About staking

Troubleshooting
1

Hey there. I know there are several topics about this, though I still see my problem a bit different… or… God knows, probably I just need to wait more…

Well, the point is, I own 800K RDD and to this date, I received a stake only once - and that was on 13th December. My wallet is open ALWAYS when I use computer, which is good 6 hours a day or even more. When I point my cursor at the staking arrow, there’s expected reward few days or 1 day or so. I also did send my 800K RDD in one piece on my wallet in one transaction - heard it’s better to have all the RDD in one stake.

Any idea? Should I just wait more? Heard some people get RDD stakes several times a day…
Thanks!

2

Imro Are you using the Reddwallet or Qt Wallet? I started off using Reddwallet, but it was a bit funky and I wasn’t getting any stakes (the time would go from like 1 day to 355 days with the same wallet amt) So I switched over to the QT and it seems like all is working correctly… I was able to get a stake in 2 days with around 1M RDD

3

I’m using the Qt

4

Imro Ok Staking I am using the same wallet as you and my wallet is open and staking 24 hours a day for the last 2 days…so far my staking results are Jan 20, 2015 9:22:08 AM Ɍ4,280.04551563 ฿0.00042800 $0.09142177 626
Jan 20, 2015 3:02:02 AM Ɍ2,139.38537293 ฿0.00021394 $0.04569727 1009
Jan 20, 2015 1:22:59 AM Ɍ6,623.70014934 ฿0.00066237 $0.14148224 0
Jan 19, 2015 4:10:59 PM Ɍ5,271.53151497 ฿0.00052715 $0.11259991 1704
Jan 18, 2015 10:00:45 PM Ɍ1,539.89723720 ฿0.00015399 $0.03289220 2729
Jan 18, 2015 5:07:29 PM Ɍ3,208.08091346 ฿0.00032081 $0.06852461 3031
Jan 18, 2015 1:48:20 PM Ɍ2,545.52151746 ฿0.00025455 $0.05437234 3244
Jan 17, 2015 11:42:23 PM Ɍ2,861.37971899 ฿0.00028614 $0.06111907 4063
Jan 17, 2015 6:47:06 PM Ɍ1,853.37930390 ฿0.00018534 $0.03958818 4361
Jan 15, 2015 3:51:08 AM Ɍ1,390.01199286 ฿0.00013900 $0.02969066 8087

The one you see with 0 is not confirmed…my network weight an wallet has been optimised like yours and I have 32m +/- staking so although it might say 1 per hour…I have only been getting 2 times a day but overall it will work out the same in the end

5

800K is not a crazy amount to be staking with, i would except you to stake once or twice a month. 15M will probably get you staking at least once a day.

1 Like
6

Thanks guys, didn’t realize I need that much to stake more often :open_mouth:

7

Imro I think it’s been said POSV 2.0 will bring even larger rewards for small stakers, so you can wait for the release or just invest in some more Redd!

https://www.reddcoin.com/social-x-architecture-of-a-decentralised-system-for-social-payment-and-service/

8

You should only receive about 40,000 per year at 5% interest on 800k. That will come with time if you are patient and leave your client open.

9

Imro from my Reddcoin Rocks page

AverageTime until Stake
3 hours, 19 minutes and 42 seconds

Last reward
13 hours, 33 minutes and 5 seconds ago
Progress
407% of estimate

10

Now I’m a bit insecure… put all my addresses into reddcoin.rocks and only one address there shows any balance - 20K RDD. Though I’ve got 800K.

11

I wonder what is the % guys ?
i men 0.2 % daily ?

12

gohan
Actually i believe the daily percentage rate would be about 0.01369%
i.e 5% / 365days

13

gohan The minimum is 5% annually but in fact you can earn up to 15% more by keeping your wallet open unlocked and staking 24/7 versus just staking every 14 days or so. This is from the WIKI…the incentive to keep your wallet active is there.