Hi,
I'm pretty new in PoS.
I found many guides that explain well how to encrypt and unlock the wallet to make the coin eligible for PoS.
But absolutely ZERO say if or when I can close my wallet.
I mean... sometime I have to shutdown my computer ...
How I know when ?
Have I to leave it open 24h/24 ?
If I close my wallet, will my minting lower ?
Is it a good idea to rent a small VPS just for minting ? This way the wallet could be open 24h/24 and maybe optimize the minting process ?
Thanks for your replies
You can close wallet when you want but when you are offlane you wont hit stake (extra coins).
VPS- No way bro. 1% annual is pretty small to stack it all time online do it to secure network in free time.
You need about 700k to get hmm ~20 BC day.
Daily you will get part of that annual stake if you are lucky.
I do POS minig becouse i like get tat 0.05 BC stakes.
But don't be stupid and don't think that more %% = ^^ more income over time POS mined coins drive price down so 1% inflation is optimal to keep price and go up over time when other POW coins loose value.
BC have clones like WC,Blue,cinny,blitz,asia,dynamic,comm coin don't get full your self in long run all we know how clones are usually ends
they will have higher rates
to be diffrent than BC but take note that:
BTC clones - like ZET....
LTC clones - like Mega...
Doge clone - like Flappy...
Aurora clone - like Spa,Maza...
PPC clone - like FTC
Don't live long usually live as long as there is hype for main.
Main keep value while other go down when new next lvl coins arrives
and crypto like new "big coins" and hype becouse this is good opportunity to be rich.