Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Jayjay04
on 08/03/2017, 18:51:49 UTC
Hey Guys,

I'm planning to start local harvesting for educational purposes, but I'd really like to know if you have the minimum required to start it, which is 10k XEM, I would have any influence in the network to stand any chance to harvest something. How can I know that? I'd appreciate technical details about how it is the harvesting workflow and chances attached to an average Joe.

Thanks in advance

White paper contains all of the technical details: https://www.nem.io/NEM_techRef.pdf

100k XEM is recommended, with 10k XEM it will take a lot of time to find a block. Right now there is a lot of empty blocks so harvesting isn't profitable.

How does harvesting work ? Which wallet do I have to use ?