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RE: PIVX - A Guide To Staking PIVX And Earning Rewards

in #crypto-news7 years ago

Thanks for the concise information. way too many options out there to discover each of them. For example, I'm looking into Monero mining via CPU, not GPU.

Now you give me another choice.

Do you or one of our fellow Steemian know what is the hardware requirement for Pivx POS mining? Looking to build a new Linux box anyway soon.
Upvoted.
~Joe
@joe.nobel

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Hello Joe, thank you for the feedback. The hardware requirement is minimal as the PIVX PoS does not require any significant CPU resources. It is just a wallet lite client using a bit of your network bandwidth. You could PoS is on a raspberry Pi if you wanted to. The see-saw algorithm determines the balance between stakes an MN and will drop your reward based on this balance and a few other variables. I have done CPU Monero mining myself, just for fun. You could download the Minergate pool client and get started in 5 minutes and 3 clicks ;)

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