Yes, it's enough for wallet, however for compiling you will have to create swap and compiling will take long time (30 mins I would guess).

As for OS, I would recommend Ubuntu 14.04 64bit

I decided that best will be to port THC to NeoScrypt code.

I also agree that neoscrypt is a good move.  My guess is that most people mining Hempcoin right now are renting anyways.

As for the reward schedule, I like the idea of fartbags proposal:

"
assuming 500,000 POW blocks a year I like:

5 years at 10 coins = 25,000,000
+
10 years at 5 coins = 25,000,000
+
20 years at 2.5 coins = 25,000,000
+
that leaves 70 more years at 1 coin block reward.
"

I agree this will take away from mining incentives for the short term, but it is a much better long term solution in my opinion.  To help the short term mining, maybe if we gradually lowered the reward over the next 3-6 months from current 125 down to 10 coins this would still leave some time for early adopters to grab come coins. 

1 month @ 75, 1 month @ 50, 1 month at 25, then onto 10 coins for 5 years and so on...

The coin amounts fartbags mentoined above are assuming all blocks are POW.... which will not be the case.  so we can take a quess and cut the coin amounts in half.

Heres' a schedule based on 50/50 POW/POS split block generation. ie 720 POW blocks a day.

1 month @ 75 coins = 1,620,000
+
1 month @ 50 coins = 1,080,000
+
1 month @ 25 coins = 540,000
+
5 years @ 10 coins = 13,140,000
+
10 years @ 5 coins = 13,140,000
+
20 years @ 2.5 conis = 13,140,000
=
42,660,000 POW coins over the next 35 years and 3 months.

Add this to the current supply of 151,190,000, we will have 193,850,000 coins.

This would then leave about 213 years of 1 coin reward blocks.  If we change the first 3 intervals to be 2 months each, 1 coin rewards would last 200 years....

Just brainstorming out loud here, but I like where we are going here.

And I completely forgot about the bonus blocks..... OOPS.
Factoring in the bonus blocks (mulitply by 1.68); 71,668,800 POW coins over the next 35 years and 3 months.  That leave about 103 years of 1 coin block rewards.

Thoughts, praise, criticism are greatly appreciated.

Thanks.

Algo change doesn't matter, in my opinion. Instead of asics, it's gpu farms. same problem, smaller scale.

Neoscrypt has done nothing to help the price except a quick few day jump for FTC, PXC or UFO.

On the flipside:
NLG is still on scrypt, embracing the ASICs, but they have an executable plan for everything and is why they are succeeding.

ASICS or gpu farms, doesn't matter. End result is people will end up buying what miners are dumping. THC needs more than just an algo change or fixed PoS. Fixing PoS is only giving people what they were promised, so that's not, in my opinion, anything exciting. THC needs adoption and the establishment of the connection of THC to hemp; and/or merchant adoption.

Just take that into consideration.

Gpu's are cheaper? If i bought 6 r9 290x's 8 months ago when I bought my Asic, it would have cost a little less for the gpu's plus rig components. By the way my asic is fried so I'm not mining at the moment.

Falcon = $4200 - $850 store credit
6 r9 290x = $3600 + mobo and chip @ $100 and ram $40 and psu x 2 @ $150+

Any news? I hope there is 

NeoScript??? Like FTC? Why not just fixing the wallet staking problem and thats it for now? And later maybe Neoscript... anyway FTC since then is going down in price so... How i see it there is just delay and "blablabla", nothing more. Very dissapointed and please dont say it is FUD because i support THC since the begining, i made the video animated that u can see in the OP... my old account was jmsr1978

This is what I meant when I said Neoscrypt did nothing to help the price in FTC, PXC and UFO. I should have elaborated and said the price kept on their downward trends after the neo switch. So for me that's proof enough that for 3 coins with the algo has shown us THC's path if we switch. It's not about the algo, it's about adoption. Algo switch is like buying a gasoline car or a diesel car from the fuel economy point of view. Not talking about other things like diesel engines last longer, etc etc.

Algo switch would be good IF MP's were all over this coin and lemons didn't want to try and combat the MP's, but they aren't. Hell, there's only a few people mining at this time.

We don't need our DIRECT goal to be more miners. Network only needs 1 miner to keep the chain moving. We need adoption. Miners will come with adoption as THC gains popularity. Adoption will bring more people willing to buy THC, and will absorb any dumping. Adoption adoption adoption!

The adoption thing is not directed towards you, lemons. I understand your position. But the algo switch convo is directed to you.