Monday, July 18, 2011
Bitcoin to Namecoin difficulty ratio
Namecoin original site got very interesting page with Bitcoin and Namecoin difficulties and future changes. This page contains two tables with three rows: current value in the network, instant value based on current network hash rate and next Bitcoin difficulty value with date of switching. Also there is third table with Namecoin/Bitcoin difficulty ratio which may help you decide what currency to mine - Bitcoin or Namecoin.
Current values at time of writing this post were:
Namecoin next difficulty row:
- Block number 16128
- Next difficulty switching time 22/07/2011 06:57
- Next difficulty value 22'483.11
- Next/Current difficulty ratio 0.40
Bitcoin next difficulty row:
- Block number 137088
- Next difficulty switching time 19/07/2011 22:41
- Next difficulty value 1'673'141.39
- Next/Current difficulty ratio 1.07
Table with Namecoin/Bitcoin difficulty ratio contains this data for next Namecoin switching date: next difficulty switching time 22/07/2011, NMC/BTC Ratio 74.42 BTC/NMC Ratio 0.0134
Labels: Bitcoin, bitcoin.conf, BTC, currency, GPU mining, Miner, Miners, poclbm, poclbm pool, poclbm-mod, pooled, pooled mining, Radeon
The current BTC/NMC Ratio is 0.0139
With the exchange rate at ~0.0335 at the time of this comment, it is much more profitable to mine namecoins.
This will remain true as long as the exchange rate stays above 0.0139
The tool you linked to estimates that will happen on 7/24/2011 with an estimated ratio of 0.0556
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