Hey Bitmasterx.
I really need your help.
It looks like I am doing something wrong. Its been more than a month that I started minting. its still hasnt given any reward yet. I put 100k coins into my wallet and I divided them into 3 pieces. One with 17k coins and it has 505k weght (32 days old), secong 34k coins and its current weight is 672k (20 days old) and the third consists of 51k coins with 740k weight (14 days old). my total weight is around 2000000 now. What does it depend on? I just wanna know what kind of formula is used to compute the time or day when it actually will start minting. I went to that link that u posted earlier (presstab), but all those numbers show the network and stake return info that doesnt make any sense to me. And I already got that the more you have the more you make. But I gotta deal with coins that I have. In this particular coin I decided to get in after reading some articles and I believe its got some perspective in the near future but I just dont wanna invest any further until I understand the exact formula.
Thanks
A good way to approach this is to keep in mind that with HYP, it is a competition. So, for example having 3 blocks of 17k coins vs someone else with 100 blocks. Every day there are 960 stake rewards that people compete to win those rewards. So someone with 100 blocks will have 100 more chances vs your 3 blocks with 3 chances. There is no one formula that works for everyone as the dynamics are constantly changing as more people come in or as people change their strategies.
The good news is patience is also an important part of the strategy as well as the block size and how you arrange those blocks. Those with more coins will certainly have more options to test whatever strategy they come up with to see what works best for them, However, small amounts of coins are a bit more limited and this is where the discipline of patience comes in. Think long term when forming your strategy. If you're looking for something to happen overnight you'll be in for a disappointment. When your coin stakes, it may be a good idea to split some them to give you more blocks. Size also matters so it's somewhat of balancing act. You get better with experience and the wallet gets better with age, but also keep in mind that splitting your coins also reset the time for those blocks.
In addition to staking, trading is another strategy that can yield decent results, but trading may not be for everyone.
Video tutorial:
https://www.crypto-city.com/index.php/video/play/440/hyperstake-getting-started-with-staking/
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