All indications are that mining will end on Sep 28 at 13:30 GMT with POW coins mined 22.1m. I will do some more measurements during the day to confirm. It seems only about 1300 of the last tranche will be mined.

Give it some time. It is barely a day or two in and it is way to early to make any predictions. In crypto everyone wants to make instant money, but sometimes patience is rewarded.

Yup, if POW and POS is in synch, then the end of POW can be halved from that point.

POS hasn't kicked in yet. At this point end of POW is still 5 Oct 2014 around 19:00 GMT. Total moneysupply for POW excluding ICO if there is no POS blocks will be  72,870,100. POS will eat into that though and final POW coins will be around 35-40m.

Are you getting POS coins because I cannot see POS coins being added to the moneysupply? Unless of course coins have not matured yet since issued.

Have you tested staking yet?

Deleted my posts. Best not to quote FUD posts and ignore them. In many cases it is the FUD that actually destroys a coin that might have been successful without the FUD. Crypto is a hostile environment and in the end like putting money on red or black. Sometimes you win and sometimes you lose. Lets see how things pan out and if the dev team delivers on their promises. Proof is in the delivery. I dont care if something is developed inhouse or outsourced. Whatever is the best for the coin.

Devs can you let us know when POS will start and how long coins must be in the wallet to mature?

Have you mined before at a launch? If you have you will know this is normal.

Mine shows fine.

The only problem is that manufacturers keep dumping BTC miners on the market at ever decreasing prices. This and a flood on Ebay. It is possible to buy a 1.6THz Cointerra IV on Ebay for $1000 which is 1/3 of 2 months back. Even the 1THs Dragon miners are becoming very cheap compared to a few months back. This makes me even more upset because the manufacturers must have ben making super profits off miners then. It cannot be so much cheaper to manufacture them now compared to 2-3 months back.

I doubt that difficulty will drop though, but it might become stable or rise slower at the point when electricity cost for running a 1100W power supply at max is equal to BTC returns for the THz produced at that Wattage. At that point new miners will probably not enter the market. If you add the opportunity cost for the electricity spend to the equation, then that point might even be reached sooner. At some point GHASH will also make a call if the Ghash they sell is profitable after maintenance cost and might pull the plug on that part of their business. Unless of course someone comes up with a solution that has a more efficient THs/W ratio. Once the above equation has been reached there is no profit and no loss and is the break-even point. In order for the situation to change, either the difficulty has to drop (unlikely as most will try to wait it out while manufacturer miner flooding will continue) or the price of BTC has to rise.  The price of BTC will rise on a fundamental level if there is more demand than supply which could happen with either more acceptance and use by the general public or if less BTC are sold for fiat. The 1st is probably more likely than the 2nd because of a panic selling spiral and because miners have to sell more of what they mine to cover cost and make some kind of ROI and at break-even point all mined BTC is sold to break even and after that they withdraw. The above assumes of course that you have to pay for your electricity and imo this is the bane of POW and POW the bane of BTC.

I agree that alt-coins are pure speculation, but if you learn the market there are opportunities. It is extremely high risk but one of a few opportunities and alternatives on the road from BTC to fiat none the less to multiply BTC if it fits within your risk appetite. If someone wants guaranteed positive return then they must get out of crypto and buy government bonds.

It is almost not profitable to mine BTC anymore if your aim is to exchange to fiat day to day, because of the electricity cost. If you are into BTC long term then you don't have to do much except for holding on to it or to multiply it. If you are reliant to exchange to fiat, then the only thing you can do is to use the BTC to make more BTC before exchanging. One such method is to convert to alt-coin, play that market and then exchange back to BTC and then to fiat. Alt-coins are however very scammy currently but there are opportunities here and there.

Will this not be a more accurate formula?

1 BTC / 0.00000020 = 5,000,000.00000000
12.82092461 / 0.00000050 =  25,641,849.22000000
Total bought at advertised price = 30,641,849.22000000
Remaining = 9,358,150.78000000.

Your share of remaining = your investment / total investment * remaining = your investment / 13.82092461 * 9,358,150.78000000.
Your total allocation = Your purchase at 20 or 50 sats + your share of remaining.

If POS and POW is simultaneous then the end of POW will be much quicker and many of the large blocks in the end will not be mined. Of the 40m POW coins it might end up being only 20m that are mined. This is due to each POS block counting towards the 22880 target for end of POW. One POS block might be 0.14 ROS for example, whereas if it was a POW block might have been 5000 if it was from the last tranche. If POS and POW is in synch, it might halve the POW period.

What is your estimate on how long POW will take?

That assessment is for the devs to make, but if enough money was raised to implement features and carry the coin through for the next while, then the answer is probably yes.

The first BTC was guaranteed a price of 20 sats. So you have to first calculate that which is 5m coins. Then the remaining 35m was sold at around just under 37 sats to get to 12.82 BTC. The 1 BTC  + 12.82 BTC = 13.82 BTC.

Unless I misunderstood, allocation will probably then be:

1 BTC / 0.00000020 = 5,000,000.00000000
12.82092461 / 0.00000050 =  25,641,849.22000000
Total bought at advertised price = 30,641,849.22000000
Remaining = 9,358,150.78000000.

Your share of remaining = your investment / total investment * remaining = your investment / 13.82092461 * 9,358,150.78000000.
Your total allocation = Your purchase at 20 or 50 sats + your share of remaining.

As far as I understand it, in essence all ICO coins have been sold, just at a lower average price. 5m at 20 sats and 35m at somewhere between 36-39 sats. Had more money been invested, all ICO coins would still have been sold, just at a higher average price up to a max of 50 sats.

An ICO is as safe as the dev team's integrity and business skills. Having said that, If you look to the right, those afterburners you see is the plane that took off that you've missed. ICO ended a few hours back. Mining starts tomorrow though.

I know a crypto-coin is not a company however, a crypto-coin can best be compared to a company. The match in principles and characteristics is very high. The quicker the alt-coin community realises that, the more coins will be successful. Run a coin as a well funded "company" using the same principles as you would for a company and chances of success is high. Coins become nothing more than highly liquid shares that can be used as tender. Crypto currency is quite far removed from fiat currency and very few principles match. Lets not hijack this thread though for an in-depth discussion on this.