Hi Tommy,

One of the issues facing PascalCoin is mining centralisation.  Nanopool is currently mining over 99% of the blocks and this is a big impediment for exchange listings and wider adoption. This is the real reason our price/cap is so strangely low, as you rightly point out in your great video. If this issue is resolved, many exchange listings will follow, our volume will increase by order of magnitude, and so will price. From a cost-benefit-analysis perspective, every dollar spent resolving this issue will yield far greater ROI than a dollar spent on marketing.

Before Nanopool took-over,  we had several pools who were actively participating and contributing to PascalCoin. Our BTC price was far higher too. As Nanopool began rising in block dominace, the miners became increasingly frustrated culminating in a very public FUD campaign (Slack/BCT) accusing us of having exploits. Even I bought into this FUD and believed for a long-time Nano was doing a selfish-mining attack. Albert and I spent a great deal of time investigating this issue and found nothing. I even had two well-known Cornell researchers review the situation and they also concluded there was no exploit, Nano was not cheating and they even congratulated us on the great difficulty adjustment algorithm we used (similar to recent BCH DAA). However, after the FUD campaign and Nano's continuing 99% dominance, our price has not recovered properly. However, this can be changed so since we now understand why and how Nanopool took over.

It’s an economics issue, not a technical issue. Since we are GPU-friendly PoW coin, it has made us a prime candidate for dual-mining by the Ethereum-centric Nanopool. Since ETH is a memory-hard PoW coin, GPU's have a lot of latent computational power when mining ETH. As a result, most Nanopool workers who mine ETH also mine PASC on-the-side, since Nanopool offers this feature in a very convenient and user-friendly manner.

The introduction of dual-mining into a crypto fundamentally changes the economics and incentives of mining for the "secondary coin” being mined. Let me explain. Ordinarily, a coins mining eco-system grows organically with interest in that coin and centralisation does not tend to occur. This is due to the "hashpower follows price" law. As price grows organically due to interest, so do the number of miners. If there are too many miners, the coin becomes unprofitable, and some miners leave.  This homeostasis between mining, price and eco-system size