Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sterlingcoin - Current Version 1.4 | Online Wallets | Merchants | Services
by
loszhor
on 28/12/2014, 23:21:21 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

I get 5.5% interest on my coins. You should also get that if you keept your wallet open for staking. You should again check network and wallet because PoS is 5.5% just now.  

Keep in mind that to proof of stake well you also have to keep in mind the size of the blocks of coins within your wallet as well as the PoS difficulty. A block of 100 coins would have a better chance of staking than 10 blocks of 10 coins depending on the PoS difficulty. Turn on coin control in the options settings and make sure the coin blocks within your wallet are a reasonable size. I try to keep mine between 1000 - 2000 in size.
thanks, made the blocks around 2000 each and let it stake overnight, but all of the 12 blocks i mined over the nigh were conflicted?

What do you mean conflicted?

He/She means conflicted transaction on the PoS interest payment. Do not worry, just means you will get the interest in another block Wink

I think I understand, they meant they weren't getting the amount that they expected, yes?