damn i wish bittrex would release my block so can start staking. blocknet has become my top held coin.... just passed maidsafe which i bought over a year ago below .10cents... unbelievable work guys.
As far as i know, Staking is not working at the moment. At least for a few people here. Are there any news regarding this problem?
Could anybody help us? Or give us some informations? Thank you in advance
I have no issues staking. The amount of tokens you have is directly related to the frequency of your rewards.
Yeah, as he said, you need more BLOCK in order to get rewards more frequently. This is because each staked block is a static 0.3 BLOCK reward to stakers, unlike some other proof-of-stake coins. So unless you have a lot of coins, it will take a while to get your first reward.
Example:
Right now according to
https://docs.google.com/spreadsheets/d/1Y8uRsftL_uUcDPPiRvDDxJwI2ftLZq1iPavKaGfrF_c/edit#gid=0, the staking ROI per year is ~14%.
If you have 100 BLOCK, you should get 100 * 0.14 = 14 BLOCK in stake rewards per year.
(365 days / 14 BLOCK) * (0.3 BLOCK / Stake Reward) = 7.8 days / Stake Reward on average.
Note that this 7.8 days is not constant; it is just on average. You may get lucky and find two blocks within minutes of each other or get unlucky and not find any block for a while.
@EnViRoNmEnT: you mentioned you waited 2 days and didn't get anything. According to the above calculation, you need to be staking at least 400 BLOCK to get your first 0.3 BLOCK stake reward after about 2 days.