Quote from: lilszi on February 24, 2020, 12:18:46 PM

Quote from: minerja on February 24, 2020, 10:19:21 AM

Dont bother trying to stake this coin.
I have "staked" 1000 coins for over a month now, and got ZERO returns...completely pointless.
Unlike normal staking where you simply fget a fixed percentage, you have to "WIN" a block to get a share, and unless you have 1000's of coins , no chance.
You may have more luck in the various "staking pools" who knows

You realize that your 1000 coins staking are against nearly 50 million coins other may stake.
It's just like mining, where if you have a low hash power you have less chance to mine a block. Hence why people are using pools instead of solo mining.

I have personally seen VRSC stakes with less than 5 coins. Of course that won't happen daily or even monthly.

If individuals have more than 50 million coins, then this coin isnt even worth mining....
It cost roughly $350-450 a week to mine 10,000 coins or about $800
So to mine 50,000,000 coins, would cost around $1,750,000 and take 35,000 weeks, or 675 years.

I have only ever seen the official block explorer, so i have no idea what the top 100 balances are, perhaps you could post a link please.
Also, using Verus wallet 6.4, with my 1000 coins in theory i should get 0.4 VRSC a day ($0.04), or 146VRSC a year ($13.25), but that means someone holding 50,000,000 VRSC would in theory stake 17.28k VRSC a day ($1.56k USD) or 6.31M VRSC ($570.44k USD).
Now i'm pretty sure that no one is earning those kind of figures, therefore, i stand by my original comment. At the moment i think it is pointless staking (unless you have spend $1000's on mining and have a MASSIVE balance)
I'd be interested to see what stake value they got for 5 coins...
Like i say my 1000 coins has netted ZERO in 1 month....perhaps i have just been really unlucky....but if its not making money why bother doing it? Huh

https://ibb.co/jG70HZ6
https://ibb.co/C0dQDxw