Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 466. (Read 941260 times)

Quote from: Damelon on May 13, 2014, 12:41:03 PM

Jl777 calculated 0.38% per annum currently.

There are at least 2 or 3 forging pools now under development - you 'lease' your balance to the pool, the pool forges and you can get the earnings from the pool operator...

This is a bit like pooled mining vs solo mining, pooled forging will give you some return more frequently, solo forging will give you a return much less often...

Always better to pool unless you have a large stake, just like with PoW you only solo mine if you have terra hashes of mining power.

Look on NXTforum - join one of the pools, great thing is you don't even have to be online once you have set the lease, the account you have leased the NXT to forges on a single computer somewhere....

tbh 1000 NXT is not going to get you much..

CoinsInTheCan

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There will be a BTC and NAS crypto-gateway. The way it works is, you can deposit coins into the escrowed addresses and will receive tokens on the blockchain. You can do whatever you want with those tokens. You can redeem those tokens anytime you want for real coins.

More details can be found here:
https://nxtforum.org/assets-board/%28ann%29-crypto-gateway-gateway-for-btc-nas-escrowcoldstorage-twinwinnerd/

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1 gram of silver sent

Best post of the day Shocked

Moon.

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Quote from: Damelon on May 13, 2014, 12:41:03 PM

New AE promo vid:

https://www.youtube.com/watch?v=0ZtFYEeHk8o&feature=youtu.be
http://vimeo.com/95142616

Distribute as widely as you can!

https://nxtforum.org/nxt-promotion/new-ae-promo-video-by-d13id/

Nice .

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Quote from: TwinWinNerD on May 13, 2014, 01:13:48 PM

Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Quote from: TwinWinNerD on May 13, 2014, 01:13:48 PM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Jl777 calculated 0.38% per annum currently.

That is with a forging pool or big Holdings. The forged blocks with next pos are not proportional distributed. So a 1000 nxt forging will receive less than average

You know, the thing that almost everyone forgets: how much would you mine when you buy $30 worth of mining kit? My estimate: $0 per day/week/month. Perhaps the odd crapcoin, but than you also have to take your electricity in account.

You can lease your coins and that way you can still earn a little something.

bluemeanie1

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bluemeanie

That is with a forging pool or big Holdings. The forged blocks with next pos are not proportional distributed. So a 1000 nxt forging will receive less than average

The official P/E ratings will be available soon with some background on the computation. There are some complex considerations. There is not a strictly linear relationship between asset holdings and returns.

-bm

TwinWinNerD

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Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Jl777 calculated 0.38% per annum currently.

That is with a forging pool or big Holdings. The forged blocks with next pos are not proportional distributed. So a 1000 nxt forging will receive less than average

bluemeanie1

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Activity: 280

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bluemeanie

Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Jl777 calculated 0.38% per annum currently.

LOL that's better than some American Savings Accounts.

https://www.bankofamerica.com/deposits/bank-account-interest-rates.go

-bm

Daedelus

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Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Quote from: Damelon on May 13, 2014, 12:41:03 PM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Jl777 calculated 0.38% per annum currently.

sadface

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New AE promo vid:

https://www.youtube.com/watch?v=0ZtFYEeHk8o&feature=youtu.be
http://vimeo.com/95142616

Distribute as widely as you can!

https://nxtforum.org/nxt-promotion/new-ae-promo-video-by-d13id/

good stuff!

Damelon

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New AE promo vid:

https://www.youtube.com/watch?v=0ZtFYEeHk8o&feature=youtu.be
http://vimeo.com/95142616

Distribute as widely as you can!

https://nxtforum.org/nxt-promotion/new-ae-promo-video-by-d13id/

bluemeanie1

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bluemeanie

how much return does BTC yield? does anyone know? pls post it here.

note: appreciation != yield.

-bm

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☕ NXT-4BTE-8Y4K-CDS2-6TB82

Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Do not worry. His estimates are not accurate.

DLXS

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Thanks, I wasn't posting this in the right section. Will do from now on

tersagun

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Quote from: TwinWinNerD on May 13, 2014, 11:32:42 AM

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

bluemeanie1

sr. member

Activity: 280

Merit: 257

bluemeanie

Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

we are in the process of developing a P/E ratio chart. Should be out soon. I'll post here when it's completed.

-bm

TwinWinNerD

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