Who want to sell me 1M @ 2?

Ok, thanks...
But I still don't get it that what's the stake % will I receive until block 360k kicks in???
Can anyone here who have BALLS please let me know how many coins do they have and what stake weight do they possess against "how much" network weight, and how much do stake in "%" do they get daily???
I only wish to know the average so that I may decide whether I should go for Balls or not...

Time to bounce

1 sat in Poloniex

It's hard to give you precise answers when you take my words and paraphrase them badly. But I think you have mostly understood what I was trying to tell you.

The minimum block reward is 1 CLAM, and the process is effectively random. So I'm not saying you'll earn 1 CLAM per day, but your expectation is in that ballpark.


Your balance is always made up of some finite number of unspent transaction outputs. Those outputs stake independently. When an output stakes, its value increases by 1 CLAM (plus any tx fees) and then can't stake again for 8 hours (500 blocks). So if all your balance is in a single output, your whole balance is tied up for 8 hours each time it stakes. If you have the client set to split your outputs when they stake, then your whole balance will still be tied up for 8 hours after it stakes the first time, but after that you'll have lots of separate small outputs staking independently. When any one of those outputs stakes, only that output will be tied up for 8 hours. The rest will continue trying to stake.

The advantage to keeping your coins in relatively few large outputs:

* you can spend large (in CLAMs) amounts without creating large (in bytes) transactions; if you have a thousand 0.001 CLAM outputs and try to spend them all at once, the transaction size will probably exceed the network limit
* you can check your outputs for staking opportunities relatively quickly; JD used to have close to 100,000 separate outputs in its wallet; it takes quite a while to check them all every 16 seconds to see if they can stake or not; I have since recombined the smallest outputs so now most outputs are in the 10 to 20 CLAM range instead of all being 4 CLAMs.


4 hours since last transaction; 500 blocks since last stake

From what I understand from you, is that the reward is about 0.25 percent per day but as an average of 1 clam is calculated at a higher number of days. I mean ... I'll get CLAM Average 1 per day, but by calculating the average over several days not just one day. So you wanted to tell me through the above?

Staking has a large element of luck to it.

If you're asking "exactly how many CLAM will I stake per day if I have 400 CLAM?" then I can't tell you, other than "it depends how lucky you are; you'll average a little over 1 CLAM per day (1 for 400 CLAMs per day), but it could take a week for your first stake if you're unlucky".

Every 16 seconds all the outputs in your wallet get a chance of staking. An sha256 hash is done of a bunch of things, including the time (rounded down to a multiple of 16 seconds since the epoch), and some unique properties of each output. If the hash is lower than the current target times the value of the output, you get to stake the next block. In that respect it's like Bitcoin mining - you can buy the fastest ASIC there is and still not mine any blocks if you're unlucky. Or you can mine on your CPU and find a block very quickly if you have amazing luck.

Or did I misunderstand your question?

The reward is "1 CLAM plus transaction fees" each time you stake a block.

All you need to do is leave your wallet online, and if it is password protected, make sure you have unlocked it for staking. If it isn't password protected, just leave it running.

Coins will only stake if they haven't been involved in a transaction in the last 4 hours, so don't move them around if you don't need to. And after staking, they can't stake again for 500 blocks (which takes about 8 hours).

I would recommend adding

splitsize=5

to your clam.conf file. It's in the same folder as your clam wallet.dat. If it doesn't exist, you can make it, add that line, and restart the client. It will arrange for your 400 CLAMs to be split into 80 separate outputs of size 5 when they first stake. That's good because otherwise you need to wait 8 hours every time you stake.

If you have about 380 CLAM you can expect to stake one block per day on average right now. Some days you won't stake any; other days you'll stake 2 or 3 blocks.

If you have less, you can expect to stake less often. Your chance of staking is proportional to the amount of CLAM in your wallet.

The difficulty goes up over time as the number of CLAMs trying to stake keeps increasing, so soon you'll need 400 CLAM to expect to stake once per day.

You stack clam, you don't mine them because the coin is proof of stake. To stake, you need to have your clams in your clam client and be connected or be invested in the just-dice bankroll or in a clam pool.

To mine claim, what should I do. I downloaded waletul and now it sync. How to minting Proof of stake clams? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

It usually takes me a day to sync a new client. Speed it up by downloading the bootstrap file to your data folder(the same place that clams.conf is located). Shut your client down, download the bootstrap from: https://s3.amazonaws.com/dooglus/bootstrap.dat, then restart your client.

I am new here, I've had so far claim wallet, I want to mine stake, but fail to sync my wallet. I created clams.conf, I loaded OP Listed nodes, but does not work. Please help me step by step. Sorry for my poor english. Thanks.