There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.
No mining when the 83 BTC are not received within the next 3 and a half hours ?
Yes we have a min on the ICO. If the min is not met bittrex will begin refunding. We had to place terms on the ICO and I put a min of 100 BTC because lower than that would really be a waste of people's time. If we made it to 20 and we went with it that would be around $6k which means we would get around 300 ZEN solo. That would be about .18 BTC per day. Split that amongst everyone and it would be pretty small payments. The price of the coin would probably go up because there would be a max of 2 million coins but the real benefit of the coin would be lost. It would be just a pump and dump. We need enough hash power to have the reinvest out pace the decrease in payment.