Hello,
I was wondering if anyone knows if there is a minimum amount of xxxcoin you have to have in your wallet before it starts staking? I wanted to split my balance between 2 wallets, just to be a little safer, but did a test amount first of 894 coins. It's been in there for 3 days now and still no minting/staking credit. I have double checked and made sure it is unlocked. Any ideas?
Thanks and Have a Good Day!
Hi always happy to help; From my knowledge minimum staking time is 3 days don't know about the max. (I will get a answer on this) As for the balance I don't believe there is a minimum for the amount of coins you put in your wallet. Bigger wallet bigger interest. Smaller wallet smaller interest..
This is a nice article to read;
http://bitcoinmagazine.com/6528/Someone else posted this:
is staking automatic?
Yes but its better to spread big block in small block i think the sweet spot must be between 250 to 500 this make the network more secure and more quick and with small batch of coin you get mined stack more often but more small.
I wrote this on a other thread;
Staking is like a lottery. Just give it time and the staking will happen. If you give it enough time the amount you should earn levels out on 5% annually. This could mean in short term that the numbers don't add up (this could be more or less then the average 5%.)
Look at it as poker. You can calculate the % but that doesn't mean the cards you need do always come on the flop, turn or river. Also you can get AA back to back. Unlikely, but possible! In the long run these % level out just like in staking!
