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Author Topic: Is it more profitable to mine PPC and then convert to BTC?  (Read 479 times)
eRRoRist (OP)
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November 20, 2013, 12:43:48 PM
 #1

I was at 1 of the PPC forums and it seems that after some calculation, you can get more BTC via mining for PPC first. What do you guys think?
ReBoRn
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November 20, 2013, 01:40:25 PM
 #2

Idea is good but first if any miner is giving you some tips about this I am also looking for this but have no any good information hope now have some good information on your thread

eRRoRist (OP)
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November 20, 2013, 01:55:23 PM
 #3

From
http://www.peercointalk.org/index.php?PHPSESSID=fgikh52l7qanv4o67q7t8lo7m4&topic=634.msg7397;boardseen#new

Current Energy Efficiency Statistics:

As of November 12, 2013
Market Cap: (Bitinfocharts)
Bitcoin    11,984,125 BTC
Peercoin        37,439 BTC

Hash Rate:
Bitcoin 5.1Q
Peercoin 12.25T

Value secured by a Giga Hash
 Bitcoin:     11,984,125 / 5,100,000 =   2.35  bitcoins secured per GH
 Peercoin:       37,439 /       12,250 = 3.06    bitcoins worth of Peercoins secured per GH

Calculation:
(3.06 - 2.35) / 2.35 = .302 (or 30.2%)

Conclusion:
Peercoin is currently 30.2% more energy efficient than Bitcoin. I would think that this energy efficiency should increase over time as well.
thebitcoinme
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November 21, 2013, 09:35:57 PM
 #4

Maybe look into physical or cloud mining.
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