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Topic: Network Hashrate (Read 623 times)
Alcuino
(OP)
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Network Hashrate
November 21, 2013, 05:12:26 PM
#1
Hello:
According to
http://ppc.coinmine.pl/
the ppc Network Hashrate is : 0.730 GH/s
But to
http://zet.coinmine.pl/
the Network Hashrate is: 60.495 GH/s
How is it possible that a coin less developed have a higher hasrate?
Al
Gator-hex
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Activity: 490
Merit: 500
⇾
Re: Network Hashrate
November 21, 2013, 05:21:21 PM
Last edit: November 21, 2013, 05:49:39 PM by Gator-hex
#2
The hash rate is a reflection of how many people/computing power are mining for it.
The miners are competing to win the coin reward and to keep the amount of new coins entering supply stable the difficulty of mining is raised or lowered.
"MtGox was.. attacked by the government" - Jim Rickards (Author of Currency Wars/Pentagon currency war games.)
e.t.
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Re: Network Hashrate
November 21, 2013, 05:46:31 PM
#3
im not an an expert and i dont know if this adresses your question but i have to make a first in the newbie section.
i guess different coins can use different hash algorithms so if a coin has an easy hash algorithm then i might be possible for one cpu to generate 100 hashes per second but only 1 hash per second another coin with a more complex hash algorithm..?
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