HVC already has mined 34,109,459 out of about 92.5 million coins. It is about 36.87% mined already.
HVC in about 3 months time will be close to 90% mined with only 10 million coins left to mine.
They will most likely take a huge hit in hash rate in 3 months time which people know about (and it does affect current HVC trade price).
MNR is currently on block 3150. At block 4000 we drop down to a block reward of 50 MNR.
This will stabalize the supply side of things and the prices on the exchange(s) should go up a bit because of this and the fact it will slowly become harder to get MNR from mining.
But as crovasco pointed out. HVC & MNR both use a 2 minute block time.
HVC is currently at 627 coins per block vs MNR at 75 coins per block and dropping to 50 coins per block in less then 1000 blocks.
At present you can earn 8.25 times more block on HVC then MNR. Soon it will be 12.54 times as many.
Current Buy HVC price of 0.00000776 x 12.54 = 0.0000973104
That's just using "pure math". However this is based on a direct relationship of MNR to HVC. HVC was trading much higher a while back until it was reported about possible problems with their voting timeline and how it may affect security and price of coin when it hits the sustain phase (unique to HVC only). Value of HVC started to drop at that point (combined with falling BTC) and has settled to around the 0.00000775 mark.
If you look at the value of HVC right before the timeline issue was announced HVC was trading at about 0.000035.
0.000035 x 12.5 = 0.0004375
Yesterday I mentioned 0.00026603 which is 0.0004375 with a bit of factoring in on my part because of the higher payout of MNR thus far (125MNR dropping to 50MNR).
So as crovasco pointed out anything being sold at less then 0.00006402 is foolish due to nothing more then supply and demand. Or a great buy if you are an investor!
Put another way: Those currently selling MNR at 0.00004988 would be selling HVC at 0.00000640 which is below market value for a quick dump.
And this is comparing MNR to HVC which is somewhat flawed and is already 4 to 5 times lower then it should have been.
Just something to think about, but MNR is being sold FAR to cheap right now and should be worth a lot more!
Carlo
Or in other words:
Mine HVC, dump @ any price - Buy MNR @ any given price
Still more profitable then mining MNR
This is current situation - maybe even in 24h it will be different
But still - there is only 0.06 BTC TOTAL demand for MNR
Altcoins have no internal value, their value is purely perceprtive and is completly determined on market where supply and demand collide.
If noone wants to buy it, coin is worthless. Period. No matter which resources you put in use or how much electricity spend.
Therefore, marketing, block explorer, coinmarketcap etc. Need to put some perceptive value on this coin