@Presstab
This may be a stupid question, but
does the 480 max stakes a day also apply to the situation when someone holds for lets say 90 days and then stakes based on the % interest. As of now, the most I can get to stake in 1 day is 8 stakes regardless of amount of blocks etc.
right now I have over 3% of the network weight on my wallet and climbing, my wallet estimates that staking should occur within 1 hour, which yes I know is a guess based on the luck of staking.
just trying to fine tune my wallet..
Keep up the Excellent Work!!
"Network weight" is an estimate, and its a bit of a stupid one at that. Its really just based on difficulty and the speed of the blocks. To get an actual network weight we would need to do some more advanced block chain analytics.
XRA diff has gone up quite a bit, and with only 480 a day it can be hard to get as many stakes as you might like.
It might be a good strategy to use some larger blocks and age them a bit to work your way up the brackets.
This had 143k XRA and took 14 days to stake, getting 185 minted. If it would have waited two more days it would have bumped up into the higher bracket and minted 317 XRA. The question to figure out is whether you could have spit that block up and staked a min reward 3 times within that period to get more reward. At the moment it might be more profitable to do that, but as diff continues to grow and lots of outputs with lots of stake weight continue to age, I predict large blocks grabbing higher rates will be the most profitable.
This is why I have also
created a long term address that I am not going to actively stake. I will at least wait 128 days, if not 256.