[CRW] Crowncoin - Hashrate watch

[defunctec]

Crowncoin SHA256/mergedmined/timestamp/namestamp/8,000,000 coins out of total 40,000,000.

https://bitcointalk.org/index.php?topic=815487.0

https://twitter.com/crowncoin1

http://coinmarketcap.com/currencies/crowncoin/

Crowncoin's hashrate has more than 10x in the past month.

Around the beginning of march 2016 Crowncoin had a average hashrate of
about 20/TH.

But jumped up soon after to



then hit a peak of



and is now sitting at around 200/TH




Can anyone explain such huge growth in the hashrate for a coin
that only has a $7,000 market cap? Is 200/TH even that much these days?

[1714109515]

1714109515

[1714109515]

1714109515

[1714109515]

1714109515

[defunctec]

A new record hashrate for Crowncoin
Merged mining in full swing

[defunctec]

Crazy new highs

[defunctec]

A little research into the current hashrate of Crowncoin and profitability

The current profitability per TH per day for crowncoin is about 0.00006176BTC@450TH/0.00010080@250TH

250TH = 0.0252 total creation in BTC per day
450TH = 0.02779 total creation in BTC per day

The profitability of merge mining say unobtainium is around 0.01261BTC per day @250TH.

This has been going on for a good few weeks now with an average hashrate of around 250TH. If buy support keeps trickling in, crowncoin should remain a competitor to all other merged mined coins, and is quite possibly the most profitable coin to merge mine right now.

We can expect more adoption by sites like coinwarz, block explorers and pools.

Who know what the hashrate will be next month, 1PH?

[novaboy2k]

Crowncoin nearly reached 1PH!