Quote from: Angora on September 26, 2014, 04:48:57 PM

Quote from: bpool on September 26, 2014, 03:06:06 PM

Quote from: bitcoinbelieve on September 26, 2014, 02:50:59 PM

Quote from: Angora on September 26, 2014, 02:00:51 AM

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance. I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin. Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.

Buying the coins is better way to obtain LTCD rather than mining

+1
I have bought the 10BTC in bittrex

As a miner, any coins I mine I can convert to another coin or sell for USD w/o having to be subject to FinCEN rules as long as it is for personal use. Converting USD to crypto coins is a grey area and my understanding of FinCEN rules is that you are transferring (converting) money and then are subject to licensing rules. That is a can of worms I want to avoid. In a previous post pages back; I have posted the link to the FinCEN info.

Yes, initially mining LTCD, now mining is better to buy cost-effective

Sorry, my English is not good