Quote from: fittsy on February 04, 2017, 04:55:51 PM

Quote from: jiggytom on February 04, 2017, 01:58:28 PM

Quote from: adaseb on February 04, 2017, 01:35:58 PM

Pascal is live now on Nicehash.

This is good news... Hash could raise, and this could bump the price.

Someone with no grasp of financials.

Supply and demand. The lower the supply the greater the demand. (and the higher the price.)

The higher the supply the lower the demand (and the lower the price.)

Look at every coin dual minable by Claymore. within a few days of release price spikes (pumps) and then the price gradually goes down.

Supply and demand but not the hashing power but the coin. Pascal coin supply is programmed steady (100 PASC in cc. every 5 minutes), so the rising or falling of hashing power has no effect on coin supply and therefore on price.

Rising of hashing power rises the difficulty which will affect profitability of mining negatively.

benekiki

Posts

Merits