RE: Automatic Proof of Stake Mining at Btcpop.co Exchange

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Automatic Proof of Stake Mining at Btcpop.co Exchange

in cryptocurrency •  8 years ago 

Interesting, but exactly how much less will I get staking on your exchange verses continued staking in my own wallet? It says your reward was only 6 bitbean when the standard stake for bitbean is 1,000 beans???

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5-15% is the fee.... for staking but you might get more rewards because you are part of a larger staking pool so it almost evens out depending on the coin

Fee is 2%. You get a part of each staking Reward.
Individual you would get 1000 Beans but not as often you get on Btcpop.
Individual Staking Reward = Staked amount*0.98 / All coins on Btcpop * your coins on pop

Okay, thanks. I was wondering exactly how that worked. Might be interesting with the pooled coin method. Perhaps I'll experiment with some coins. : )

Okay, thanks. I was wondering exactly how that worked. Might be interesting with the pooled coin method. Perhaps I'll experiment with some coins. : )