I agree with kaduwall above.....this coin is going to be a big hit.
In my opinion switching algo's will not solve anything as you can rent rigs via any algo out there. I had 120MH rented for a while yesterday, may consider renting again when kaduwall is finished

. I am in it for the long haul and plan to hold coins. I only hope others that will be jumping onboard soon will do the same and not dump after mining, when the masses get here the NSF will be put to the test. If anything I'm sure it will help minimize the impact of dumping. It will take a little while before the majority see the value and want to hold.
If the demand continues to be high for these coins people will keep digging into their pockets for rig rentals.....a good thing really.
Go NAUT! btw may want to consider changing the OP ticker in title to NAUT from PHI.
Edit: Looking to the future there is only one thing that would be nice to see and that would be an adaptive POS model. Imagine if balance holders would receive interest based on how the coin is doing itself and the market. I don't believe in the common POS model that has set interest rate targets at different blocks, it should be based upon the dynamic environment.