Quote from: parat8t9 on August 24, 2017, 08:32:51 PM

Quote from: yogibaer on August 24, 2017, 06:51:42 PM

Quote from: parat8t9 on August 24, 2017, 04:34:30 PM

Quote from: yogibaer on August 24, 2017, 09:55:24 AM

Quote from: eLNoXX on August 24, 2017, 09:46:19 AM

Man i wish cloak would go up above 150k again :/

Also a question, 0.5% monthly that means lets say you own 200 cloak: 200/100= 2 / 2 = 1 cloak a month?

correct! only switch on your wallet once a month and wait until the 200 cloak staked. after it is confirmed (after 60 bocks) send your 201 Cloak to another addres in your wallet. wait one month and then you stake 201 Cloak.

stake and repeat!

So is it recommended to send coins to different address every month to maximize staking or should coins be held in a single wallet address and left alone? I don't understand the benefit of moving it around.

After each time you stake the coins are split into 2 halfs. example: 1000 split into 504 and 506 if you staked 10 coins. after a while these amount stake again and split into 2 halfs each. That means the fractions are becoming smaller and smaller and have less weight. If you stake once or maximum twice and put your coins back into 1 block on another address in your wallet the whole amount will stake again and faster coz it will have a higher weight. I hope you understood what I wanted to say.

Yes this makes sense. So is there a way to tell if coins have been staked? I do get a lot of minted coins even though I've kept them in the wallet for several months. Am I confusing minting and staking? Aren't they the same thing?

minting/staking is the same. maybe then you've got many small fractions. combine all of your coins into 1 address. you can check your adresses with coin control features activated. there you see how many splits you have and how old each of them is.