I didn't misunderstand you, but your persistence with missing the point is breath-taking.
A GPU hashing at 50 Mh/s is just as useless for XMG mining as a CPU farm doing the same thing. The block rewards will be next to zero either way. That's it. End of story. People either play the game as intended or get nothing. That does not mean that this coin or CPU mining is dead. That is a non-sequitur.
There is far more than just POW mining in any case. If people want to kill the POW mining then there is always the POS mining/minting/whatever you want to call it. I already said that there have been days when I got more rewards from POS than POW. Kill the POW mining, keep the coin rare. The less competition in POS the better from my point of view. Maybe we should do away with the POW altogether? That would solve a lot of problems in one fell swoop.
Anyway I am tired of this endless debate. The bulldozers have gone quiet again and the block rewards are rising again. I assume that we just have to get used to this daily annoyance from these ******* [expletive deleted].
Don't be rude, I have never talked here in this thread about that. But you simply don't want to see my point, yet you're seeing everyday with the so-called "bulldozers". The point is to be hybrid, not only POS because (I think) this coin was created for that reason: CPU mining. But don't worry you will see when GPU miners are public and block reward is near zero.
Let's say for example a lot of people start XMG mining. Then it would have the same effect on the block reward as GPU mining, increasing it's price and therefore making it worth for GPU miners and useless for CPU.
You are connecting things which should not definitly be true. Why should the price go up, because the coin is hard to get?
Bitcoin is now much harder to get than a year ago, a year ago the price was around 1000 dollar, now around 230.
One thing is for sure, working on your computer and mining with cpu costs you nothing compared to mining with a gpu.
(unless the energy is for free, and some people don't pay for their energy, that's true)
Like Spexx said, a little mining a little staking, it's nice, and the weather is good....
The Bitcoin price is based on supply demand, meaning that if someone is capable of producing Bitcoins for a very low price (talking about electricity) then the price decreases. That's it. It's not the same as this scheme where the more higher is the hashrate, the less you earn. That way nobody except those who have free electricity would mine XMG with the block reward near zero, simply because it's not profitable.
