Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
Pon13
on 07/06/2019, 05:45:48 UTC
With the price going down at the moment we can expect the staking difficulty to rise even further up. Even with 6k Veils, it's getting harder to get a stake every 3-7 days.

Please excuse my ignorance. Is it possible to do PoS mining with just 6,000 Veil? I thought that for doing that you need to have a minimum of 10,000 Veil in your wallet. Anyway, the decrease in mining reward is good news for people like me. That means that the supply of coins is reduced and the exchange rates may rise due to the scarcity.

you can stake 10, 100, 1000, 10k stacks of veil.

If this is true, then I will try my luck with PoS mining this weekend. I have somewhere around 120 Veil in my wallet and although the chances of getting a reward is very low, I want to try mining just for fun. In my laptop I have a few other altcoin wallets and I do PoS mining for these coins simultaneously. Just hope that Veil mining will not cause any incompatibility.

Then you stake 100 + 10 + 10 or 12 x 10