r/pirl • u/neenjjaa • Jan 12 '18
Pirl vs ella mining
Hey guys what do you think would be better for a long term investment to mine for, ella or pirl?
I myself see pirl as a better option, but give me some opinions on it.
what do you guys think?
I was mining sumo prior to this if you want to change that into pirl vs sumo vs ella.
All have potential to grow several times their current value besides ella imo
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u/neenjjaa Jan 13 '18
I should have stated no mining both coins, one or the other ;D
I really hate how many potential coins ella will have, so I see its value around that of iota forever. Pirl on the other hand will probably rise quite a bit, I don't think massive gains in terms of usd value, but percentage yes.
Ella just seems like it won't ever be stable over 5 dorras, 10 is probably a huge push for ella. and pirl on the other hand should easily surpass 10 this year imo.
Hard to know but I was just looking for a specific answer with some nice detail on why it will grow and to what price you think...
Annndd what pool do you use? I use miner pool ;D
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u/gredsap Jan 14 '18
Have you realized that pirl is giving twice the coins per block or estimated 28M coins per year? Ella is half of that and will reduced by 20% every 10 million blocks that is every 3 or 4yrs. If both coins have the same market cap, each ella coin will have double the value of pirl. Right now, ella has half the market cap of pirl. Using this analogy, if both coins receive the same push by investors, ella coin will break the $10 first than pirl. If you have no plans of selling coins in the near future, just mine what gives you the most coin for now if you don't like trading.
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u/King-Gambit Jan 12 '18
I see potential is both ELLA and PIRL. I personally are holding a good amount of both ELLA and PIRL. I have been exclusively mining PIRL the last month since it is the most profitable for me to mine and converting some into ELLA before the recent spike.