Post
Topic
Board Altcoin Discussion
Re: Staking on Cloud
by
fonenumba
on 01/05/2015, 18:34:23 UTC
Hi, I do not wish to run my personal pc 24/7 for staking purpose. I heard good things about cloud vps. Any recommendations and relevant information?

I see in digitalocean.com the following plans. https://www.digitalocean.com/pricing/

If I want to run 3 wallets 24/7 for staking purpose which plan should I opt? Looks like there is no option for windows :/

thank you.

Configuration depends on your coins.

-If youre staking POS coins like PPC , you dont even need to run your wallet 24/7. Just wait for staking age, open the wallet and wait sync and stake , then close it. Thats it , nothing more.

-If youre staking coins like NXT , NEM. You should know that you must have at least 100k for NXT (adn more for NEM I guess) for solo staking. But in Java coins you can stake your coins at pool without any risks just by leasing. Pools cut a small fee for your share. And again you dont need any VPS. But still if you want to stake those coins, they will need more than 750 MB memory.

-If youre staking coins Blackcoin which refers to POS2,  -I guess- 512 MB ram configuration is enough.

PS: Other posters were more interested in VPS services , but I guess you were asking the configuration needed to work with 3 wallets.

Before deciding to buy a VPS , you may need rethink why you want to stake 24/7.