PPCoin Difficulty

[qu.fadep]

Hi everybody! I've one question. Why the difficulty of PPC is so high ? thanks

[bobbahope]

Mostly cause it's become the best alt-SHA256 coin*, so a lot of the miners who couldn't make a profit on bitcoin anymore have switched to PPCoin.

This includes miners with some ASIC's too as the butterfly labs Jalapeno(for example) isn't really profitable on bitcoin anymore, but ppc is another story. I think this might  help increase prices as the more people who hold ppc, the more acceptable it becomes as a form of currency.


*(look at the alternatives Namecoin for example has had a huge bug, and is merge mined with btc anyway)

[qu.fadep]

Mostly cause it's become the best alt-SHA256 coin*, so a lot of the miners who couldn't make a profit on bitcoin anymore have switched to PPCoin.

This includes miners with some ASIC's too as the butterfly labs Jalapeno(for example) isn't really profitable on bitcoin anymore, but ppc is another story. I think this might  help increase prices as the more people who hold ppc, the more acceptable it becomes as a form of currency.


*(look at the alternatives Namecoin for example has had a huge bug, and is merge mined with btc anyway)

Thanks. I know, I've had a lot of Namecoins and I think NMC is the best altcoin. Do you think that the bug of Namecoin will be patched in future? 

[markm]

Namecoin is already fixed, search for the memo aka threads.

Was fixed a few or several days ago, I lose count, seems a while now.

-MarkM-

[MaxBTC1]

Its because PPCoin is probably the best alternative coin.  Consequently miners have flocked to it.  Still a massively undervalued coin.

[qu.fadep]

Namecoin is already fixed, search for the memo aka threads.

Was fixed a few or several days ago, I lose count, seems a while now.

-MarkM-

Thanks Markm, I didn't know it. I hope the price will rice soon..

[mr_random]

It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical.

[Yurizhai]

It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical.

Maybe not if you intend on selling them immediately.. but with BTC at 330$ and PPC at 50 cents, which one do you think has a higher chance of going up 500% soon? I'd say if you're a betting man it makes more sense to switch to PPC than BTC with outdated ASIC.

[qu.fadep]

It's not really anymore profitable than Bitcoin to mine on average (in dollar value) so that reason is illogical.

Maybe not if you intend on selling them immediately.. but with BTC at 330$ and PPC at 50 cents, which one do you think has a higher chance of going up 500% soon? I'd say if you're a betting man it makes more sense to switch to PPC than BTC with outdated ASIC.

exactly

[ThrillHou]

Is possible to Mine PPC on a high end PC?