Quote from: LionOfNarnia on March 17, 2014, 12:58:14 PM

Quote from: freakdude on March 17, 2014, 11:41:32 AM

Zeit will pick back up once the mining stops and it becomes POS

If mining actually stops, we're in deep trouble.

Yes, for those of us with a few Zees squirreled away, the minting will be FAR more rewarding than mining but (as I see it) even at 1z/block, actual mining still needs to be paying out double what it costs in elec-trickery

If you take a look at what some of the other coins that have low rewards/block are currently trading for, you'll get SOME idea of where ZeitCoin COULD be at after all the development & promotional work has born fruit.

How much more rewarding will minting be?

Here are some ball-park figures to work with-

With 1Mh/s I think mining will bring 1 coin/day after mid-April.

With 10 Million Zeit as Stake, minting will produce 6,850 Zeit/day

Thus that 10 Million is producing as much as a 6.8 Gh/s super-rig

NOW do you get it?

I expect 1Mh/s will bring in more than 1 a day once PoS starts. I can't imagine any single miner wanting to put that on it as it will kill electrical costs. I'm going to set up a tiny rig that'll be running maybe 50kH/s at most as I expect that to be about right during PoS, especially in the long run. For the sake of the coin I hope i'm very wrong as it would be easy to take over most of the network power in my scenario. Only time will tell.