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Latest Nxt Client: Nxt 1.11.15

Author Topic: forging  (Read 498 times)

ivanyi

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forging
« on: May 12, 2014, 08:52:05 pm »

Hello everybody!
Can someone tell me what are my chances to forge a block if I have 8'000 nxt in my account? In earlier versions there was a countdown for forging a block but then I only had 3 nxt in my account and it displayed that I can generate a block after years.  So now I have more nxts but now I dont know if it is worth to forge with 8'000 nxt because there is no display about the chance for forging the next block.....

I'm newbie and my english is not very good so it is possible that I dont understand something important about this whole forging thing...

Anyway excuse me if I post this to a wrong place or you answered this already hundred times!

Im very greatful for all this NXT thing....thank you all!!!.......................... If anyone is in a generous mood than dont hesitate to send me some nxt to this account: 17325627385661670639  ;) 
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achim

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Re: forging
« Reply #1 on: May 12, 2014, 09:41:36 pm »

Hi ivanyi

You will forge every 8000/999,997,096 block, or approx. every 125'000th block. IF all stakes would be forging. In reality, you'll forge probably every 40'000th block. Not very much. Remember that you'll never get rich through forging. The main goal is to support the network.

I recommend using a forging pool to get more regular forging results.

You'll find a How-to over here for forkedchains pool: https://nxtforum.org/general-discussion/nxtcrypto-org-leased-forging-pool-only-fees-are-1nxt-to-withdraw/
« Last Edit: May 12, 2014, 09:43:46 pm by achim »
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