In NEM harvesting is the act of forming blocks (mining/forging). A harvester must have at least 10,000 vested XEM in his/her account and be running a booted and synchronized node. Once a block is formed by that harvester, a new block is added to the chain and all the fees collected from that block will be delivered to the harvester’s account.
NEM has additionally enabled a feature called delegated harvesting. This is when a person is able to request other people to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.
why would someone want to use delegated harvesting? I would not let someone use my hardware to mine coins and I dont get paid...? How does this work?
NEM has additionally enabled a feature called delegated harvesting. This is when a person is able to request other people to form blocks and process fees for them, but done in a safe and secure way so that a person’s funds are not ever locked up, and fees are always given directly to the person that activated delegated harvesting, not the person that was harvesting for them.
why would someone want to use delegated harvesting? I would not let someone use my hardware to mine coins and I dont get paid...? How does this work?
Delegated harvesting is;
Using your own balance to harvest at an external node.
YOU get the payouts.
That's the beauty of it.
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