PPCoin Difficulty Post by: qu.fadep on November 08, 2013, 06:21:22 PM Namecoin is already fixed, search for the memo aka threads. Was fixed a few or several days ago, I lose count, seems a while now. -MarkM- Thanks Markm, I didn't know it. I hope the price will rice soon.. Title: Re: PPCoin Difficulty Post by: mr_random on November 08, 2013, 06:23:34 PM It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical.
Title: Re: PPCoin Difficulty Post by: Yurizhai on November 08, 2013, 07:16:56 PM It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical. Maybe not if you intend on selling them immediately.. but with BTC at 330$ and PPC at 50 cents, which one do you think has a higher chance of going up 500% soon? I'd say if you're a betting man it makes more sense to switch to PPC than BTC with outdated ASIC. Title: Re: PPCoin Difficulty Post by: qu.fadep on November 09, 2013, 01:48:39 AM It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical. Maybe not if you intend on selling them immediately.. but with BTC at 330$ and PPC at 50 cents, which one do you think has a higher chance of going up 500% soon? I'd say if you're a betting man it makes more sense to switch to PPC than BTC with outdated ASIC. exactly Title: Re: PPCoin Difficulty Post by: ThrillHou on December 14, 2013, 04:08:32 AM Is possible to Mine PPC on a high end PC?
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