So let me get this straight.
About 25k got mined in the first few blocks.
Current reward is around ~2
So renting a rig for this coin is far from profitable since the amount of coins released overpowers the amount of coins mineable right?
Conclusion; People will stop rentig rigs, and mine this one with the cpu/gpu if i got this right?
That is the purpose yes.
Those early blocks prevent the exchange prices to rise to a level where mining because profitable using rented rigs.
Since their are enough coins available, the current reward will never get high enough at an exchange to cover the ~2 rewards/block vs rental price.
All these steps and details are explained in the whitepaper that will be online in the next days to come.