|
NoxX
|
 |
March 04, 2018, 12:28:27 PM |
|
I believe a balance of 1000 PHR would give you roughly 1 stake every three days. But even then, it is on average, meaning you could easily go a week without any stakes, but you could also get 2 stakes in a single day. Over a long time it would average out to one stake every three days.
Is there any information about inputs optimizing (their size) for better PoS rewards??  The chart at the bottom here shows the average block size for winning POS blocks: https://chainz.cryptoid.info/phr/#!extraction The "ideal" seems to be between 600-800 at the moment. |
|
|
|
|
|
|
"You Asked For Change, We Gave You Coins" -- casascius
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
creeptofarm
Newbie
 Offline
Activity: 42
Merit: 0
|
|
March 04, 2018, 07:09:36 PM |
|
New crypto PoS systems, yes please!
|
|
|
|
|
just_strange32
Member
Offline
Activity: 392
Merit: 10
|
|
March 05, 2018, 02:00:07 AM |
|
I know this has been asked many of times and I know they were focused on rolling out the blockchain but any thoughts or timetable on this being sold on binance or bittrex?
And we hit those exchanges this is going to go up significantly in price
|
|
|
|
|
|
|
|
LordPiccolo
|
|
March 05, 2018, 11:32:25 AM |
|
I think they are creating a database across the whole of crypto. It's a good sign they have included Phore. Coin is still young IMO so getting this type of traction is essential for continue growth. The more we shout across the various social platforms, the more it could help LP |
|
|
|
sung129
Jr. Member
Offline
Activity: 87
Merit: 4
|
|
March 05, 2018, 08:08:52 PM |
|
Official POS Coin POOL check them out Pool Stake Lab current Masternodes: ALQO, SOLARIS, FORCE, PHORE, BITCOIN GREEN, ARION, SMART, MIE. current POS Coins: Aerium, Ember, Hold, Monkey, Mutual, Opc, Steep, Xgox, Dvrs, Dv7 and many more. Website is Pool.stakinglab.io |
|
|
|
|
|
Thereisnospoon
|
|
March 05, 2018, 08:33:24 PM
Last edit: March 05, 2018, 09:24:41 PM by Thereisnospoon |
|
Hi there,anyone knows what is staking rewards for this coin and what is minimum amount to be able to stake?
|
|
|
|
|
LordPiccolo
|
|
March 05, 2018, 10:12:55 PM |
|
Hi there,anyone knows what is staking rewards for this coin and what is minimum amount to be able to stake?
Hey, I believe you can stake 1 coin but you'd struggle to get any rewards. The current staking reward is 2.8 Phore. Various discussions have taken place on the discord channel and it looks like blocks of 600-800 phore is the best size for constant rewards. |
|
|
|
moonshoot
Member
Offline
Activity: 73
Merit: 51
|
|
March 06, 2018, 06:28:51 AM |
|
Hi there,anyone knows what is staking rewards for this coin and what is minimum amount to be able to stake?
Yes you can stake any amount, the frequency of staking rewards is what will change based on how much you stake. 2.8 PHR is given to the staker who mines each block which is every 60 seconds. The ROI will depend on how many coins are being staked over time, which can fluctuate and also will go up or down based on how many masternodes are running, because every additional masternode removes 10,000 PHR from the potential pool of staked coins (it has a separate pool of rewards, currently 4.2 PHR per block). I recently ran through the calculator we have pinned to the #staking channel in Discord and on the website, and if I assume that all possible coins are being staked, removing the current number of masternodes, the annual staking ROI would be about 21%. Of course not all coins will be staked, including potentially those sitting in exchange wallets or in cold storage, so the actual ROI is likely somewhat higher. ======= REMINDER: We have a mandatory wallet and masternode upgrade that needs to be done prior to March 9th (block 250,000). Cryptopia has already upgraded their wallets and all other exchanges that trade Phore have been notified. Staking and masternode rewards could be affected if you have not upgraded your wallet or masternode by then. Instructions are available on our GitHub page for the v1.2.2 release for upgrading both wallets and masternodes. Please stop by our Discord if you need technical support. https://github.com/phoreproject/Phore/releases/tag/v1.2.2 |
▂▂▂▂▂▂▂▂▂ ( P H O R E . i o ) ▂▂▂▂▂▂▂▂▂
Delivering Blockchain Technology To The Real World |
|
|
moonshoot
Member
Offline
Activity: 73
Merit: 51
|
|
March 06, 2018, 06:31:00 AM |
|
I know this has been asked many of times and I know they were focused on rolling out the blockchain but any thoughts or timetable on this being sold on binance or bittrex?
And we hit those exchanges this is going to go up significantly in price
I cannot comment on specifics or timing, but we are having direct communication with exchanges about listing Phore just about every day. |
▂▂▂▂▂▂▂▂▂ ( P H O R E . i o ) ▂▂▂▂▂▂▂▂▂
Delivering Blockchain Technology To The Real World |
|
|
Puntok4
Newbie
Offline
Activity: 3
Merit: 0
|
|
March 06, 2018, 08:46:39 AM |
|
What would be the reward difference compared if i stack 5000PHR rather than 10.000PHR (a full masternod) just 50% less of a masternod, of it would reward more than two different wallets with 5000PHR?
Thanks
|
|
|
|
|
|
LordPiccolo
|
|
March 06, 2018, 08:55:27 AM |
|
What would be the reward difference compared if i stack 5000PHR rather than 10.000PHR (a full masternod) just 50% less of a masternod, of it would reward more than two different wallets with 5000PHR?
Thanks
I have 5k phore staking at the moment on one machine and I get between 1-3 phore blocks a day. I have them split in to blocks of around 600 each and the wallet running all day. There is a calculator on the phore website https://phore.io/information/ click on staking, input your values and let it do it's thing |
|
|
|
Puntok4
Newbie
Offline
Activity: 3
Merit: 0
|
|
March 06, 2018, 09:38:35 AM |
|
What would be the reward difference compared if i stack 5000PHR rather than 10.000PHR (a full masternod) just 50% less of a masternod, of it would reward more than two different wallets with 5000PHR?
Thanks
I have 5k phore staking at the moment on one machine and I get between 1-3 phore blocks a day. I have them split in to blocks of around 600 each and the wallet running all day. There is a calculator on the phore website https://phore.io/information/ click on staking, input your values and let it do it's thing Thank you Man, the calculator says that with 5000 PHR you should be rewarded 5 PHR per day. Why you only receive between 1 to 3? that means that the 37% ROI is not guaranteed right? One last question, what is the need to run a masternod with 10.000PHR if there is no additional reward from just staking? Thanks a lot for your answer.. |
|
|
|
|
|
NoxX
|
|
March 06, 2018, 09:41:45 AM |
|
What would be the reward difference compared if i stack 5000PHR rather than 10.000PHR (a full masternod) just 50% less of a masternod, of it would reward more than two different wallets with 5000PHR?
Thanks
I have 5k phore staking at the moment on one machine and I get between 1-3 phore blocks a day. I have them split in to blocks of around 600 each and the wallet running all day. There is a calculator on the phore website https://phore.io/information/ click on staking, input your values and let it do it's thing Thank you Man, the calculator says that with 5000 PHR you should be rewarded 5 PHR per day. Why you only receive between 1 to 3? that means that the 37% ROI is not guaranteed right? One last question, what is the need to run a masternod with 10.000PHR if there is no additional reward from just staking? Thanks a lot for your answer.. He said 1-3 phore blocks, each one is worth 2.8 PHR, so 1-3 blocks = 2.8 - 8.4 PHR per day, on average 5 PHR seems about right. The % return only works over a long time, in a day, or even a month it could be much more or much less, but over a long time it will average out... |
|
|
|
valterventura
Newbie
Offline
Activity: 14
Merit: 0
|
|
March 06, 2018, 09:45:50 AM |
|
Seems like it should be one of the top priorities in my opinion. Lots of big spenders won't go on sketchy exchanges to buy coins. Get it up on Bittrex, Binance, Bitfinex etc.. and it should do well.
|
|
|
|
|
|
Sam123
|
|
March 06, 2018, 11:14:50 PM |
|
Did anybody try to update the wallet and the masternode. Did you get any issue? Thanks |
|
|
|
|
|
NoxX
|
|
March 07, 2018, 07:24:56 AM |
|
Did anybody try to update the wallet and the masternode. Did you get any issue?
Thanks
I updated both my windows wallet and my Linux wallet running the masternode without any issues. |
|
|
|
|
Sam123
|
|
March 07, 2018, 06:22:01 PM |
|
Did anybody try to update the wallet and the masternode. Did you get any issue?
Thanks
I updated both my windows wallet and my Linux wallet running the masternode without any issues. I updated my windows wallet and masternode (running on VPS) yesterday after the above post without any issue. But I still did not received the 4.2 PHR after 12 hours. Is this normal? I used to receive 4.2 every few hours. Thanks |
|
|
|
|
|
NoxX
|
|
March 07, 2018, 06:24:42 PM |
|
Did anybody try to update the wallet and the masternode. Did you get any issue?
Thanks
I updated both my windows wallet and my Linux wallet running the masternode without any issues. I updated my windows wallet and masternode (running on VPS) yesterday after the above post without any issue. But I still did not received the 4.2 PHR after 12 hours. Is this normal? I used to receive 4.2 every few hours. Thanks I believe it takes 24 hours for a masternode to start generating rewards again after a restart, so yes, that is normal. |
|
|
|
|
