OK, let's do a simple math.
They are giving miners a 200000 ETN reward for 26 blocks.
With the 50MH network - 30 times lower than before (if miners will give that power) - calculating 26 blocks will took about 2 min * 30 * 26 = 1560 minutes. And miners will earn 26 * 12000 = 312 000 ETN. Total 500 000 ETN.
But, on the working network miners can mine 30 times more blocks which cost 26 * 30 * 12000 = 9360000 ETN !
So developers want miners to do a 9M ETN work for 200000 ETN reward? Good luck!
Correct me, if I am wrong.
What you call a "working network" is the orphan chain? You can't compare 9,000,000 ETN with 0 value and 200,000 ETN with 0,02$ value.
I don't know how to calculate the current situation but using "whattomine" and inputing the current data, I believe the block time should be 8 to 8.5 minutes at 178.026.651.022 difficulity and 1.48 GHz network speed.
Obviously that's not happening and I don't know what to think... let's hope that after the next block the difficulty will tank hard!