View this post on Hive: Mini Guide: First steps with Ark
Mini Guide: First steps with Ark
6 years ago by jarunik (62)
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Mini Guide: First steps with Ark
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Nice toturial about Ark delegate proof of stakes and voting , my questions is if I have 500 Arks on my wallet and I vote for a delegate that shares 95 percent of its rewards how much will my 500 Ark earn me per month @jarunik
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Each delegates roughly forges 420 Ark per day. Thus you can calculate your weight with the delegate. 500 Ark / Total Votes of the delegate. Now you can multiply it out 420x0.95xyour-weight. You will roughly get 1 Ark every 10 days. There are also calculators which give an indication: http://calculator.reconnico.com/ But you should also check the delegates proposal and website.
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You do not have to stay online with your account to get the profit share.
This has been such an important factor in staking ARK for me. I have tried POS coins in the past and living in a rural area internet is not 100% 24/7. With ARK vote for a delegate and the delegate takes care of the rest.
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My question is with 500 Arks how many ark can I earn in a month, by voting for a delegate that shares 95 % profit rewards
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Calculate it here to get a rough indication: http://calculator.reconnico.com/ It fluctuates quiet a bit based on all voter movement but good enough as a general rule of thumb.
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Do you know if Ark will be setting up a way to buy directly with fiat instead of having to purchase BTC and using an exchange?
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They are looking into it and there is already the options to directly buy with fiat through changely and other services like that. I just don't like the fees they charge. But I know that the team is very interested to get a direct fiat to ark conversion with low fees. I guess it will happen sooner or later but I have no insight into these kind of partnership discussion of the team.
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Yea I agree, Changely charges a bit too much. I'm sure it will happen in the future where you can buy Ark directly, but will have to wait for now. Thanks for the answer.
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.reddit.com/r/ArkEcosystem/comments/6b556q/mini_guide_first_steps_with_ark/
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