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Author Topic: What's the minimum amount of NXT needed to FORGE?  (Read 1350 times)
maranello1561
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March 01, 2014, 12:36:24 AM
 #1

So I'm thinking of trying out NXT. If something it hated this much and antagonize so many people, it must be worth checking at least. My question is how much NXT do I need to actually forge in a reasonable amount of time (say with the app running for 24-48 hours)

Please no "NXT is a scam reply". I'm not living under a rock, I already know all those. What I'm looking is a mathematical answer based on the current forging difficulty and assumptions therein for future forging.

Thanks
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wakasaki808
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March 01, 2014, 01:09:04 AM
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100k or so to forge every 5-10 days ish. Don't view forging the same as mining. If you want somewhat consistent returns on NXT go to Nxtio.org which is a forging pool that forges somewhat consistently (1-2 NXT a day which i spread between the amount of investors). There is no forging difficulty in NXT like other coins.

Forging helps secure the network. Just like mining secures a network for any Bitcoin-like alt.
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March 03, 2014, 10:47:36 AM
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go to Nxtio.org which is a forging pool
Keep in mind that due to the nature of the proof-of-stake, this is much more risky than a pow-pool: here you have to actually hand your NXT to the pool, hoping it won't run nor be hacked.

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