Post
Topic
Board Altcoin Discussion
Re: How good is staking coins?
by
redwine49
on 06/04/2022, 13:27:58 UTC
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... Wink
I'm not sure what you are talking about in regards to a doge coin mining farm staking but NEAR, MATIC, and ICP have high returns for staking. I think ICP has up to 40% if you are willing to lock up your coins for 8 years.
Iam also not sure what you are talking about high return. 8 years staking for 40% or 40% each year??
In my opinion it's not high return because 8 years is not a short time, 8 years ago bitcoin price still below 1k$.