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Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 466. (Read 941285 times)

sr. member
Activity: 952
Merit: 253

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..
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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/
hero member
Activity: 910
Merit: 1000
https://nxtforum.org/nxt-promotion/new-ae-promo-video-by-d13id/msg20634/

Quote from: bitcoinpaul
Quote from: anon136
1 gram of silver sent

Best post of the day Shocked

Moon.
sr. member
Activity: 338
Merit: 250
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.
sr. member
Activity: 280
Merit: 257
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
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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
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

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
hero member
Activity: 574
Merit: 500
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.
sr. member
Activity: 280
Merit: 257
bluemeanie
how much return does BTC yield?  does anyone know?  pls post it here.

note: appreciation != yield.

-bm
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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.
member
Activity: 88
Merit: 10
Thanks, I wasn't posting this in the right section. Will do from now on Smiley
sr. member
Activity: 280
Merit: 250
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
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
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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
sr. member
Activity: 280
Merit: 250
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.
sr. member
Activity: 280
Merit: 257
bluemeanie

Is this cool?

@all

100 k bounty from ideenfrische to the one putting the Nxt sticker to the posted position (naked & screaming loud).




that would be unbelievably epic.

-bm
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