Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PND] The Official PandaCoin thread! [Scrypt][KGW][NO PREMINE]
by
kangaroo303
on 05/03/2014, 15:27:39 UTC
Did anyone can tell what's wrong with PND BC TOP and many many others,
Why they can so lower
With PND, miners are instantly selling their coins at the lowest price. Not sure what's in it for them when they could be making more on a coin switching pool.

They can't. Average switchingpool is +/- 0.007 BTC/MH/day at the moment. Mining PND and dumping for 1 satoshi gives about the same amount.

Alt coins look dead widely spread, it's not PND only Sad

Too many hashers, too little buyers.

I have the same number. So I mine and dump. Half of my hashing power is in multipool, half here.

But that also means that if the difficulty increases, the match dictates a price increase. Just a matter of time.