Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 181. (Read 782475 times)

Echoing DRPD, the MN stats page gives you the expected reward rates right now, but of course you aren't paid right now; you're paid continuously into the future. So yes, your calculations are theoretically correct, but your actual payout will vary. As far as I know, there's no guaranteed payout frequency from staking, insofar as it's a random process based on stake weight, but it does seem to be around 1/day from 10K coins.

All else being equal there are usually more expenses in running a MN vs. staking, unless you're hosting a single MN locally. On the other hand, the payout is (usually) larger. As the number of MNs increases, their advantage decreases, so perhaps the best strategy, if you have 30K PIVX, is to have two MNs and another 10K staking, or one and 20K, just to ride both sides of the seesaw. Then again, the number of MNs does change; for example when the price goes up a bit, some people sell and the number of MNs goes down temporarily, making MNs more profitable again. So far in PIVX's history, MNs have always averaged higher returns than staking despite occasional periods like we're in right now where MN and stake rewards are basically the same. Of course, this might change as PIVX continues to grow.

For my own part I have nearly all my PIVX in MNs, but a big part of that is that it costs me 2 PIVX to host a MN for a month, and one MN makes almost 3x that in a single day. If it cost more to host, or if I had free power at home, the equation might change.

happy staking/noding fellow

Nobody knows. I think it won't be too long.

Any idea when PIVX will be available for trade on Poloniex?

The current "PIVX Masternode Payments Information V1" on http://178.254.23.111/~pub/DN/DN_Info.html says following:

Reward from last Block for Miners/Stakers: 6.62 PIV
Reward from last Block for Masternodes: 6.88 PIV

1. If I Stake 30k PIV on 1 normal Wallet, can I then expect to get daily 19.86 (3*6.62) PIV?
2. If I have 3 Masternodes, can I then expect to get daily 20.64 (3*6.88) PIV?
3. With which method (staking/masternode) is the chance higher to get the above stated rewards?

Thanks for your help!

buy/sell PIVX direct for Euro @ https://anycoindirect.eu

friendly reminder:

next reward/inflation reduction (to 10 PIVX/ -33%): 10.9 days
last  reward/inflation reduction (to 5 PIVX/ -66%): 40.9 days

you can't mine pivx directly. you can earn coins with staking/masternoding

you can mine other coins and get pivx for it on  https://prohashing.com

Cheers

PIVX Stake Guide on YT
https://www.youtube.com/watch?v=XyIItTCTlZA

or forks from the multiple wallet updates we had awhile back, I lost enough for 3 masternodes on that deal. So make back ups of your back ups on an external HD, just in case because losing most of your stash sucks.

Can I pay someone a bit to give me step by step instructions to mine PIVX

I have intel i7 cpu & nvidia gpu's

I do feel somehow "poor" now after checking out the "PIVX Richlist" at: http://www.presstab.pw/phpexplorer/PIVX/richlist.php

What amount do you consider as a: BIG / MIDDLE / SMALL PIVX staking amount?

While you're poking around in there, and perhaps you already know about this:

Once in a while, if I start-alias a masternode via the wallet GUI, it returns a 'can't start MN; invalid IP' error message that includes the MN's priv key (I don't remember the exact wording of the message, sorry). Once it throws the error, it keeps returning the same thing for that specific MN as long as I'm using the GUI. However...if I go into the console and enter masternode start-alias MNname PW for the same MN, it starts perfectly. Not a big deal, but maybe something to keep in mind if you're still squishing bugs. I'm guessing it's something about the GUI specifically, since it works perfectly from the console. Also, it's not always the same MN that throws the error; it seems random each time it happens.

This is on Win10 with v2.1.6.

what does "start obfuscation" do?  and whats the purpose of it?  is it related to staking?

From what I have figured out it is a failure of the database metadata to update, which is caused by an improper shut down procedure.

you right...the wallet did not shutdown correctly...and was working fine with multiple opening and closing sessions over the last week or so.

just had a small power interruption and the whole pc SHUTOFF

re downloading the block chain and then will replace the wallet.dat with my back up.


I also noticed, there are wallet backups in a folder inside the roaming folder, is this normal, pivx creates its own wallet backups?

How long it takes to receive a reward depends on how many coins you're staking. If you have ~10K you should get a stake ~1/day. More often with more, less often with fewer. If you have ~1K it's likely to be more around 1 stake/week.

The error rebuilding database thing is common when the wallet hasn't shut down properly. I've never had it if I manually shut down the wallet and waited for everything to close. Regarding solutions, yes, you have to rebuild the database as others have mentioned, and yes, the devs are very much aware and are working to fix the issue.

It is something that we have been working on fixing, and have fixed most cases of this happening for the upcoming wallet release.

it have to be in the folder
youruser/appdata/roaming/pivx

delete everything except wallet.dat and than restart it

doing just that...

is this something common?

delete everything except the wallet.dat and start the wallet again..you need to sync from 0