Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
Wayan_Pedjeng
on 07/06/2019, 13:41:49 UTC
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.
Small numbers of coins will give you very low competitive ability to find blocks, hence very low rewards from staking. Moreover, staking via laptop and multiple-coin staking, I don't think you should do this, because your laptop might be fastly destroyed. Using VPS service is better option, with only $5 per month or even lower cost if you choose to pay per quarter or longer period. Personally, even you have mining rigs, you should also not stake your coins on rigs, instead VPS is always better option for stakers or masternode holders.

My laptop is quite old and I may need to discard it sometime soon. So mining 2-3 hours a day, just for fun isn't going to cause any harm, I guess. Hiring VPS is a good option. But with just 100 coins, the mining reward is going to be much lower than $5 per month. I am trying to increase the size of my holdings. Once that is done, I'll consider getting a VPS service.