You are viewing a single comment's thread from:

RE: Quantitative Analysis of Staking Times in Gridcoin V8 - Live at Block 1010000 with v3.6.0.2

in #gridcoin7 years ago

To be honest. When I replied I thought I understood the mechanism. Now I got confused. I thought I understood that coins mined only get transferred to your wallet when you stake. Since a lower balance results in less staking I made the previous conclusion.

To put it in another extreme way. Suppose you have an empty wallet. Will you then stake? And if not. Are the mined coins lost?

Sort:  

You were right, you only get rewarded (PoS or PoR) when you stake a block, and you do need funds to stake.

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.035
BTC 90928.46
ETH 3207.56
USDT 1.00
SBD 2.81