"minimumstakingthresold" affect in staking rewards

Little Mouse

legendary

Activity: 2254

Merit: 2305

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Thank you for the quick answer. I was able to find and understand the minimum staking threshold but now I got one more question. What's "Stake Split Threshold" is all about? I have been staking for 15 days so far and got a total of 21 blocks but that seems so low. Someone with 1/3rd of my balance got 35 blocks within 10 days. Now, I'm worried about whether I'm doing something wrong or not. Why would I receive cetoo low number of blocks with 3x of his balance and for your info, my inputs are more matured than him.

Quote from: Bitcoin_Arena on July 06, 2021, 01:57:47 PM

Can you please specify which coin you are trying to stake and which platform you are using to stake it.

It's ElonCoin Grin

and I'm using my laptop to stake. My laptop is 24 hours on. However, my internet speed seems to get down sometimes which can be the reason for not getting enough blocks?

Quote from: FP91G on July 07, 2021, 10:55:48 AM

And if the coin does not have this description and the developers of the project want you to send coins to staking, then this can result in losses for you.

Thank you for the advice but I'm staking on my wallet, in my laptop.

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: Little Mouse on July 06, 2021, 09:37:39 AM

What affect does "minimumstakingthresold" refers in staking? I have tried this in different amount and I still couldn’t see any much different in staking rewards. Can someone tell me its affect on saving a higher amount or a smaller amount? Or it has no affect at all?
In case of a bigger amount set, staking reward get splitted into bigger amount. Does it put more weight on my staking?

What coin do you want to use for staking?
Each project has a minimum required number of coins that is required to build a node.
Maybe first you should read the FAQ on the project website?
And if the coin does not have this description and the developers of the project want you to send coins to staking, then this can result in losses for you.

joniboini

legendary

Activity: 2170

Merit: 1789

Some projects that I know of use a LPoS mechanism where extra tokens don't mean extra rewards. But the number of "extra tokens" will change depending on the number of stakers, token staked, etc. I guess it depends on the implementation of each project.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Minimum staking threshold is the minimum amount you can stake in order to be eligible for the staking rewards. Anything below that amount won't get you the rewards. As far as I know, most coins give out rewards according to how much you have staked usually calculated in percentage form.

So someone staking 1000 coins will definitely get more rewards than someone staking 10 coins

Can you please specify which coin you are trying to stake and which platform you are using to stake it.

Little Mouse

legendary

Activity: 2254

Merit: 2305

Marketing Campaign Manager |Telegram ID- @LT_Mouse

What affect does "minimumstakingthresold" refers in staking? I have tried this in different amount and I still couldn’t see any much different in staking rewards. Can someone tell me its affect on saving a higher amount or a smaller amount? Or it has no affect at all?
In case of a bigger amount set, staking reward get splitted into bigger amount. Does it put more weight on my staking?

Topic: "minimumstakingthresold" affect in staking rewards (Read 77 times)