Post
Topic
Board Announcements (Altcoins)
Re: [PHR] PHORE BLOCKCHAIN - Private Decentralized Marketplace & Ecosystem. POS/MN.
by
codemanX
on 29/03/2018, 15:01:53 UTC
A question about staking. Is it possible to stake less than 500 coins on an aws EC2 server?


Yes it's possible, however I don't think you need a VPS for that, just stake from your local wallet. I wouldn't expect more than  2-3 stake per month ( 2.8 PHR per stake ) with 500 coins, so you'd at least save the cost of the EC2 instance.



that would mean I'll need my wallet running on a machine 24/7? Does Andorid Wallet qualify ?

Yes, for staking you will need a wallet running 24/7 and it have to be at least "unlocked for staking only". You will help securing the network while you are staking.
You can't stake with Android.