Re: [ANN] [PASC] PascalCoin, deletable blockchain & bank account system [PASA]
According to current mining difficulty, PASCAL at Cryptopia is highly underpriced 
Current price (7 d average) is from 600 to 1200 satoshis
Each block produces 100 coins on 5 min average = 288 blocks a day = 28800 coins a day
formula of reward generation per day = 28800 coins * price
Price range is from 600 to 1200 satoshis
Min day production reward: 28800 * 600 = 17280000 satoshis = 0.1728 BTC = 172 USD/day
Max day production reward: 28800 * 1200 = 34560000 satoshis = 0.3456 BTC = 345 USD/day
My conclusions are:
- Production reward is low (a production lower of 1000 USD/day is zombie coin)
- Need a pool because mining power is only on some users with a rig that can produce 80% or 90% of daily production.
- Price is highly volatile, a new exchange can make a big push. Wait.
- Consider only this coin as a future high value, not useful for short-term trade
But, I totally agree - this coin definitely needs a pool, because now 2/3 of hashrate and rewards accumulated by 3-5 strangers.
I'll tell you more, look deeply in PASC blockchain and you'll see that 90% of already generated coins owned by this 3-5 people...suprnova, for example.
So, big traders are not stupid idiots - they understand that, if 90% of coins controlled by a few individuals - coin not worth high investments. Because of this PASC coin is underpriced.