Attention: Miners start your engines! Grantcoin has passed block 50,000. The block reward is now 6.25 GRT per block. It will double every 1,000 blocks until it reaches 400 GRT per block.
After it reaches 400 GRT per block will it stay at that block reward permanently?
No, it will stay at 400 until block 100,000 and then will begin halving every 50,000 blocks. We plan to switch to Proof of Stake after 6 months or so. The best time to mine this coin will be the next couple of months.