Good info for the many idiots calling me a troll on here. Karma beatings will continue until they learn.
But see, I personally would never invest in a coin when stakeholders are trying to "investigate the N-factor scheme". What exactly is wrong with it now? If it is profitable for CERTAIN miners, why change it to be profitable for other certain miners??? Is the plan to keep the NFactor low until asics become an issue and then change it as needed? Do you understand how this manipulation destroys the coin? Did you see my quote from SunnyKing? There would have to be intelligent rationale for changing something, which most people have no idea how it works to begin with anyway. There was absolutely no intelligence behind reducing the reward, which has set a dangerous precedent of following through with bad decisions... bumface actually thought that reducing the reward by a factor of 3 would increase the price by a factor of 3, seriously.
Well, N-factor increases were implemented to make the coin ASIC resistant. However, scrypt ASIC isn't proliferating as fast as the Devs had originally predicted. So now we have an unnecessarily high N-factor. One which makes configuring mining hardware very difficult, even for miners who have been mining UTC since day one.
I'll agree that one could argue cutting the block reward was a poor decision and is probably a large part of why many miners left (who wants to have their mining reward cut by 70%?) but hind-site is 20/20. BUT, we can't keep driving 100 mph in the wrong direction. High N-factor is a barrier-to-entry for a lot of potential miners because A) it's hard to properly configure hardware B) they don't realize the low hashrates are normal/don't know what normal for their setup should be and C) it's inconsistent; they will have to rework everything in around 1-2 months. I agree that constant changes appear as though we are manipulating the coin, almost like the Fed manipulates the USD supply. We don't want to just throw stuff at the wall and see what sticks, but we DO need to find the right balance and track for this coin, and soon. And when we do, we will let it grow on its own from then on.