My English is too bad, sorry. I received a POS income, should be neer 20% of their income. I do a screenshot for the purse, but how the BBS posted pictures. I'm not too will.
20%? how? Is that possible?
Can anybody please explain me, why did I receive POS coins for only about a half of my coins. I have all the coins in the wallet for same amount of time and they were all sent to my wallet with a single transaction. I assume that I am soon going to receive the POS for the other coins soon but I am just curious why this happened.
Thanks
Thanks
You should understand this is not a bank, this is mining.
What 10% daily POS interest means is every day new coins are generated in amount of 10% of total coins. These new coins are distributed to all miners participating in POS mining. The distribution is done according to your weight (this is similar to hash rate for POW mining), the weight depends on the number of coins you have and age of these coins. So this does not mean you will be getting exactly 10% interest everyday. For example, if you have small number of coins you may not be getting POS rewards every day because of low weight, but some day your weight will grow (because coin age will grow) and you will get a reward that is bigger than 10%. Similarly, if you have big number of coins you may get several reward payments per day. The average should be 10% daily, but, like in any other mining, luck is also important, you may find blocks more often or less often (lucky coin to get a POS reward is selected randomly among all eligible coins).
Please correct me if I am wrong with anything, I am not an expert in POS yet, just learning
