Bitcoin Forum

Thank you for joining our official weekly Peercoin newsletter. Capping off a big (and wild) week in cryptocurrencies, alt-coins gained wider recognition and a larger share of the spotlight with Peercoin leading the charge!



In "Don’t rule out a ban on virtual currencies: Peercoin," Sunny King discusses cryptocurrency resilience in light of the People's Bank of China's policy view.

http://www.cnbc.com/id/101251925



Led by Super3, a group of activists brought Peercoin to the Las Vegas Bitcoin conference. More on this next week!



We're excited that CrownCloud (http://crowncloud.net/) has added Peercoin to their list of accepted payment options along with Bitcoin and Litecoin. CrownCloud is a premier provider of OpenVZ & KVM VPSes. Email them for Peercoin payment instructions!

https://i.imgur.com/ZPrvANo.jpg



"Sorry to keep you guys waiting; yes peercoin v0.4 has been in the works and once the merge with bitcoin v0.8 is reasonably stabilized I would push a v0.4 branch on the repo so interested developers can try it out. Hopefully in one or two weeks. Cold-locked transaction feature might be or might not be in v0.4, I haven't decided yet. If not it would be in v0.5. Coin control wouldn't be in v0.4, we'll first see what bitcoin v0.9 does with it." -- Sunny King

Peercoin v0.4 status updates: http://www.peercointalk.org/index.php?topic=990.15



https://i.imgur.com/eQeq9ev.png  

"Peercoin now running at a rate  that is 250% more energy efficient than Bitcoin. Or, for every $1 of energy spent to secure the Bitcoin network, the Peercoin network does the same for $0.40. Keep it up! This will pay off in the long-run." -- Peercoin Community

This cuts to the heart of one of the primary differences between Peercoin and Bitcoin. Peercoin's PoS allows for continuously low energy consumption even with dramatically rising market capitalization. In fact, the greater the rise in market capitalization the greater the difference in energy efficiency of Peercoin versus Bitcoin will become. As Peercoin sees its energy consumption per USD decrease, Bitcoin may see energy consumption per USD increase susbstantially -- as will be the case if the Bitcoin network hash rate increases at a higher rate than that of market capitalization growth!



The Peercoin community believes there's a place for anyone that wants to participate. Whether you are a developer, artist, writer, web designer or just someone that loves to spread the word, we would like to hear from you. Please take a few minutes to fill out this very short questionnaire below and tell us about yourself:

https://docs.google.com/forms/d/1uJbNEJThRc3TqnwbVVrd__UQWVUOOr4QSEMbMIIF--s/viewform

We welcome talent of all types and flavors. Make history and join the growing community of Peercoin volunpeers.



Bitcoin Examiner, "Peercoin: The Low Energy Bitcoin Beater" : http://bitcoinexaminer.org/peercoin-the-low-energy-bitcoin-beater-infographic/

ReadWrite, "Bitcoin Fever Has Spawned..." : http://readwrite.com/2013/12/03/the-bitcoin-alternative-field-guide#awesm=~opJTt4ybumG1io

Voice of Russia, "A Guide to Most Promising Cryptos" : http://voiceofrussia.com/2013_12_01/A-guide-to-the-most-promising-cryptocurrencies-6351/



Forum - http://www.peercointalk.org
Facebook - https://www.facebook.com/Peercoin
Twitter - https://twitter.com/peercoinPPC
Reddit - www.reddit.com/r/peercoin



Keep the spreading the cryptocurrency gospel, folks. We've significantly raised our media profile with Sunny's CNBC interview and subsequent Peercoin references in major media outlets. We sincerely thank all of our volunpeers and activists for their valuable time and effort. The next few weeks will bring exciting developments. Our community is becoming noticeably more effective as our plans are becoming more solidified, organized, and streamlined.


In case you missed the previous editions:

Issue 5
https://bitcointalk.org/index.php?topic=350553.0

Issue 4
https://bitcointalk.org/index.php?topic=341509.0

Issue 3
https://bitcointalk.org/index.php?topic=333962.0

Issue 2
https://bitcointalk.org/index.php?topic=326659.0

Issue 1
https://bitcointalk.org/index.php?topic=321355.0

Fantastic job putting this together!

Peercoin's community is growing quickly! Was really happy to see Sunny interviewed in CNBC.

Two conventions in this past week right? London and Vegas?

Chinese PPC community are expanding:
Aside from the PPC subforum of 8btc.com, thanks to aiwill btcman.com also adds ppc subforum:

http://bbs.btcman.com/forum.php?mod=forumdisplay&fid=67

That's great! Would you be able to translate these weekly newsletters too?

How about a cost and energy benefit? Bitcoin's daily network cost per https://blockchain.info/stats (https://blockchain.info/stats): Hash Rate: 8,534,175.23 GH/s; Electricity Cost: $19,969,970.04
Peercoin's current hash rate per http://theseven.bounceme.net/~theseven/pool/netstats (http://theseven.bounceme.net/~theseven/pool/netstats) : 42,731.7 GH/s; Electricity Cost: $99,992.17

So Peercoin mining is roughly costing $19,869,977.87/DAY LESS in electricity then Bitcoin not to mention the power grid work load that is reduced across the globe.

Well it is impossible to know the actual dollar amount of energy being used because different mining efficiencies of ASICs. So this metric they used is the best comparison because Peercoin and Bitcoin are both SHA-256 so they are comparable in this way. I highly doubt Bitcoin is currently using $19 million dollars a day in electricity; however somewhere in the hundreds of thousands of dollars per day seems reasonable. Whatever the actual dollar amount is, Peercoin is still a lot more energy efficient in terms of value secured for the energy cost.

Great newsletter, but I think you guys should really create a dedicated website for the newsletter, not only to make it seem more legitimate, but so people who don't really lurk on these forums can also find it.

Mabye put a small link somewhere on the ppcoin.org page, and possibly even create a .bit version...

The letter is linked via the Peercoin Twitter and Facebook pages as well. A small link on the official site wouldn't be a bad idea I suppose, once the newsletter is more robust.

I believe the newsletters will eventually be on the main website. Also, we don't use ppcoin.org anymore. It's peercoin.net now.

Great idea!

You'll soon have more choices on where you can trade PPC! Austin Global Exchange is excited to announce we will carry PPC at launch! Follow us on Twitter or opt-in to our emails at agx.io to get the latest announcements - including the launch date for AGX!

We posted information about the AGX Cold Storage process on our blog; check it out to learn more about how we keep your data and deposits safe: http://austinglobal.tumblr.com/image/78188469722

- The Austin Global Team

Find us at:
agx.io
twitter.com/austinglobalx
austinglobal.tumblr.com

Looks good, but I would prefer to have all cryptos trade to USD rather than BTC.

@sahkan: Thanks for checking out the site! We are actively investigating being able to offer Crypto/USD, Crypto/EUR, and other fiat denominations. There are complicated legal, regulatory, and operational considerations but we hope to offer some of these options in the near future.

- The Austin Global Team

Find us at:
agx.io
twitter.com/austinglobalx
austinglobal.tumblr.com

We learned a tremendous amount at the Texas Bitcoin Conference this week. With the headlines in the news, one of the biggest things on the agenda and in the hallway conversations was security. Learn about how Austin Global Exchange protects you with our Cold Storage process: http://austinglobal.tumblr.com/image/78188469722

You can also view our #LiveTweets feed from the Texas Bitcoin Conference on our Twitter feed, @AustinGlobalX

Friendly reminder that PPC/BTC will be open for trading at launch on AGX. Registration is open, visit agx.io to set up your username, password, wallets, profile, and security preferences.

- The Austin Global Team

Find us at:
agx.io
twitter.com/AustinGlobalX
austinglobal.tumblr.com

Austin Global Exchange has officially announced a Beta Launch for Saturday, March 15th at 4p GMT. Buy/sell/trade PPC! The main AGX Bitcointalk thread, including the announcement, is here: https://bitcointalk.org/index.php?topic=507474

Thanks for everyone's interest and the support shown by the PPC community!

- The Austin Global Team

Find us at:
agx.io
twitter.com/AustinGlobalX
austinglobal.tumblr.com

It's here: Austin Global Exchange Beta launches on 03/15 at 4p UTC! Follow @AustinGlobalX on Twitter for real-time announcements on when PPC/BTC goes live after 4p UTC on 03/15! Registration and wallets are open now at agx.io. Trading is FREE during Beta, so come check us out!

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com