Do I have to wait a certain time period before my coins stake?
thats the correct block
Yes staking is random and can take up to 30days
So staking begins randomly anywhere from 8hours to 30days. Does it matter how many coins I have whether I have 100 or 10,000 coins?
I've already updated wallet to 1.33 and is unlocked. When I highlight the minting lcon, it says that I'm minting, but stake is still 0.00.
yes, randomly from 8hrs up to 30days. i am pretty sure (but i don't know exactly) that it matters in a way how many coins you own. I think that because if it didn't matter then i couldn't understand what the "weight" should tell me. and you are not allowed to move coins around different wallets/exchanges if you want them to stake. if moving around then you reset the "staking-timer".
example:
-you have got 100000coins (100k)
-you don't move them around
-stake interest is 3.3%/year
-that means you get 3300coins/year if you leave them staking in your wallet
- that means 275/month roughly
Yes the amount of owned coins matters when staking. The more you have the easier you get a stake. Just like difficulty in pow.
Thanks. That's what's puzzling me. I should have enough XC coins to stake quickly if the weight is put into consideration. The last date that I've transferred coin out was on 5/28.