Post
Topic
Board Announcements (Altcoins)
Re: 💰🌟NEW KUC🌟💰Kuwait coin oil and gold coin
by
Trade_BTC
on 09/07/2016, 19:20:46 UTC
Nethash is over 4 Gh/s. That's not a huge deal for scrypt but during the period of 1000-KUC block rewards it was generally between 2-3 Gh/s.

So there are a lot of coins out there mined at lower breakeven than currently. Good sign as far as mining microeconomics go.

5.4 million PoW coins mined at current block 13358. With the simple decaying-by-half reward reduction, that means about 66% of coins are mined so far.

You can extrapolate that to an approximate total supply at end of PoW of 8.2 million.

Current last-trade prices at NovaExchange, if applied to that end-of-PoW number, put the KuwaitCoin marketcap at 5.74 BTC ($3,731 USD) at end of PoW.

Seems like lots of headroom to me!

Wow proof of stake blocks really cut it down that much?  I guess not a bad thing but still quite a drop in supply.