Question about staking

Resolved

Started by Leander 3 years ago · 2 replies · 3645 views
3 years ago

**Considering all the prerequisites, how long does it take to receive the first reward?

Does the amount of PIV influence this time interval? Example: Do 1 PIV or 10000 PIV have the same time to receive the first reward?**

Thank you for listening! I'm Brazilian and I hope to be able to contribute to the community!

(I'm testing with 100 piv, I followed Jeffrey's tutorial, but I'm using mypivxwallet and running Core 24/7. It already has more than 72 hours and more than 4,000 confirmations. Being that it is the second attempt, because the first one took 4 days and I thought there was something wrong and I redid the procedures.)

last edited 02/02/24 by Leander
3 years ago

Hey @Leander

Cold staking through MPW is a great and simple choice. Once your transaction has 600 confirmations it becomes eligible for staking. Now with a balance of 100 PIVX patience will come into play. You may be lucky and stake in 1-3 days but its more likely to be much longer than 3 days considering a staking input of 500 PIVX can maybe get a reward in 2-3 days. Keep in mind this is all randomised and even a single PIV staking may get a staking reward.

You mentioned you are running the core wallet too? Did you send your funds to the MPW wallet and initiate cold staking from there?

👍 2
3 years ago

The pivx core is running 24/7, I believe everything is ok:
Image1.jpeg

funds are offline in MPW (y)

I'll wait a few more days,
thanks for replying!

👍 1

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