Too many coins being mined and dumped!

The ecosystem model is structured at up to 3usd a month mobile mining and imo it should stay that. They could reduce block reward for asic but it is constantly being reduced. (See thread I’ll post below)

They need asic miners mining the blockchain so it needs to be profitable for the miners to want to mine it. Yes there is a portion of miners who sell to pay for costs/profit. Even at current block rewards at current price it does not take much volume to offset asic mining dumps, daily payout is under 5.9m or around 40kusd. As time goes on more users and more volume/liquidity will help this alongside of block reward reductions by emission curve. Use of Etn will also help. But it is mainly users, user numbers solves it along side with use of Etn. Time is in favor and Electroneum is well on its journey.