noooo the dumpers returned!
Lets hope they all will be sorry in a few weeks time
well... 0.3-0.4ltc (1mil pnd) a day per mhs is nice profit nowadays... we need hash to rise with the price... not price alone... or it will be dumped...
At least our 200 LTC whale got us some attention regarding the market cap.
As for the hashrate - I'm not too sure why miners seem to deliberately ignore PND now that it has made a nice stunt on the market. Is there anything I'm missing?
From my perspective, there are many things why miners ignore PND. such as:
1) PND is not placed on coinwarz.
2) Scrypt ASICs are on the way, hundreds of Scrypt coin will die.
3) the previous point two brings us to: Why to mine PND when there is DOGE
4) their bad PR, Devs do not communicate with the community, the community does not know about their plans for the future, or the latest news. Now it's a little better, before that it was terrible
5) the summer is coming, for the miners is more suitable to mine coins with less greedy algorithms, less power consumption.
6) many miners have ended due to the current poor exchange rate of BTC
1) Thanks for pointing that out. Guess I'll contact them about it.
2) They also make mining more profitable, even if it's for a short time. I'm expecting the hashrate to increase at least for the current major players.
3) The profitability is often higher than with DOGE actually, see
https://cointweak.com/calculator/index/scrypt.
4) Whenever there's an update on anything we're doing it will be and has been posted here at the very least. You would be right about twitter and facebook being deserted but this should be fixed now.
5) Which brings in asics into play, see the reply to point 2.
6) Fair point since there's no BTC market available. LTC still exists and it won't really matter what the coin is traded it. That said you shouldn't mine the coin to dump it right away.
Thank you. Would you mind changing the subreddit link from
http://therealpandacoin.reddit.com to
http://pandacoinpnd.reddit.com?
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