Mini Guide: First steps with Ark
View this post on Hive: Mini Guide: First steps with Ark
6 years ago in #arkecosystem by jarunik (62)
$1.19
- Past Payouts $1.19, 0.00 TRX
- - Author $1.18, 0.00 TRX
- - Curators $0.01, 0.00 TRX
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
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.
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.
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
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.
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?
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.
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.
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/
@jarunik more articles will be?