IMPORTANT:
After analyzing the current situation and opinions of the Community we have decided that we stop PoW phase in the MalibuCoin from block 61000. It will turn the coin to pure PoS. We hope that the introduced changes will be gladly welcomed by the Community. We hope it helps further development of the coin, stop the dump of mined coins and losses of the MalibuCoin Investors.
Imo, anything that can prevent dumps is right; still can't understand why somebody mine and sell coins so cheap (cost of beta rigs is much higher) - maybe they have free electricity?