More Staking Questions
Ok, so I read on official forum a response that seemed to imply staking could happen anytime between 8 hours and 365 days. So I get that it is a random event somewhere in that time-frame.
Now my question relates to how long do I need to keep my wallet open. I realize no staking will occur if I do not have the wallet open, but say I close it and don't open it for a month, or a year. Will it then have the same chance of staking? So hypothetically, say I don't open my wallet for 365 days, according to my interpretation of that the post I would be guaranteed it to have it stake at that point?
I guess I am just trying to understand if there are any negatives to not keeping the wallet open 24/7.
Thanks
Staking is a reward on securing the network. If you don't secure it you won't get rewarded. You won't gain netweight if you keep your wallet closed.
Closing your wallet from time to time won't reset your chances to stake,
but won't help you either (got corrected here
https://bitcointalk.org/index.php?topic=977245.msg11879255#msg11879255). No one can tell you the exact time to stake because it has a lot of factors calculated in. Staking isn't random, but a lot of things matter like: number of transactions from wallet, number of coins, coinage, etc.
My mobile wallet started staking after a week with several thousand coins, if you only own 100-1000 or a similar smaller amount don't expect to stake in a week. After the first stake it stakes more frequently though.