Possible to stake the same coins on 2 different computers?

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: ledsgo on May 22, 2019, 12:52:31 AM

Hi, I have this interesting question about stacking,

Technically speaking, do I have more chance of getting a block reward if I stacke the same coins on 2 different computers (I restored my wallet on the second computer) located in 2 different countries?

I am running two nodes so I am contributing more to the network but since I stacke the same coin, does the network just ignore that?

Thank you!

I don't think staking same coin on different wallet is going to give you double result, so I don't see any reason why you would want to do that, unless you are saying whether you can use 2 different computers to stake different coins then that would actually be more reasonable, it is best for you to just make use of one computer for your staking since the reward you would receive would not differ when you also make use of 1, though it is good that you asked the question so that you will be aware on how it works.

iGotSpots

legendary

Activity: 2548

Merit: 1054

CPU Web Mining 🕸️ on webmining.io

The difference would be negligible, especially since you will orphan yourself without consistent rescans due to immature coins trying to hit blocks. Chances are you would actually stake for less as power will be wasted generating said orphans making the whole process trivial

Could you do it? Yes
Should you do it? No

Nadziratel

sr. member

Activity: 1568

Merit: 321

★777Coin.com★ Fun BTC Casino!

I think you should ask this question in the mining section. So you can reach a more reliable and fast solution.

lobcmt2

full member

Activity: 462

Merit: 155

Quote from: ledsgo on May 22, 2019, 02:05:47 AM

Thanks for your very elaborate answer lobcmt2.

Staking...noted

You are always welcome, but it will be better if you spend a couple of seconds to edit your topic title and the OP (changing stacking to staking). Changing "Possible to stacke the same coins on 2 different computers?" to "Possible to stake the same coins on 2 different computers?"; and

Quote from: ledsgo on May 22, 2019, 12:52:31 AM

Hi, I have this interesting question about stacking,

Technically speaking, do I have more chance of getting a block reward if I stacke the same coins on 2 different computers (I restored my wallet on the second computer) located in 2 different countries?

I am running two nodes so I am contributing more to the network but since I stacke the same coin, does the network just ignore that?

to

Quote from: ledsgo on May 22, 2019, 12:52:31 AM

Hi, I have this interesting question about staking,

Technically speaking, do I have more chance of getting a block reward if I stake the same coins on 2 different computers (I restored my wallet on the second computer) located in 2 different countries?

I am running two nodes so I am contributing more to the network but since I stake the same coin, does the network just ignore that?

ledsgo

member

Activity: 93

Merit: 11

Thanks for your very elaborate answer lobcmt2.

Staking...noted

lobcmt2

full member

Activity: 462

Merit: 155

Quote from: ledsgo on May 22, 2019, 12:52:31 AM

Hi, I have this interesting question about stacking,

Technically speaking, do I have more chance of getting a block reward if I stacke the same coins on 2 different computers (I restored my wallet on the second computer) located in 2 different countries?

I am running two nodes so I am contributing more to the network but since I stacke the same coin, does the network just ignore that?

Firstly, it is a typo, when you wrote stacking. It should be staking.
Secondly, you should point out clearer that you want to stake your coins or simply use them to run masternodes.
Thirdly, the answer is you can stake your coins on different computers. However, you have to use two addresses to stake your coins on two computers. If you want to stake your coins on three computers, you need to split your funds into three parts, then send them into three addresses, at which you will stake them.
To get better staking effectiveness for each of your address, you should split your coins into small chunks, with this command in console window of your wallet:

Code:

setstakesplitthreshold NumberofCoinsForEachChunk

After set the stake split threshold, you can check it with the following command (in the Console window)

Code:

getstakesplitthreshold

Important! Please remember don't split your coins into so many chunks with too small number of coins, because this approach will dramatically reduce your staking-effectivness.

ledsgo

member

Activity: 93

Merit: 11

Hi, I have this interesting question about staking,

Technically speaking, do I have more chance of getting a block reward if I stake the same coins on 2 different computers (I restored my wallet on the second computer) located in 2 different countries?

I am running two nodes so I am contributing more to the network but since I stake the same coin, does the network just ignore that?

Thank you!

Topic: Possible to stake the same coins on 2 different computers? (Read 183 times)