Post
Topic
Board Announcements (Altcoins)
Re: ★[ANN]★[GHC] Ghostcoin ☢ Win COD: Ghost! ☢ 4 Exchanges ☢ Fast ☢ POW/POS Hybrid ☢
by
mindfox
on 08/04/2014, 09:00:10 UTC
So I've been minting for 8 days now, and I'm earning just about the same amount per stake and the same number of stakes per day as I was on the second day.  Anyone know why that could be?  I was mining constantly this entire time, and the number of stakeable coins should be increasing by 5-8k per day.  Is it just because everyone else is increasing at the same rate?  I only get 1-1.5 coins per stake... which works out to less than 100 a day.
Why do you say that your stakeable coins should be increasing by 5-8k per day?
The interest is calculated yearly, not on every stake. You get a fraction of the yearly interest so that your wallet will create blocks to confirm transactions.
Remember what I said: PoS as a replacement for PoW. Blockchain needs blocks for transactions approval and confirmation.
Maybe I didn't explain things well in my post?