Quote from: Viecoin on September 19, 2014, 03:49:08 AM

Quote from: 666try on September 19, 2014, 03:25:41 AM

Quote from: sdersdf3 on September 19, 2014, 03:15:24 AM

when does the mining/POW phase end?

About 3 months later?

But price is very low despite current supply...

As long as most holders aren't coaxed into keeping their coins on bittrex and instead stake in their wallets or just send a few coins to friends and family through twitter, POW should be done within 1.5 months.

This is nonsense.

The blocktime is one minute, the amount of people mining shouldn't alter that because diff will rise.

There is pretty much 10000 blocks left which will take 69 days to complete - so there is 69 days of PoW left.

Miners have left in their droves (diff is a quarter what it was) because it's not worth mining and the specs are putting 14400 new xbot per day onto the market.

The genuinely worrying thing should be the fact that xbot seems unable to bring in just over 2 BTC of fresh money per day - this is the amount needed to maintain the price at the current mining rate. I would have hoped that "the next big thing" would at least be able to maintain a significant mining community, but it seems not.

Where will the price be after 69 more days of this?