i bought NXT off of moloch to buy the stake but it seems to be causing problems and spoke about all sharing five stakes
refund 550 NXT
Transaction id: 2187274269494885602
nxt address: 7397574498197696354

sorry for causing more work than needed really hoping to NEM takes off

i dont agree, the reason that coops are forming is because you need big money to compete right now. but that will all go away sooner then you might imagine.

asic manufacturers have been selling ancient technology for premium prices because there wasn`t anything better. 60nm chips where thrown out of hosting farms a decade ago and been poisioning children in africa ever since because back then they where allready slow and ineficient.
BFL is still selling the same stuff to this day in jallapenos if im not mistaken. there isn`t any competition on the asic market atm. just a big race to where we should have been allready.
asic devs have been leapfrogging, not competing. there is a real difference!

once the dust settles the is no reason anymore for huge farms to exist. there will be some out there, just like there are big ltc farms now. but they wont be a threat because mining will be available to everyone once again...................................       until quantum computing hits the market. i just paid for my preorder. they promised the delivery date will be no later then q3 of 2031

So much energy being wasted on mining, save the planet maaaaaaannn. But seriously, there is so much energy/power being used in mining. It's an obscene amount.

I agree with most of the comments. For most of the BTC clones; the dependency on BTC is endemic. For NXT; I noticed that it is still problematic because, while the value of the coin respecting BTC increases; the value respecting any fiat currency (which at the end, are the currencies that can allow you to buy stuff and transfer value to the cryptocurrencies) is going down or it is keep in best cases. This is not good since it makes cryptocurrencies only useful as a high risk invesment instrument more proper for speculation. This is at the opposite of the NEM concept. IMO, the questions to solve are:
1. How to get independency from BTC
2. How to transfer value from the real world to NEM in a direct way (so then merchant can use directly)
3. How to establish an easy fiat-NEM exchange that goes in line with point 2

I think it is important to think how to solve these issues before launching or, at least to have some ideas how to do it. I am confident that the dev team can work in a solution but, as a community I think we need to discuss these issues