Decred PoS mining - Dcrstats Stakepool

[Dcrstats]

Updated on May 2018:

Previously this was a thread of Dcrstats Evolution platform. And this platform was successfully closed in February 2018.

All users are welcome to use Dcrstats Stakepool directly from your Decrediton wallet:
https://stakepool.dcrstats.com/

The stake pool doesn't have access to your funds, you only delegate your voting rights to the pool (so you can shutdown your local wallet), this is 100% safe and your coins stay locked in your wallet.

Questions: info@dcrstats.com

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[Flomess]

Great project, thanks. Maybe it's time to put my DCR back in tickets 
As i understand, this is an automatization of the DCR PoS process where the site takes care of buying the tickets and keeping the wallet actively stacking, so the funds will be still locked until my tickets get extracted, am i correct?

If i invest during the BETA-test registration i'll still keep my DCR funds but they will be staked asap, right?

[saw1991]

Cool news, i invest. Decred developers are actively working  

[hummabun]

This is so late. But coming in the right time. I expect DCR projects earlier this year when DCR is launched.

[Dcrstats]

Great project, thanks. Maybe it's time to put my DCR back in tickets  
As i understand, this is an automatization of the DCR PoS process where the site takes care of buying the tickets and keeping the wallet actively stacking, so the funds will be still locked until my tickets get extracted, am i correct?

If i invest during the BETA-test registration i'll still keep my DCR funds but they will be staked asap, right?

Yes, exactly. This is automatization of the Proof-of-Stake mining in Decred. You can deposit some DCR and the service will start buying tickets for you (you can set the max price, fee etc).
This is a regular Decred PoS, so you will be able to withdraw only spendable coins (which are not locked in tickets). Due to nature of PoS in Decred funds may be locked up to 5 months (because the selection process is pseudo-random).
Here you can read more info about PoS in Decred:

• https://docs.decred.org/mining/proof-of-stake/
• https://forum.decred.org/threads/understanding-of-proof-of-stake.180/

Yes, it is not an ico or whatever else. All your invested DCR funds will stay yours forever, but they will be invested in tickets asap.

[szachta]

Why did not you stake?

[notsofast]

didn't have an opportunity and technical skills (or time) to start staking with their coins.

Literally me. I tried it, didn't work, ran out of time. I will look into this service for sure.

[Praxis]

I knew this had to come sooner or later!
Great execution. This is gonna take off

[klarki]

Maybe take off. I am glad that the development work is carried out)

[Praxis]

Reddit thread:

https://www.reddit.com/r/CryptoCurrency/comments/5dpjdy/evolution_fund_easy_access_to_proofofstake_mining/?st=ivoevu2j&sh=da9b2bde

[Dcrstats]

Reddit thread:

https://www.reddit.com/r/CryptoCurrency/comments/5dpjdy/evolution_fund_easy_access_to_proofofstake_mining/?st=ivoevu2j&sh=da9b2bde

Thank you for the help, Praxis! I'm really appreciate this.
Meanwhile, the service is buying some tickets already. I will share first numbers with you very soon.
Results are impressive!

[Dcrstats]

Good news again
Yesterday platform successfully purchased the first bunch of 371 tickets / 27.41 DCR each.
More than 10,000 DCR is already locked in tickets and first miners will start receiving profit already in next 24 hours.

Of course, all the profit of BETA testers will be counted as their deposit as well. (eg: you invested 1000 DCR on 16 Nov and you mined in this platform + 20 DCR during the beta test. So, your total investment is ~ 1000 + 20 = 1020 DCR.

[Praxis]

Nice, the fund rose by 2000DCR from last time I checked. It's rising quite fast.

[Penttikuisma]

Promising service indeed.

[CjMapope]

o right on. i have been WAITING for a service like this.

All i have wanted is just to be able to mine to an address then put tht DCR into a stake pool, but with the pubkey need of the (previous?/others) system, alas, i could not :/

already throwing in my DCR, woot thx for doing this!

[nagatraju]

Interesting project. I am following.

[GreekBitcoin]

I sent some coins there but i dont see any options or any stats. Will it PoS mine by itself or?

[Dcrstats]

I sent some coins there but i dont see any options or any stats. Will it PoS mine by itself or?

Yes, the service is still in early beta, so right now there is only one option of auto PoS-mining.
But very soon there will be much more. Already on Tuesday I will deploy a big update with your mining stats and custom strategies.

There will be 3 different options:

• auto-mining using pool strategy (you have do nothing at all) - is live and enabled by default
• auto-mining using your own configurations (you have to set max ticket price, max transaction fee etc) - November 22
• manual purchase, if you want to buy ticket right now - November 30

[Dcrstats]

Deposit page has been updated.
Now you can see your total, spendable and locked balance.
Before it was spendable only.

There is still a little issue with the pending balance for voted tickets. If you have some voted ticket with the funds, which should be unlocked after 256 blocks, you cannot yet see it neither as spendable, nor as locked. I'm trying to find the best solution how to display also these pending coins.

Please let me know if something is wrong or if you have any questions.

PS: we have purchased already almost 1000 tickets. Your personal stats are coming very soon

[piebeyb]

a good idea for a project, I need to look into your site, it may be going back to a question