Still don't understand the block reward, how many coins per block now? And when PoW II? When change to Pos?
Why not list clearly on OP?
I believe there is tons of links for you to continue reading more. However, its always good to bring in the benefits to light.
The thing is now... 300 XMG is the max rewards... the more miners that jump in, the better our payouts can be..
It's a rare coin, unlike Scrypt we know the destiny... HIGH HASH RATE = WINNER
In this case, everyone is gaining on a similar concept level for purposes that this algo will reach phase 2 - 10 XMG per bock then into PoS-ii
Other clones will follow this, as it brings more miners into the industry.
I think higher difficulty more miners. But I only see 5.00, 5.00, 5.00 and 5.00.
Better payouts?
The idea is once more miners like me and you, like lion, like fart, joe, and like the hundreds of others who are mining or in this community.. have thought to realize, we are very early into the game.. as it will need more new comers to start generating along side the community. This is why I believe we should build up awareness campaigns like those videos I've been working on...
We need to also have positive effects in other threads maybe motivating more people to take a look at the mining potential and lets gradually grow the rewards ..
10 xmg then comes 20 xmg.. then 50 xmg.. then 100..
The goal should be that we can make the different even if the rewards are higher, the adoption phase grows, increasing the value beyond what it is now...
The coin is already listed on a decent exchange.. what was their rate? 0.10 % that is awesome, and its performing well...
now imagine more adoption through word of mouth... this can be very much a benefit to magi community.
Getting listed here so fast is great news:
http://coinmarketcap.com/currencies/magiLook at the charts, magi is beyond under valued between all those coins above it...
I don't see much competition under 'reddcoin' and it still didn't have the solutions magi does.
https://www.youtube.com/watch?v=W71FVD6YWM8