Looking for a back-of-an-envelope calculation for for transaction fees I should expect from a 1 million NXT stake.
This would give me a 0.1% chance of 'mining' each block. The stats don't make much sense to me:
http://87.230.14.1/nxt/nxt.cgi?action=40If the blocks per day is 806, and the average fee per block is 0.09NXT, then that would yield a daily fee of around .07NXT/day, which sounds too small to be right (for a 1 million NXT stake).
If the average generated fees per day is 9000NXT, then surely a .01% stake would net me 9NXT per day, which also sounds too low. I guess it's not too low if the currency become more value, but proof of work gives benefit to early adopters, whereas I guess proof of stake does not.
Am I reading this right?
