"When you are staking and the coins in your wallet you will get rewarded by the network for doing so. The incentive for that is a payment of approx. 0.8% and max 2%. If all of the total coins in the network are staking, the network payment will be 2%. If 50% of all existing coins are in wallets staking the average is 1% per year. Payments are done in small amounts during the day/week.
When you stake on a raspberry pi it will cost you less than 10$/year on electricity.
With IOC value 2,50$ you need to stake 4 ioc a year to break even. So roughly that will come down to staking 500 ioc*1.2% – if you add data fees on top of the reward then you need less than 500. All depending on IOC price, electricity and hardware costs"
did you mean 400 ioc? if yes than math is correct, otherwise i don't get it
4 IOC at 2.50 is what covers the cost of electricity for staking on a Raspberry Pi for a year. As the price rises, less IOC would be needed to negate the electricity cost.
The incentive for that is a payment of approx. 0.8% and max 2%. If all of the total coins in the network are staking, the network payment will be 2%. If 50% of all existing coins are in wallets staking the average is 1% per year.
1% of 4IOC at 2.5$ a year is like 10 cents. that does'nt cover 10$ annual electicity bill