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Author Topic: Staking/Minting/Forging/Loaning/etc requirements compare to mining.  (Read 264 times)
Metros (OP)
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July 04, 2017, 10:20:03 PM
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I know there are specific requirements for mining.

But what about staking through wallet? I know that I need 24/h internet open to "win" a blockchain fee.

But what about the rest of the hardware? the better hw/computer I have, the better chances I got? or is that meaningless.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 04, 2017, 11:05:42 PM
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can someone explain each of these?  i only have vague understanding of some.. gonna look em up now anyway i guess
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July 05, 2017, 05:35:10 PM
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can someone explain each of these?  i only have vague understanding of some.. gonna look em up now anyway i guess

Same boat as you..
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July 05, 2017, 05:39:56 PM
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I know there are specific requirements for mining.

But what about staking through wallet? I know that I need 24/h internet open to "win" a blockchain fee.

But what about the rest of the hardware? the better hw/computer I have, the better chances I got? or is that meaningless.

Meaningless... Essentially your wallet needs to be open 24/7, with an existing balance in the wallet, up to the amount specified for Staking or Masternode. You would then earn Coins just for having coins on the network. I warn you though, it is significantly low coin generation. Mining on the other hand...
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