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Airdrop 21 Valid Participant List
https://forum.staker.network/index.php/topic,965.0.html

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Author Topic: STR Token Mining  (Read 2229 times)

OneSilverXP

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Re: STR Token Mining
« Reply #135 on: October 31, 2018, 02:32:47 PM »

10000 STR | 3 times in a month (10 days period)

1st mint income : 10000 * (10/360) * 0,77 =  213,88888888 STR
2nd mint you have 10000 + 213,88888888 = 10213,88888888 STR * (10/360) * 0,77 = 218.46373457 STR
3rd mint you have 10213,88888888 + 218.46373457 = 10432.3526233 STR * (10/360) * 0,77 = 223.13643111 STR
---------------
TOTAL :  10432.3526233 + 223.13643111 = 10655.4890544


10000 STR | 1 times in a month (30 days period)
10000 * (30/360) * 0,77 += 10641.66666666 STR

Only 14 STR (much lower than gas price)

That's very clear !
Thanks for the explanation !
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cammie16

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Re: STR Token Mining
« Reply #136 on: October 31, 2018, 03:13:04 PM »

10000 STR | 3 times in a month (10 days period)

1st mint income : 10000 * (10/360) * 0,77 =  213,88888888 STR
2nd mint you have 10000 + 213,88888888 = 10213,88888888 STR * (10/360) * 0,77 = 218.46373457 STR
3rd mint you have 10213,88888888 + 218.46373457 = 10432.3526233 STR * (10/360) * 0,77 = 223.13643111 STR
---------------
TOTAL :  10432.3526233 + 223.13643111 = 10655.4890544


10000 STR | 1 times in a month (30 days period)
10000 * (30/360) * 0,77 += 10641.66666666 STR

Only 14 STR (much lower than gas price)

That's very clear !
Thanks for the explanation !

Yeah, nice presentation and computation. I am minting my tokens once a month, So I will gonna use this to be able to get more str tokens. This thread is really helpful to all of us.
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teststake

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Re: STR Token Mining
« Reply #137 on: October 31, 2018, 03:53:28 PM »

10000 STR | 3 times in a month (10 days period)

1st mint income : 10000 * (10/360) * 0,77 =  213,88888888 STR
2nd mint you have 10000 + 213,88888888 = 10213,88888888 STR * (10/360) * 0,77 = 218.46373457 STR
3rd mint you have 10213,88888888 + 218.46373457 = 10432.3526233 STR * (10/360) * 0,77 = 223.13643111 STR
---------------
TOTAL :  10432.3526233 + 223.13643111 = 10655.4890544


10000 STR | 1 times in a month (30 days period)
10000 * (30/360) * 0,77 += 10641.66666666 STR

Only 14 STR (much lower than gas price)


It looks good to mint every 30 days period.

But I think I will still need to keep watching the cost (gas price). If the gas price is too high when it reaches 30 days, I should wait and mint later. I will only mint when the gas price is reasonably low.
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dablat

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Re: STR Token Mining
« Reply #138 on: October 31, 2018, 11:45:32 PM »

10000 STR | 3 times in a month (10 days period)

1st mint income : 10000 * (10/360) * 0,77 =  213,88888888 STR
2nd mint you have 10000 + 213,88888888 = 10213,88888888 STR * (10/360) * 0,77 = 218.46373457 STR
3rd mint you have 10213,88888888 + 218.46373457 = 10432.3526233 STR * (10/360) * 0,77 = 223.13643111 STR
---------------
TOTAL :  10432.3526233 + 223.13643111 = 10655.4890544


10000 STR | 1 times in a month (30 days period)
10000 * (30/360) * 0,77 += 10641.66666666 STR

Only 14 STR (much lower than gas price)

Thanks for the work and calculations !

Really clear and helpful to decide the best strategy among the needs.
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blueoreo17

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Re: STR Token Mining
« Reply #139 on: November 02, 2018, 09:09:14 AM »

Better to mint frequently to increase token holdings. Thank you for this guide, I really need to have now more eth to cover the fees in every minting.
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smiley7

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Re: STR Token Mining
« Reply #140 on: November 02, 2018, 11:05:06 AM »

What's your biggest stake? Mine was around 60. :D
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Looden

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Re: STR Token Mining
« Reply #141 on: November 02, 2018, 11:27:48 AM »

What's your biggest stake? Mine was around 60. :D



Just like personal airdrop :)
« Last Edit: November 02, 2018, 11:30:23 AM by Looden »
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ziggy

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Re: STR Token Mining
« Reply #142 on: November 03, 2018, 02:36:05 AM »

What's your biggest stake? Mine was around 60. :D



Just like personal airdrop :)

Just wow.
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sajjad78655

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Re: STR Token Mining
« Reply #143 on: November 05, 2018, 12:14:02 PM »

Wow good going... how earn par day on minning ?
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blockchain

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Re: STR Token Mining
« Reply #144 on: November 06, 2018, 02:37:50 AM »

I just know that Token based on Ethereum can do mining. Let me try first.
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Kael21

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Re: STR Token Mining
« Reply #145 on: November 06, 2018, 03:26:40 AM »

is there any minimum hold STR for mining
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Looden

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Re: STR Token Mining
« Reply #146 on: November 06, 2018, 02:36:44 PM »

Wow good going... how earn par day on minning ?
If you ask for me, daily about 60 STR income.
You can check the calculation examples on 1st message.

I just know that Token based on Ethereum can do mining. Let me try first.
Ethereum and derivatives Proof of Work based coins/tokens. You need a calculation power for mining.
Power consumption of PoW, increases incredible. There are lot of academic articles on google academic, you may want to search.
Proof of Stake (PoS) is the next generation way, with some derivatives. Staker is the one of them.

is there any minimum hold STR for mining
Nope. Even with 1 STR you can get rewarded.
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bbvedf

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Re: STR Token Mining
« Reply #147 on: November 12, 2018, 01:07:28 PM »

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wahid1286

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Re: STR Token Mining
« Reply #148 on: November 12, 2018, 04:28:16 PM »

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t3ChNo

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Re: STR Token Mining
« Reply #149 on: November 13, 2018, 12:10:36 AM »

Thanks for the guide. I'll try this later when at home and see if I get something  :)
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