3.93% profitability
Diff could go back to zero, and it still wouldn't be worth mining.
FFS YOU CAN'T JUST CHANGE A COIN AFTER RELEASE!!!! IF YOU WANT THE COIN TO SUCCEED, PUT SOME FUCKING THOUGHT INTO IT,
BEFORE YOU RELEASE IT
1. we didn't release the coin. Milkshake did. Milkshake is no longer around.
2. elacoin is open source, anyone can make changes to the source and release if they want.
3. elacoin is beta, and as such is subject to have issues that need to be fixed(bitcoin is beta too
).
4. we are trying to put some thought into it, and one thought we've had is that we need a windows client that can be downloaded and others can compile without issue.
However, I will agree with you on this... we have time. There's no need to rush on anything, the 3 mhash the network has now isn't going to just up and disappear. whatever we do, it should be well reasoned and there should be some consensus before we do it. Discussing is good.
At the current difficulty and reward(and bitcoin exchange value), elacoin should be worth about a dollar a piece. I think that's a pretty nice and convenient value, so we should try to keep it around there. That means coin reward should be about diff/4. When diff hits 8, reward will be 3. When diff hits what it is for litecoin (602) reward will be ~150. Litecoin is doing just fine at a much lower reward/diff ratio, so I don't see any need to make the reward ratio any bigger. Leaving it as it is would have it at about half of litecoin, which really isn't too bad either.
also I think halving the reward every 9 months is a bit too much, but I'd have to go look some charts n' stuff to decide what I think it should be. And other numbers. n' stuff.
