Peercoin PPC Mining 101

Jan 22, 2018 - Peercoin (PPC) is a cryptocurrency designed for transactions and for holding value, with a focus on economic sustainability, stability and easy adoption by users and merchants. Its most distinctive feature is that it uses both proof-of-stake and proof-of-work mining and is strongly focused on ease of use,.

Hi there, I've just signed up to the forum, so a new figure around here. The past few days I've been researching about the profitability of mining peercoins. Several mining calculators and platforms like whattomine.com seem to show more or less the same: Mining peercoins as of now is a lot more profitable than mining Bitcoins for example. I'm planning to get two 'Bitmain Antminer S9' machines with about 14TH/s of power. The electricity costs here are due to a special deal really low; about $1500 USD/year for the power needed for a S9. What is your oppinion on that? Do you think mining peercoins makes more sense than mining bitcoins?

Will it be profitable for 2018/2019 or will mining get that unimportant to the ecosystem of peercoin through it's special system, that it won't make sense thinking 1-2 years ahead? Looking forward hearing about your oppinions. Have a nice day! Komodo KMD Mining List. Cheers, swiss-mosquito.

Live PeerCoin prices from all markets and PPC coin market Capitalization. Stay up to date with the latest PeerCoin price movements and forum discussion. Check out our. Peercoin Price Chart US Dollar (PPC/USD) Peercoin price for today is $4.9249. It has a current circulating supply of 24.6 Million coins and a total volume exchanged. Hey everyone, So as the title says it I'm going for ASIC mining for 'Peercoin' and I need a little guidance. So I've been looking around and trying to. Using WhatToMine you can check, how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin.

LINKS: - - - - - Welcome to! Pure security using only for fair distribution of wealth. • It's much smaller than Bitcoin so it has much more room to grow. • It has features that set it apart from Bitcoin that are intended to show themselves more and more as time goes on. These features set it apart from Bitcoin more than the second place coin Litecoin does, and more than a majority of coins do.

• It's still cheap. • It's in a sweet spot where it's been out for enough time to be known as legitimate, yet its not as young as the other 100 coins made out there(If Bitcoin and Litecoin have showed us anything, time advantage can be huge). • It has a fun, friendly, successful community that has made the whole process of watching Peercoin evolve fun (peercointalk.org). • Peercoin's value is benefiting from people using their ASIC miners intended for Bitcoin on it.

This will continue as the ASIC arms race goes on. • While a small chance, a major 51% attack on Bitcoin would likely skyrocket Peercoin's value as one of it's main purposes is to be immune to a similar attack. I could probably go on. It is good for holding long-term. Peercoin rewards you for holding them by allowing you to mint new coins just by owning them. The total # of coins you own will increase by 1% annually just by saving them. So if you have 100 coins, you will have 101 coins a year from now.

The inflation rate of Peercoin from proof-of-work mining is super low.Peercoin is now producing less than 4,000 new coins per day.and this will slowly keep decreasing in the coming months & years. For example: Assume for a minute there there is just 100 people a day that are deciding to buy 100 Peercoins each. This means that at least 10,000 Peercoins are being bought per day at the current price level of $7. Now look.Since only 4,000 Peercoins are being produced per day, it means that the price is undervalued by 2.5 times.

(10,000/4,000) = 2.5 That means that at the current rate of demand the price will need to increase 2.5 times just to meet the supply. $7 x 2.5 = $17.5 Don't be surprised if Peercoin reaches $17.5 each very very soon. I think that just about everyone can agree that a 250% return on investment (ROI) is why we are optimistic.