Hi guys. Can someone help me out plz. I was mining dmd when it got out in 2014 but traded it on crypots and dont have any more.
Id like to get back in this coin as it looks promising, it is still around and it looks like it has a nice community and developers.
my questions are. How do i stake this coin...do i have to have my pc on all the time for it to start minting.
Also i see there is bit more than 1mil coins in circulation..does it min if i stake i stake at 50% anually.
Is there any clod wallet offering staking. Any other suggestions are wellcome also.
Ty all in advance. Im so sorry now i got rid of my coins i had allot of them :-P
welcome back nskendrovic!
if u open wallet once or twice a month for 2 days in minting mode
thats enought for small/medium DMD owners (below 10000 DMD) to claim their POS rewards
from bigger stakeholder i think it should be minimum support of the coin to try have a 24/7 staking wallet active
ur coins are part of network protection use it this way!
we formed in the past the biggest staking wallet called the reactor
with contributed coins of DMD Cloudmining shareholders (borrowed for 12 months)
but join reactor with ur coins make only sence if u also own DMD cloudmining shares
because the staking of reactor is paid out towards the cloudmining shareholder
even if DMD cloudmining is if u look on it alone slow ROI its still a invest once and earn forever product this way even 2 years ROI timeframe should not scare u
i still suggest it to be part of a DMD investment plan because it give u POS² and support constant buy pressure on DMD market which stabilize prices
NO Electricity Bills
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NO Heat
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NO Complicated technology
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Join DMD Cloudmining
-> EARN DMD EACH DAY!
YES!
(additional DMD Cloudmining shares qualify for DMD Reactor payouts!
Visit us: cloudmining.bit.diamonds
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I suggest split it as follows:
a) 50% on buying Diamonds directly
b) 50% in Diamond Cloud Mining.
This way I could achieve both maximizing the profit and stabilizing the coin.
Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 50% PoS interest.
Some would call that Double PoS or simply PoS² (Proof of Shares and Proof of Stake).Step by Step guide buy shares:
Register ur wallet at dmd cloudmining website
activate the settings area
activate the convert to shares option in settings
send btc towards ur linked BTC address
u get them converted into DMD Cloudmining shares
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