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Topic
Board Announcements (Altcoins)
Re: 🔄🔄🔄🔄 ―――― ▲ MOIN ――― 2 Years On, Still Going Strong! ――― 🔄🔄🔄🔄
by
vella85
on 20/01/2018, 23:46:11 UTC
Bought a few hundreds of MOIN, but not sure if this amount enough for pos stacking. Can somebody tell me how much do i need for staking?

I can try and help answer this, a few hundred won't earn you a stake for a long time unless you get lucky. I highly recommend you try and get at least 1k+ MOIN to stake as that amount should earn you a couple of stakes a week. If you want a daily stake then 2k should be the right amount, remember it all depends on the network weight at the time of staking so if you can, try and leave your computer staking as long as possible. At least 12 hours or even better 24/7 as you'll earn a lot more rewards.

based on the above questions/answer from northa/vella85, I made some tests about the required size of moin balance for good staking results.
On 15th Jan 2018 23:42, I filled addresses with the following balances: 100/200/500/1000/2000/5000.

Now, after roughly 4 days and 12 hours, I have the balances below (The wallet was running nearly 24/7 in this period):
100 -> 100 = 0 staking rewards, 0%
200 -> 200 = 0 staking rewards, 0%
500 -> 503 = 2 staking rewards, +0.6%
1000 -> 1006 = 4 staking rewards, +0.6%
2000 -> 2009 = 6 staking rewards, +0.45%
5000 -> 5018 = 12 staking rewards, +0.36%

So I wouldn't try to stake coins with less than 500 MOIN balance on it.

In the long run, the percentage earnings from staking should align to each other.
I will continue to monitor the balances and report again here in a few weeks.



Thanks for the report mate as this will help newbies getting into staking MOIN. Like I say to people who ask me about staking, its all about trying different blocks of coins to stake and see which works best. That is why I recommend people getting into MOIN and want to stake that 1k be the minimum to stake as they will at least get a few stakes weekly. The more someone has the better but sometimes people can't afford too much so even 500 is good going by your report to get a couple of stakes. I'll be interested to see the report in a few weeks from now.