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How to switch to staking as investor (PoS) only? And why? e.g. mag unit is low at the moment #33

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Erkan-Yilmaz opened this issue Aug 12, 2017 · 1 comment

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@Erkan-Yilmaz
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Erkan-Yilmaz commented Aug 12, 2017

  • How to switch to investor staking (PoS)?
  • Why I switched from PoR (Proof of Research) to only generating blocks via PoS, at the moment?

How to switch to investor staking (PoS)?


  • When you stake in !investor mode you still help/secure the network because the net weight stays higher (than when you shutdown your wallet)

How to go to investor mode?

  1. exit your wallet
  2. uncomment your email (or set the boincdatadir=foo) in your gridcoinresearch.conf file
  3. of course remember what you did in step 2, so you can revert it later
  4. start your wallet and make sure you see below picture after a few minutes (indicating you are an investor)

investor2



Why I switched from PoR (Proof of Research) to only generating blocks via PoS, at the moment?


See the magnitude unit evolution here. Right now it fell even more, down to 0.15

That means you will get

  • paid out less $GRC currently...

thus I am waiting with my PoR staking until the mag unit increases again...

In short:

  • if coin production is low: mag unit is increased
  • if coin production is high: it's decreased

Further links:


@Erkan-Yilmaz
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see this comment:

  • I made the right decision

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