http://dustcoin.com/miningI think Namecoin has great potential and is going up in the weeks to come, but one thing bothers me.
NMC ratio is about 7.76%, and has been fairly steady between 6-8% lately (in contrast to TRC which has been bouncing between under 10% and over 150% on an hourly basis because of difficulty algorithm issues and mining-hopping). Very low ratio is something I normally associate with coins that are in serious trouble price-wise.
Why is this ratio staying so low? Are people just mining it anyway because they can get it free while mining BTC?
