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RE: How to switch to staking as investor (PoS) only? And why? e.g. mag unit is low at the moment

in #gridcoin7 years ago

Hey there,

To switch to Investor mode : POS 100%, how much coins do you require to stake once by day ?

The button to switch is a good idea. Basically, everything that makes life easier to everyone should be included =).

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You would need hundreds of thousands - I am not kidding.

The reason researchers stake a lot more often is that your research output (your magnitude) greatly reduced your stake time by increasing your chance to stake.

There are very, very few investors with balances high enough to stake every day through POS.

A few weeks ago you needed a few thousand. Difficulty has risen a lot since then. If I had an investor/CPID button i could test this out so easily! xD

POS 100%, how much coins do you require to stake once by day

I don't think a few thousand has ever been enough to stake once per day purely by POS...

In Investor mode, currently a balance of 58609 GRC is required to stake roughly once per week. You will need 2279 GRC to stake once in 6 months, on average.

Source: grcgo.com

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