Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Metros on July 04, 2017, 10:20:03 PM



Title: Staking/Minting/Forging/Loaning/etc requirements compare to mining.
Post by: Metros on July 04, 2017, 10:20:03 PM
I know there are specific requirements for mining.

But what about staking through wallet? I know that I need 24/h internet open to "win" a blockchain fee.

But what about the rest of the hardware? the better hw/computer I have, the better chances I got? or is that meaningless.


Title: Re: Staking/Minting/Forging/Loaning/etc requirements compare to mining.
Post by: sinner on July 04, 2017, 11:05:42 PM
can someone explain each of these?  i only have vague understanding of some.. gonna look em up now anyway i guess


Title: Re: Staking/Minting/Forging/Loaning/etc requirements compare to mining.
Post by: Metros on July 05, 2017, 05:35:10 PM
can someone explain each of these?  i only have vague understanding of some.. gonna look em up now anyway i guess

Same boat as you..


Title: Re: Staking/Minting/Forging/Loaning/etc requirements compare to mining.
Post by: minerman121 on July 05, 2017, 05:39:56 PM
I know there are specific requirements for mining.

But what about staking through wallet? I know that I need 24/h internet open to "win" a blockchain fee.

But what about the rest of the hardware? the better hw/computer I have, the better chances I got? or is that meaningless.

Meaningless... Essentially your wallet needs to be open 24/7, with an existing balance in the wallet, up to the amount specified for Staking or Masternode. You would then earn Coins just for having coins on the network. I warn you though, it is significantly low coin generation. Mining on the other hand...