I dont get the whole "how many coins will be mined" thing sorry, would someone care to explain why the total amount of DRK to be mined might be going from 22 million to 11 million and what the implications are? can this be changed etc?
I'm sorry for causing trouble. I was going by memory, but it's more like 14 million. What happens is that the rewards are diminished when more people mine. The more hash rate on this coin, the lower the reward until it hits a minimum of 5 coins. If we really are at 7 coins right now, I imagine we'll be at 5 in a week or so. Next year, and each year after, the number of coins will also be reduced 7%. So our minimum of 5 coins will be reduced more and more each year. That is what the chart shows. I always thought it was likely that we'd "hug the minimum number of coins line" as I said back then, and it seems that's indeed what is happening now.
However, we must remember that if this coin becomes less popular to mine, and the difficulty goes back down, the rewards will increase again. The system is designed to encourage people to mine if mining becomes unprofitable or people leave for whatever reason via the increase in rewards. It's supposed to find it's own balance and so I may be wrong and people may stop mining and the rewards increased again as intended. However, if the coins value keeps going up, and it remains profitable to mine despite having minimum rewards, then it will continue along that minimum line.
