Quote from: bitspender on June 10, 2015, 11:33:43 PM

Quote from: RattleBalls on June 10, 2015, 11:31:26 PM

Quote from: bitspender on June 10, 2015, 09:48:17 PM

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?

So at some point mining with a gpu will actually be worth it?

Sooner than you think.
Right now there is no market price to make those calculations... But i assume that rentig is far from profitable, and the pools hashrates seem to support my opinion.

If that was the mission for this coin, it is a big success in creating an anti-rental coin

It will take few days until hasrate will go significantly down.