Quote from: karky on February 20, 2014, 01:25:10 AM

Quote from: mkimid on February 19, 2014, 09:25:49 PM

Quote from: scabbyb on February 19, 2014, 08:45:48 PM

Grain price in serious trouble. I worry that if there aren't more buyers and people continue to dump coins so cheap, coinedup will remove grain from the exchange. If you were ever planning on buying more grain, I think now is the time..

I agree with you,
and, I have bought some coins,
Actually, when consider the mining gain,
Still the profitability is not bad even little bit lower than LTC coin,
but, If keep going down, it will be a trouble.

Recently, my minder start to get more GRA per day,
but, I am not happy with it, because of number of miners are goind down,

....

Did you count on that, that superblocks are giving about the same value, as it's witout them?
I mean i count with reward: 3000
Because it's 1024-2048 ~ 1500 + (0,05*8*1500)+(0,01*64*1500)= 1500+600+960 ~~ 3000

X8 chance : 8.6% with PoW, 7.8% with PoS
X64 chance : 1.7% with PoW, 1.5% with PoS

When PoS/PoW : x2 :

X8 chance = 8.6 * 1/3 + 7.8 * 2/3 = 8.07%
X64 chance = 1.7 * 1/3 + 1.5 * 2/3 = 1.57%

Average reward : (1024 + 2048) / 2 = 1536 at 90.36% = 1388
X8 : 1536 * 8 = 12288 at 8.07% = 991
X64 : 1536 * 64 = 98304 at 1.57% = 1543

Reward : 3921

But, actual reward should be around 2000~2500/block with 1~3Mh/s

(1) some sneaky miners are just mining the super block only,
(2) pool/higher hash miner have more than a lower hash miner,

The network hash rate is keep going down,

Overall peak : ~250M
Most average : ~100M
Recently : 30~60M