Quote from: brian_nguyen on Today at 04:06:18 PM

Quote from: minerja on Today at 03:59:39 PM

Quote from: brian_nguyen on Today at 03:56:54 PM

Quote from: minerja on Today at 03:50:18 PM

Quote from: brian_nguyen on Today at 03:41:45 PM

Quote from: minerja on Today at 03:32:45 PM

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6) Is there any point in any of us actually mining when these are peoples STAKING rewards....(bearing in mind when the hashrate is below 10H/s and i am mining @ 20-30H/s and only get say 500-600 coins a day - most days is more like 200-300 coins)
https://chainz.cryptoid.info/cache/block.dws?422732.htm (486.353279 CACHE )
https://chainz.cryptoid.info/cache/block.dws?422716.htm (35,164.533266 CACHE

Look at that last stake 35000 coins in 1 day, thats like 30-40 days mining.

For me, 1st thing 1st....can you confirm i am on the correct chain (what is the seed node)
Then can you please look at the reward system....it seems to me it doesnt much matter if i mine with 5H/s or 50H/s i get virtually same random blocks....which is nuts, mining all day when wallet is locked for 60% of time seems very UN-enviromentally friendly, and the STAKING, well hows about higher interest rates for small pots and less for larger pots, at least just for a while to try and even out the "RICHLIST"
The 35000 coins STAKER has acheived that value ruffly each day this week, so thats heading towards 6 months worth of mining in 4 days....makes mining this coin completely pointless.

Also, if 1 miner is getting 35000coins+ a day, i can only imagine what will happen to the price if they dump them.....

Hope you have some good ideas cos this is about the only original coin still going...

J

That is just the block of coins that staked. Whomever had that 35,000 coins only generated 0.871 CACHE for that transaction.

0.0 CACHE
Generation + Fees
Included in following transaction(s)
0.871052 CACHE

OK, happy to put my hand up and say i'm wrong, but thats even more confusing so 35000 coins only gets a stale of 0.87 coins, yet the few 1000 coins when it finally does stake gets me more like 10-20 coins....so confusing...

It depends on the age of the coins as well I believe, so if you wait 10 days and unlock your wallet then you get more than a 35K coin block that is constantly stake and it's looking that way.

So, rather than mine in 1 wallet and then send them to my staking wallet, you seem to be suggesting i will be better just mining and staking from the same wallet?

That wasn't what I implied, if you're sending the coins to a staking wallet then it will help keeping the new wallet.dat small. You probably get the same stake amount regardless.

No idea what you were trying to explain then, sorry.