Quote from: SIX3P0 on July 10, 2016, 12:09:45 AM

Quote from: notsofast on July 09, 2016, 08:54:51 PM

Quote from: Trade_BTC on July 09, 2016, 07:20:46 PM

Quote from: notsofast on July 09, 2016, 10:57:33 AM

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.

Take a look at the block explorer which shows whether the last blocks were found by PoS or PoW. PoS has been finding about half of the blocks since it kicked in.

Are the POS blocks the same as POW or only 10%/y?

They're 10% per year, so every time a PoS block replaces a PoW block, it reduces the total targeted eventual supply at the end of PoW.