numbers from dustcoin: ( dustcoin.com )
Quote
Bitcoin SHA-256 N 237730 11187257 25 1.00000000 11193250 100.00% 0 0 $0.00
Litecoin scrypt N 358552 558.121 50 0.02355834 422344 94.44% 0 0 $0.00
Namecoin SHA-256 Y 112506 2470852 50 0.00699024 39322 6.33% 0 0 +$0.00
PPCoin SHA-256 N 49600 355726 409.43 0.00156887 29860 80.80% 0 0 $0.00
will the alt coin ratio vs BTC always tend to 100%? If it does, then ASICs will make alt-coin mining unprofitable.
we can already see it is less profitable to mine pretty much every alt--you're better off mining bitcoin then trading.