Dec 10, 2017 - As I'm planning to run a full 12 GPU Ethreum mining rig, the cost for it would be, if all parts bought at once - $3,880.93. For that money, I could buy 8.21 ETH. Let's see how much ETH a 12 GPU mining rig could theoretically produce in a year: Ethereum calculator for 12 GPU. 14.73 ETH - Now, that already.

Mining won't actually tail off, ever. A constant amount of ETH will be mined forever. But what happens is over time, as more and more ETH are mined, the constant amount mined becomes a smaller and smaller portion of the total amount of existing ETH. The% mined of the total existing amount tends to 0% over time, asymptotically, never actually reaching 0%. Additionally, an equilibrium will eventually be reached when the rate of ETH lost due to bitrot, carelessness, deaths, etc. BridgeCoin BCO Mining Machine.

Equals the rate of new ETH mined. The total number of coins that will be created in the genesis block: X * 1.5 where X equals the total number of ethereum purchased in the IPO phase (1 BTC = 1000 - 2000 ether, depending on when you buy). Every year, 0.4X will be mined. So the supply of ether at the end of Year 1 will be X + 0.5X + 0.4X = 1.9X, at the end of Year 2 it will be 2.3X, or 2.7X for Year 3, and so on. So if all 30,000 BTC are invested in the first week and the IPO closes, you will have: 60,000,000 ether * 1.5 = 90,000,000 ether to start, and an additional 24,000,000 ether mined each year (40% of the 60,000,000 initial ether). On the other hand, if only 1,000 BTC are raised, and they are all raised during the last week of the IPO when 1 BTC = 1,000 ETH, then: 1,000,000 * 1.5 = 1,500,000 ether to start and an additional 400,000 mined each year. It all depends on how much ether is 'created' as a result of the IPO.

The rate of inflation and the initial allocation do not matter nearly as much as the fact that the rate is an immutable value. The reason fiat currencies create so many disasters is that their rate of inflation is in the hands of central planners who don't understand the economy nearly as well as they think they do. So don't be too bothered with the method the devs have chosen for their fundraiser. The developers who invented this thing should be free to name their price. In the long term, Ethereum is going to sink or swim on the merits and adoption of the platform, and nothing else. I'm optimistic but only time will tell.