Post
Topic
Board Announcements (Altcoins)
Re: [PHR] PHORE BLOCKCHAIN - Private Decentralized Marketplace & Ecosystem. POS/MN.
by
paploo
on 31/03/2018, 14:20:02 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 ?

Or you can buy a raspberry pi and run the wallet on there. It's cheap and has a low electric consumption. Way more worth it that an EC2 instance in my opinion. 

This is a good solution, thanks.