Can someone explain what will happen with the upcoming update ?
You will get less coins for your mining efforts but maybe the price will go up so it will still be worthwhile to mine. Or maybe the price will stabilize so it will still be worth mining. Or maybe there will still be too many mining and it won't be profitable for anyone.
This will be interesting to see how it shakes out. There is no hard information yet on how much percentage of each reward miner's are going to lose. Mining profitability of MUSIC is way down in the last two days, this won't help. Something will have to give.