PPC price is blowing up!

[peepee]

WOW! Difficulty at 13365.47477306! 14308.32653714!

[Tomatocage]

Hurry up and sell while you can.  This is just a temporary spike.  Though I'm kind of hoping it keeps up since it will distract people from mining Litecoin... that difficulty needs to come down to the 10-12 range.

[peepee]

Hurry up and sell while you can.  This is just a temporary spike.  Though I'm kind of hoping it keeps up since it will distract people from mining Litecoin... that difficulty needs to come down to the 10-12 range.

Why sell? Buy!  Anyone who's looking for a quick buck needs to GTFO. This is an experiment. I'm in for a YEAR, minimum.

[freequant]

PPCoin is to Proof-of-Stake what I0Coin is to alternate cryptocurrencies, or what Tenebrix is to CPU coins.
An experiment. Thank you for helping cryptocurrency research by buying PPC.
You may not be growing your capital, but you are surely building up your karma.

[peepee]

You may not be growing your capital, but you are surely building up your karma.

People took a chance on BTC and we can all see the many great ideas and possibilities that flourished.

I'm taking a chance on experimentation in general. Code is meant to be improved upon.

[Tomatocage]

Well, that didn't take long.  It's now less profitable to mine PPC than BTC.  Everybody get back onto LTC now!

[peepee]

Well, that didn't take long.  It's now less profitable to mine PPC than BTC.  Everybody get back onto LTC now!

Maybe, but with 221.30264032 BTC 254.35264032 BTC of bids over 0.00015000, this is far from over.

[FuzzyBear]

Just PPC FTW

and yes experimental currency that could do anything like BTC originally... so yeah I'm in for a few years on this coin min

want to know if ASIC miners can be used on PPC?? same algorithms right?? so no reason y not?? just out of interest if this is the case... then potentially one user could 51% attack the alt coins easier??? or am i missing something??

[Sunny King]

want to know if ASIC miners can be used on PPC?? same algorithms right?? so no reason y not?? just out of interest if this is the case... then potentially one user could 51% attack the alt coins easier??? or am i missing something??

ASIC should be able to mine ppc I don't see why not. Although I am waiting for an actual confirmation from someone with ASIC (dunno if there is anything shipping now) to be 100% sure. I don't yet have a confirmation on whether one of fpga miners works. Although nobody complained about not working either.

As to 51% attack, having >50% mining power of the network is not sufficient to control main chain once the proof-of-stake protection is stable. Right now central checkpoints protect the blockchain as well.

[smoothie]

want to know if ASIC miners can be used on PPC?? same algorithms right?? so no reason y not?? just out of interest if this is the case... then potentially one user could 51% attack the alt coins easier??? or am i missing something??

ASIC should be able to mine ppc I don't see why not. Although I am waiting for an actual confirmation from someone with ASIC (dunno if there is anything shipping now) to be 100% sure. I don't yet have a confirmation on whether one of fpga miners works. Although nobody complained about not working either.

As to 51% attack, having >50% mining power of the network is not sufficient to control main chain once the proof-of-stake protection is stable. Right now central checkpoints protect the blockchain as well.

(Troll mode off)

When will this be you presume? Just curious is all.

(Troll mode on)
 

[dreamwatcher]

Well, there are some heavy hashers at Coinotron and bitparking.

Bitparking top individual hash rate is around 44 GH. If they are doing that with GPU's, that would be one hell of a setup.

I think that could be some FPGA'S, of course it could be a pool feeding into them.


Coinotron has a 15 GH individual, in the realm of possibility with GPU, but still one hell of a setup.


I run between 5 and 6 GH and that is hard enough to handle between heat and current draw with GPU miners.  

[Ginsley]

It works with FPGA. I am mining with ZTex 1.15x on bitparking. I havnt got it running solo mining yet - was too noobish for that...

[peepee]

High:   0.00032000

[smoothie]

High:   0.00032000

lol was it you who bought it up to that point?

Hmm...should I sell a silver eagle for PPC? 

[peepee]

lol was it you who bought it up to that point?

Hmm...should I sell a silver eagle for PPC? 

Wasn't me! But it makes me happy. 

Yes, you should!

[peepee]

High:   0.00034015

Difficulty seems to be stable over 18000.

Currently the most profitable coin on Coinotron.

Oh happy day! 

[ewibit]

It works with FPGA. I am mining with ZTex 1.15x on bitparking.

really, then it will work with ASICs too...

[ewibit]

High:   0.00035501

[peepee]

Holy shit.

High:   0.00044799

11/12/12 18:21:52   buy   0.00044799   18445.00000000   8.26317555

11/12/12 18:20:21   buy   0.00042000   100000.99999990   42.00042000

[FuzzyBear]

lively love the steady price rise in PPC