Example:
Right now according to https://docs.google.com/spreadsheets/d/1Y8uRsftL_uUcDPPiRvDDxJwI2ftLZq1iPavKaGfrF_c/edit#gid=0, the staking ROI per year is ~14%.
If you have 100 BLOCK, you should get 100 * 0.14 = 14 BLOCK in stake rewards per year.
(365 days / 14 BLOCK) * (0.3 BLOCK / Stake Reward) = 7.8 days / Stake Reward on average.
Note that this 7.8 days is not constant; it is just on average. You may get lucky and find two blocks within minutes of each other or get unlucky and not find any block for a while.
@EnViRoNmEnT: you mentioned you waited 2 days and didn't get anything. According to the above calculation, you need to be staking at least 400 BLOCK to get your first 0.3 BLOCK stake reward after about 2 days.
Forgive me if it has already been covered (probably 100 times already), but I can't find out how to start staking?Right now according to https://docs.google.com/spreadsheets/d/1Y8uRsftL_uUcDPPiRvDDxJwI2ftLZq1iPavKaGfrF_c/edit#gid=0, the staking ROI per year is ~14%.
If you have 100 BLOCK, you should get 100 * 0.14 = 14 BLOCK in stake rewards per year.
(365 days / 14 BLOCK) * (0.3 BLOCK / Stake Reward) = 7.8 days / Stake Reward on average.
Note that this 7.8 days is not constant; it is just on average. You may get lucky and find two blocks within minutes of each other or get unlucky and not find any block for a while.
@EnViRoNmEnT: you mentioned you waited 2 days and didn't get anything. According to the above calculation, you need to be staking at least 400 BLOCK to get your first 0.3 BLOCK stake reward after about 2 days.
I have BLOCK's in my Bittrex account, how do I start staking?
Thanks in advance!
Need to have it in your own local wallet unlocked to stake... or if you have 5k set up a service node.
Hopefully the mess is all fixed up now so no more staking issue or hacks.
I hope they have not dropped the ball on this project because this should be up there with ark and komodo.
They are working hard but they lack of advertisment so they should work on that also,it seems its more important than tech itself sometimes.
The team will definitely ramp up marketing once the UI is ready to be released. They said it will be a bigger marketing effort than initially planned.
are there people solo staking on wallet with less than 100 BLOCK?
as far as I checked on the blockchain all the top 500 wallet have at least >1,200 BLOCK
is it worth to stake solo if you have just a small amount?
It's still a % per year basis. So, even with 100 block for example, you should still get about 12 blocks a year in staking reward. I have had 0.7 input that staked 0.3, but I don't expect it will get another one in a LONG time. Mostly just random distribution.
thx a lot!
Blocknet survived after bittrex delisted, which makes me happy, i am blocknet small investors, I hope after XC's down, Blocknet will be a new great project, I trust the team very much.
actually. bittrex didn't delist BLOCK
https://bittrex.com/Market/Index?MarketName=BTC-block
you probably mean poloniex delist, right?
