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Author Topic: What is going on with my staking?  (Read 71 times)
marimanga (OP)
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December 27, 2020, 07:18:33 PM
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I'm staking for almost 3-4 months a coin Equihash 100% PoS not very popular and i earn 60k-70k every day (24h) with market value it's worth 10 USD but sometimes something happens and i earn 500 Coin a day and i had to wait almost 1 months to get back to earn everyday 60k, this is weird. It's like the whole blockchain is resetting and starting from the scratch.

Block reward is 100 Coin and i earn every 2-3 minutes but god... this sucks now i earn 500 Coin a day...
adaseb
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December 27, 2020, 07:33:21 PM
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I'm staking for almost 3-4 months a coin Equihash 100% PoS not very popular and i earn 60k-70k every day (24h) with market value it's worth 10 USD but sometimes something happens and i earn 500 Coin a day and i had to wait almost 1 months to get back to earn everyday 60k, this is weird. It's like the whole blockchain is resetting and starting from the scratch.

Block reward is 100 Coin and i earn every 2-3 minutes but god... this sucks now i earn 500 Coin a day...

POS coins just like POW have a constant supply. Most likely what happened was the price went up and more people started to stake it or they staked larger amounts and there is less of a cut for everybody else. This is pretty much called difficulty. The supply of a coin needs to be capped.

This is why back in 2009, Satoshi was the only one mining BTC and he received 100% of the daily rewards and now since BTC is expensive, there are millions of miners out there each getting a small slice of the pie.

Which coin is this exactly?
marimanga (OP)
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December 27, 2020, 07:39:31 PM
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I'm staking for almost 3-4 months a coin Equihash 100% PoS not very popular and i earn 60k-70k every day (24h) with market value it's worth 10 USD but sometimes something happens and i earn 500 Coin a day and i had to wait almost 1 months to get back to earn everyday 60k, this is weird. It's like the whole blockchain is resetting and starting from the scratch.

Block reward is 100 Coin and i earn every 2-3 minutes but god... this sucks now i earn 500 Coin a day...

POS coins just like POW have a constant supply. Most likely what happened was the price went up and more people started to stake it or they staked larger amounts and there is less of a cut for everybody else. This is pretty much called difficulty. The supply of a coin needs to be capped.

This is why back in 2009, Satoshi was the only one mining BTC and he received 100% of the daily rewards and now since BTC is expensive, there are millions of miners out there each getting a small slice of the pie.

Which coin is this exactly?

Very helpful information buddy thank you and i appreciate your response.

If i run a node will it be more profitable than staking?
I have made another topic regarding nodes, if you can help me out with that it would be awesome.

https://bitcointalk.org/index.php?topic=5304253.msg55951843#msg55951843
adaseb
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December 28, 2020, 05:13:51 AM
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I don't know much about that coin. I don't know if they have "Masternodes" like Monero or regular nodes. Basically to be a "Masternode" you need to keep a large amount of the coin on your computer and you get paid to run the masternode. This is what people do in Monero because these Masternodes are doing the mixing.

If its a regular node, like a bitcoin node or ethereum node, you don't get paid anything to do that. People that run nodes do it to just secure the network and make it more decentralized. Only way to make money with a coin is either by mining like bitcoin/ethereum, staking, running masternodes or by purchasing the coins directly thru ICO or exchange.

Let me know if this helps.
Gunday_07
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December 28, 2020, 07:04:02 AM
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I'm staking for almost 3-4 months a coin Equihash 100% PoS not very popular and i earn 60k-70k every day (24h) with market value it's worth 10 USD but sometimes something happens and i earn 500 Coin a day and i had to wait almost 1 months to get back to earn everyday 60k, this is weird. It's like the whole blockchain is resetting and starting from the scratch.

Block reward is 100 Coin and i earn every 2-3 minutes but god... this sucks now i earn 500 Coin a day...
It's simple, the higher the stakers the less your rewards will be, it's all about the pool allocation that's going to be shared among all the stakers, this is also very familiar with how proof of work algorithm works when mining coins, you get that now?

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