Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sterlingcoin - Current Version 1.4 | Online Wallets | Merchants | Services
by
Sterlingcoin
on 24/12/2014, 23:04:21 UTC
how much should I expect daily from staking 10 000 Sterlingcoins when full pos kicks in?
right now I have staked for over 2 months and have received only a few Sterlingcoins, is it because of the pow blocks?

Take you amount of coins, divide it by 100, multiply by 5.5, divide by 365.

1.506849315068493 Sterlingcoin per day in interest.

(With no disrespect meant, this is simple math that you should work out yourself)

As long as your staking you will receive the 5.5%.

Math Explained:

Total Amount / 100 = 1% of Total Amount
Multiply 1% of Total Amount by 5.5 = 5.5% of Total Amount
Divide 5.5% of Total Amount by 365 Days (1 Year) = Daily PoS Interest Percentage
i was actually more wondering if the pos interest will be 5.5% after pow because for the last 2 months that I have been regularly staking, i've got only 6 Sterlingcoins which is only about 0.37% interest, so is this because of pow? Smiley

This is the wallet with Spencer Lievens that contains 23680.98852834 Sterlingcoin. The transactions shown are just the PoS blocks of interest from today, this wallet is left staking ALL the time:



Everyone we have spoken to gains interest at the same rate roughly as us (at least a few transactions per day) and your the first we have had that has reported this.