Just an update. Programmer was back logged with work. POW rewards down to 10 per block should be complete tomorrow, Friday latest. If your mining now is the time to ramp up. Huge rewards gone soon
Awesome. hopefully that will help the price. Maybe up to POS a little to compensate? I dunno
The good thing about POS is that it inspires ppl to gather and hold, to get more.
The bad thing about only POS, it becomes a "rich mans game".
Combination of early POW for making and spreading coins gives many a chance.
Keeping a low reward-POW for later stages are good for the same reason ..
still possisble to get some coins without having startup cash.
And if the value of the coin rises high, mining will gain interest again.
But with low pow-reward at late stage, the chance of crashing the price with big mining dumps or multipool are much smaller, as more coins are spread out.
But the POS might seem i bit low here.
You need to have a lot of coins to get ok rewards.
Its all a fine line to walk.
I think adjusting coin settings during the walk is smarter than blindly follow an initial roadmap.
Im excited to see the effect of lowered POW reward @ COXST during the next weeks.