Author

Topic: Did you try Staking coins instead of POW? (Read 200 times)

newbie
Activity: 56
Merit: 0
March 25, 2018, 04:12:02 AM
#13
i stake, but on new coins.
I have Stipend and Era mainly. Stipend is currently holding its own in a over saturated market and seems to have a decent plan and team.
The whole masternode thing i think is buyer beware. i do it with mined coins but wont invest other money into it.
member
Activity: 182
Merit: 11
I hold quite a few PoS and masternode coins. They make a very nice addition to my PoW gains. Nothing like Dash and NEO though.
newbie
Activity: 3
Merit: 0
Here's sort of a dumb question, but from 30,000ft how is PoS different from coins that offer dividends?
jr. member
Activity: 140
Merit: 2
I too worry that many of the staking or MN coins won't get very far, and then all the supposed profits will be dust. But I hold NEO, although I wish they'd called it something besides "gas", and I thought I read that Ada was moving toward some kind of staking model. I do think Ada has a decent shot and it is bigger.
legendary
Activity: 2016
Merit: 1030
Privacy is always important
I wouldn't care for PoS coins which until now it's still below by PoW coins I bought and invest in some PoS coins but actually, I'm not satisfied even my wallet got fully masternode for investing a large amount of bitcoin to buy a large amount of PoS coin.
Staking is not good it takes time before you can stake if you compare the POW coins that you can just mine with hardware then if you go in GPU mining you can resell the GPU to gamers where you can make more profit while mining.

So, I think it is still better to stay in mining because mining altcoin is safe and still profitable you can resell the GPU if ever you don't need it.
Staking coins it takes time before you can generate a small amount of coins and really not profitable. it is just like the same as the bank with 2% interest every year, for me its really small profit than mining.
sr. member
Activity: 661
Merit: 258
You want a POS just because POW isn't profitable now , thats why this technology isn't going any further because the community isn't just like before all we care for now is how much will i get per day per year nothing we care about bitcoin technology security and fun , thats why a we won't get both profit and technology
member
Activity: 462
Merit: 10
Yeap actualy NEO is the high marcet cap coin with staking, holding NEO give you gas as a priveous speaker say about 5-10% a year but the price on gas is mught incrise which gives you additional profit + NEO is good active to hold with a lot of perspective in next several years. I'm holding my NEO on the neo wallet!
sr. member
Activity: 784
Merit: 282
Are there any BIG coins with a high marketcap that has staking? My worry is that the coin  will plummet when i put my money in it  Grin Im looking for a stable PoS coin. Hopefully you can give me some advice? I think the idea is really good.

You could probably take a look at NEO.

Seems to be one of the more stable staking coins, and the simplest too. All you need to do is keep NEO on your wallet then it generates GAS for you. Current yield is around 5% annually. This was at around 10% when i first got into NEO a few months back tho.
jr. member
Activity: 266
Merit: 2
The problem with PoS is that there are basically no good coins with good returns, and the ones with good returns are going to crash in price and have the potential to totally screw you.

You can look at Lux, Diamond, and Neblio. The returns there are decent and they might have good fundamentals.

If you want to go masternode route, there is a ton of garbage, but ZCoin, Alqo, Phore are worth looking into.
sr. member
Activity: 518
Merit: 250
Are there any BIG coins with a high marketcap that has staking? My worry is that the coin  will plummet when i put my money in it  Grin Im looking for a stable PoS coin. Hopefully you can give me some advice? I think the idea is really good.

Yep! Actually, staking coins on their document of tokens that. On that will guide you what to do.
It's seem to be a few step look like:
https://steemit.com/qtum/@cryptominder/qtum-staking-tutorial-using-qtum-qt
https://stratisplatform.com/2017/03/14/staking-stratis-on-a-raspberry-pi/

And staking coins you must at least limitation depend on that coin. You have much you got well. That's it.

Example: https://www.stratispool.com -> try calculate your stake.

I checked your website on expected profits on Stratis. I have 1400USD to invest on this, and by the website calculation i will earn 20 dollars/YEAR  for 1400 dollar. Thats INSANELY bad. It is no way worth the risk. Mining PoW is more profitable than that.
newbie
Activity: 101
Merit: 0
Are there any BIG coins with a high marketcap that has staking? My worry is that the coin  will plummet when i put my money in it  Grin Im looking for a stable PoS coin. Hopefully you can give me some advice? I think the idea is really good.

Yep! Actually, staking coins on their document of tokens that. On that will guide you what to do.
It's seem to be a few step look like:
https://steemit.com/qtum/@cryptominder/qtum-staking-tutorial-using-qtum-qt
https://stratisplatform.com/2017/03/14/staking-stratis-on-a-raspberry-pi/

And staking coins you must at least limitation depend on that coin. You have much you got well. That's it.

Example: https://www.stratispool.com -> try calculate your stake.
sr. member
Activity: 518
Merit: 250
Are there any BIG coins with a high marketcap that has staking? My worry is that the coin  will plummet when i put my money in it  Grin Im looking for a stable PoS coin. Hopefully you can give me some advice? I think the idea is really good.
newbie
Activity: 101
Merit: 0
I thinking about try migrate POW to POS of some coins like Qtum, Stratis...
and ADA is coming soon, i guess.
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