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Author: Admin | 2025-04-28
Lock at least 1,000 ETP, for at least 24,000 blocks (approximately 1 week). It’s important to note that these 1,000 ETP have to be locked in 1 time: doing several locks of 500 ETP will not validate this requirement. It requires 1 lock transaction of 1,000 ETP or more.Also the last 1,000 blocks before the unlock are excluded. It means that if you lock your ETP for 24,000 blocks, you will only be able to mine during the 23,000 first blocks. If you lock for 48,000 blocks, you will be able to mine for 47,000 blocks etc…You can lock your ETP hereFinally, the ETP previously locked via the deposit function do not validate this condition: those ETP were already rewarded by the deposit interests, and can’t be used for PoS mining. Only ETP locked via the new lock function introduced in MPC, without interests, can validate it.2: Available ETPThen your chances to mine a block are defined by the number of outputs you have that are more than 1,000 ETP, that we call “Votes”. Outputs are basically the ETP you receive, so if you receive 2 transactions of 500 ETP you will have 2 outputs available to spend. But in that case you will not have any votes, since none of the outputs reach the 1,000 ETP threshold. At the opposite, if you receive 1 transaction of 2,000 ETP, you will only have 1 vote whereas you could have 2 votes with this amount.It’s also important to notice that 1 output of 2,000 ETP will give a bit more chances to find a block than 1 output of 1,000 ETP, but less than 2 outputs of 1,000 ETP . Indeed, the chances to mine a block vary according to the value of the output, but this calculation is not proportional and decreases rapidly. So the best chances to mine PoS are to keep as many outputs as possible just above 1,000 ETP.This is what the “Optimize” option of the wallet will do for you. It will simply send your ETP to yourself but split into outputs of exactly 1,000 ETP, to guarantee the highest efficiency. It will show you the number of votes you currently have, and how many you can get by reorganizing your outputs.How to optimize your PoS miningYou probably also noticed that there are “pending votes”. A pending vote is a vote that has been spent recently, in a range going from 500 to 1,000 blocks (from 4 to 8 hours). So if an output is spent, if you just received the transaction for instance, its aging will go to 0 and it will be displayed as a pending vote. After 500 to 1,000 blocks, it will become available to mine again. The exact aging requirement depends on the PoS difficulty: when there are more PoS miners it will increase till the maximum of 1,000 blocks, while when there are less PoS miners it will decrease to the minimum of 500 blocks.It’s also important to note that
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