Bitcoin Forum

I bought some blackcoin and started staking. The wallet keeps switching from I should get a reward in 2 or 3 days. It's been over a week and nothing. I don't get it. 1 percent isn't very impressive but I was wondering how it is or if it is compounded. Now I'm wondering if it exists at all. Can anybody explain how blackcoin staking pays out?

With nxt I leased my balance to a forging pool and the return so far is nxt to nothing. Anybody know how or if this 1 percent is compounded?

Do all pos coins payout only if your lucky? I don't get it.

In my very limited experience staking proof-of-stake coins (NXT and Reddcoin) neither one of them provided any returns. You need large amounts to receive anything or it's not worth it IMO.

How large a stake before returns are more likely? Is it random, luck? I just want to understand how these work. Thought trying it would be best and hate to just give up on it.

NEM's PoI is a fairer alternative to PoS, comes out in March.

The rewards are so small that it doesn't matter. If you don't have many coins you'll earn a dollar in a year or something. And if you have many coins then it doesn't matter if you get a few more anyway.

The only incentive to stake is to support the network.

Just trade the coins around smartly = 10x the profit of PoS.

Unless you gather many many weak coins early on in PoS and it's one of the 100s of cryptos that actually break out significantly.

It is nxt forging calculator. Based on this calculator, 10000 nxt could yield 0.05 nxt in 24 hours!
https://www.mynxt.info/forging_calculator.php
But if you stake solely with a few thousand of nxt, you probably get nothing in 24 hours!

12 days and change left for that.  Don't hold your breath.

When I tried it out I was only forging with less than 100 NXT. Iniatially the ETA for forged coins was a few hours, quickly turned to days, then years so I turned it off.

No it doesn´t worth it. It is only cents...

I found it's not worth it unless you own loads to start with.

In Nxt, everyone gets about 0.5% a year over the long term. Even the whales only got ~$65 in an entire year of forging.


Forging was never designed to make you a millionaire, precisely to avoid the centralisation of bitcoin. A coin has to survive on its own merits and not because it continues to enrich a few (if you think $65 a year is enriching the few then maybe you should close the laptop and spend some time in the real world for a while).

Forging takes 2-3% of systems resources more than your computer just idling so you forge because you want the coins you hold to have value in the future. Mining mentalities need not apply.

Staking coins is not worth it.
You will use up more of your computer power and the amount of coins you get is very little.

With NXT you are better off buying an Asset that pays dividends. The return will be much higher than staking.

Get some Mintcoin

You don't need a lot and the payout is higher.

I've minted from a balance of only 1000 coins before with mintcoin and it pays 15% APR currently.

With only 15 million coins (worth about 2 BTC), I'm minting about 187,000 MINT every month...seems to be worth it. And it compounds so u get more and more, as you mint more.

 :)

Here is a wallet example on YouTube http://youtu.be/g04yHPY6Xik

Mintcoin have got a lot of potential. we hold Mintcoin in our wallet and earn up to 15% for this year, 10% the second and 5% Interest every year thereafter as a reward for securing the network.

You aren't comparing like for like. The OP is interested low/no inflation cryptos. If you're happy with your stake being inflated away at 15% then why not 30% or 300%? The only thing that changes is the time it takes for you to become poor.

Hey Guys. I found this guide for top altcoin staking. I think you should check it out.
http://topstaking.com/
http://topstaking.com/wp-content/uploads/2018/08/Blackcoin.png