PoS seems a good idea, since we already got forced to change the 'Hardest coin to mine, ever'.
Right now this coin is a goldmine for miners who keep mining and dumping. Miners get 3x the normal profit with UNAT against BTC.
UNAT was never created for that purpose.
Diff needs to go up way higher, or PoS should be considered.
If we do nothing, this coin will be mined and dumped until it's dead, while UNAT has so much more to offer than just that.
My apologies for calling you out like this, but, since you do obviously control a lot of this coin, I think it needs to be public discussion.
I agree that the above statement is very short sighted. It seems to me that at this point, POS would benefit you greatly. It would solidify you as the top coin holder and could potentially give you a very nice profit. Call me MIAOMIAO(crazy), but I have been watching both pools and exchanges since we were stuck at ungodly difficulties in late July. Anyone watching the hashrates will know that you are sitting on a pretty pile of UNAT. I also believe that at some point you realized how this looks and split up your accounts into several, lower hashrate, 'anonymous' accounts to make it seem more spread out.
I think it's funny that you mentioned miners getting 3x normal profit. I'm assuming you are talking mostly about c-cex. I admit to being one of those people. Here is my reason...I see the UNAT king sitting at the top of the mountain with all his coins and it makes me nervous. I do not believe your intent is to sit on all these coins. I also see what I believe to be the king spreading out his coin on sells with very close prices. One upping the lowest seller. This shows me a low confidence in the coin by one of its top shareholders, which also makes me nervous.
Finally, I know nothing about you, whether or not you have your own farm, or if it's strictly rental, but this coin needs to stay POW for a long time in order to make sure these types of wrinkles to get ironed out. This coin has a long way to go. It will fluctuate. Maybe the popularity keeps growing, causing the hashrate to go higher, making the coin harder to mine, thus justifying the 3x rate you mentioned. Or maybe the coins value comes down a little, making the price for mining it equal to or less than BTC. Either way, I believe we need POW in the long run in order to even out the irrational behavior of a few humans itching to make a profit.
Maybe it's none of my business, or maybe I'm just a jealous miner with an inferior hashrate complex, but my question is...What are your long term plans for UNAT? How will you contribute to the value of this coin?