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RE: Quantitative Analysis of Staking Times in Gridcoin V8 - Live at Block 1010000 with v3.6.0.2

in #gridcoin • 9 years ago

To be honest. When I replied I thought I understood the mechanism. Now I got confused. I thought I understood that coins mined only get transferred to your wallet when you stake. Since a lower balance results in less staking I made the previous conclusion.

To put it in another extreme way. Suppose you have an empty wallet. Will you then stake? And if not. Are the mined coins lost?

9 years ago in #gridcoin by
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     9 years ago 

    You were right, you only get rewarded (PoS or PoR) when you stake a block, and you do need funds to stake.

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