At this point it recovered to only be down 30%. The 1 thing that has been on most ETN holder's minds has been the eventual release of the ICO people's coins... via supposedly a real wallet lol.  In addition, the ETN team has publicized a re-launch to occur this week, and a lot of people were thinking the ICO coins would become available as part of that. The vast majority of people in that space were predicting a huge drop in price due to the liklihood of a lot of investors taking profits right away.  When i saw that 50% drop earlier i had just assumed that is what had happened but i havent had time to verify. I only mined about 7k so Im just holding no matter what since there's not much down-side with that small amount.

But, the other big problem with ETN is the lack of any good pools. I've tried 3-4 and all have been horrible, returning maybe 35-40% what they should have. That's why i went back to XMR on half my rigs but now with ETH over $700 I've got all 4 back on that.  Bottom line is that even if ETN shows as more profitable to mine vs XMR, it is simply not true... at least until they get the pools functioning correctly.