Why would one invest in this project for 3usd/equibit if the mining schedule is the same as bitcoin? I mean then i would be able to mine about 1000 equibit in one week (on a regular pc) which would cost me less than 20 usd in electricity, but the ICO price for 1000 equibit is more than 30k :S. Do i have it all wrong or is the ICO price ridiculously high and will for sure plummet?
When the network launches everyone will be able to mine, so we do expect some competition as we have received a lot of interest about the mining aspect from our supporters.