The rewards are so low now it hardly makes sense to mine.
Yes, DarkNote reward halves every 11000 blocks. The minimum block reward is 150 XDN.
It's a part of XDN smart economy strategy.
It was done to bring the major (more than 70%) of XDN coin units to the free cryptocurrencies market in the first year with the Proof-of-Work mining. The idea behind this is tDarkNote value and price should be ruled only by free open markets, not several big stakeholders/miners like it's done in other cryptocurrencies.
But also, PoW/PoS Hybrid scheme will be implemented soon.
Exactly!
big mining rewards existed to benefit the insiders who purposely names the coin "ducknote" and limited innovation at the time. Only once they had lots of coins did they rebrand to "darknote" and begin to innovate. Boolberry is the cryptonote coin with the most fair distribution (by far). Look at the distribution curve and decide for yourself
There were no insiders, I was here on this thread, just like I was on the Monero and Bytecoin thread. Mining all I could of each coin. These huge rewards you speak of were dumped at a measly 3 sats when the coin was first on exchange. There were no huge profits, just like there are no hidden agendas and insiders that you speak of. I support all these coins and have no bias, but I just came from the BBR thread of which you just posted about the help it needs and now I see you here talking about non sense.
I would like to note that the majority of the coins I hold, were bought at 3-7 sats. Mining for this coin when it first started was not profitable, even considering the block reward.
I would also like to mention the scandal with BBR and how christian had created a video card miner for BBR and mined an immense amount before it was released.