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Peer Coin Rate : 150

Peercoin (PPC) Exchange

Peercoin Exchange

Buy & Sell Peercoin (PPC) : An energy-efficient cryptocurrency


about peercoin

Know everything about Peercoin, Peercoin differentiators and peercoin exchange, online

Cryptocurrency mining is an energy-intensive exercise. Each year, millions of units of electricity are being utilized to mine cryptocurrencies around the globe. Understanding the growing energy usage and inefficiency of current blockchain technologies to limit electricity usage, Peercoin was created as a concept in 2012 by Sunny King and Scott Nadal.

Peercoin, since the beginning, has grown in terms of its price at peercoin exchanges, globally and is a rewarding cryptocurrency owing to its promise of energy-efficiency in the long run. If you wish to invest in peercoins, you can take help of peercoin exchanges such as CryptoIdol that facilitate buying and selling of Peercoin online.


Promise of Peercoin: A Secure, Sustainable and Low-cost Cryptocurrency for the future

Peercoin analyzed the growing need for electricity due to cryptocurrency mining based on Proof-of-Work concept. Instead of relying on conventional PoW concept, it created a hybrid system of mining that was based on a combination of proof-of-work and proof-of-stake system. While proof-of-work system was based on energy intensive mining, proof-of-stake selected nodes based on the number of coins held by an individual.

The hybrid mining technique of Peercoin promises less energy consumption making it a sustainable and energy-efficient cryptocurrency proposition for the future. Peercoin does not require large computing power for security of network. Miners do not have to invest on heavy equipment for mining Peercoins. This makes it a low-cost alternative to other cryptocurrencies, at present. Also, Peercoin promises 1% returns to the users who mint Peercoins owing to inbuilt system for achieving an inflation rate of 1% per annum.

promise of peercoin

choosing peercoin

Choosing Peercoin for Cryptocurrency Investment using Peercoin Exchange

If you are looking for a stable, sustainable and secure cryptocurrency investment option, Peercoin can be a wise choice. As it has been on the cryptocurrency landscape for approximately 5 years, it is much more reliable than new cryptocurrencies. Also, the promise of energy-efficiency makes it a promising investment for the future. With rising enthusiasm about cryptocurrencies in addition to environmental concerns, an energy-efficient cryptocurrency like Peercoin is sure to receive spike in the future. If you wish to start investing in Peercoins, you can use a Peercoin exchange such as CryptoIdol to help you start your investment portfolio. With CryptoIdol you can easily buy or sell Peercoins with minimum hassle.


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Benefits of Peercoin

Buy Peercoin

Secure

Peercoins are highly secure and stable since their inception.

Less Energy Consumption

Peercoins are energy efficient.

Smaller Blockchain

Allows wallets to sync faster.

Proof-of-Stake Minting

Increases Peercoin supply by 1% every year.